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Lamb Lane Boone, IA 50036 • Land - Farm

  • Lamb Lane, Boone, IA 50036 Main Photo
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Description

130.98 acres, m/l, located approximately 2 miles west of Boone, Iowa on the west side of Lamb Ln. This farm has 39.09 FSA/Eff. crop acres with a CSR2 of 82.90. There are also 27.08 acres enrolled in three CRP contracts. There are 6.62 acres enrolled in a CP-42 contract that pays $1,589.00 annually and expires 9/30/2036. There are 18.15 acres enrolled in a CP-42 contract that pays $5,433.00 annually and expires 9/30/2027. There are 2.31 acres enrolled in a CP-43 contract that pays $693.00 annually and expires 9/30/2033. Great opportunity for a mixed-use recreation and tillable property within 5 minutes of Boone, IA. Has added value from a cell tower lease.

Property Highlights

Property Type: Land - Farm
Total Acres: 130.98 Acres
Zoning: Agriculture, Forestry

General Information

County: Boone
Listed By:
Hertz Real Estate Services 515-382-1500
No Coast MLS
$1,139,526
Est. $8,214/mo
Active
LOT SIZE 130.980 acres MLS#6340582
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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Lamb Lane, Boone, IA 50036.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,139,526$1,139,526$1,139,526
Down Payment $39,883$0$227,905
Monthly Mortgage Amount $7,350$7,842$6,296
Taxes $1586$1586$1586
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $684$0$0
Monthly Estimated Total $9,952$9,760$8,214

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