2325 520th Avenue Melrose, IA $ 927,200
2325 520th Avenue
$ 927,200
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2325 520th Avenue

Melrose, IA, 52569
$ 927,200
Baths0.0

Monthly Estimate*

$ 6,477

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Studio

Farms/Ranches for sale in Melrose, IA

for $927,200. The lot size is 152.

Iowa Trophy Hunting Property located just outside of Melrose, Iowa, 5 miles from Rathbun Lake. This 152-acre Monroe County property offers remarkable hunting opportunities, year-round recreation, food plots, building potential, solid CRP income & high value white oak & walnut timber. Additionally, the established clover & corn food plots provide food sources, & the CRP provides additional bedding within the Native Warm Season Grass. The current income for the farm is made up of 4 separate CRP contracts generating $11,008 annually. In addition to the CRP payment, added income may be realized by harvesting the mature timber on this property; a recent estimate in 2022 put the value to the landowner at over $40,000. The current owner will continue to own & manage the adjacent 240 acres to the west & will retain a low impact 30-foot access along the south border for ingress/egress but will discuss his needs with perspective buyers to assure it won’t disrupt their use.

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Farms/Ranches Active

Price

$ 927,200

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 0

Style

Farm,Recreational

Lot Size

152

Town/City

Melrose

County/Region

Monroe

MLS | Web ID

6314972

Features
General
Road Frontage County Road
Zoning Agriculture
HOA SEIA
Status Active Active
Style Other
Class FARM
Property Sub Type Farm Recreational
Tax Year 2023
Subdivision IA
Contingency None
Auction Y/N 0
Area Monroe
Primary City Melrose
Directions From the intersection of Highway 34 and 520th Avenue turn South on 520th Avenue. Continue on 520th Avenue turning into Shamrock Street. Curve West on Erin Avenue then cross the railroad tracks to tur
City Melrose
Street Name 520th
Agent First Name Stephen
Agent Last Name Hanson
DOM 74
Postal Code 52569
Potential Short Sale No
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Exterior
Lot Size Area 152
Lot Size Dimensions 152 +/- Acres
Farm Type Wooded/Hunting
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Interior
Fireplace 0
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Internal Only
OriginalMLSID 6314972
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* Excluded Features
List By
Stephen Hanson

Listing Agent

Hawkeye Farm Mgmt & Real Estat

Broker

iowasch@gmail.com

Email

Affordability Calculator

$6,477
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,477
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$927,200 Listed Price

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2325 520th Avenue, Melrose, IA, 52569 is a Farms/Ranches for sale at $927,200 with a lot size of 152. 2325 520th Avenue is a studio with 0.0 baths. The property's zip code is 52569 which is in Melrose, IA