This 73.12 +/- acre income producing farm is located just Northeast of Ottumwa, Iowa, in Competine Township. Located on the edge of one of Southeast Iowa's productive agricultural regions, this farm offers an excellent combination of income potential, future row-crop production, and recreation opportunity, this property is well suited for investors, farmers, and outdoor enthusiasts. The farm is currently enrolled in the Conservation Reserve Program, with 60.65 acres generating $15,497 in annual income through September 30, 2026. Upon expiration of the contract, the new owner will have the opportunity to utilize the farm with whatever practices are best suited. The current production acres carry a strong 67.4 CSR2 average, with the predominant soil types consisting of Zook, Colo, and Vesser soils. The remaining acres feature timber, brushy fence rows, and wooded draws that create exceptional wildlife habitat. Cedar Creek winds along the Southern boundary of the property, while timbered draws and natural fencerows funnel deer and turkey movement throughout the farm, providing multiple stand locations and great hunting opportunities. Whether you're looking for a manageable farm to begin or expand your farming operation, a recreational property with dependable income, or an investment with future production potential, this versatile Wapello County farm offers an outstanding opportunity in a desirable location.
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Zillow last checked:
Listing updated:
Listed by:
Luke Nissen712-304-4827,
Hawkeye Farm Mgmt & Real Estat
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6341117
Facts & features
Interior
Features
Has fireplace: No
Property
Lot
Size: 73.12 Acres
Details
Parcel number: 008113120199000
Zoning: Agriculture
Construction
Type & style
Home type: SingleFamily
Architectural style: Other
Property subtype: Farm
Community & HOA
HOA
Has HOA: No
Location
Region: Hedrick
Financial & listing details
Annual tax amount: $1,865
Date on market: 8/3/2026
Cumulative days on market: 21 days
Estimated market value
Zestimate®
$562,100
Estimated sales range
$534,000 - $590,000
Rent Zestimate®
$1,251/mo
Price history
Date
Event
Price
8/3/2026
Listed for sale
$584,960
Source: NoCoast MLS as distributed by MLS GRID #6341117Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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