Recreational Land & Farm for Sale in Lake Township, Iowa

120th St Lake Township, IA 51055

Images
Map
1 / 13
$280,000
39.24 acres
Active sale agoEst $2,141/mo

Pleased to present 39.24 surveyed acres m/l of Monona County farmland located south of Sloan, Iowa. This farm combines recreational potential with productive, tillable acres and would make for a great add-on unit to an existing farm operation or provide an excellent entry-level investment for those looking to access the land ownership market. Affordable and income-producing, this farm includes 37.98 FSA cropland acres carrying a CSR2 soil rating of 62.3, of which, 28.87 acres m/l are currently tillable. There are 9.11 CRP enrolled acres, producing a payment of $232.88 per acre or $2,122 annually. The CRP acres are contracted through 2031 and nicely pair western Iowa hunting opportunities with a guaranteed annual income.

Property is accessed via a 33-foot-wide easement extending from the north from 120th Street to the northwest corner of the property. See easement survey document in listing attachments for details. The property is located within McCandless Main Drainage District and requires an average annual drainage levy of approximately $338. No additional major drainage projects are currently planned for the district.

Property is located just 1 mile from paved County Highway K45 and less than 4 miles from direct access to Interstate 29. The farm is open for the 2025 crop season.

Directions

From Sloan, Iowa travel south on Old Highway 75/ County Highway K45 for approximately 3.5 miles to 120th Street. Turn right (West) on 120th Street and travel west approximately 1 mile to reach property easement. Direct property access is by easement through the W 1/2 of the NW 1/4 of Lake Township of Monona County, Iowa. Easement document is found within listing attachments.

Location

Street Address
120th St
Elevation
1,066 feet
Coordinates
42.1773, -96.2121

Property details

Zoning
Ag
MLS Number
DMAAR 709895
Date Posted

Property taxes

Recent
$1,320

Parcels

  • 854616325001

This 39.24-acre property is located at 120th St in Lake Township, IA 51055 with latitude 42.1773 and longitude -96.2121. The property is currently available for sale for $280,000 with a price per acre of $7,136. Listing data is sourced from Des Moines Area Association of Realtors # 709895.

Verify sale details at the property source or contact Peoples Company at (515) 771-7588.

Report listing issue

Copyright (C) 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.
Contact agent