$500,000
$500,000
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40 Acres Lot
SOLD DATE : 02/16/2026
Key Details
Sold Price $500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 728488
Sold Date 02/16/26
HOA Y/N No
Annual Tax Amount $558
Lot Size 40.000 Acres
Acres 40.0
Property Description
We are pleased to present a unique 40-acre property located northeast of Seymour in Appanoose County, Iowa. Just a short drive from Lake Rathbun, this versatile tract offers an exceptional combination of recreation, income, and rural living.
The property features a quality 64' x 42' Morton building constructed in 2016, offering ample space for storing boats, campers, and recreational vehicles. Inside, you'll find a bathroom and kitchen setup, providing comfort and functionality for weekend stays or extended work projects. With Rathbun Rural Water and Alliant Energy already connected, the site is fully equipped for immediate use or future expansion.
Approximately 24.46 acres are currently enrolled in the Conservation Reserve Program (CRP), providing an annual payment of $4,289 or $175.35 per acre and expiring in 2031. This offers a dependable income stream while also enhancing the property's wildlife habitat and aesthetic appeal. The property has room for a new home to built along the road with rural water and electric in place. Contact the listing agents to view the property.
Location
State IA
County Appanoose
Area Centerville
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 190194000830000
Monthly Total Fees $46
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Peoples Company
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