




60th Ave, Hedrick, IA, 52563
About This Home
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.
Getting Around
Schools
Construction
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Farm
Property
Details
- Parcel number: 008113120199000
- Zoning: Agriculture
Lot
- Lot size: 73.12 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Drought
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,957 | $35,484 |
| Home Insurance * | $765 | $9,180 |
| Property Taxes | $667 | $8,004 |
| Electricity | $121 | $1,452 |
| Total | $4,510 | $54,120 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $584,960 |
