0000 J55 Hwy Redding, IA 50860
Estimated payment $10,032/month
About This Lot
We are proud to offer this exceptional 315 +/- acre farm in Ringgold County, Iowa. Located 1.5 miles west of Redding on County Road J55, the property presents a unique opportunity for those seeking a blend of income, recreation, and future tillable potential.
For the investment-minded buyer, the property currently generates a reliable annual income of $57,165 through its 239.02 acres enrolled in CRP programs. This includes 20.82 acres in a CP21 buffer program, which runs through September 2028, and 218.2 acres in a CP42 program, extending to September 2026. This consistent income stream provides a valuable return on investment.
Looking to the future, the 218.2 acres currently in the CP42 program offer significant potential for conversion to tillable land upon contract expiration in September 2026. The open acres have a CSR2 rating of 54.5 along with approximately 93 +/- acres of bottom ground. This presents a valuable opportunity for future expansion or diversification of farming operations.
For outdoor enthusiasts, the farm offers exceptional hunting opportunities. The property boasts extensive cover provided by the CRP, creating an ideal habitat for trophy-class whitetail deer. The Grand River, flowing along the eastern boundary, provides a consistent water source. Trail camera footage confirms a healthy deer population, including some impressive bucks.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,600
Lot Details
- 315 Acre Lot
- Property is zoned Ag
Listing and Financial Details
- Assessor Parcel Number 001510
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $746 | $36,947 | $36,947 | $0 |
| 2023 | $734 | $36,947 | $36,947 | $0 |
| 2022 | $662 | $27,740 | $27,740 | $0 |
| 2021 | $662 | $27,740 | $27,740 | $0 |
| 2020 | $764 | $33,500 | $33,500 | $0 |
| 2019 | $714 | $40,445 | $40,445 | $0 |
| 2018 | $692 | $40,445 | $40,445 | $0 |
| 2017 | $692 | $40,445 | $40,445 | $0 |
| 2016 | $626 | $42,249 | $0 | $0 |
| 2015 | $626 | $36,110 | $0 | $0 |
| 2014 | $506 | $35,610 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $1,811,250 | -8.0% | -- |
| 03/14/2025 03/14/25 | For Sale | $1,968,750 | -- | -- |
Source: Des Moines Area Association of REALTORS®
MLS Number: 713501
APN: 001510
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