15738 240th Street
Luceme, MO 64655
- – beds
- – baths
- – sqft
- ~160 acre lot
- – on site
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Here is a great diverse property providing income from numerous sources. This property generates an impressive 4.2% return at the asking price from row crop, hay, hunting, and residential lease income. Total acres are 160+/- with 97 acres currently in row crop production and 25 acres in hay production. The remainder of the farm is comprised of timber, draws, a creek and ponds. With heavy bedding on neighboring properties funneling into wooded draws on this property, there is certainly some opportunity to have excellent hunting. This property has multiple pockets and clearings that would make excellent food plot locations should a new owner want to improve the hunting habitat. Also included on this property is an existing farmhouse including five-bedrooms, one-and-a-half bath and approximately 2150 square feet. In addition, there is a newer pole barn, a detached garage, storage shed, and RV cover. Rural water and electricity are present on the property. This farmhouse could become a special house with some updating. This farm is truly a homestead and provides a little bit of everything on the farm. If you’ve been looking for a diverse income producer then give this place a look! Hunting Lease: The farm is leased for hunting at a rate of $6,500 annually. Lease to expire June 1, 2023. Purchaser to honor existing hunting lease. Residential Lease: House is leased at a rate of $650 per month. Residential lease to expire April 19th 2023. Purchaser to honor existing residential lease. Row Crop Lease: Farm currently leased for row crop production at a rate of $125 per acre on 97 acres for 2022. Farm lease to be $160 per acre on 97 acres for 2023 and 2024. Farm lease to expire December 31st 2024. Purchaser to honor existing row crop lease. Hay Lease: Farm currently leased for hay production at a rate of $70 per acre on 25 acres. Hay lease to expire December 31st 2024. Purchaser to honor existing lease on hay ground.
Last checked:
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Last updated Nov 6, 2024
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MLS# 2397274 —
Location
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Directions:From Unionville West on HWY 136. South on Highway K. West on Jewel Rd. Property sits on North side of road.
The Property
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Property Type:Land
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Property Subtype:Land
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Parcel Number:999999
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Lot Features:Acreage, Pond(s)
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Lot Size SqFt:6969600
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Lot Size Area:160
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Lot Size Units:Acres
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Zoning:AG
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Current Use:Agriculture, Recreational, Single Family
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Possible Use:Agricultural, Residential, Rural
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Road Responsibility:Public Maintenance
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Road Surface Type:Gravel
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Fencing:Barbed Wire
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Other Structures:Residence, Shed(s)
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In Flood Plain:Unknown
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Agriculture Type:Grain/Crops,Pasture
Listing Agent
- Contact info:
- Agent phone:
- (816) 262-6178
- Office phone:
- (816) 232-7160
Taxes
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Tax Total Amount:784
The Listing
Utilities
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Sewer:Septic Tank
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Water Source:Rural
Schools
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High School District:Putnam County R-I
The Community
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Subdivision Name:Other
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Association:false
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Association Fee Frequency:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/7/22
Sep 7, 2022
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Sold | HMLS | $760,000 | |
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8/6/22
Aug 6, 2022
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Pending | HMLS | $760,000 | |
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8/3/22
Aug 3, 2022
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Listed / Active | HMLS | $760,000 |
