39 Acres in Melrose, IA - $387,500
Monroe County Acreage for Sale
Hard-to-find rural acreage with large ranch home with quality outbuildings. Home is surrounded by 30 acres excellent cropland, seven acres attractive pasture/hay and a full set of farm buildings. This farm is located just two miles N of Rathbun Lake and four miles S of Melrose, Iowa. Home was built in 1972 and was extensively remodeled/added to in 2011-2013. Home offers 2098 sq. ft. main floor living space, comfortable sunroom, spacious two car garage with large concrete parking area and 912 sq. ft. partially finished basement.
The main floor features a spacious newer master suite, relaxed sunroom; 2nd bedroom, large sewing/craft room, sunken living room, kitchen, dining area, pantry, full bath and laundry. Both current office and the large craft room offer potential third and fourth bedroom options.
The basement is partially finished and includes recreation space, office space, st...
The basement is partially finished and includes recreation space, office space, storage and utility areas.
Outbuildings include: 24 x 48 fully insulated/heated/AC workshop with office and bathroom; 50 x 80 machine shed; 16 x 30 garden shed, 40 x 46 cattle shed with fenced pastures, automatic waterers and concrete feeding slab, older dryer bin and small storage bin.
Current lease for the land and machine and cattle sheds earns $4,954 annually.
The home is surrounded by a well-maintained lawn with views of picturesque southern Iowa rolling hills of grass/cropland and a farm pond. Several young fruit trees will soon start production. This Melrose/Rathbun Lake Area acreage offers spacious rural living and multiple options for all buyers.
