NOT LISTED FOR SALE

0 120th St NE Lisbon, IA 52253

Studio
-- Bath
-- Sq Ft
10,142,510 Sq Ft Lot

Sale Details

Date Sold: January 26, 2024

Last sale price $1,549,670

40 Days on Market

Highlights

  • 232.84 Acre Lot
  • Open Lot
  • Farm
  • Wooded Lot

About This Home

As of January 2024

Johnson & Linn County, Farmland Auction - Mark your calendar for December 6th, 2023 at 10:00 a.m. Peoples Company is pleased to offer 232.84 acres m/l at Auction in two separate tracts near Sutliff, IA. The LIVE auction will be held at the Tin Roof Hideaway & Event Center in Lisbon, IA. The farms have been farmed organic since 2016 giving them the Certified Organic stamp of approval. Between both tracts, there are 133 certified organic acres m/l by Iowa Organic Certification Program. Both tracts are very diversified from the standpoint that they are both located only a half mile off pavement allowing for great building site potential overlooking the picturesque hills of Johnson & Linn County, IA. The recreational component of these farms is second to none including great habitat and bedding to hold whitetail deer, turkey & pheasants. If you have been looking for that perfect combination farm offering great income with excellent hunting, look no further. Tract 1: 122.84 surveyed acres containing 84.68 tillable acres m/l carrying a CSR2 value of 38. Tract 2: 110 acres m/l containing 70.36 tillable acres m/l carrying a CSR2 value of 47.2. The tracts lie just South of Lisbon & Mt Vernon, IA off Sutliff Road. Both tracts are roughly a quarter mile off of pavement. Of the 232.84 Acres m/l, there are 155.04 open acres m/l in organic soybean & alfalfa production this year. Tract 1 is located in Section 1 of Cedar Township. Tract 2 is located in Section 35 of Franklin Township, as well as, Section 2 of Cedar Township. Do not miss your chance to own these uniquely diverse Johnson and Linn County Farms. *The Round Bales on Tracts 1 & 2 will be removed by March 1st. **On Tract 2, the grain storage bins will be removed and relocated by October 1st, 2024.

Last Agent to Sell the Property

Matthew Hoenig

Peoples Company Listed on: 11/01/2023

Last Buyer's Agent

Matthew Hoenig

Peoples Company Listed on: 11/01/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,725

Lot Details

  • 232.84 Acre Lot
  • Open Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned Ag

Home Design

  • Farm

Schools

  • Lisbon Elementary And Middle School
  • Lisbon High School

Listing and Financial Details

  • Assessor Parcel Number 0101451001

Property Details

Property Type

Other

Est. Annual Taxes

$4,725

Lot Details

232.84 Acres

Listing Details

  • Property Type: Farm
  • Section: 1
  • Directions: Tract 1: From the Intersection of East Kirkwood Boulevard & Sutliff Road in Lisbon, IA head south on Sutliff Road. After nearly 5 miles turn left (east) onto White Oak Ave NE. In a tenth of a mile turn left onto 120th St NE. Tract 1 will be on the left.
  • Reso Property Sub Type: Farm
  • ResoLotFeatures: Over Five Acres, Open Lot, Wooded
  • MLS Status: Sold
  • Subdivision Name: NA
  • Reso Property Condition: Good
  • Tax Year: 2022
  • List Office Type: Regular
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 0

Interior Features

  • Basement YN: No

Exterior Features

  • Acres: 232.84

Schools

  • High School: Lisbon
  • Elementary School: Lisbon
  • Middle Or Junior School: Lisbon

Lot Info

  • Zoning: Ag
  • Open Acres: 0
  • Pasture Acres: 0
  • Cultivated Acreage: 155.0
  • Wooded Area: 77.0
  • Parcel #: 0101451001

Green Features

  • Green Verification: No

Rental Info

  • Lease Value: 0

Tax Info

  • Tax Annual Amount: 4725.0
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Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $1,549,670 0.0% --
12/06/2023 12/06/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $1,549,670 -- --
Source: Iowa City Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202305678

Iowa City Area Association of REALTORS®
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