NOT LISTED FOR SALE

0 320th St Madrid, IA 50156

91.53 Acres
-- Price per Acre
3,987,047 Sq Ft Lot

Sale Details

Date Sold: October 4, 2022

Last sale price $1,427,686

40 Days on Market

About This Lot

As of October 2022

Boone County, Iowa Farmland Auction – Mark your calendar for Friday, August 12th! We are pleased to be representing the Estate of Vera F. Myers in the sale of 91.53 total acres m/l located in southeast Boone County between the towns of Madrid and Slater, Iowa. This farm, known as the "Hatgrove Farm" that dates back to the 19th Century, has been a long-time family heirloom of the Myers family. The farmland will be offered as a single tract via public auction. The auction will take place at 10:00 AM at the Slater Log Cabin in Nelson Park at 305 Benton Street in Slater, Iowa.

Located in a strong farming community, this nearly 100% tillable farm includes 91.70 FSA cropland acres carrying a CSR2 soil rating of 84.2 with top-producing soils of Webster clay loam, Nicollet loam, and Clarion loam. Farmland acres are considered NHEL (Non-Highly Erodible Land) and do not include a conservation plan. Currently, there are 89.56 acres being farmed. This tract would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase. Tile maps have not been made available, but seven tile intakes have been located across this farmland tract (See attached Tile Intake Map). Several competing grain marketing options are located nearby including ethanol plants and a variety of grain elevators with close proximity to U.S. Highway 30 and Iowa Highways 210 and 144. Additionally, the property lies just east of Madrid, Iowa within Sections 27 and 28 Garden Twp.

Last Agent to Sell the Property

Matt Adams

Peoples Company Listed on: 07/08/2022

Last Buyer's Agent

Matt Adams

Peoples Company Listed on: 07/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,970

Lot Details

  • 91.53 Acre Lot
  • Property is zoned Ag

Utilities

  • Rural Water

Listing and Financial Details

  • Assessor Parcel Number 088225281100001; 088225281400001; 088225272200005;

Property Details

Property Type

Land

Est. Annual Taxes

$2,970

Lot Details

91.53 Acres

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Gravel

Utilities

  • Water: Rural

Lot Info

  • Acres: 91.5300
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 088225281100001; 088225281400001; 088225272200005;
  • Zoning: Ag

Tax Info

  • Gross Taxes: 2970.00
  • Net Taxes: 2970.00

MLS Schools

  • School District: Madrid
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2022 10/04/22 Sold $1,427,686 +142768500.0% --
08/17/2022 08/17/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $1 -100.0% --
07/15/2016 07/15/16 Sold $95,000 -4.9% -- View Prior Sale
05/27/2016 05/27/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $99,900 -- --
Source: Des Moines Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 655852

Des Moines Area Association of REALTORS®
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