NOT LISTED FOR SALE

0 Hamlin Avenue & 260th St Unit 5479263 Modale, IA 51556

-- Bed
-- Bath
-- Sq Ft
235 Acres

Last Sold March 16, 2018

Last sale price $1,125,000

239 Days on Market

About This Home

As of March 2018

Offering an aggressive return on investment and abundant wildlife opportunities with this 235 acre tract of income producing Wetland Restoration CRP land nestled among the Loess Hills of Western Iowa! Additionally, the farm is adjacent to Vaile Wetland Nature Area and Sawmill Hollow Wildlife Area with combined acres of wetland, woodland, and ridge top prairie habitat. Property includes 233.83 acres enrolled in two separate CRP contracts (CP-21 & CP-23) with an annual payment of $67,440. (223.71 acres with an annual payment of $66,308 enrolled until 2025 and 10.1 acres with an annual payment of $1,138 enrolled until 2018) ANNUAL PAYMENT OF $67,440 EQUATES TO A 4.5% GROSS RETURN! With the volatility and uncertainty that comes with investing in the stock market and lack of returns on alternative investments, owning this property with the Federal Government as your tenant should be enticing. Located a few miles from Interstate 29 providing easy access and short distance from.....

Last Agent to Sell the Property

Matt Adams

Peoples Company Listed on: 06/20/2017

Last Buyer's Agent

Matt Adams

Peoples Company Listed on: 06/20/2017

Home Details

Home Type

  • Single Family

Lot Details

  • 235 Acre Lot

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Copyright Remarks: Yes
  • Municipality: Modale
  • Section Number: 27
  • House Or Land: Land Only
  • OFFICELIST_ADDRESS: 0 Hamlin Avenue & 260th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2017-06-20
  • List Office I D: 909
  • M L Number Foreign: RLIT19889
  • Sales Office I D: 909
  • Selling Agent: 3691
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3

Utilities

  • Air Conditioner: None

Fee Information

  • Tax Class: FARM

Schools

  • School District: West Harrison

Lot Info

  • Acres: 235
  • Lot Size Sq Ft: 10236600
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

MLS Schools

  • School District: 6969 - West Harrison
  • School District Name: West Harrison

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $1,125,000 -24.9% --
02/14/2018 02/14/18 Pending -- -- --
06/20/2017 06/20/17 For Sale $1,499,000 -- --
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5479263

NoCoast MLS