$3,540,334
SOLD JAN 22, 2025

0 Hwy 69 Hwy van Wert, IA 50262

409 Acres
$8,661 Price per Acre
17,806,890 Sq Ft Lot

Recently Sold

354,033,300% Above List Price

51 Days on Market

About This Lot

As of January 2025

Premium Decatur & Wayne County, Iowa Land Auction! - Presenting the sale of 408.79 acres m/l of high-quality tillable farmland located near Van Wert and Humeston, Iowa. The farm will be offered as 3 individual tracts with both live and online bidding options available on December 11th, 2024, at the Weldon Community Building in Weldon, IA at 10 A.M (CST).

Of the total 408.79 acres m/l in this portfolio, the farmland includes 387.35 FSA cropland acres carrying CSR2 ratings in the mid-60s to mid-50s. The remaining balance of the acres consists of quality pasture. These farms are located in a strong farming community near several competing grain markets which include both grain elevators and ethanol plants, these highly-tillable tracts of farmland would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase.

Tract 1: 216.55 Acres M/L with 207.26 FSA cropland acres, carrying a CSR2 value of 63.1. Located on Highway 69 in Decatur County.
Tract 2: 152.24 Acres M/L with 143.29 FSA cropland acres and 123.51 acres currently in production, carrying a CSR2 value of 58.5. Located near Humeston in Wayne County.
Tract 3: 40 Acres M/L with 36.8 FSA cropland acres and 19.79 acres currently in production, carrying a CSR2 value of 55.1. Located near Humeston in Decatur County.

Last Agent to Sell the Property

Daran Becker

Peoples Company Listed on: 10/23/2024

Last Buyer's Agent

Daran Becker

Peoples Company Listed on: 10/23/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,934

Lot Details

  • 408.79 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 0317300004, 0317300001, 0317300002, 0317300005, 03

Property Details

Property Type

Land

Est. Annual Taxes

$8,934

Lot Details

0

Listing Details

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

Schools

  • School District: Outside School District

Lot Info

  • Acres: 408.7900
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 0317300004, 0317300001, 0317300002, 0317300005, 03
  • Zoning: Ag

Tax Info

  • Gross Taxes: 8934.00
  • Net Taxes: 8934.00

MLS Schools

  • School District: Outside School District

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
01/22/2025 01/22/25 Sold $3,540,334 +354033300.0% --
12/13/2024 12/13/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $1 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 706460

Des Moines Area Association of REALTORS®