$2,357,500
SOLD APR 2, 2018

0 Meadow Rd Adel, IA 50003

230 Acres
$10,250 Price per Acre
10,018,800 Sq Ft Lot

Recently Sold

20% Below List Price

129 Days on Market

About This Lot

As of April 2018

Offering 230 acres m/l of transitional development land located just south of Adel, IA. Property is adjacent to a proposed annexation area for the City of Adel. Future sewer and water infrastructure is slated to run through the property - see Attachments for approximate maps. This is an ideal parcel for future residential development with topography allowing for a variety of walkout, daylight, and standard lots. Adel is a rapidly growing community with approximately 181 residential lots developed and 138 building permits pulled in 2016. Property consists of 183.54 FSA tillable acres carrying an 83.7 CSR2. Primary tillable soils include Clarion and Bemis. Property is located one half mile south of the existing city limits of Adel in Sections 1 and 2 of Adams Township.

Last Agent to Sell the Property

Scott Kelly

ATI Group Listed on: 05/16/2017

Co-Listed By

Steve Bruere

Peoples Company

Last Buyer's Agent

Steve Bruere

Peoples Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,512

Lot Details

  • 230 Acre Lot
  • Property is zoned AG

Additional Features

  • Electricity Available at Street
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number 1402200014

Property Details

Property Type

Land

Est. Annual Taxes

$5,512

Lot Details

0

Listing Details

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

Utilities

  • Water: Rural
  • Electricity: Street
  • Gas: None

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 230.0000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 1402200014
  • Zoning: AG

Tax Info

  • Gross Taxes: 5512.00
  • Net Taxes: 5512.00

MLS Schools

  • School District: Adel-Desoto-Minburn

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
07/18/2025 07/18/25 Price Changed $1,359,750 -4.1% --
06/03/2025 06/03/25 For Sale $1,417,500 -39.9% --
05/23/2025 05/23/25 Pending -- -- --
03/10/2025 03/10/25 For Sale -- -- --
04/02/2018 04/02/18 Sold $2,357,500 -19.6% --
09/22/2017 09/22/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $2,932,500 +3810.0% --
06/11/2015 06/11/15 Sold $75,000 -11.8% --
05/28/2015 05/28/15 Pending -- -- --
02/25/2014 02/25/14 For Sale $85,000 -- --
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: 539789

Des Moines Area Association of REALTORS®