$1,934,066
SOLD NOV 21, 2025
116.51 Acres
$16,600 Price per Acre
5,075,176 Sq Ft Lot

Recently Sold

193,406,500% Above List Price

54 Days on Market

About This Lot

As of November 2025

Mitchell County, Iowa Farmland Auction - Mark your calendars for Wednesday, September 24th, 2025! We are honored to represent the heirs of the Russell G. McPhail Estate in the sale of 116.51 acres m/l located northeast of Osage, Iowa, or just south of Little Cedar, Iowa. The farmland will be sold as two individual tracts through the Buyer's Choice Auction Method, taking place at 10:00 AM at the CRC Events Center in Osage, Iowa. Tract 1: 80 acres with 76.79 FSA cropland acres; CSR2 of 86.6.
Tract 2: 36.51 acres with 35.48 FSA cropland acres; CSR2 of 79.3. These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land) and have been professionally managed, enhancing their value as a reliable and sustainable asset. The tracts are located in Liberty and Burr Oak Townships. The farm lease has been terminated, and the farming rights will be available for the 2026 growing season. The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Wednesday, September 24th, 2025, at the CRC Events Center, 1006 Chestnut Street, Osage.

Last Agent to Sell the Property

Chase Duesenberg

Peoples Company Listed on: 08/07/2025

Last Buyer's Agent

Chase Duesenberg

Peoples Company Listed on: 08/07/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,092

Lot Details

  • 116.51 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 0735100001, 1103200003

Property Details

Property Type

Land

Est. Annual Taxes

$4,092

Lot Details

0

Listing Details

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

Lot Info

  • Acres: 116.5100
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 0735100001, 1103200003
  • Zoning: Ag

Tax Info

  • Gross Taxes: 4092.00
  • Net Taxes: 4092.00

MLS Schools

  • School District: Outside School District
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Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Sold $1,934,066 +193406500.0% --
09/30/2025 09/30/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $1 -- --
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: 723855

Des Moines Area Association of REALTORS®