NOT LISTED FOR SALE

00 120th St van Meter, IA 50261

160 Acres
-- Price per Acre
6,969,600 Sq Ft Lot

Last Sold July 19, 2024

Last sale price $1,696,000

70 Days on Market

About This Lot

As of July 2024

Madison County, Iowa Farmland Auction - Mark your calendar for Friday, May 24th, 2024, at 10:00 AM CST! We are pleased to be offering 160 acres m/l of highly tillable farmland in Madison County, IA.

Located in central Madison County, IA this highly tillable tract includes 147.59 FSA tillable acres carrying an average CSR2 of 71.2. This farm has high-quality soils including Sharpsburg Silty Clay Loam and Macksburg Silty Clay Loam. There are 120.91 acres currently in crop production. These acres carry an above-average CSR2 of 79.7. The remaining 26.68 FSA tillable acres are enrolled in CRP paying $4,486/year through 09/30/2026. The farm is leased for the 2024 farm season. The buyer will receive the full 2024 cash rent at time of closing plus the full 2024 CRP payment. Over the years there has been extensive terrace and tile work installed to improve the soil health on this farm. Over sixteen tile intakes have been identified across the farm (see attached Tile Map). This farm is conveniently located only 1 mile off of a hard-surfaced road with a short 20-minute drive to the Des Moines, IA Metro.

This farmland tract will be offered via a live Public Auction that will take place at 10:00 AM CST on Friday, May 24th, 2024, at the Madison County Fairgrounds Building located at 1146 W Summit St. in Winterset, Iowa. The land will be sold as one tract on a price-per-acre basis. This auction can also be viewed through our mobile bidding app and online bidding will be available.

Last Agent to Sell the Property

Mike Nelson

Peoples Company Listed on: 03/19/2024

Co-Listed By

Jared Chambers

Peoples Company

Last Buyer's Agent

Mike Nelson

Peoples Company Listed on: 03/19/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,298

Lot Details

  • 160 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 141021824000000

Property Details

Property Type

Land

Est. Annual Taxes

$4,298

Lot Details

0

Listing Details

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

Schools

  • School District: Van Meter

Lot Info

  • Acres: 160.0000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 141021824000000
  • Zoning: Ag

Tax Info

  • Gross Taxes: 4298.00
  • Net Taxes: 4298.00

MLS Schools

  • School District: Van Meter

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 List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $1,696,000 +169599900.0% --
05/28/2024 05/28/24 Pending -- -- --
03/19/2024 03/19/24 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: 691465

Des Moines Area Association of REALTORS®