K
Seller's Agent in 2023
Kolt Kiburz
Peoples Company
(515) 468-5035
26 Total Sales
00 155th St Lorimor, IA 50149
38
Acres
--
Price per Acre
1,667,477
Sq Ft Lot
About This Lot
As of March 2023Pleased to present 38.28 acres m/l in northeast Union County. This property consists of 35.09 FSA Tillable Acres with a CSR2 of 72.8. The primary soil types are Nira-Sharpsburg silty clay loam and Macksburg silty clay loam, and together these soils provide a CSR2 of 88, which is well above the county average. There are currently outlets on three corners of the property allowing for adequate drainage year over year to help take advantage of the productive soils. The opportunities extend past the tillable acres as there are 2.5 acres in the northeast corner that contains adequate cover for a various amount of wildlife. This piece would be the perfect farm for an investor looking to diversify their portfolio while having recreational opportunities or a beginning farmer looking for an affordable 40-acre tract. This farm is located just south of Lorimor, Iowa in Section 33 of New Hope Township in Union County, Iowa. The lease on the tillable acres has been terminated and is open for the 2023 cropping season.
Additional land is also for sale ( Listing #16582)
Property Details
Property Type
- Land
Est. Annual Taxes
- $706
Lot Details
- 38.28 Acre Lot
- Property is zoned Ag
Listing and Financial Details
- Assessor Parcel Number 0433100010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2022
Closed on
Mar 3, 2023
Sold by
Ridout Craig
Bought by
Schimmels Fred E and Schimmels Dotty L
Seller's Agent
Kolt Kiburz
Peoples Company
Buyer's Agent
Kolt Kiburz
Peoples Company
List Price
$370,000
Sold Price
$356,004
Premium/Discount to List
-$13,996
-3.78%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,465
Outstanding Balance
$204,776
Interest Rate
6.13%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schimmels Fred E | $356,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schimmels Fred E | $207,465 | |
| Previous Owner | Ridout Craig | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2023 03/07/23 | Sold | $356,004 | -3.8% | -- |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | For Sale | $370,000 | -- | -- |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $790 | $33,100 | $33,100 | $0 |
| 2023 | $718 | $33,100 | $33,100 | $0 |
| 2022 | $706 | $23,520 | $23,520 | $0 |
| 2021 | $706 | $26,780 | $26,780 | $0 |
| 2020 | $794 | $28,140 | $28,140 | $0 |
| 2019 | $870 | $45,190 | $0 | $0 |
| 2018 | $812 | $45,190 | $0 | $0 |
| 2017 | $866 | $54,970 | $0 | $0 |
| 2016 | $844 | $54,970 | $0 | $0 |
| 2015 | $844 | $59,111 | $0 | $0 |
| 2014 | $896 | $59,111 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 665494
APN: 0433100010
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