$881,440
SOLD MAR 7, 2025

00 County Highway S56 Hwy Russell, IA 50238

157 Acres
$5,600 Price per Acre
6,856,344 Sq Ft Lot

Recently Sold

88,143,900% Above List Price

55 Days on Market

About This Lot

As of March 2025

Wayne County, Iowa Farmland Auction – Mark your calendar for Friday, January 24th, 2025 at 10:00 AM! I'm pleased to present the sale of 157.4 total acres m/l of Wayne County, Iowa farmland.

The farmland is located 11 miles northeast of Corydon, Iowa on paved County Highway S56. Situated in Section 9 of Wright Township, this high quality combination farm includes 110.91 FSA cropland acres with an average CSR2 soil rating of 49.5. The primary soil types include highly productive Seymour silt loam and Gara loam. The hunting aspect of this farm includes over 40 acres of mature oak and hickory timber providing excellent habitat for whitetail deer and wild turkeys. Farm is leased for the 2025 farming season.

The farm sits just a few short miles from Rathbun Lake with easy access to all the fishing, boating, and golfing that Iowa's second largest lake has to offer. It is the perfect place to build your dream home with paved access, income, and endless recreational opportunities.

This farm is located in a strong farming area with several competing grain markets located nearby.

The tract will be sold using the traditional auction method. The auction will be held at 10:00 a.m. CDT on Friday, January 24th, 2025, at the Wayne County Fair Event Center in Corydon, Iowa. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.

Visit our website for more information regarding this Auction!

Last Agent to Sell the Property

Daran Becker

Peoples Company Listed on: 12/05/2024

Last Buyer's Agent

Daran Becker

Peoples Company Listed on: 12/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,608

Lot Details

  • 157.4 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 040C09300005

Property Details

Property Type

Land

Est. Annual Taxes

$2,608

Lot Details

0

Listing Details

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

Lot Info

  • Acres: 157.4000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 040C09300005
  • Zoning: Ag

Tax Info

  • Gross Taxes: 2608.00
  • Net Taxes: 2608.00

Range of Values:

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Average Value
Not Available
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
07/07/2025 07/07/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $1 -100.0% --
03/07/2025 03/07/25 Sold $881,440 +88143900.0% --
01/29/2025 01/29/25 Pending -- -- --
12/05/2024 12/05/24 For Sale $1 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Bear

    Seller's Agent in 2025

    Doug Bear

    Peoples Company

    (515) 745-3192

    14 Total Sales

    Doug Bear
    Section Image
  • Daran Becker

    Seller's Agent in 2025

    Daran Becker

    Peoples Company

    (515) 961-0247

    152 Total Sales

    Daran Becker
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 708670

Des Moines Area Association of REALTORS®

Iowa Wayne County Russell 50238

00 County Highway S56 Hwy, Russell, IA

This home is located at 00 County Highway S56 Hwy, Russell, IA 50238 and is currently priced at $881,440. 00 County Highway S56 Hwy is a home located in Wayne County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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