$615,000
SOLD APR 4, 2025

00 Iowa 144 Paton, IA 50217

63 Acres
$9,793 Price per Acre
2,735,568 Sq Ft Lot

Recently Sold

13% Below List Price

146 Days on Market

About This Lot

As of April 2025

Pleased to present an exceptional income-producing farm located just south of Paton, Iowa in Section 29 of Paton Township. This farm is 62.80 net acres m/l consisting of 59.86 FSA cropland acres and a CSR2 of 83.6. Prominent soil types include highly-productive Canisteo clay loam, Webster clay loam, and Nicollet clay loam. There is no Wetland Determination on file for this tract. All 59.86 cropland acres are currently enrolled in the Conservation Reserve Program (CRP) with expiration dates in 2027 and 2033. Upon expiration of the CRP contracts, these acres would be favorable for farming as they include top-producing soil types, or they could be re-enrolled in their respective CRP programs or be used as a building site.

The CRP contract details are listed below:
Contract #11367C: 53.36 Acres enrolled in the Pollinator Habitat Program (Practice CP42) with an annual payment of $16,506 or $309.34 per acre. This contract is set to expire in September of 2027.
Contract #12027A: 6.50 Acres enrolled in the Farmable Wetlands Program (Practice CP27 & CP28) with an annual payment of $1,950 or $300 per acre. This contract is set to expire in September of 2033. *This contract has been in place since 2009.

Access to the farm is from the east side of the property off of Iowa Highway 144. Included on the property is a 52’ x 52’ pole barn that was built in 1959. It is being sold in “as is – where is” condition.

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Last Agent to Sell the Property

Matt Adams

Peoples Company Listed on: 11/05/2024

Last Buyer's Agent

Matt Adams

Peoples Company Listed on: 11/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,427

Lot Details

  • 62.8 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 0429200002

Property Details

Property Type

Land

Est. Annual Taxes

$2,427

Lot Details

0

Listing Details

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

Lot Info

  • Acres: 62.8000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 0429200002
  • Zoning: Ag

Tax Info

  • Gross Taxes: 2427.26
  • Net Taxes: 2427.26

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
04/04/2025 04/04/25 Sold $615,000 -13.0% --
03/31/2025 03/31/25 Pending -- -- --
11/05/2024 11/05/24 For Sale $706,500 -- --
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: 707206

Des Moines Area Association of REALTORS®