NOT LISTED FOR SALE

00 NE 72nd St Bondurant, IA 50035

Estimated Value: $773,000

79 Acres
$9,847 Price per Acre
3,419,460 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $1,593,550

Current estimated payment $4,556/month

42 Days on Market

About This Lot

As of December 2022

Polk County, IA Land Auction – Mark your calendar for Wednesday, October 26th, 2022 at 10:00 AM! We are pleased to be representing the Korn family in the sale of 78.50 taxable acres m/l located directly N of Bondurant, IA in NE Polk County, IA. Conveniently located within the growing DM Metro area, farmland of this caliber and location does not come to open market very often. This high-quality farmland tract would make a great addition to an existing farming operation, an investment-grade quality land purchase, or a long-term investment as eastern Polk County continually develops. From 2017 to present, there have been over 750 single-family and townhome building permits issued within Bondurant, Iowa, and over $360 million from 38 commercial and industrial permits over the last five years. Currently, there is a 4" water line located on the east side of NE 72nd Street available through Des Moines Water Works.

Located along the west side of paved NE 72nd Street, this nearly 100% tillable tract includes 78 FSA cropland acres carrying a CSR2 of 86.1 with the primary soil types of Canisteo clay loam and Clarion loam. The farmland acres are designated as NHEL (Non-Highly Erodible Land). The farm is available for the 2023 cropping season and has been operated by a long-term reputable local farm tenant for over 40 years. e been made available.

Visit our website for more information regarding this Auction!

Last Agent to Sell the Property

Doug Bear

Peoples Company Listed on: 09/14/2022

Co-Listed By

Matt Adams

Peoples Company

Last Buyer's Agent

Matt Adams

Peoples Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,876

Lot Details

  • 78.5 Acre Lot
  • Property is zoned Ag

Outdoor Features

  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 802312200002

Property Details

Property Type

Land

Est. Annual Taxes

$2,876

Lot Details

0

Listing Details

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

Exterior Features

  • Street Feature: Asphalt, Concrete

Utilities

  • Electricity: Street

Schools

  • School District: Bondurant-Farrar

Lot Info

  • Acres: 78.5000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 802312200002
  • Zoning: Ag

Tax Info

  • Gross Taxes: 2876.00
  • Net Taxes: 2876.00

MLS Schools

  • School District: Bondurant-Farrar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 3, 2022
Sold by
Korn Rita Ellen and Korn Randall O
Bought by
Dra Properties Lc
Seller's Agent
Doug Bear
Peoples Company
Buyer's Agent
Matt Adams
Peoples Company
List Price
$1
Sold Price
$1,593,550
Premium/Discount to List
$1,593,549
159354900%
Views
19
Current Estimated Value
$773,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$820,550
Avg. Annual Appreciation
-24.78%
Original Mortgage
$1,035,807
Outstanding Balance
$1,010,444
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
-$237,444

Purchase Details

Closed on
May 25, 2018
Sold by
Korn Randall O
Bought by
Korn Rita Ellen

Purchase Details

Closed on
Jan 30, 2004
Sold by
Krug Joyce A and Krug James L
Bought by
Pettiecord Jeff and Pettiecord Rita
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Dra Properties Lc $1,594,000 --
Korn Rita Ellen -- None Available
Pettiecord Jeff $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dra Properties Lc $1,035,807
Previous Owner Korn Randall Olen $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $1,593,550 +159354900.0% --
10/26/2022 10/26/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $1 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,992 $130,160 $130,160 $0
2023 $2,964 $130,160 $130,160 $0
2022 $2,876 $99,690 $99,690 $0
2021 $2,802 $99,690 $99,690 $0
2020 $2,768 $97,460 $97,460 $0
2019 $2,510 $97,460 $97,460 $0
2018 $2,456 $128,860 $128,860 $0
2017 $2,168 $128,860 $128,860 $0
2016 $2,102 $130,850 $130,850 $0
2015 $2,102 $130,850 $130,850 $0
2014 $2,054 $132,810 $132,810 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Bear

    Seller's Agent in 2022

    Doug Bear

    Peoples Company

    (515) 745-3192

    12 Total Sales

    Doug Bear
    Section Image
  • Matt Adams

    Seller Co-Listing Agent in 2022

    Matt Adams

    Peoples Company

    (515) 745-3192

    151 Total Sales

    Matt Adams
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 660109

Des Moines Area Association of REALTORS®

APN: 200-00168000000

Iowa Polk County Bondurant 50035

00 NE 72nd St, Bondurant, IA

This home is located at 00 NE 72nd St, Bondurant, IA 50035 since 14 September 2022 and is currently estimated at $773,000. 00 NE 72nd St is a home located in Polk County with nearby schools including Anderson Elementary School, Morris Elementary School, and Bondurant - Farrar Middle School.

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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