$605,000
SOLD JUL 15, 2025
77 Acres
$7,908 Price per Acre
3,332,340 Sq Ft Lot

Recently Sold

4% Below List Price

30 Days on Market

About This Lot

As of July 2025

Don’t miss this solid, income-producing asset with long-term upside!! This 76.5-acre Guthrie County farm offering income, potential, and flexibility. With 76.67 farmland acres and 71.56 cropland acres, this rolling tract features quality soils (Sharpsburg, Colo, Shelby, and others) and a CSR2 of 59. Currently leased for 2025, the farm generates $12,000 in cash rent, plus $313.88 from 3.5 CRP acres enrolled through 9/30/25. Total 2025 gross income: $12,313.88. Property taxes are $1,720. Lease opens in 2026, offering income upside. According to Iowa State’s 2024 Cash Rent Survey, Guthrie County averages range from $216–$263/acre for mid quality farms, presenting an opportunity for increased income. The farm was planted to corn in 2024 and has been maintained in a corn/soybean rotation. Lime was applied in 2024. Great fencing on the North & East property lines, over 700 ft of gravel road frontage, and good access make this an attractive addition to any operation or investment portfolio. The current tenant is not offering a buyout for 2025.

Last Agent to Sell the Property

Chris Wearmouth

Kiloterra Listed on: 04/01/2025

Last Buyer's Agent

Chris Wearmouth

Kiloterra Listed on: 04/01/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,785

Lot Details

  • 76.5 Acre Lot
  • Level Lot
  • Property is zoned AG

Outdoor Features

  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 0000387101; 0000387200

Property Details

Property Type

Land

Est. Annual Taxes

$1,785

Lot Details

0

Listing Details

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

Exterior Features

  • Street Feature: Gravel

Utilities

  • Electricity: Street

Schools

  • School District: Adair-Casey

Lot Info

  • Acres: 76.5000
  • Qualifier Acres: More or Less
  • Lot Shape: Regular
  • Lot Type: Flat
  • Assessor Parcel Number: 0000387101; 0000387200
  • Zoning: AG

Tax Info

  • Gross Taxes: 1785.39
  • Net Taxes: 1720.00
  • Tax Year: 2023

MLS Schools

  • School District: Adair-Casey

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
07/15/2025 07/15/25 Sold $605,000 -4.1% --
05/01/2025 05/01/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $631,125 -- --
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: 714474

Des Moines Area Association of REALTORS®