$784,500
$72K PRICE DROP

1066 S56 Hwy Russell, IA 50238

Estimated payment $4,418/month

Total Views 4,492
86 Acres
$9,162 Price per Acre
3,730,043 Sq Ft Lot

About This Lot

Income-Producing Recreational Tract with Barndominium - Pleased to present this 85.63-surveyed-acre, income-producing, premier recreational tract with barndominium in northeast Wayne County, Iowa. Located adjacent to paved County Highway S56, this 38' x 48' barndominium with lean-to, originally built in 2017, was recently completed inside and includes 3 bedrooms and 2 bathrooms. This newly completed residence is sure to be the envy of true Southern Iowa living!

The residence includes an immaculate kitchen equipped with all brand new Maytag appliances, including a stainless steel electric glass-top stove and oven, stainless steel dishwasher, 36" wide stainless steel french door refrigerator, and all new cabinetry with Bertch soft-close drawers. There is also a living room and bathroom on the main level, which includes a brand new top-load Criterion washing machine, front load Criterion clothes dryer, vanity, Delta toilet, and walk-in shower. The barndominium is equipped with an Amana central heating and cooling system, 40-gallon water heater, and a brand new septic tank and leach field, located to the north of the building, which was completed during summer 2024.

Visit our website for more information regarding this unique property.

Listing Agent

Doug Bear

Peoples Company Listed on: 01/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,464

Lot Details

  • 85.63 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 040C04300005

Property Details

Property Type

Land

Est. Annual Taxes

$1,464

Lot Details

0

Listing Details

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

Schools

  • School District: Wayne Community

Lot Info

  • Acres: 85.6300
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 040C04300005
  • Zoning: Ag

Tax Info

  • Gross Taxes: 1464.00
  • Net Taxes: 1464.00

MLS Schools

  • School District: Wayne Community

Map

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
07/23/2025 07/23/25 Price Changed $784,500 -8.4% --
01/22/2025 01/22/25 For Sale $856,300 -- --
Source: Des Moines Area Association of REALTORS®

Similar Property in Russell, IA

  • 1066 County Road S56, Russell, IA 50238

    $856,300

    • Land
    • 86 Acres
    • $10,000 per Acre
    • 1066 County Road S56
    • Russell, IA

    Income-Producing Recreational Tract with Barndominium - Peoples Company is pleased to present this 85.63-surveyed-acre, income-producing, premier recreational tract with barndominium in northeast Wayne County, Iowa. Located adjacent to paved County Highway S56, this 38' x 48' barndominium with lean-to, originally built in 2017, was recently completed inside and includes 3 bedrooms and 2

    Doug Bear Peoples Company

    Section Image
See All Homes in Russell

Source: Des Moines Area Association of REALTORS®

MLS Number: 710616

Des Moines Area Association of REALTORS®

Iowa Wayne County Russell 50238

1066 S56 Hwy, Russell, IA

This home is located at 1066 S56 Hwy, Russell, IA 50238 and is currently priced at $784,500. 1066 S56 Hwy is a home located in Wayne County with nearby schools including Columbus Elementary School, Van Allen Elementary School, and Chariton 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.

Nearby Homes
Doug Bear
Listing Agent
Doug Bear
Section Image
Peoples Company
(641) 347-3198