NOT LISTED FOR SALE

Estimated Value: $518,750

74.38 Acres
$6,974 Price per Acre
3,239,993 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $500,000

Est. 4% increase in value since last sale

Current estimated payment $2,867/month

111 Days on Market

About This Lot

As of March 2024

This property truly checks all the boxes you could hope for. Situated on 74.38 sprawling acres m/l, it boasts an ideal location, impressive income potential, a tranquil pond, excellent hunting opportunities, and the added convenience of an insulated shop. Plus, you'll find not one, but two additional machine sheds to meet your storage needs, all while enjoying the amazing views of the surrounding countryside.

Nestled just 3/4 of a mile south of Sandyville, Iowa, on 220th Avenue, this farm comprises 66.02 acres classified as FSA tillable land. Currently, approximately 56.37 acres are dedicated to crop production, while the remaining 10 acres are dedicated to grass and hay. The cultivated acres boast a CSR2 rating of 52.5 and have been meticulously tiled and terraced to ensure optimal farming conditions.

Moreover, the property includes a well-insulated 24 x 40 shop, a spacious 30 x 72 Morton building, a sizable 36 x 54 machine shed, a grain dryer bin, a grain storage bin, and several converted grain bins that serve as additional storage. You'll appreciate the convenience of a 200-amp service to the shop, camper hookups, and a well water source at the hydrant. Additionally, rural water is readily available at the roadside for your convenience.

Improvements
54ft x 36ft Morton building
24x40ft shop
30ft x 72ft metal building
5 Smaller Grain Bins - 2 used for grain storage, 3 primarily used for miscellaneous storage.

Last Agent to Sell the Property

Daran Becker

Peoples Company Listed on: 09/29/2023

Last Buyer's Agent

Daran Becker

Peoples Company Listed on: 09/29/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,272

Lot Details

  • 74.38 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 25000280287

Property Details

Property Type

Land

Est. Annual Taxes

$1,272

Lot Details

0

Listing Details

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

Schools

  • School District: Indianola

Lot Info

  • Acres: 74.3800
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 25000280287
  • Zoning: Ag

Tax Info

  • Gross Taxes: 1272.00
  • Net Taxes: 1272.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Nichols Michael and Nichols Desiree
Bought by
Robert J Beck And Phyllis E Beck Revocable Tr
Current Estimated Value
$518,750

Purchase Details

Listed on
Sep 29, 2023
Closed on
Mar 29, 2024
Sold by
Oakley James E
Bought by
Nichols Michael
Seller's Agent
Daran Becker
Peoples Company
Buyer's Agent
Daran Becker
Peoples Company
List Price
$612,500
Sold Price
$500,000
Premium/Discount to List
-$112,500
-18.37%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
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
Robert J Beck And Phyllis E Beck Revocable Tr $600,000 None Listed On Document
Nichols Michael $500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $500,000 -18.4% --
01/18/2024 01/18/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $612,500 -- --
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 $554 $36,200 $22,800 $13,400
2023 $508 $27,200 $22,800 $4,400
2022 $490 $20,300 $17,700 $2,600
2021 $540 $21,900 $19,300 $2,600
2020 $540 $22,900 $20,100 $2,800
2019 $488 $22,900 $20,100 $2,800
2018 $492 $0 $0 $0
2017 $496 $0 $0 $0
2016 $482 $35,200 $0 $0
2015 $482 $0 $0 $0
2014 $464 $32,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 682890

Des Moines Area Association of REALTORS®

APN: 25000280287