$141,300
SOLD OCT 2, 2025

1260 240th St Waverly, IA 50677

2.68 Acres
$52,724 Price per Acre
116,741 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

14,129,900% Above List Price

62 Days on Market

About This Lot

As of October 2025

Online Auction August 9th, 2025. 2.68 acres located just outside Waverly, Iowa, only 1.5 miles west of Walmart. This versatile property offers a fantastic opportunity for those seeking rural tranquility with convenient access to town amenities. Future development plans include paving the road, enhancing accessibility and value. Double Garage:** A spacious, steel-sided double garage provides ample storage or workshop space—perfect for hobbyists or equipment storage. Barn:** In good condition with a sturdy steel roof, the barn is ideal for livestock, equipment, or additional storage needs. House:** The existing residence is in rough condition and is being sold as-is. Buyers interested in retaining the home will be responsible for updating the septic system and any necessary repairs. Utilities:** Rural water service is available on the road in front of the property, and natural gas is already to the house, offering convenient utility connections. Please note, the property will be sold as-is in its current condition. The only item to be removed prior to closing is the excavator pictured in the photos. There is cement buried in the nw corner of the acreage. Bidding open now till August 9th at noon through legacybidder.com. There is a 5% buyers premium added to the buyers final bid price. 10% earnest money due day of the auction. Closing will take place approximately 30 days after the auction.

Last Agent to Sell the Property

Jordon Hansen

Midwest Property Connections, LLC License #*** Listed on: 07/09/2025

Last Buyer's Agent

Jordon Hansen

Midwest Property Connections, LLC License #*** Listed on: 07/09/2025

Property Details

Property Type

  • Land

Year Built

  • Built in 1890

Parking

  • 2

Interior Spaces

  • Fireplace

Utilities

  • Forced Air Heating System
  • Private Sewer

Property Details

Property Type

Land

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Unimproved Land
  • Year Built: 1890
  • Property Type: Residential
  • Co List Office Mls Id: NOC15116
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Other
  • Fireplace: Yes
  • Half Bathrooms: 1
  • Fireplaces: 1

Exterior Features

  • Construction Type: Other, Wood Siding

Garage/Parking

  • Parking Features: Detached Garage, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Name: HRTI

Lot Info

  • Lot Dimensions: 354 ft x 330 ft
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Sep 27, 2025
Sold by
Kramer Wendall and Kramer Jean
Bought by
Nicklaus Bernard H and Goebel Barbara Ann
Seller's Agent
Jordon Hansen
Midwest Property Connections, LLC
Buyer's Agent
Jordon Hansen
Midwest Property Connections, LLC
List Price
$1
Sold Price
$141,300
Premium/Discount to List
$141,299
14129900%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$155,000
Outstanding Balance
$154,687
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$10,985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $148,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Sold $141,300 +14129900.0% $158 / Sq Ft
09/09/2025 09/09/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $1 -- $0 / Sq Ft
Source: NoCoast MLS

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
2025 $1,410 $69,400 $36,680 $32,720
2024 $1,410 $102,980 $29,600 $73,380
2023 $1,072 $85,910 $29,600 $56,310
2022 $1,072 $68,000 $23,820 $44,180
2021 $1,108 $68,000 $23,820 $44,180
2020 $1,108 $71,360 $22,670 $48,690
2019 $1,032 $79,280 $0 $0
2018 $1,006 $79,280 $0 $0
2017 $1,186 $90,860 $0 $0
2016 $1,186 $90,860 $0 $0
2015 $1,186 $90,620 $0 $0
2014 $1,192 $90,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6329533

NoCoast MLS

APN: 09-16-200-001