NOT LISTED FOR SALE

13640 318th Ct Redfield, IA 50233

Estimated Value: $287,851

40 Acres
$7,196 Price per Acre
1,742,400 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $210,000

Est. 37% increase in value since last sale

Current estimated payment $1,623/month

26 Days on Market

About This Lot

As of December 2020

Here is your opportunity to own Dallas County, Iowa farmland! This property includes 40 acres m/l with 39.93 FSA tillable acres with a CSR2 rating of 55.8. Primary soil types include Wadena loam and Cylinder loam. This land would be a great starting farm for a beginning farmer, add-on to an existing farming operation, or a smart investment for the Buyer looking to diversify their portfolio.

Located on a private road with the scenic Raccoon River nearby, this property offers a great secluded building location opportunity with picturesque views of Dallas County. This property is only forty minutes from the Des Moines Metro and approximately twenty minutes from either De Soto or Adel, Iowa. There is also a well located in the NW corner of the parcel.

Highlights of the area include several grain marketing options located nearby including Flint Hills Ethanol Plant, POET Biorefining Coon Rapids, Louis Dreyfus Company, and a variety of grain elevators offering competitive bidding.

Last Agent to Sell the Property

Matt Adams

Peoples Company Listed on: 08/28/2020

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $642

Lot Details

  • 40 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 1308200003

Property Details

Property Type

Land

Est. Annual Taxes

$642

Lot Details

0

Listing Details

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

Schools

  • School District: West Central Valley

Lot Info

  • Acres: 40.0000
  • Qualifier Acres: More or Less
  • Assessor Parcel Number: 1308200003
  • Zoning: Ag

Tax Info

  • Gross Taxes: 642.00
  • Net Taxes: 642.00

MLS Schools

  • School District: West Central Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 1, 2020
Sold by
Jer2911 Llc
Bought by
Franks Steven
Seller's Agent
Matt Adams
Peoples Company
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$287,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,851
Avg. Annual Appreciation
6.68%
Original Mortgage
$191,848
Outstanding Balance
$172,758
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$111,833

Purchase Details

Closed on
Jun 6, 2007
Sold by
Sharon Bernard W and Sharon Bonnie
Bought by
Heckman Matthew S and Heckman Renee D
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
Franks Steven $210,000 None Available
Heckman Matthew S $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Steven $191,848
Previous Owner Heckman Matthew S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $210,000 -4.5% --
09/23/2020 09/23/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $220,000 -- --
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
2023 $560 $45,500 $45,500 $0
2022 $532 $37,050 $37,050 $0
2021 $532 $37,050 $37,050 $0
2020 $642 $37,050 $37,050 $0
2019 $606 $37,050 $37,050 $0
2018 $606 $49,550 $49,550 $0
2017 $848 $49,550 $49,550 $0
2016 $832 $76,450 $76,450 $0
2015 $870 $83,510 $0 $0
2014 $830 $82,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 612902

Des Moines Area Association of REALTORS®

APN: 13-08-200-003