NOT LISTED FOR SALE

1550 Velvet Ave Lorimor, IA 50149

120 Acres
-- Price per Acre
5,227,200 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $810,000 $560 Per Sq Ft

23 Days on Market

About This Lot

As of March 2023

Here is your chance to own a beautiful Southern Iowa farm with endless opportunities and possibilities. Located just south of Lorimor, off highway 169 lies this excellent 120+/- acre combination farm with farmhouse. The 3 bedroom 1 bath home features 1446sf of total livable area complete with office, large open living room, and remodeled kitchen. The spacious 30x50 steel building has concrete floors, water, and electric including 110v/220v. The crop acres have been in a nice stand of alfalfa for the past few years and have been approved for a future crp contract should a new owner choose so. A gorgeous 3 acre stocked pond provides endless hours of fishing, swimming, and canoeing. The property is loaded with wildlife and the “Back 40” has been a sanctuary for deer the past few years. The timber is a mix of soft and hardwoods and has a nice creek running through it.Along with a healthy population of deer, pheasants and quail are also present on the property. With large surrounding landowners and ag fields, this farm has the attributes and potential to be a top end hunting property. There are 51.15 fsa tillable acres, 28+/- acres pasture, and 40+/- acres of timber. This property not only would be a dynamite hunting property, it also fits the bill as a beautiful property to raise a family, start a farming operation, or have as a recreational weekend retreat.

Last Agent to Sell the Property

Sean Stewart

Midwest Land Group LLC Listed on: 10/17/2022

Midwest Land Group LLC

Last Buyer's Agent

Sean Stewart

Midwest Land Group LLC Listed on: 10/17/2022

Midwest Land Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,626

Lot Details

  • 120 Acre Lot
  • Property is zoned AG/DW

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0434100005,0434300001,0434300004,0434300005

Property Details

Property Type

Land

Est. Annual Taxes

$1,626

Lot Details

0

Listing Details

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

Utilities

  • Sewer: Septic
  • Water: Rural

Schools

  • School District: East Union

Lot Info

  • Acres: 120.0000
  • Assessor Parcel Number: 0434100005,0434300001,0434300004,0434300005
  • Zoning: AG/DW

Tax Info

  • Gross Taxes: 1626.00
  • Net Taxes: 1626.00

MLS Schools

  • School District: East Union

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

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $810,000 0.0% $560 / Sq Ft
03/20/2023 03/20/23 Sold $810,000 -7.8% $560 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/09/2022 11/09/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $879,000 0.0% $608 / Sq Ft
09/27/2022 09/27/22 For Sale $879,000 -- $608 / Sq Ft
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: 662155

Des Moines Area Association of REALTORS®