$575,000

18002 240th St Adel, IA 50003

Estimated payment $3,406/month

4.75 Acres
$121,053 Price per Acre
206,910 Sq Ft Lot

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • ADM Middle School Rated A-
  • Farmhouse Style Home
  • Shades

About This Lot

Rare opportunity in Adel with a fully equipped, turnkey shop setup. The 36 x 62 insulated and climate controlled shop features concrete floors, heat, A/C, restroom, and an installed 9,000 lb lift with air compressor, making it ideal for mechanics, contractors, or hobbyists. A 45 x 80 outbuilding adds excellent space for equipment, trailers, RVs, or storage. Nearly 6,000 sq ft of total outbuilding space offers rare versatility. The home includes over 2,200 sq ft with 4 bedrooms and 2 bathrooms, combining farmhouse character with updates such as newer mechanicals and most windows replaced, plus a wood stove for supplemental heat. Main level living with additional bedrooms upstairs. 4.75 acres on pavement with an oversized 2 car attached garage. A great opportunity for buyers needing space, function, and a high quality shop setup.

Listing Agent

Andrew Mays

Century 21 Signature Listed on: 03/26/2026

Century 21 Signature

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1910

Lot Details

  • 4.75 Acre Lot

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Shades
  • Family Room
  • Dining Area
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Rural Water
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1005200006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$4,009

Year Built

Built in 1910

Lot Details

4.75 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreage
  • Style: 1.5 Story
  • Architecture: Farmhouse
  • Lp Amt Sq Ft: 261.36
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Fireplace: Direct Vent Gas
  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Shades/Shutters
  • Total Bathrooms: 2.00
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 2
  • Basement Description: Unfinished
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2200
  • Total Sq Ft: 2200

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 624
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural, Well
  • Air Conditioner: Central
  • Heat: Gas Forced Air, Propane

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 4.7500
  • Lot Shape: Regular
  • Assessor Parcel Number: 1005200006
  • Zoning: R

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4009.25
  • Net Taxes: 3884.00
  • Tax Year: 2024

MLS Schools

  • School District: Adel-Desoto-Minburn

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,884 $373,530 $107,000 $266,530
2024 $3,938 $336,530 $90,950 $245,580
2023 $3,938 $336,530 $90,950 $245,580
2022 $3,748 $302,560 $80,000 $222,560
2021 $3,748 $287,370 $80,000 $207,370
2020 $3,614 $265,980 $80,000 $185,980
2019 $3,674 $255,980 $70,000 $185,980
2018 $3,674 $247,880 $66,500 $181,380
2017 $3,598 $247,880 $66,500 $181,380
2016 $3,538 $234,030 $66,500 $167,530
2015 $3,016 $202,110 $0 $0
2014 $2,882 $202,110 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 For Sale $575,000 -- $261 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Fiduciary Deed -- None Listed On Document
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 737001

Des Moines Area Association of REALTORS®

APN: 10-05-200-006

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