L
Seller's Agent in 2014
Lawrence Watts
Madison County Realty
197
Acres
$2,850
Price per Acre
8,581,320
Sq Ft Lot
About This Lot
As of April 2014197 Acre m/l combination farm with 87.7 acres of cropland with 60.6 in CRP paying $141.04 per acre. The balance of the cropland is in hay. There is approximately 26 acres of timber draws with the balance being in pasture. The CRP contracts expire Sept. 30th, 2019. The buyers are to continue with CRP contract. The pasture and hay ground is subject to tenants rights. The farm has two ponds, and would make a nice add on property or investment property with income potential with lots of recreation possibilities for deer and turkey hunting. The farm is located in NE Madison County with in 20 min. of West Des Moines. The Home site has been surveyed off and will not be sold with the land.
Last Agent to Sell the Property
Lawrence Watts
Madison County Realty Listed on: 06/26/2013
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,704
Lot Details
- 197 Acre Lot
- Property is zoned Ag
Outdoor Features
- Electricity Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2013
Closed on
Apr 7, 2014
Sold by
Pulse Howard L and Pulse Joann C
Bought by
Felten Kenneth L and Felten Evelyn A
Seller's Agent
Lawrence Watts
Madison County Realty
Buyer's Agent
Lawrence Watts
Madison County Realty
List Price
$199,900
Sold Price
$148,000
Premium/Discount to List
-$51,900
-25.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,773
Avg. Annual Appreciation
10.93%
Original Mortgage
$170,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $148,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,000 | New Conventional | |
| Closed | $170,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2014 04/16/14 | Sold | $148,000 | -73.6% | $84 / Sq Ft |
| 03/17/2014 03/17/14 | Pending | -- | -- | -- |
| 10/01/2013 10/01/13 | Sold | $561,450 | +180.9% | -- |
| 10/01/2013 10/01/13 | Pending | -- | -- | -- |
| 08/05/2013 08/05/13 | For Sale | $199,900 | -70.2% | $114 / Sq Ft |
| 06/26/2013 06/26/13 | For Sale | $669,800 | -- | -- |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,704 | $203,800 | $2,200 | $201,600 |
| 2023 | $2,362 | $203,800 | $2,200 | $201,600 |
| 2022 | $2,300 | $149,100 | $1,600 | $147,500 |
| 2021 | $2,300 | $149,100 | $1,600 | $147,500 |
| 2020 | $2,244 | $135,800 | $1,800 | $134,000 |
| 2019 | $2,082 | $124,300 | $0 | $0 |
| 2018 | $2,040 | $124,300 | $0 | $0 |
| 2017 | $1,912 | $115,700 | $0 | $0 |
| 2016 | $1,239 | $146,400 | $0 | $0 |
| 2015 | $977 | $132,200 | $0 | $0 |
| 2014 | $977 | $91,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2014
Larry Corkrean
Madison County Realty
(515) 979-8086
39 Total Sales
-
B
Buyer's Agent in 2013
Bradley VanWeelden
Peoples Company
(515) 745-4079
6 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 420563
APN: 450-08-14-22010000
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