$5,720,000
SOLD NOV 21, 2024

1872 260th St Corning, IA 50841

855 Acres
$6,689 Price per Acre
37,248,160 Sq Ft Lot

Recently Sold

571,999,900% Above List Price

49 Days on Market

About This Lot

As of November 2024

We are honored to present the Phyllis Ann Steadman Trust Farm located in central Adams County, Iowa. The farm will consist of an eight-tract offering at a live public auction on October 15th, 2024 at 1:00 PM at the Corning Opera House in Corning, Iowa. Most of the farm is located just 5 miles south of Corning and has a well-maintained open pasture/grass farm located just northeast of Lake Icaria watershed region. What a great opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres in prime central Adams County where quality farmland does not come available to the public often! Grain selling opportunities are offered in town at the Poet Ethanol plant along with other surrounding towns. The farm is leased for the 2024 farm season, the farm will be an open lease for the 2025 crop year. Opportunities like this are not offered often in southwestern Iowa… Here is your chance to buy a large tract of land right in the middle of farm country! We look forward to seeing you on sale day!

Last Agent to Sell the Property

Luke Skinner

Iowa Land Company License #*** Listed on: 08/27/2024

Last Buyer's Agent

Luke Skinner

Iowa Land Company License #*** Listed on: 08/27/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 20, 2024
Sold by
Steadman Phyllis A L and Steadman Tr
Bought by
Shuler John
Seller's Agent
Luke Skinner
Iowa Land Company
Buyer's Agent
Luke Skinner
Iowa Land Company
List Price
$1
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
442750302107.00%

Purchase Details

Closed on
Oct 30, 1998
Bought by
Steadman
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 Type Sale Price Title Company
Deed $267,000 --
Grant Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $5,720,000 +571999900.0% --
10/15/2024 10/15/24 Pending -- -- --
10/15/2024 10/15/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $1 0.0% $0 / Sq Ft
08/27/2024 08/27/24 For Sale $1 -- --
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
2024 $3,826 $283,500 $64,700 $218,800
2023 $3,826 $283,500 $64,700 $218,800
2022 $3,284 $224,900 $50,300 $174,600
2021 $3,286 $192,200 $54,100 $138,100
2020 $3,370 $192,200 $54,100 $138,100
2019 $3,370 $217,834 $0 $0
2018 $3,250 $217,834 $0 $0
2017 $3,442 $246,378 $0 $0
2016 $3,226 $246,378 $0 $0
2015 $2,916 $227,903 $0 $0
2014 $2,680 $227,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6320702

NoCoast MLS

APN: 000000000641100080