NOT LISTED FOR SALE

1881 265th Ave Fort Madison, IA 52627

Estimated Value: $235,000

5.5 Acres
$42,727 Price per Acre
239,580 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $80,000

Est. 194% increase in value since last sale

Current estimated payment $1,421/month

3 Days on Market

About This Lot

As of September 2023

5.5 ACRES WITH A 30x40 METAL BUILDING! This 5.5 acres has a 30 x 40 Metal Shop with 2 overhead electric garage doors, walkthrough door and electrical ran through it. There is also a small metal storage building with an open back end. There is underground electricity to the buildings and Rathbun water ran to the property but does not have it's own pit. It is currently ran from the house across the street but not turned on. Buyer just needs to call Rathbun to get there own water source. This would be a great place to builder your new home, use to hunt or home your horses or livestock, the entire property is fenced.

Last Agent to Sell the Property

Lisa Johnson

Weichert Realtors-The Massimo Group Listed on: 08/07/2023

Last Buyer's Agent

Lisa Johnson

Weichert Realtors-The Massimo Group Listed on: 08/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,744

Lot Details

  • 5.5

Additional Features

  • 5.5 Acre Lot
  • Pasture

Property Details

Property Type

Land

Est. Annual Taxes

$1,744

Lot Details

0

Listing Details

  • Property Sub Type: Acreage, Pasture and Timber, Recreational
  • Legal Description: IRR TRACT S MID PT N1/2 S1/2 SE 14 68 5 5.96A
  • Municipality: Fort Madison
  • OFFICELIST_ADDRESS: 1881 265Th Avenue
  • Distribute To Internet: Yes
  • List Office I D: 778
  • Sales Office I D: 778
  • Street Designation: Avenue
  • Building Style: Lots & Land
  • Sellling Agent: 4718
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Price Per S Q F T: 14545.45

Utilities

  • On Site Utilities: Electric, City Water

Fee Information

  • Tax Class: LOTS & LAND

Lot Info

  • Acres: 5.5
  • Geo Update Timestamp: 2023-08-07
  • Total Assessed Value: 196900
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Size Sq Ft: 239580
  • Lot Size Units: Acres
  • Plat Recorded: Yes

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 1744

MLS Schools

  • School District: 2322 - Fort Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Chipman Gary L
Bought by
Fullenkamp Luke C
Current Estimated Value
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$56,288
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2023
Sold by
Chipman Gary L
Bought by
Osborne Theodore L and Osborne Marie Louredes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,320
Outstanding Balance
$104,249
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Fullenkamp Luke C $150,500 None Listed On Document
Osborne Theodore L $51,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Link Celsey M $60,000
Open Fullenkamp Luke C $148,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $80,000 0.0% --
08/10/2023 08/10/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $80,000 -- --
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
2023 $2,032 $196,900 $26,680 $170,220
2022 $1,744 $141,640 $21,800 $119,840
2021 $1,744 $141,640 $21,800 $119,840
2020 $1,918 $144,810 $23,110 $121,700
2019 $1,858 $144,810 $23,110 $121,700
2018 $1,926 $136,610 $0 $0
2017 $1,926 $129,660 $0 $0
2016 $1,742 $129,660 $0 $0
2015 $1,742 $125,860 $0 $0
2014 $1,718 $125,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Johnson

    Seller's Agent in 2023

    Lisa Johnson

    Weichert Realtors-The Massimo Group

    (319) 795-4001

    184 Total Sales

    Lisa Johnson
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Map

Source: NoCoast MLS

MLS Number: NOC6310331

NoCoast MLS

APN: 02-31-08-14-400-0120

Iowa Lee County Fort Madison 52627

1881 265th Ave, Fort Madison, IA

This home is located at 1881 265th Ave, Fort Madison, IA 52627 since 07 August 2023 and is currently priced at $235,000. 1881 265th Ave is a home located in Lee County with nearby schools including Fort Madison High School, Holy Trinity Catholic Elementary, and Holy Trinity Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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