$1,113,163
SOLD NOV 8, 2024

2275 120th St Lu Verne, IA 50560

-- Bed
-- Bath
-- Sq Ft
100 Acres

Recently Sold

111,316,200% Above List Price

65 Days on Market

About This Home

As of November 2024

This is an excellent opportunity to secure a unique “Inside 100” farm! An “Inside 100” means that the farm only has a road on one short side, and it is a total of 100 acres in size (98.51± taxable acres). The east half of the farm even has rows that are ¾ of a mile long – making it very efficient to farm! This parcel consists of prime farmland in the heart of Iowa’s corn and soybean production area in north central Iowa just northeast of Lu Verne. Corn produced on this farmland can be hauled just a few short miles to the NEW Cooperative location in Lu Verne, or take the hard-surface road a few more miles in the other direction to the ethanol facility in Goldfield where it can be sold for a premium price. Other local grain delivery points and agricultural supply retailers are nearby to receive grain efficiently and provide quick access to agricultural equipment and crop supplies. Method of Sale: Live and online auction on Thursday, September 12th, 2024, at 3:00 PM at the Lu Verne Community Center, 8 Dewitt Street, Lu Verne, Iowa, 50560. For online bidding, follow the link at www.sundermanfarm.com and REGISTER AND REQUEST TO BID AT LEAST 48 HOURS PRIOR TO THE START TIME. The farm will be sold as a single unit of 98.51 acres multiplied by the price per acre. All prospective bidders must register and receive a bidder number in order to bid at the auction.

Last Agent to Sell the Property

Brent Larson

Sunderman Farm Mgt. Co. Listed on: 07/14/2024

Last Buyer's Agent

Brent Larson

Sunderman Farm Mgt. Co. Listed on: 07/14/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,927

Lot Details

  • 100 Acre Lot
  • Property is zoned Agriculture

Home Design

  • Farm

Property Details

Property Type

Other

Est. Annual Taxes

$2,927

Lot Details

0

Listing Details

  • Legal Description: E1/2 SE1/4, and E1/2 SE1/4 NE1/4, Section 22-T94N-R27W of the 5th PM, Lu Verne Township, Kossuth County, Iowa. Exact legal description will come from the abstract of title.
  • House Or Land: Land Only
  • OFFICELIST_ADDRESS: 2275 120th Street
  • Distribute To Internet: Yes
  • List Office I D: 25
  • Sales Office I D: 25
  • Selling Agent: 4800
  • Building Style: Other
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area Units: Square Feet
  • Fireplace: No

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 100
  • Geo Update Timestamp: 2024-08-29
  • Assessment Pending: No
  • Lot Dimensions: 100 Gross acres. 98.51 Taxable acres.
  • Lot Size Sq Ft: 4356000
  • Lot Size Units: Acres
  • Zoning: Agriculture

Tax Info

  • Tax Year: 2024
  • Gross Taxes: 2927
  • Net Taxes: 2874

Range of Values:

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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
11/08/2024 11/08/24 Sold $1,113,163 +111316200.0% --
09/17/2024 09/17/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $1 -- --
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6320770

NoCoast MLS