23852 25th Ave New Virginia, IA 50210
Warren County NeighborhoodEstimated payment $0/month
About This Lot
New Virginia, Iowa | 120.79-Acre Farmland & Acreage Auction
Mark your calendars for Friday, October 3, 2025, at 10:00 AM! Peoples Company is honored to represent the Walters Family Revocable Trust in the sale of 120.79 acres m/l and farmhouse just west of New Virginia, Iowa at the intersection of Highway G76 and 25th Avenue. The farm will be offered in three individual tracts, consisting of two bare land tracts featuring highway frontage, building sites, CRP, timber, and FSA cropland acres as well as a very well kept farmhouse on 10 acres with a great machine shed.
Tract 3 consists of 10 acres m/l (surveyed 9/2/25) with a charming farmhouse and an excellent shop. The farmhouse, built in 1875, is a well-maintained 1.5-story home featuring 3 bedrooms, 1 bathroom, a spacious open living room and kitchen, a main-floor primary bedroom with laundry, a covered porch, and more. Despite its age, the home has seen numerous updates and has been exceptionally cared for through decades of ownership.
The property includes an estimated 8.03 FSA cropland acres, with 2.64 acres enrolled in CRP, generating an annual payment of $661.79 and carrying a CSR2 value of 74.3. The balance offers grassland and open space with fencing, ideal for livestock. A 50’ x 72’ post-frame building in excellent condition provides ample storage for equipment, tools, or recreational items.
Property Details
Property Type
- Land
Lot Details
- 10 Acre Lot
- Property is zoned Ag
Listing and Financial Details
- Assessor Parcel Number Part of 27000290680
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,890 | $153,600 | $48,200 | $105,400 |
| 2024 | $1,978 | $156,700 | $34,300 | $122,400 |
| 2023 | $1,740 | $156,700 | $34,300 | $122,400 |
| 2022 | $1,716 | $107,400 | $26,600 | $80,800 |
| 2021 | $1,768 | $109,800 | $29,000 | $80,800 |
| 2020 | $1,768 | $105,300 | $30,200 | $75,100 |
| 2019 | $1,590 | $105,300 | $30,200 | $75,100 |
| 2018 | $1,570 | $67,100 | $0 | $0 |
| 2017 | $1,570 | $67,100 | $0 | $0 |
| 2016 | $1,428 | $108,800 | $0 | $0 |
| 2015 | $1,428 | $61,300 | $0 | $0 |
| 2014 | $1,428 | $106,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $1 | -- | -- |
Source: Des Moines Area Association of REALTORS®
MLS Number: 725541
APN: 27000290680
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