247 560th St Marcus, IA 51035
Estimated payment $2,335/month
Total Views
12,517
5
Beds
1
Bath
2,648
Sq Ft
$145
Price per Sq Ft
About This Home
This northwest Iowa acreage is not your typical residence! The home offers 5 bedrooms and 1 bath with a large family room centered around the gas fireplace. 4 bedrooms are upstairs and 1 on the main floor, but could easily convert the large office space into an additional main-floor bedroom. The front door entry has a nice landing area and great closet storage for coats, boots, and many other items. The two-story home has a 2-car attached garage with a large mudroom before you enter the back door, perfect for keeping the dirt outside!
Other property features of the 6.08 surveyed acres include a 20'x36' shop(with heat), a 40'x75' steel machine shed, 2 government grain bins, a silo, a barn, and the newer 50,000-bushel bin built in 2019! Included in the 6 acres in 3 +/- tillable production acres. It’s not often that a primary residence has the ability to produce a notable revenue stream! This property will have the means to generate approximately $8,000 annually from the tillable land and grain storage if the new owner decides to rent both out for a period of time or yearly.
So many excellent features to like about this acreage. There is both rural water and well water. The well has a newer pressure tank also. The furnace was new in 2016. The 1000-gallon propane tank is owned and included with the sale. For a private tour please contact the listing agent, Jordan Petersen at (712) 631-5887. Showings by appointment and qualification only.
Property Features
-2,648 sq. ft. farmhouse
-5 good sized bedrooms
-1 bath on the main floor
-2 car attached garage
-1000-gallon propane tank heats the home
-Smaller 20'x36' shop with heat
-40'x75' steel machine shed
-2019 50,000 bushel grain bin
-3 +/- acres of tillable farmland
-Income potential of $8000 annually (2-2.4% ROI)
-Located 10 miles south of Marcus
-MMCRU School District
-Rural water and well water. (Newer pressure tank)
-Just over 6 surveyed acres
-Annual taxes approximately $2,536
Listing Provided By
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,536
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Additional Features
- Current uses include row crop
- Gas Available
Map
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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 |
|---|---|---|---|---|
| 2024 | $2,536 | $223,190 | $17,720 | $205,470 |
| 2023 | $2,536 | $223,190 | $17,720 | $205,470 |
| 2022 | $2,066 | $162,890 | $14,200 | $148,690 |
| 2021 | $2,066 | $163,850 | $15,160 | $148,690 |
| 2020 | $1,702 | $162,810 | $14,900 | $147,910 |
| 2019 | $1,740 | $167,630 | $0 | $0 |
| 2018 | $892 | $93,429 | $0 | $0 |
| 2017 | $892 | $104,315 | $0 | $0 |
| 2016 | $942 | $104,315 | $0 | $0 |
| 2015 | $1,066 | $109,561 | $0 | $0 |
| 2014 | $1,020 | $109,561 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | For Sale | $384,000 | 0.0% | $145 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | For Sale | $384,000 | -- | $145 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,000 | Unknown |
Source: Public Records
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