NOT LISTED FOR SALE

2493 Mining Blvd Otho, IA 50569

120.59 Acres
-- Price per Acre
5,252,900 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $1,896,000

80 Days on Market

About This Lot

As of April 2023

OUTSTANDING high-quality farm! See www.sundermanfarm.com for all the details. Public auction will be both live and online at 10am March 17, 2023. The live in-person auction will be held at the Otho Community Center, 220 Rake St, Otho, Iowa, 50569. This farm has experienced outstanding yields! Last year the corn on Tract 1 yielded 229 bushels per acre, and the soybean yield on Tract 2 was 62 bushels per acre. This is 120.59± acres of prime farmland in Webster County—the heart of Iowa’s corn and ethanol production area. This high-producing farmland is a great opportunity for an investor or an individual farmer to acquire a reliable stream of income. This farmland is located in a prime location with logistical outlets to New Cooperative in Otho as well as a number of other grain buyers within 10 miles. The farm has top-notch soil quality with CSR2 of 87.5 on Tract 1 and CSR2 of 81.2 on Tract 2!

Last Agent to Sell the Property

Brent Larson

Sunderman Farm Mgt. Co. Listed on: 12/27/2022

Last Buyer's Agent

Brent Larson

Sunderman Farm Mgt. Co. Listed on: 12/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,363

Lot Details

  • 120.59 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,363

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Legal Description: Approx. Legal Description: Survey has been completed on Tract 1. Tract 2 is the E ½ of the SE ¼ with a 75’ x 100’ Northern Natural Gas site excluded and some road exclusion in Sec 18-88-28, Otho Twp
  • Municipality: Otho
  • Section Number: 18
  • OFFICELIST_ADDRESS: 2493 Mining Boulevard
  • Distribute To Internet: Yes
  • LANDLEASE: No
  • List Office I D: 25
  • Sales Office I D: 25
  • Street Designation: Boulevard
  • Building Style: Lots & Land
  • Sellling Agent: 4800
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Price Per S Q F T: 15722.7

Fee Information

  • Tax Class: LOTS & LAND

Lot Info

  • Acres: 120.59
  • Geo Update Timestamp: 2023-02-24
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Size Sq Ft: 5252900.4
  • Lot Size Units: Acres
  • Tillable Acres: 118
  • Plat Recorded: No
  • Total Lots Available: 2

Tax Info

  • Tax Year: 2021
  • Taxable Acres: 116.15
  • Gross Taxes: 5363
  • Net Taxes: 4276

MLS Schools

  • School District: 2313 - Fort Dodge

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $1,896,000 +189599900.0% --
03/17/2023 03/17/23 Pending -- -- --
12/27/2022 12/27/22 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: NOC6305876

NoCoast MLS