PENDING
$200K PRICE DROP
Estimated payment $15,940/month
Total Views
2,122
205
Acres
$13,692
Price per Acre
8,908,020
Sq Ft Lot
About This Lot
Located 4.2 miles from the intersection of Highway 169 and Hickman Road in Adel, this farm lies in the path of future Adel expansion. According to the Envision Adel 2040 Comprehensive Plan, the property is located at the intersction of two future arterial streets. Tract two features a 1,248 Sq ft Wausaa Home built in 1976 with a fiireplace, The home has a new boiler system, and comes with dishwasher, stove, and refrigerator included. There is a one car attached garage and full basement, The home is in excellent condition either for a Buyer to occupy or as a rental property. House has been generating $2,100 per month income. There is also a 40 X 66 steel frame machine shed with concrete floor on the included acreage. The house is on Xenia Rural Water.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,316
Lot Details
- 204.5 Acre Lot
- Property is zoned Ag
Listing and Financial Details
- Assessor Parcel Number 1411100002
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 |
|---|---|---|---|---|
| 2023 | $3,138 | $239,350 | $62,000 | $177,350 |
| 2022 | $2,842 | $203,470 | $50,450 | $153,020 |
| 2021 | $2,842 | $182,150 | $50,450 | $131,700 |
| 2020 | $2,704 | $164,480 | $50,450 | $114,030 |
| 2019 | $2,702 | $164,480 | $50,450 | $114,030 |
| 2018 | $2,702 | $180,880 | $69,100 | $111,780 |
| 2017 | $2,680 | $180,880 | $69,100 | $111,780 |
| 2016 | $2,606 | $184,140 | $77,010 | $107,130 |
| 2015 | $2,660 | $192,300 | $0 | $0 |
| 2014 | $2,552 | $192,130 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
| 12/05/2024 12/05/24 | Price Changed | $2,800,000 | -6.7% | -- |
| 09/06/2024 09/06/24 | For Sale | $3,000,000 | -- | -- |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | None Listed On Document | |
| Warranty Deed | $475,000 | None Listed On Document | |
| Fiduciary Deed | $2,750,000 | None Listed On Document | |
| Fiduciary Deed | $2,750,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,200,000 | New Conventional |
Source: Public Records
Similar Property in Adel, IA
Source: Des Moines Area Association of REALTORS®
MLS Number: 704541
APN: 14-11-100-002
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