$912,000
SOLD AUG 15, 2025

3301 Elba Ave Eddyville, IA 52553

147.09 Acres
$6,200 Price per Acre
6,407,240 Sq Ft Lot

Recently Sold

11% Below List Price

52 Days on Market

About This Lot

As of August 2025

Due to final survey results property is being offered as 147.09 +/- tax acres. Located in the rolling farm country of Southern Mahaska County, this 146.82± acre farm offers a rare opportunity to own a diverse piece of Southern Iowa land combining income-generating CRP, recreation, and strong agricultural potential. Currently, 123.52 +/- acres are enrolled in the Conservation Reserve Program (CRP), generating a total annual income of $23,313 through two separate contracts expiring 9/30/2027 and 9/30/2030. This provides a stable revenue stream while preserving the natural landscape and promoting conservation. The property’s blend of open ground, hardwood cover, and woody brush creates an ideal setting for hunting and outdoor recreation. Whitetail deer, turkey, and upland birds are all abundant in the area, making it a prime spot for both seasoned hunters and landowners looking for a quiet getaway. The pond also offers a peaceful place for fishing on a summer afternoon. With an average CSR2 of 55.1, this farm presents an excellent opportunity for future conversion to row crop production if desired. Whether you're an investor seeking income, an outdoorsman looking for a private hunting location, or a producer exploring expansion, this property delivers. Parcels of this quality and versatility are rarely available in this tightly held area of Southern Mahaska County, and this particular farm has been in the same family for a very long time.

Last Agent to Sell the Property

Luke Nissen

Hawkeye Farm Mgmt & Real Estat Listed on: 04/15/2025

Last Buyer's Agent

Luke Nissen

Hawkeye Farm Mgmt & Real Estat Listed on: 04/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,014

Lot Details

  • Property is zoned Agriculture

Property Details

Property Type

Land

Est. Annual Taxes

$4,014

Lot Details

0

Listing Details

  • Property Type: Farm
  • Co List Office Mls Id: NOC28856
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Fireplace: No
  • Possible Use: Recreational

Condo/Co-op/Association

  • Association Name: SEIA

Lot Info

  • Lot Dimensions: Due to final survey results property is being offered as 147.09 +/- tax acres.
  • Lot Size Units: Acres
  • Land Lease: No
  • Lot Size Sq Ft: 6407240.4
  • Wooded Area: 13.68

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Aug 15, 2025
Sold by
Dykstra Donald Earl
Bought by
Ipe1031 Rev616 Llc
Seller's Agent
Luke Nissen
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
Luke Nissen
Hawkeye Farm Mgmt & Real Estat
List Price
$1,027,740
Sold Price
$912,000
Premium/Discount to List
-$115,740
-11.26%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1681.53%
Original Mortgage
$199,820
Outstanding Balance
$199,652
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$177,515

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jul 1, 2025
Sold by
Dykstra Donald Earl
Bought by
Champlin Austin and Champlin Bailey
Seller's Agent
Luke Nissen
Hawkeye Farm Mgmt & Real Estat
Buyer's Agent
Luke Nissen
Hawkeye Farm Mgmt & Real Estat
List Price
$1,027,740
Sold Price
$912,000
Premium/Discount to List
-$115,740
-11.26%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,820
Outstanding Balance
$199,652
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$177,515
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $912,000 None Listed On Document
Fiduciary Deed $912,000 None Listed On Document
Fiduciary Deed $206,000 None Listed On Document
Fiduciary Deed $206,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,820 New Conventional
Closed $199,820 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $912,000 +342.7% --
07/01/2025 07/01/25 Sold $206,000 -80.0% $73 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $1,029,630 -0.1% --
05/02/2025 05/02/25 Price Changed $1,030,540 +506.2% --
04/18/2025 04/18/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $170,000 -83.5% $60 / Sq Ft
04/15/2025 04/15/25 For Sale $1,027,740 -- --
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

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 $4,014 $317,400 $69,230 $248,170
2023 $3,826 $317,400 $69,230 $248,170
2022 $3,780 $236,040 $50,420 $185,620
2021 $3,480 $236,040 $50,420 $185,620
2020 $3,480 $205,850 $53,460 $152,390
2019 $3,390 $234,290 $0 $0
2018 $3,390 $234,290 $0 $0
2017 $3,334 $254,990 $0 $0
2016 $3,706 $250,970 $0 $0
2015 $3,706 $250,970 $0 $0
2014 $3,548 $250,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6326645

NoCoast MLS

APN: 13-35-100-004