NOT LISTED FOR SALE

5258 25th Ave Norwalk, IA 50211

Warren County Neighborhood

Estimated Value: $310,000 - $447,000

300 Acres
$1,288 Price per Acre
13,068,000 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $2,500,000

Current estimated payment $2,313/month

12 Days on Market

About This Lot

As of December 2020

This beautiful 300-acre investment property lies just 2 miles south of Cumming, IA. Pairing the approximately 228 FSA tillable acres consisting of cropland and high quality CRP with the proximity to the Des Moines metro area, this property checks all the boxes. The Great Western trail bisects this farm and provides private access to a beautiful central Iowa trail.


The farm is open for the 2021 season and the tillable acres average a 58.7 CSR2. Rural water is provided by Warren Water district and electricity is provided by Mid-American Energy.

Last Agent to Sell the Property

Andrew Jackson

Kiloterra Listed on: 10/03/2020

Co-Listed By

Charles Johnson

Kiloterra

Last Buyer's Agent

Travis Smock

Peoples Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,402

Lot Details

  • 300 Acre Lot
  • Property is zoned Ag

Listing and Financial Details

  • Assessor Parcel Number 15000290445; 15000290487; 15000290620

Property Details

Property Type

Land

Est. Annual Taxes

$5,402

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Gravel

Utilities

  • Water: Rural

Lot Info

  • Acres: 300.0000
  • Qualifier Acres: More or Less
  • Lot S F: 1698840
  • Assessor Parcel Number: 15000290445; 15000290487; 15000290620
  • Zoning: Ag

Tax Info

  • Gross Taxes: 5402.35
  • Net Taxes: 5060.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Nichols Michael J
Bought by
Ne Gall Llc
Current Estimated Value
$386,436

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 22, 2020
Sold by
Gall Rodney R
Bought by
Nichols Michael Joseph
Seller's Agent
Andrew Jackson
Kiloterra
Buyer's Agent
Travis Smock
Peoples Company
List Price
$2,400,000
Sold Price
$2,500,000
Premium/Discount to List
$100,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.68%
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 Buyer Sale Price Title Company
Ne Gall Llc -- None Listed On Document
Nichols Michael Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gall James W $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $2,500,000 +4.2% --
10/15/2020 10/15/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $2,400,000 -- --
Source: Des Moines Area Association of REALTORS®

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 $2,494 $179,500 $45,200 $134,300
2023 $2,220 $179,500 $45,200 $134,300
2022 $2,178 $136,400 $35,000 $101,400
2021 $2,304 $139,500 $38,100 $101,400
2020 $2,304 $134,600 $39,700 $94,900
2019 $2,234 $134,600 $39,700 $94,900
2018 $2,212 $0 $0 $0
2017 $2,034 $0 $0 $0
2016 $1,982 $140,100 $0 $0
2015 $1,982 $0 $0 $0
2014 $2,064 $139,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrew Jackson

    Kiloterra

  • C

    Seller Co-Listing Agent in 2020

    Charles Johnson

    Kiloterra

    (515) 442-7709

    7 in this area

    70 Total Sales

    Charles Johnson
    Section Image

  • T

    Buyer's Agent in 2020

    Travis Smock

    Peoples Company

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 615387

Des Moines Area Association of REALTORS®

APN: 15000290460

Iowa Warren County Norwalk 50211 Warren County

5258 25th Ave, Norwalk, IA

This home is located at 5258 25th Ave, Norwalk, IA 50211 since 03 October 2020 and is currently estimated at $386,436. 5258 25th Ave is a home located in Warren County with nearby schools including Martensdale Elementary School and Martensdale-St Marys Jr-Sr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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