Presenting 159.10 acres m/l located just north of Menlo, Iowa, in Guthrie County. This property offers an attractive combination of recreational opportunities, established income, agricultural acres, and a residence - creating a rare opportunity to own a diverse tract with an easy commute from the Des Moines Metro. The farm features two established food plots that provide additional food sources for wildlife and enhance the overall hunting setup. The farm features 116.34 DCP Cropland Acres with 74.59 acres enrolled in the Conservation Reserve Program (CRP), generating $14,892 in annual income. This provides an immediate revenue stream to help offset ownership costs while also creating outstanding wildlife habitat. An additional 22 acres m/l are currently in row crop production and cash rented for $4,000 annually. The combination of CRP, cropland, timber, and rolling terrain creates excellent habitat diversity and provides strong hunting and recreational potential. Adding another dimension to the offering is an existing home that could serve as a primary residence, weekend retreat, or hunting lodge. The home is a highly improved farmhouse that has benefited from several significant updates. These updates include a new foundation, a new walkout basement addition with 9-foot ceilings, new underground water and electric lines from the road, a new deck with timber tech decking and white aluminum railings, 200-AMP electrical service, and a new HVAC system.
Active
Price increase: $1.1M (9/30)
$1,380,000
2978 Ranch Trl, Menlo, IA 50164
3beds
--sqft
Farm
Built in 1900
159.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing homeHighly improved farmhouseNew foundationNew hvac system
- 3 hours
- 71
- 0
Zillow last checked:
Listing updated:
Listed by:
Kolt Kiburz 515-468-5035,
Peoples Company
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6343255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central Air
Features
- Basement: Walk-Out Access,Full,Unfinished
- Has fireplace: No
- Common walls with other units/homes: 0
Property
Accessibility
- Accessibility features: Other
Lot
- Size: 159.1 Acres
Details
- Foundation area: 1584
- Parcel number: 0000150200
- Zoning: Agriculture
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Materials
- Other
Condition
- Year built: 1900
Community & HOA
HOA
- Has HOA: No
Location
- Region: Menlo
Financial & listing details
- Tax assessed value: $92,500
- Annual tax amount: $4,142
- Date on market: 9/30/2026
- Cumulative days on market: 1 day
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $1,380,000+324.6% |
Source: | ||
| 9/30/2026 | Price change | $325,000-76.4% |
Source: REALSTACK #750325 Report a problem | ||
| 9/30/2026 | Listed for sale | $1,380,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | -- |
| 2023 | $1,402 +3.9% | -- |
| 2022 | $1,350 -11.4% | $92,500 |
| 2021 | $1,524 -6% | $92,500 +3.8% |
| 2020 | $1,622 +5% | $89,100 |
| 2019 | $1,545 +21.6% | $89,100 -13% |
| 2018 | $1,271 +0.9% | $102,400 +3.1% |
| 2017 | $1,260 +15.6% | $99,300 |
| 2016 | $1,090 | $99,300 +0.4% |
| 2015 | $1,090 +4.2% | $98,859 |
| 2014 | $1,046 -7.3% | $98,859 |
| 2012 | $1,128 -4.2% | -- |
| 2011 | $1,178 +0.5% | -- |
| 2010 | $1,172 +6.9% | -- |
| 2009 | $1,096 +2.6% | -- |
| 2008 | $1,068 +19.7% | -- |
| 2007 | $892 +7.2% | -- |
| 2005 | $832 | -- |
Find assessor info on the county website
Monthly payment
Est. payment





