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  • Price increase: $1.1M (9/30)
    $1,380,000

    2978 Ranch Trl, Menlo, IA 50164

    3beds
    --sqft
    : 
    $10,425/mo
    Get pre-qualified
    Farm
    Built in 1900
    159.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Existing homeHighly improved farmhouseNew foundationNew hvac system
    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.
    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#: 6343255MLS Logo

      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

        DateEventPrice
        9/30/2026Price change$1,380,000+324.6%
        Source: NoCoast MLS as distributed by MLS GRID #6343255 Report a problem
        9/30/2026Price change$325,000-76.4%
        Source: REALSTACK #750325 Report a problem
        9/30/2026Listed for sale$1,380,000
        Source: DMMLS #750326 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 50164

        Getting around

        0 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating