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Sold for $2,500,000
  • $2,500,000

    County Road X61 Rd, Wapello, IA 52653

    --beds
    --baths
    280Acres
    Unimproved Land
    Built in ----
    280 Acres Lot
    $-- Zestimate®
    $--/sqft
    $693 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $693/mo

    Zestimate® history
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    What's special

    Nestled in the heart of Louisa County, IA, this captivating 280-acre farmland stands as a beacon of opportunity by the majestic Mississippi River. The remarkable property boasts 96% of its expansive acreage as cultivable, creating a quintessential agricultural canvas. With a commendable 66.4 CSR2 rating, the land demonstrates its commitment to high-quality crop production, ensuring a consistent and substantial yield for your investment. As an investment opportunity, this farmland is a prudent choice with a commendable 3% return on investment (ROI). The calculated and consistent returns you can expect from this property highlight its capacity to enhance your financial portfolio. Cultivate your future financial success with the security and certainty that this farmland offers. As an investor you can also enjoy the areas well known waterfowl hunting on the abundant public ground in the area. The cascading fields offer an ideal setting for the cultivation of corn, soybeans, or any crop of your choice, while the consistent climate in Louisa County further complements your agricultural pursuits. The comprehensive drainage system and carefully maintained contours provide optimal conditions for crop management and water control. Additionally, access is West, South, & East, with a gravel county road & hardtop highway on the South & East. Experience the charm & charisma of Louisa County while reaping the rewards of this property, all set against the backdrop of the mighty Mississippi.

    Zillow last checked: 8 hours ago

    Listing updated: October 18, 2024 at 11:52am

    Listed by:

    Chuck Johnson (515)993-7979,

    Kiloterra

    Bought with:

    Chuck Johnson

    Kiloterra

    Source: DMMLS,MLS#: 685362MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Property

    Lot
    • Size: 280 Acres
    Details
    • Parcel number: 0531129001
    • Zoning: AG

    Community & neighborhood

    Location
    • Region: Wapello

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt, Gravel

    Price history

    DateEventPrice
    2/23/2024Sold$2,500,000-8.2%
    Source: DMMLS #685362 Report a problem
    1/19/2024Pending sale$2,722,500
    Source: DMMLS #685362 Report a problem
    11/11/2023Listed for sale$2,722,500
    Source: DMMLS #685362 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 52653

    Nearby schools

    GreatSchools rating