15355 118th Avenue, Ottumwa, IA 52501
15355 118th Avenue, Ottumwa, IA 52501
15355 118th Avenue, Ottumwa, IA 52501
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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013
Listed by Amy McDermott Growthland Realty
$2,924,000
Est. payment /mo
3 Beds
2 Baths
272 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6341556

Style Single Family

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1956

Annual Tax Amount $10,022

Tax Year 2024

Lot Size 272.000 Acres

Acres 272.0

Property Description

This exceptional 272 acre Wapello County farm offers an outstanding combination of productive cropland, dependable CRP income, and a well-maintained rural acreage. The farm includes approximately 251.05 FSA cropland acres, with 97.53 acres in row crop production, 96.90 acres enrolled in CRP, and 56.62 acres seeded to native grasses and forbs through the Conservation Stewardship Program (CSP). The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 64.4, while the average CSR2 across the current production acres is 83. Whether you're looking to expand your farming operation, add to your investment portfolio, or purchase a country acreage, this property is an excellent opportunity. The Sellers may consider dividing the farm into multiple tracts, and Buyers are encouraged to structure and submit offers accordingly. The one story ranch style dwelling has 3 bedrooms and 1 bathroom. Dwelling roof and windows were replaced in 2026. Dwelling siding will be replace prior to closing. There is a partial unfinished basement. The updated water heater and furnace are located in the basement. A deck has recently been added on the north side of the dwelling. A portion of the machine shed has concrete floor and electricity, one sliding door on west side and two sliding doors on south side.

Location

State IA

County Wapello

Zoning Agriculture

Direction From the Highway 163 and Highway 149 intersection North of Ottumwa, go 1/2 mile North to Highland Center Road, then East 1.25 miles to 118th Avenue, then North 3/4 mile. Tract 1 is located South and West of 118th Avenue, and Tract 2 is located North and East of 118th Avenue.

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

View Y/N true

Accessibility None

Building

Architectural Style Single Family

Structure Type Metal Siding

Schools

School District 5049 - Ottumwa

Others

Energy Description Natural Gas

Acceptable Financing NOC6341556

Listing Terms NOC6341556

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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013

. | License ID: 76296

. License ID: 76296

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