Listed price in listed location currency (USD).
$2,924,000

320

MLS® 6341556

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Farm
Size -
Garage 
Taxes $10,022
Days Active 4
Lot Size 272 Acres
Approx. Age 1956
MLS® Number 6341556

Property Address: 15355 118th Ave, Ottumwa, IA, 52501-8653

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number6341556
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
BasementPartial
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 13, 2026List Date
$2,924,000List Price
  • Commute

Commute

Starting Address
Destination Address
15355 118Th Ave, Ottumwa, IA

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