SOLDFEB 23, 2024
County Road X61 Rd
Wapello, IA 52653
Studio
- Studio
$2,500,000
Last Sold: Feb 23, 2024
8% below list $2.72M
Est. Refi. Payment $16,147/mo*
$2,500,000
Last Sold: Feb 23, 2024
8% below list $2.72M
Est. Refi. Payment $16,147/mo*
Studio
(on 280 acres)
Homes for Sale Near County Road X61 Rd
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Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from March 05, 2024
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
55 days ago
Home Details for County Road X61 Rd
Exterior Features |
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Frontage Road Surface Type: Asphalt, Gravel |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 0531129001 |
Price & Status |
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Price List Price: $2,722,500 |
Status Change & Dates Off Market Date: Fri Jan 19 2024 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: Wapello |
HOA |
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Association for this Listing: Des Moines Area Association of REALTORS |
Lot Information |
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Lot Area: 280 Acres |
Offer |
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Listing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 685362Living Area Range Units: Square FeetAttribution Contact: (515) 993-7979 |
Last check for updates: about 19 hours ago
Listed by Chuck Johnson, (515) 993-7979
Kiloterra
Bought with: Chuck Johnson, (515) 993-7979, Kiloterra
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#685362
Price History for County Road X61 Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/23/2024 | $2,500,000 | Sold | DMMLS #685362 |
| 01/19/2024 | $2,722,500 | Pending | DMMLS #685362 |
| 11/11/2023 | $2,722,500 | Listed For Sale | DMMLS #685362 |
Comparable Sales for County Road X61 Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.71 | Lot/Land | $7,000 | 04/04/24 | - | - | ||
6.48 | Lot/Land | $625,470 | 02/08/24 | - | - | ||
6.48 | Lot/Land | $517,743 | 01/31/24 | - | - | ||
7.87 | Lot/Land | $6,000 | 04/10/24 | - | - |
Assigned Schools
These are the assigned schools for County Road X61 Rd.
- Wapello Elementary School
- PK-5
- Public
- 229 Students
6/10GreatSchools RatingParent Rating AverageI've had severe issues with this school, they allow way to much bullying to go on, my son now 12 has had a certain child bullying him since prek.the escalation has turned physical an I have had to press assault charges. The superintendent doesn't care because my sons safety doesn't fit his precedentParent Review1y ago - Wapello Senior High School
- 9-12
- Public
- 191 Students
4/10GreatSchools RatingParent Rating AverageN/AStudent Review17y ago - Wapello Junior High School
- 6-8
- Public
- 134 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near County Road X61 Rd.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Wapello
- Christine S.
- Resident
- 4y ago
"I've been living here for eight months now and it's okay for a small town. Most of the people are friendly but keep to themselves. "
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near County Road X61 Rd
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Off Market Homes Near County Road X61 Rd
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County Road X61 Rd, Wapello, IA 52653 is a studio lot/land. This property is not currently available for sale. County Road X61 Rd was last sold on Feb 23, 2024 for $2,500,000 (8% lower than the asking price of $2,722,500).