240th St, Waverly, IA 50677
OFF MARKET

$319,000

Last sold price

    240th St, Waverly, IA 50677

    Currently Off Market - Sold Aug 22, 2025 for $319,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1260 240th St, Waverly, IA
    1.42
    Lot/Land
    $141,300
    10/02/25
    2
    1.5
    892
    E Water St, Shell Rock, IA
    2.71
    Lot/Land
    $6,000
    09/17/25
    -
    -
    Finchford Rd, Janesville, IA
    4.13
    Lot/Land
    $401,000
    01/30/26
    -
    -
    176 Augusta Ln, Waverly, IA
    3.32
    Lot/Land
    $76,000
    02/04/26
    -
    -
    160 Augusta Ln, Waverly, IA
    3.38
    Lot/Land
    $60,000
    10/24/25
    -
    -
    Badger Ave, Waverly, IA
    3.69
    Lot/Land
    $43,000
    02/26/26
    -
    -
    Xx Badger Ave, Waverly, IA
    3.84
    Lot/Land
    $28,000
    10/03/25
    -
    -
    1058 2nd Ave NE, Waverly, IA
    4.42
    Lot/Land
    $49,250
    08/24/26
    -
    -
    1705 E Bremer Ave, Waverly, IA
    4.57
    Lot/Land
    $38,000
    12/04/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    2425 Bishop Ave, Waverly, IA 50677
    0.32
    $780,000
    4
    3.5
    3,188
    Recently Sold
    2448 Atlas Ave, Shell Rock, IA 50670
    0.51
    $320,400
    3
    2
    2,000
    Off Market
    1066 238th St, Shell Rock, IA 50670
    0.67
    $303,400
    5
    2
    1,679
    Off Market
    104 Grand Scenic Dr, Shell Rock, IA 50670
    0.83
    $234,250
    4
    2
    1,782
    Recently Sold
    1224 240th St, Waverly, IA 50677
    1.03
    $399,900
    5
    2
    2,415
    Recently Sold
    1260 240th St, Waverly, IA 50677
    1.42
    -
    2
    1.5
    892
    Off Market

    Local Information

    • Map ViewExplore the area around 240th St.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    45 acre lot

    About this House

    LAND ONLY FOR SALE! Don't miss your chance to own this affordable and versatile 45+/- acre tillable tract in Bremer County, Iowa! Ideally situated along US Route 218, just southwest of Waverly, this productive farm ground is a perfect addition to any existing operation—or an ideal farm for a new producer to get started on. Just 6 miles from the Shell Rock ethanol plant, this location boasts outstanding farm-to-market convenience. This farm offers immediate usability for a producer and future value due to its unique location. It should be noted that this farm is included in the Waverly Future Land Use residential/commercial development plan.

    The property's prime highway exposure and proximity to town make it a compelling option for future development. Waverly is among the fastest-growing communities in the entire state, and this property is included in the land demarcated for their development goals. Whether you're looking to expand your ag operation or invest in a piece with long-term upside, this tract is one you’ll want to seriously consider. There will be a "Right of First Refusal" on this property.

    Property Features:
    45.48 +/- tillable acres
    44.3 +/- acres DCP Cropland
    Excellent farm-to-market access
    Future development potential
    Included in Waverly's Future Land Use Plan
    Borders US Route 218
    Great visibility and highway frontage
    Ideal for farm expansion or first-time buyers
    7 miles from Waverly
    4 miles from Shell Rock
    240th St, Waverly, IA 50677 is a lot/land. It last sold for $319,000 on Aug 22, 2025 (3% below the $329,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 9 hours ago
    Listed by Andrea Larson, (319) 572-9260
    Midwest Land Group LLC
    Bought with: Andrea Larson, (319) 572-9260, Midwest Land Group LLC
    Source: NorthstarMLS as distributed by MLS GRID, MLS#6735243

    Home Details for 240th St

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: None Connected, Other Available
    Gas & Electric
    No Electric on Property
    View
    No View

    Exterior Features

    Frontage
    Not on Waterfront
    Surface & Elevation
    Topography: Gently Rolling

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Has Additional Parcels
    Property Information
    Included in Sale: NoneParcel Number: 0917100016Additional Parcels Description: 0917100006, 0917100023

    Price & Status

    Price
    List Price: $329,000
    Status Change & Dates
    Off Market Date: Fri Jul 11 2025

    Location

    Direction & Address
    City: Waverly
    School Information
    High School District: Waverly-Shell Rock

    Community

    Community Features: No

    HOA

    No HOA

    Lot Information

    Lot Area: 45 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 6735243

    Additional Information

    No

    Price and Tax history

    DateEventPrice
    Aug 22, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6735243
    		Sold
    $319,000
    Jul 12, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6735243
    		Pending
    $329,000
    Jul 8, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6735243
    		PriceChange
    $329,000
    Price decreased by 5%
    Jun 8, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6735243
    		Listed For Sale
    $345,000

    Market trends in Waverly

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    56
    1    MoM

    Around this home

    What Locals Say about Waverly

    At least 21 Trulia users voted on each feature.

    • 97 % Say it's dog friendly

    • 94 % Say car is needed

    • 89 % Say parking is easy

    • 83 % Say there's holiday spirit

    • 81 % Say kids play outside

    • 79 % Say yards are well-kept

    • 79 % Say it's quiet

    • 79 % Say there are sidewalks

    • 76 % Say people would walk alone at night

    • 71 % Say there's wildlife

    • 66 % Say neighbors are friendly

    • 55 % Say streets are well-lit

    • 48 % Say they plan to stay for at least 5 years

    • 45 % Say it's walkable to restaurants

    • 40 % Say it's walkable to grocery stores

    • 36 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Linnofficiall
      "It’s the best place I’ve lived in and I moved here from Memphis . I have no complaints honestly my son even loves his middle school"
      0
      Flag
    • Rhini A.
      "The neighborhood is right by the middle school and high school creating an easy commute. Love the easy access to 218 "
      0
      Flag
    • C.L.
      "A ton of fantastic Parades, downtown activities like Halloween and Santa’s house and a sweet little farmers market"
      0
      Flag
    • Bnarchibld
      "I have lived in this neighborhood for 10 years and I love that kids can ride around the block and not cross a street"
      1
      Flag
    • dschmalz8763
      "Waverly is a great place to raise children, as I was raised here. In my golden years it's now a great place to settle down. Not slow down I might add. As long as you are a nice person in this town, everybody has your back. I lost my first home that I bought in Waverly, about 8 years ago to a massive house fire. Figures, three years before I had it paid off. I was a local bartender at the time. My employer wouldn't here of me working that night, but insisted that I be at the bar that night. The community support for me was awesome! This town-city takes care of their own, and anyone else that would like to be a part of it. I feel so secure in this town, you don't worry about locks, as your neighbors are watching your house when you are away. When I first looked at my house at a one hour open house, the agent forgot to lock one door upstairs. I found that door, and took in a good friend to see the house that I was considering. She turned me in to the police, Yay Neighbor! We have been friends for years. Waverly is a great place, Just ignore the towns stupidity from time to time!"
      2
      Flag
    • X
      "Waverly is surprising! Highest quality health care, police and fire services, schools and libraries, parks and rec center plus beautiful neighborhoods and more. And if you can't find it in Waverly, the metro is just 15 minutes via expressway."
      3
      Flag

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-09-10 14:38:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

    Frequently asked questions about 240th St

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