Rustic Ave, Peru, IA 50222
OFF MARKET

Rustic Ave
Peru, IA 50222

    (on 26.76 acres)

    Local Information

    Map showing home location
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    -- mins to
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    Description

    Absolute Madison County Land Auction - Mark your calendar for Thursday, June 27th, 2024! We are pleased to present 26.76 m/l surveyed acres via an online-only auction. The farm has 24.96 FSA Cropland Acres carrying a CSR2 of 79. Primary soil types include high-producing Ladoga Silt Loam and Givin Silt Loam. The farm yielded 205-bushel corn during the 2023 crop season. Farm improvements were made last year by removing terraces and cleaning up fence lines to improve the ability to farm. The tillable acres are being custom-operated for the 2024 crop season. The buyer will receive a $150 per tillable acre credit at closing for the second half of the growing season. Possession will be granted once the crop is harvested. Seller financing available, contact agent for details.

    The property also has multiple spots to build, being less than one-half mile off pavement and only 35 minutes from the Des Moines Metro. The farm is located northeast of East Peru in Section 2 of Walnut Township.

    The tract will be offered through a TIMED ONLINE-ONLY auction. Bidding is currently LIVE and will remain open until Thursday, June 27th, 2024, at 3:00 PM Central Time Zone (CST). If you are unable to bid online, accommodations can be made to participate in the auction by contacting the Listing Agents.

    Additional Info *A principal of the selling LLC holds an active real estate license in the State of Iowa.

    Visit our website for more information.
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 18, 2024

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Rustic Ave

    Exterior Features

    Frontage
    Not on Waterfront

    Days on Market

    Cumulative Days on Market: 309

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 70015028201000

    Price & Status

    Price
    List Price: $1
    Status Change & Dates
    Off Market Date: Mon Jul 01 2024

    Active Status

    MLS Status: Closed

    Location

    School Information
    Elementary School District: WintersetJr High / Middle School District: WintersetHigh School District: Winterset

    HOA

    Association for this Listing: Des Moines Area Association of REALTORS

    Lot Information

    Lot Area: 26.76 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 695618Living Area Range Units: Square FeetAttribution Contact: (563) 794-0600Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19121-N-70015028201000-R-N
    Last check for updates: about 2 hours ago
    Listed by John Reburn, (563) 794-0600
    Peoples Company
    Kenny Herring, (515) 783-8718
    Peoples Company
    Bought with: John Reburn, (563) 794-0600, Peoples Company
    Co-Buyer's Agent: Kenny Herring, (515) 783-8718, Peoples Company
    Originating MLS: Des Moines Area Association of REALTORS
    Source: DMMLS, MLS#695618

    Price History for Rustic Ave

    DatePriceEventSource
    08/27/2024$259,572Sold
    DMMLS #695618
    07/01/2024$1PendingDMMLS #695618
    05/20/2024$1Listed For SaleDMMLS #695618
    05/15/2024ListingRemovedDMMLS #690138
    02/28/2024$307,740Listed For SaleDMMLS #690138
    02/20/2024ListingRemovedDMMLS #680192
    10/06/2023$307,740PriceChange
    DMMLS #680192
    08/14/2023$340,000Listed For SaleDMMLS #680192
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    Comparable Sales for Rustic Ave

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.61
    Lot/Land
    $163,500
    07/23/25
    -
    -
    2.38
    Lot/Land
    $125,000
    10/13/25
    -
    -
    3.54
    Lot/Land
    $319,900
    03/18/26
    -
    -
    3.80
    Lot/Land
    $762,559
    03/23/26
    -
    -
    4.92
    Lot/Land
    $263,500
    02/13/26
    -
    -
    4.47
    Lot/Land
    $140,000
    07/09/25
    -
    -
    4.78
    Lot/Land
    $310,000
    03/05/26
    -
    -
    3.90
    Lot/Land
    $39,000
    06/09/25
    -
    -
    4.71
    Lot/Land
    $192,000
    12/15/25
    -
    -
    5.07
    Lot/Land
    $300,000
    02/13/26
    -
    -

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    Assigned Schools

    These are the assigned schools for Rustic Ave.
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    Homes for sale near Rustic Ave

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    Off Market Homes Near Rustic Ave

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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.

    Homes for rent near Rustic Ave

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    Rustic Ave, Peru, IA 50222 is a lot/land. This property is not currently available for sale. Rustic Ave was last sold on Aug 27, 2024 for $259,572 (25,957,100% higher than the asking price of $1).