2900 Millstream Ave
Peru, IA 50222
(on 27 acres)
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
27 acres
About this House
We are proud to represent the Frederick James Trust in the sale of 27.68 m/l acres of breathtaking land in Walnut Township, Madison County, IA—perfect for building your dream country home. Nestled just off Paved P68, on Millstream Avenue, this property offers a beautiful rural setting for all your outdoor pursuits. A stunning limestone-bottom creek runs through the landscape, providing a picturesque water feature, while abundant wildlife makes this land an ideal location for hunters. Over 17 acres of the property are FSA tillable, carrying a 60.58 CSR2 rating. The majority of this usable land is located on the west side of the creek and is currently in hay. Future uses could include raising livestock, cash renting for an annual income, or planting food plots for wildlife, among many other possibilities. The property is mostly fenced, including a gated entrance near the northeast corner. Here, you’ll find an ideal potential building site that overlooks the picturesque valley below—an exceptional spot for your future home. Located less than a mile off paved roads, within the Winterset School District, this property is perfect for anyone looking to enjoy the peace and tranquility of country living without sacrificing proximity to the Des Moines metro area. Whether you’re envisioning a place for horses, a few cows, or room to enjoy hunting and gardening, this property offers the space and flexibility you need to create the country lifestyle you’ve always wanted.
2900 Millstream Ave, Peru, IA 50222 is a lot/land. It last sold for $215,000 on Jan 30, 2025 (28% below the $300,000 asking price). It is currently off market.
Home Details for 2900 Millstream Ave
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Frontage Not on Waterfront |
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Cumulative Days on Market: 112 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 7001507260100000 |
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Price List Price: $300,000 |
Status Change & Dates Off Market Date: Fri Jan 10 2025 |
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MLS Status: Closed |
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Direction & Address City: Peru |
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Association for this Listing: Des Moines Area Association of REALTORS |
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Lot Area: 27 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 704463Living Area Range Units: Square FeetAttribution Contact: (515) 993-7979Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19121-N-7001507260100000-R-N |
Last check for updates: about 12 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#704463

Price History for 2900 Millstream Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 01/30/2025 | $215,000 | Sold | DMMLS #704463 |
| 01/10/2025 | $300,000 | Pending | DMMLS #704463 |
| 09/22/2024 | $300,000 | Listed For Sale | DMMLS #704463 |
Market trends in Lorimor
Last updated June 2026
Avg. sale price
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Comparable Sales for 2900 Millstream Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.16 | Lot/Land | $230,033 | 08/19/25 | - | - | ||
3.85 | Lot/Land | $167,500 | 03/27/26 | - | - | ||
3.71 | Lot/Land | $632,000 | 11/07/25 | - | - | ||
4.29 | Lot/Land | $124,500 | 09/18/25 | - | - | ||
4.69 | Lot/Land | $367,720 | 06/11/26 | - | - | ||
4.74 | Lot/Land | $1,025,892 | 11/24/25 | - | - | ||
5.59 | Lot/Land | $300,000 | 07/15/26 | - | - | ||
5.27 | Lot/Land | $100,000 | 11/24/25 | - | - | ||
6.11 | Lot/Land | $517,000 | 10/01/25 | - | - | ||
6.75 | Lot/Land | $265,410 | 11/26/25 | - | - |
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