Rustic Ave, Peru, IA 50222
Property image
Property image
OFF MARKET

Rustic Ave
Peru, IA 50222

    $311,900

    Trulia Estimate
    as of Aug 8, 2026
    Est. Refi. Payment $2,106/mo*
    Refinance Your Home

    $311,900

    Trulia Estimate
    as of Aug 8, 2026
    Est. Refi. Payment $2,106/mo*
    Refinance Your Home
    (on 26.76 acres)

    Local Information

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

    Home Highlights

    Property Type
    Single-Family Home
    Lot Size
    26.76 acres

    About this House

    Absolute Madison County Land Auction - Mark your calendar for Thursday, June 27th, 2024! I'm 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. Visit our website for more information.
    Rustic Ave, Peru, IA 50222 is a single-family home. It last sold for $259,572 on Aug 27, 2024 (25,957,100% above the $1 asking price). It is currently off market. The Trulia Estimate is $311,900, with a rent estimate of $1,887/month.

    Home Details for Rustic Ave

    Active Status

    MLS Status: Sold

    Interior Features

    Interior Details
    Number of Rooms: 6Types of Rooms: Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6
    Fireplace & Spa
    No Fireplace

    Days on Market

    Cumulative Days on Market: 300

    Property Information

    Property Type / Style
    Property Type: FarmProperty Subtype: FarmArchitecture: Other
    Property Information
    Parcel Number: 70015028201000

    Price & Status

    Price
    List Price: $1
    Status Change & Dates
    Off Market Date: Fri Jun 28 2024

    Location

    Direction & Address
    City: Peru

    HOA

    HOA Name: RLITNo HOA

    Lot Information

    Lot Area: 26.76 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 6317513Days In Mls: 39
    Last check for updates: about 2 hours ago
    Listed by John Reburn, (515) 330-8710
    Peoples Company
    Bought with: John Reburn, (515) 330-8710, Peoples Company
    Source: NoCoast MLS as distributed by MLS GRID, MLS#6317513

    Price History for Rustic Ave

    DatePriceEventSource
    08/27/2024$259,572Sold
    NoCoast MLS as distributed by MLS GRID #6317513
    04/05/2023ListingRemovedRE/MAX Central
    02/17/2023$50,000PendingRE/MAX Central
    02/07/2023$50,000Listed For SaleRE/MAX Central #667239

    Market trends in Peru

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    5
    Skip to last item
    • Results are loading
    Skip to first item

    Comparable Sales for Rustic Ave

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    420 Florence Ave, Peru, IA
    0.82
    Single-Family Home
    $714
    03/16/26
    2
    1
    872

    Nearby homes

    Skip to last item
    • Results are loading
    Skip to first item

    Assigned Schools

    These are the assigned schools for Rustic Ave.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    LGBTQ Local Legal Protections

    Apartments for Rent

    Skip to last item
    • Results are loading
    Skip to first item

    Homes for sale near Rustic Ave

    Skip to last item
    Skip to first item

    Off Market Homes Near Rustic Ave

    Skip to last item
    • Results are loading
    Skip to first item

    Frequently asked questions about Rustic Ave

    • What is Rustic Ave estimated to be worth?
      Trulia's estimated value for Rustic Ave in Peru, IA is $311,900.
    • What is the price history for Rustic Ave?
      Rustic Ave in Peru, IA last sold for $259,572 in August 2024.
    • Is Peru a buyer's or seller's market?
      Peru is currently a buyer's market, based on recent for-sale activity.
    • What are the closest schools to Rustic Ave?
      The closest schools to Rustic Ave in Peru, IA are Winterset Elementary School (Pre-K, rated 5/10), Winterset Junior High School (rated 5/10), Winterset Middle School (Elementary, rated 9/10).
    • How big is the lot at Rustic Ave?
      The lot at Rustic Ave in Peru, IA is about 26.8 acres.
    Based on information submitted to the MLS GRID as of 2026-08-08 12:22:24 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