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15355 118th Avenue, Ottumwa, IA 52501

$2,924,000
  • 15355 118th Avenue, Ottumwa, IA 52501 Main Photo

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BEDS3 BATHS1 full 1 partial MLS#6341556
STATUS PROPERTY TYPEResidential - Farm

Property Description

This exceptional 272 acre Wapello County farm offers an outstanding combination of productive cropland, dependable CRP income, and a well-maintained rural acreage. The farm includes approximately 251.05 FSA cropland acres, with 97.53 acres in row crop production, 96.90 acres enrolled in CRP, and 56.62 acres seeded to native grasses and forbs through the Conservation Stewardship Program (CSP). The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 64.4, while the average CSR2 across the current production acres is 83. Whether you're looking to expand your farming operation, add to your investment portfolio, or purchase a country acreage, this property is an excellent opportunity. The Sellers may consider dividing the farm into multiple tracts, and Buyers are encouraged to structure and submit offers accordingly. The one story ranch style dwelling has 3 bedrooms and 1 bathroom. Dwelling roof and windows were replaced in 2026. Dwelling siding will be replace prior to closing. There is a partial unfinished basement. The updated water heater and furnace are located in the basement. A deck has recently been added on the north side of the dwelling. A portion of the machine shed has concrete floor and electricity, one sliding door on west side and two sliding doors on south side.

15355 118th Avenue | MLS# 6341556

This farm located at 15355 118th Avenue, Ottumwa, IA 52501 is currently listed for sale with an asking price of $2,924,000. This property was built in 1956 and has 3 bedrooms and 1 full and 1 partial baths. Search Ottumwa real estate on www.trophypa.com today.

Property Features

Property Type: Residential - Farm
Basement: Yes
Basement: Partial
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Single Family
Lot Size: 272.00 Acres
Taxes: $10,022
Year Built: 1956

Feature Descriptions

Days on Site: 19
Exterior: Metal Siding
Parcel #: 0017201063200
Zoning: Agriculture

Listed By / Shown

Listed By

Agency Name: Growthland Realty
Agency Phone: 563-542-6473

Shown By

Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263

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Estimated Payment

$ 8,195.56 per month $6,507.56 Principal & Interest $835.17 Property Tax $852.83 Homeowner's Insurance

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