Grand Avenue Fairfield, IA ^$ 40,000

Grand Avenue

^$ 40,000

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New Construction

Grand Avenue

Fairfield, IA, 52556

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 250

Grand Avenue, Fairfield, IA 52556 - Image 1

Grand Avenue, Fairfield, IA 52556 - Image 2

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Studio

Lots and Land for sale in Fairfield, IA

for $40,000. The lot size is 0.45.

There are 10 lots for sale in Mandala 2 Neighborhood (off Jasmine Ave. in Vedic City) bordering Grand Ave and Mansion Drive, ranging in size from .34 acres to .45 acres. These lots can be sold separately or combined together for a larger parcel to build your dream home. New construction is currently mandated to fit the particular architectural style of the other homes on Mansion Drive. HOA covenants apply. HOA Dues are $150 per month once a home is built. No current HOA dues for undeveloped lots.

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lots & Land

Lot Size

0.45

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6330436

Features

General

Utilities Electricity Available Phone Available Sewer Available

Zoning Residential-Single Family

HOA Fee 150

Association Fee Includes Sewer Snow Removal/Lawn Care

Architectural Style Lots & Land

Tax Year 1924

Assoc Fee Paid Per Monthly

County Jefferson

Property Type Land

Contingency None

Subdivision Name MANDALA 2 SUB VEDIC CITY

Possible Use Recreational

Status Active

Directions From Jasmine Ave. in Vedic City take a left on Grand Ave and left on Mansion Dr. This lot is on the corner of Grand Ave. and Mansion Dr..

Association Name SEIA

Lot Size Units Acres

Lot Size Square Feet 19602

Land Lease Y/N N

Tax Annual Amount 0

Living Area Units Square Feet

Standard Status Active

Legal Description MANDALA 2 SUB OF LT 2 MCPHWP LT 2.37

Exterior

Lot Dimensions ***

Lot Size Acres 0.45

Number of Lots 10

* Excluded Features

List By

Joanne Terrien

Listing Agent

Village Realty

Broker

calljoanne@gmail.com

Affordability Calculator

$250

Per Month

Monthly Principal & Interest: $250
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Fairfield, IA

Average List Price ^$59,784

Percent of Sale Price 49%

About Fairfield, IA

10,009 Population

4% Since 2002

^$42,616 Median Income

45.47 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2025	$40,000		Listed Price

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Grand Avenue, Fairfield, IA, 52556 is a Lots and Land for sale at $40,000 with a lot size of 0.45. Grand Avenue is a studio with 0.0 baths. The property's zip code is 52556 which is in Fairfield, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/10/2025.

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Grand Avenue

Lots and Land for sale in Fairfield, IA

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