118th Avenue Ottumwa, IA ^$ 1,406,500

118th Avenue

^$ 1,406,500

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Recently Listed

118th Avenue

Ottumwa, IA, 52501

^$ 1,406,500

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 9,714

118th Avenue, Ottumwa, IA 52501 - Image 1

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Farms/Ranches for sale in Ottumwa, IA

for $1,406,500. The lot size is 97.

This exceptional 97 acre Wapello County farm offers productive cropland. The farm includes approximately 95.08 FSA cropland acres, with 92.58 acres in row crop production, and 2.5 acres enrolled in CRP. The average CSR2 across the cropland acres is 82.1. Whether you're looking to expand your farming operation or add to your investment portfolio, this property is an excellent opportunity. CRP contract 11851 expires 09/30/2034: 2.5 acres at $300 per acre, $750 annual payment. Tract acres pending survey.

Farms/Ranches Active

Price

^$ 1,406,500

Property Type

Farms/Ranches

Taxes

^$ 1,642

Style

Lot Size

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6344238

Features

General

Zoning Agriculture

Architectural Style Other

Tax Year 2024

County Wapello

Property Type Farm

Contingency None

Status Active

Directions From the Highway 163 and Highway 149 intersection North of Ottumwa go 1/2 mile North to Highland Center Road then East 1.25 miles to 118th Avenue then North 3/4 mile. Bordered on the east by 118th Av

Lot Size Units Acres

Lot Size Square Feet 4225320

Tax Annual Amount 1642

Living Area Units Square Feet

Standard Status Active

Legal Description Part of SW1/4 & SE1/4 of NW1/4 (exc N 20') Sec 20 and N1/2 NW1/4 Sec 29 T73N R13W Wapello Co IA. Pending survey.

Interior

Fireplace Y/N N

Exterior

Lot Size Acres 97

* Excluded Features

List By

Amy McDermott

Listing Agent

Growthland Realty

Broker

amy@growthland.com

Affordability Calculator

$9,851

Per Month

Monthly Principal & Interest: $9,714
Monthly Property Taxes: $137
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Farm listings in Ottumwa, IA

Average List Price ^$857,312

Percent of Sale Price 39%

About Ottumwa, IA

24,695 Population

-2% Since 2002

^$38,797 Median Income

38.59 Median Age

29% 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
11/3/2026	$1,406,500		Listed Price

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118th Avenue, Ottumwa, IA, 52501 is a Farms/Ranches for sale at $1,406,500 with a lot size of 97. 118th Avenue has 0.0 baths. The property's zip code is 52501 which is in Ottumwa, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 11/5/2026.

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118th Avenue

Farms/Ranches for sale in Ottumwa, IA

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