15355 118th Avenue Ottumwa, IA $ 500,000
15355 118th Avenue
$ 500,000
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15355 118th Avenue

Ottumwa, IA, 52501
$ 500,000
Bedrooms3 Baths1.1

Monthly Estimate*

$ 3,453

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Farms/Ranches for sale in Ottumwa, IA

for $500,000 with 3 bedrooms and 1 full bath, 1 half bath. This property was built in 1956 on a lot size of 53.

Tract 3 of the McDonald farm, 53 acres m/l with the house, offered at $500,000. Dwelling: built 1956, 1,474 SF, 1 story frame. Outbuildings: 1956 attached garage, 528 SF; 1980 machine shed, 2800 SF; 1966 pole shed, 2800 SF; 1955 corn crib, 900 SF; 1980 grain bin, 5000 bu; 1977 grain bin, 6300 bu; 1969 grain bin, 6800 bu; 1960 grain bin, 750 bu. The one-story ranch style dwelling has 3 bedrooms and 1.5 bathroom. Dwelling roof, siding, and windows were replaced in 2026. 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. FSA acres: 53.48. Cropland acres: 48.03. CRP acres: 22.28. CSP acres: 23.67. The CSP acres may be terminated and returned to production for the 2027 crop season. CRP contracts: 11915, 17.57 acres, $3,725.00 annual payment; 11851, 4.71 acres, $1,413.00 annual payment. Total 22.28 acres, $5,138.00 per year.

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Farms/Ranches Active

Price

$ 500,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Farms/Ranches

Taxes

$ 5,660

Style

Single Family

Lot Size

53

Year Built

1956

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6344240

Features
General
Heating Forced Air
Cooling Central Air
Zoning Agriculture
Architectural Style Single Family
Construction Materials Metal Siding
Year Built 1956
Tax Year 2024
Accessibility None
County Wapello
Property Type Farm
Contingency None
Full Baths 1
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. West border is 118th Avenue.
Lot Size Units Acres
Lot Size Square Feet 2308680
Tax Annual Amount 5660
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.
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Interior
Basement Partial
Total Fireplaces 0
Common Walls 0
Fireplace Y/N N
Half Baths 1
Total Bedrooms 3
Total Baths 2
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Exterior
Lot Size Acres 53
Foundation Area 1474
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* Excluded Features
List By
Amy McDermott

Listing Agent

Growthland Realty

Broker

amy@growthland.com

Email

Affordability Calculator

$3,925
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$472
Monthly 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$500,000 Listed Price

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15355 118th Avenue, Ottumwa, IA, 52501 is a Farms/Ranches for sale at $500,000 with a lot size of 53. 15355 118th Avenue has 3 bedrooms, 1.1 baths, and was built in 1956. The property's zip code is 52501 which is in Ottumwa, IA