Outer Road & 6th Street NE Oelwein, IA $ 1
Outer Road & 6th Street NE
$ 1
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Outer Road & 6th Street NE

Oelwein, IA, 50662
$ 1
Baths0.0

Monthly Estimate*

$ 0

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Studio

Lots and Land for sale in Oelwein, IA

for $1. The lot size is 151.86.

Fayette County, Iowa Farmland Auction – Mark your calendars for Thursday, August 27th, 2026! We are pleased to present the opportunity to purchase 151.86 surveyed acres of Fayette County, Iowa farmland located just outside the Oelwein city limits. Offered in two individual tracts, this farm presents an excellent opportunity for farmers, investors, development speculators, and buyers seeking high-quality Iowa farmland with strong long-term potential. The property consists of 151.86 surveyed acres and will be offered as two separate tracts. Tract 1 contains 108.32 surveyed acres with an estimated 102.89 cropland acres, carrying an impressive CSR2 soil rating of 84.4. Tract 2 consists of 43.54 surveyed acres with an estimated 40.74 cropland acres, carrying an average CSR2 soil rating of 85.3. Both tracts are considered NHEL (Non-Highly Erodible Land), and feature highly productive soils that exceed the Fayette County average CSR2, with the predominant soil type being Kenyon Loam. The farm is currently enrolled in the Conservation Reserve Program (CRP), with the majority of the contracts expiring in 2026, allowing for immediate possession at closing. Tract 1 has one CP5A field windbreak CRP contract remaining, covering 1.67 acres and paying $393.20 per acre or $657.00 annually through 2030.

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Lots and Land Active

Price

$ 1

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,692

Style

Lots & Land

Lot Size

151.86

Town/City

Oelwein

County/Region

Fayette

MLS | Web ID

6340555

Features
General
Architectural Style Lots & Land
Tax Year 2026
County Fayette
Property Type Land
Contingency None
Status Active
Directions From Downtown Oelwein: Travel east on East Charles Street to Outer Road. Head north on Outer Road for 1/2 mile to 6th Street NE. Continue north on Outer Road for 1/4 mile and Tract 1 will be located
Lot Size Units Acres
Lot Size Square Feet 6615021.6
Tax Annual Amount 5692
Living Area Units Square Feet
Standard Status Active
Legal Description To be taken from the abstract.
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Exterior
Lot Dimensions ***
Lot Size Acres 151.86
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* Excluded Features
List By
Travis Smock

Listing Agent

Peoples Company

Broker

travis.smock@peoplescompany.com

Email

Affordability Calculator

$474
Per Month
0%
100%
0%
Monthly Principal & Interest
$0
Monthly Property Taxes
$474
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/20/2026$1 Listed Price

Map


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Outer Road & 6th Street NE, Oelwein, IA, 50662 is a Lots and Land for sale at $1 with a lot size of 151.86. Outer Road & 6th Street NE is a studio with 0.0 baths. The property's zip code is 50662 which is in Oelwein, IA