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118th Avenue Ottumwa, IA $ 793,000
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$ 793,000 Get more info
118th Avenue
$ 793,000
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118th Avenue

Ottumwa, IA, 52501
$ 793,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 5,477

118th Avenue, Ottumwa, IA 52501 - Image 1
118th Avenue, Ottumwa, IA 52501 - Image 2
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Farms/Ranches for sale in Ottumwa, IA

for $793,000. The lot size is 122.

This 122 acre Wapello County farm offers dependable CRP income. FSA acres: 124.79. Cropland acres: 107.94. CRP acres: 72.12. CSP acres: 35.82. The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 51.9. CRP contracts: 11915, 8.68 acres, $1,840.00 annual payment; 11603 expires 09/30/2031, 44.11 acres, $10,844.00 annual payment; 11959 expires 09/30/2036, 19.33 acres, $5,057.00 annual payment. Total 72.12 acres, $17,741.00 per year, pending FSA reconstitution. Whether you're looking to expand your farming operation or add to your investment portfolio, this property is an excellent opportunity. Tract acres pending FSA reconstitution and survey.

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Farms/Ranches Active

Price

$ 793,000

Property Type

Farms/Ranches

Taxes

$ 2,872

Style

Lot Size

122

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6344239
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. East border is 118th Avenue.
Lot Size Units Acres
Lot Size Square Feet 5314320
Tax Annual Amount 2872
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
Fireplace Y/N N
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Exterior
Lot Size Acres 122
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* Excluded Features
List By
Amy McDermott

Listing Agent

Growthland Realty

Broker

amy@growthland.com

Email

Affordability Calculator

$5,716
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,477
Monthly Property Taxes
$239
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
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Pricing History
DatePricePrice ChangeDescription
11/3/2026$793,000 Listed Price

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118th Avenue, Ottumwa, IA, 52501 is a Farms/Ranches for sale at $793,000 with a lot size of 122. 118th Avenue has 0.0 baths. The property's zip code is 52501 which is in Ottumwa, IA

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