15355 118th Avenue
Ottumwa, IA, 52501 $ 500,000
Bedrooms3 Baths1.1 Monthly Estimate*
$ 3,453
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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FeaturesGeneralHeating 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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InteriorBasement Partial
Total Fireplaces 0
Common Walls 0
Fireplace Y/N N
Half Baths 1
Total Bedrooms 3
Total Baths 2
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ExteriorLot Size Acres 53
Foundation Area 1474
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* Excluded FeaturesList ByAmy McDermottListing Agent
Affordability Calculator
- 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.
Learn more about how to save NearbyFarm listings in Ottumwa, IA
Average List Price $857,312
Percent of Sale Price 71%
About Ottumwa, IA 24,695 Population
-2% Since 2002
$ 38,797 Median Income
38.59 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/3/2026 | $500,000 | | Listed Price |