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    1066 S56 Hwy Russell, IA 50238

    For Sale
    $784,500

    LAND - Russell, IA

    Lot size:
    85.63 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 9 at 12:06 am

    Property Features for 1066 S56 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Ag
    APN
    040C04300005
    Lot size
    85.63 Acres

    Peoples Company (515) 771-7588 [email protected]

    Listing agent Doug Bear (515) 222-1347

    Listing date Jul 23, 2025

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Recreational Tract with Barndominium

    This 85.63-surveyed-acre income-producing recreational tract is located in northeast Wayne County, Iowa, adjacent to paved County Highway S56. It features a 38' x 48' barndominium with a lean-to, originally built in 2017 and recently completed inside. The barndominium includes 3 bedrooms and 2 bathrooms. The residence includes a kitchen equipped with new Maytag appliances, including a stainless steel electric glass-top stove and oven, stainless steel dishwasher, 36" wide stainless steel french door refrigerator, and new cabinetry with Bertch soft-close drawers. There is also a living room and bathroom on the main level, which includes a new top-load Criterion washing machine, front load Criterion clothes dryer, vanity, Delta toilet, and walk-in shower. The barndominium is equipped with an Amana central heating and cooling system and a 40-gallon water heater. A new septic tank and leach field, located to the north of the building, was completed during summer 2024. The property is intended for agricultural and recreational use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Russell
    County
    Lucas
    State
    Iowa
    Longitude
    -93.168113
    Latitude
    40.887247

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    FAQs

    What type of property is this?
    Farm - 85.63-acre recreational tract with barndominium in Wayne County, Iowa.
    Where is this farm located?
    The property is located at 1066 S56 Hwy Russell, IA.
    What is the asking price?
    The asking price for this property is $784,500.
    What are key features of this property?
    This property features: - Income-producing 85.63-acre recreational tract.; - Includes a completed 3-bedroom, 2-bathroom barndominium (38' x 48' with lean-to).; - Barndominium features brand new Maytag stainless steel appliances and Bertch soft-close cabinetry.
    (515) 222-1347
    Request Owner's contact information
    1066 S56 Hwy Russell, IA 50238
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    Russell, IA 50238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1066 S56 Hwy Russell, IA 50238
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