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Versatile Southern Iowa Property
For Sale
$850,000

31450 510th Street, Russell, IA 50238

Land, Russell, IA

Property Size1,296 SF
Lot Size67.10 Acres
Price / SF$655.86
Days on Market129

Property Features for 31450 510th Street

General Information

Property type Land
Property subtype Other
Zoning Ag
Elementary school district Chariton
Middle school district Chariton
High school district Chariton
Directions From the intersection of Highway IA-14 N & Highway 34 in Chariton; head north on IA-14 N/S Main St toward Grace Ave for 0.6 miles. Turn left onto S 7th St and travel 1 mile. Turn right onto Ilion Ave, and travel 1 mile. Continue onto Co Rd H32/245 Trail and travel 7 miles. Turn left onto 510th St and travel 1 mile. Turn right to continue on 510th St the destination will be on your right.
Subdivision Russell
Standard status Active
APN 0809100010, 0809100006, 0809200001
Size 1,296 SF
Lot size 67.10 Acres

Taxes and HOA fees

Tax Description Exact legal to be taken from abstract.
Tax Annual Amount 2900
Legal Description Exact legal to be taken from abstract.
Listing Agency: Peoples Company
Listed By: Adam Curran · License #S56876000
Added: Apr 22 Changed: Aug 19 Last Checked: Aug 28 at 7:06PM
MLS# 739008

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This versatile Southern Iowa property in Lucas County offers recreation, income potential, and a peaceful place to call home. The landscape features rolling ridge tops transitioning into mature hardwood timber, creating a balance of open ground and cover. The layout supports established travel corridors, with locations for food plots and habitat improvements. The property is suited for outdoorsmen, with populations of white-tailed deer and turkey, minimal road traffic, and seclusion. The surrounding area further enhances the property's ability to produce and protect game. The farm offers functionality with productive alfalfa fields and pasture ground for hay production or livestock grazing. A 45' x 60' shop features concrete floors, overhead doors, and workspace, suitable for equipment storage or operations. A 30' x 60' livestock building adds winter protection and flexibility for livestock. The ranch-style home, built in 1976, offers 1,296 square feet of living space with a walkout basement and a steel roof.

Key Highlights

  • Exceptional recreational property with strong populations of white‑tailed deer and turkey.
  • Income potential from productive alfalfa fields and pasture ground.
  • 45' x 60' shop with concrete floors and overhead doors, ideal for equipment storage.

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 50238, IA

1,071
Population
585
Households
1.8
Avg Household Size
46
Median Age
16%
College-Educated
88%
High-School Grad
100.7 sq mi
ZIP Area
11
Density / Sq Mi
$67,708
Median Household Income
$40,481
Median Earnings
$739
Median Rent
$82,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Farm - 67.1 acre property with recreation, income potential, and home.
Where is this farm located?
The property is located at 31450 510th Street Russell, IA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Exceptional recreational property with strong populations of white‑tailed deer and turkey.; Income potential from productive alfalfa fields and pasture ground.; 45' x 60' shop with concrete floors and overhead doors, ideal for equipment storage.
More about this property
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