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    Grand Ave Fairfield, IA 52556

    For Sale
    $40,000

    Lots & Land, Land - Fairfield, IA

    Lot size:
    0.45 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for Grand Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    06-104-79-001
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Expense value
    150
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    Village Realty (641) 472-9900

    Listing agent Joanne Terrien (641) 472-9900 License #***

    Listing date Aug 12, 2025

    MLS# 6330436 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lots in Vedic City

    Ten residential lots are available for sale in the Mandala 2 Neighborhood, located off Jasmine Avenue in Vedic City, bordering Grand Avenue and Mansion Drive. The lot sizes range from 0.34 acres to 0.45 acres. The lots can be purchased individually or combined to create a larger parcel suitable for building a custom home. New construction must adhere to the architectural style of existing homes on Mansion Drive. Homeowners Association covenants apply. Once a home is constructed, HOA dues are $150 per month. Undeveloped lots are not currently subject to HOA dues.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fairfield
    County
    Jefferson
    State
    Iowa
    Longitude
    -91.99529913
    Latitude
    41.048468035

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lots available in Mandala 2 Neighborhood, Fairfield, Iowa.
    Where is this residential land & home lot located?
    The property is located at Grand Ave Fairfield, IA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Opportunity to build a custom home on a lot ranging from .34 to .45 acres.; - Option to combine multiple lots for an even larger parcel.; - Located in the Mandala 2 Neighborhood of Vedic City.
    (641) 472-9900
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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.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

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

    Relative

    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
    Grand Ave Fairfield, IA 52556
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