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    S40 County Rd Corydon, IA 50060

    Pending
    For Sale
    Contact for pricing

    LAND - Corydon, IA

    Lot size:
    183.36 Acres
    Days on Market:
    416
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for S40 County Rd

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Pending
    Zoning
    Ag
    APN
    070P33200004
    Lot size
    183.36 Acres

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

    Listing agent Daran Becker (515) 222-1347

    Listing date Oct 18, 2024

    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

    Productive Farmland Auction Near Corydon, Iowa

    Located in Wayne County, Iowa, this land offering consists of three highly productive tillable farms near Corydon, Iowa, totaling 183.36 acres. The portfolio includes three tracts to be offered via the Buyer's Choice auction method. Tract 1 comprises 61.3 acres with 60.11 FSA cropland acres and a CSR2 value of 46. Tract 2 includes 80.33 acres with 73.72 FSA cropland acres, carrying a CSR2 value of 41.9. Tract 3 consists of 41.73 acres with 36.09 FSA cropland acres and a CSR2 value of 42. The farmland will be offered as three individual tracts via the "Buyer's Choice" auction method through a live, in-person auction and a virtual, live online auction option. With the "Buyers Choice" auction method the high bidder can take, in any order, one, two, or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all three tracts have been purchased and removed from the auction. The tracts will not be offered in their entirety or any combination after the auction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Corydon
    County
    Wayne
    State
    Iowa
    Longitude
    -93.270856
    Latitude
    40.734383

    FAQs

    What type of property is this?
    Farm - 183.36 acres of tillable farmland offered in three tracts.
    Where is this farm located?
    The property is located at S40 County Rd Corydon, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - 183.36 acres m/l of highly productive Wayne County, Iowa farmland offered in three tracts.; - Offered via Buyer's Choice auction, allowing the high bidder to select one, two, or all three tracts.; - Three individual tracts available near Corydon, Iowa.
    (515) 222-1347
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    Corydon, IA 50060
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    S40 County Rd Corydon, IA 50060
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