Farm with Ranch
For Sale
Contact for pricing
15355 118th Avenue, Ottumwa, IA 52501
Agricultural property combining cropland, conservation acreage, and a rural residence with recent exterior and mechanical updates.
Property SizeContact for details
Days on Market13
Property Features for 15355 118th Avenue
General Information
Standard status
Active
Property subtype
Land
Zoning
Agriculture
Building Details
Year Built
1956
Listing Agency:
Growthland Realty
(563) 542-6473
Listed By:
Amy McDermott
Source:
Crexi
Added: Aug 12
Changed: Aug 23
Last Checked: Aug 22 at 4:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growthland Realty
Investment Insights
Based on property information with market context.
This 272-acre agricultural property in Wapello County includes approximately 251.05 FSA cropland acres, supported by a mix of row crop production, CRP enrollment, and conservation plantings. Current land use includes 97.53 acres in row crops, 96.90 acres enrolled in CRP, and 56.62 acres seeded to native grasses and forbs through the Conservation Stewardship Program. Average CSR2 is 64.4 across the cropland acres and 83 across the current production acres. The CSP acreage may be terminated and returned to production for the 2027 crop season.
The property also includes a one-story ranch-style residence with 3 bedrooms, 1 bathroom, and a partial unfinished basement. The basement houses an updated water heater and furnace. The dwelling roof and windows were replaced in 2026, siding will be replaced before closing, and a north-side deck has recently been added. A machine shed includes a concrete-floored, electrified section, one west-side sliding door, and two south-side sliding doors. The property is zoned Agriculture and may be considered for division into multiple tracts.
The property also includes a one-story ranch-style residence with 3 bedrooms, 1 bathroom, and a partial unfinished basement. The basement houses an updated water heater and furnace. The dwelling roof and windows were replaced in 2026, siding will be replaced before closing, and a north-side deck has recently been added. A machine shed includes a concrete-floored, electrified section, one west-side sliding door, and two south-side sliding doors. The property is zoned Agriculture and may be considered for division into multiple tracts.
Key Highlights
- 272‑acre Wapello County farm with approximately 251.05 FSA cropland acres
- 97.53 acres in row crop production, 96.90 acres in CRP, and 56.62 acres in CSP plantings
- Average CSR2 of 64.4 across cropland acres and 83 across current production acres
Property Analytics
Property Profile
Current Use
Location Intelligence
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Demographics for 52501, IA
30,313
Population
13,654
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
87%
High-School Grad
225.3 sq mi
ZIP Area
135
Density / Sq Mi
$59,091
Median Household Income
$40,173
Median Earnings
$955
Median Rent
$109,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Farm - Agricultural property combining cropland, conservation acreage, and a rural residence with recent exterior and mechanical updates.
Where is this farm located?
The property is located at 15355 118th Avenue Ottumwa, IA.
What is the asking price?
The asking price for this property is $2,924,000.
What are key features of this property?
This property features: 272‑acre Wapello County farm with approximately 251.05 FSA cropland acres; 97.53 acres in row crop production, 96.90 acres in CRP, and 56.62 acres in CSP plantings; Average CSR2 of 64.4 across cropland acres and 83 across current production acres
