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Sold for $4,040,000
  • $4,040,000

    4963 Lower West Branch Rd SE, Iowa City, IA 52240

    --beds
    0baths
    293Acres
    Unimproved Land
    Built in ----
    293 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,311 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,311/mo

    Zestimate® history
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    What's special

    Whitaker Marketing Group is proud to present this 293.29 ± acre tract of Iowa land for sale in Johnson County, located just a half mile from Iowa City and Interstate 80. This property offers a rare combination of high-quality tillable acres, strategic proximity to major infrastructure, and existing grain bin storage-creating a strong investment opportunity in a premier east-central Iowa market. Composed of one tract in Sections 8 and 17, Township 79 North, Range 5 West, the farm includes approximately 244.74 tillable acres per Surety Maps, with a CSR2 of 83.8 on those tillable acres. The farmland is rented for the 2026 crop season. Unique improvements, including onsite grain bins, add operational value for storage and handling. The home is currently rented, and that lease will terminate at closing. Key Features & Property Highlights: 293.29 ± total acres in Johnson County, Iowa 244.74 tillable acres (Surety Maps) with CSR2 of 83.8 on tillable ground Located 1/2 mile from Iowa City and 1/2 mile from Interstate 80-outstanding access Onsite grain bin storage included (four bins of varying sizes/years) House currently rented; lease terminates at closing Zoned A1 Ag; located in West Branch Community School District Presented by Whitaker Marketing Group | Iowa Land Experts Income-Producing: Land Cash rent - $80,000 Annually CRP Payment - $2,201 Annually House Rent - $10,200 Annually Total Income - $92,401 Annually

    Zillow last checked:

    Listing updated:

    Listed by:

    David & Ann Whitaker 515-460-8585,

    Whitaker Marketing Group

    Bought with:

    David & Ann Whitaker, B61078

    Whitaker Marketing Group

    Source: CIBR,MLS#: 69118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 293 Acres
    Details
    • Additional structures: Grain Storage
    • Parcel number: 0908476001
    • Zoning: Ag

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Iowa City

    Other

    Other facts
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/29/2026Sold$4,040,000-13.9%
    Source: CIBR #69118 Report a problem
    4/17/2026Pending sale$4,692,640
    Source: REALSTACK #95955 Report a problem
    3/30/2026Price change$4,692,640-20%
    Source: REALSTACK #95955 Report a problem
    2/9/2026Price change$5,865,800-9.1%
    Source: REALSTACK #95955 Report a problem
    2/8/2026Price change$6,452,380+645237900%
    Source: REALSTACK #95955 Report a problem
    12/29/2025Listed for sale$1
    Source: REALSTACK #95955 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,932 +2.4%$204,100 +11%
    2024$2,863 +8.6%$183,900
    2023$2,637 +2.3%$183,900 +32.8%
    2022$2,577 +4.3%$138,500
    2021$2,470 +1.6%$138,500 +3.1%
    2020$2,430 +30.9%$134,400
    2019$1,856 $134,400 -1.8%
    2018$1,856 +1.9%$136,900 -5.1%
    2017$1,822 -2.5%$144,200 +1.1%
    2016$1,868 +1.5%$142,600 -0.8%
    2015$1,840 +10.4%$143,800 +9.3%
    2014$1,666 $131,600 +21.4%
    2012-- $108,427
    2011-- --
    2009-- $50,700 -49.7%
    2008-- $100,888

    Find assessor info on the county website

    Neighborhood: 52240

    Nearby schools

    GreatSchools rating