Sold

$1,408,000

7109 T Ave, Oelwein, IA 50662

3beds

--sqft

Farm

Built in 1900

80 Acres Lot

$-- Zestimate^®

$--/sqft

$971 Estimated rent

Home value

Not available

Estimated sales range

Not available

$971/mo

Zestimate^® history

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$7,501/mo

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What's special

Fayette County, Iowa ABSOLUTE Land Auction – Mark your calendar for Tuesday, September 12th, 2023! Peoples Company is pleased to offer the sale of 80 acres m/l located northwest of Oelwein and south of Westgate, Iowa. The farmland will be offered via Public Auction as one tract and will take place at 10:00 AM at the Westgate American Legion Post 92. There will be NO RESERVE. This 80-acre m/l farm consists of land consists of 75.47 FSA cropland acres carrying a CSR2 of 89.4 and an acreage site along paved T Avenue boasting a wealth of potential. Of the cropland acres, 72.34 acres m/l are currently planted to alfalfa. The soil types on this farm are some of the best in the area and include Kenyon, Clyde & Readlyn loams. The acreage site includes a 1,116 square foot 1-1/2 story home built in 1900 and multiple outbuildings. The three-bedroom, one-bath home features a newer roof and siding. Visit our website for more information regarding this Auction!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Window Unit(s)

Features

Basement: Unfinished
Has fireplace: No
Common walls with other units/homes: 0

Property

Accessibility

Accessibility features: None

Lot

Size: 80 Acres

Details

Foundation area: 728
Parcel number: 1335400006
Zoning: Agriculture
Special conditions: Auction

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Farm

Materials

Metal Siding

Condition

Year built: 1900

Community & HOA

HOA

Has HOA: No
HOA name: RLIT

Location

Region: Oelwein

Financial & listing details

Tax assessed value: $228,050
Annual tax amount: $3,578
Date on market: 4/30/2025
Cumulative days on market: 32 days

Price history

Date	Event	Price
6/28/2024	Listing removed	--
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20235203 Report a problem
12/14/2023	Listed for sale	$145,000-89.7%
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20235203 Report a problem
10/19/2023	Sold	$1,408,000
Source: NoCoast MLS as distributed by MLS GRID #6310503 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,752 +3.7%	$228,050 +1.8%
2024	$3,618 +1.1%	$224,100
2023	$3,578 +2.5%	$224,100 +26.6%
2022	$3,492 -0.1%	$176,990
2021	$3,494 +3%	$176,990 -5.8%
2020	$3,392 +1.6%	$187,940
2019	$3,338 +6.9%	$187,940 -24.1%
2018	$3,124 -5.1%	$247,480 +0.2%
2017	$3,292 +9.1%	$247,030
2016	$3,018	$247,030
2015	$3,018 +21.3%	--
2014	$2,488 +4.6%	--
2013	$2,378 +24%	--
2012	$1,918 -11.3%	--
2011	$2,162 +6.3%	--
2010	$2,034 +4.2%	--
2009	$1,952 +7%	--
2008	$1,824 +3.3%	--
2007	$1,766 +2.3%	--
2005	$1,726	--