Sold
Last Sold Price
$350,000

2725 Madison Road,Ā Ridgeway, IAĀ 52165

FarmProperty Type
51.78 acresLot Size

Description

Sold. Sold sold ..... Crop ground ONLY, NO buildings or current home included, open crop ground along a hardsurfaced road West of Decorah, North of Ridgeway IA. INCOME property, currentlly showing 49.54 acres tillable and in a rental contract for 2021 crop year for $ 10,500 / year. THIS listing is for Crop Land ONLY... All offers must be for the entire 51.78 m/l acres, No partial sales, NO splitting or Re-Survey of land requests. ONE Tract of crop ground along a hardsurfaced rd. with electrical power...Sold. Sold sold ..... Crop ground ONLY, NO buildings or current home included, open crop ground along a hardsurfaced road West of Decorah, North of Ridgeway IA. INCOME property, currentlly showing 49.54 acres tillable and in a rental contract for 2021 crop year for $ 10,500 / year. THIS listing is for Crop Land ONLY... All offers must be for the entire 51.78 m/l acres, No partial sales, NO splitting or Re-Survey of land requests. ONE Tract of crop ground along a hardsurfaced rd. with electrical power available along frontage of Madison Rd. Here is a chance to buy an investment tract with potential for a future acreage creation, ranch for horses and pasture options for some 4-H livestock projects or raising grass fed meat supply for your family. Paved road connects to Hwy 52, would not have a weight embargo placed on it if you need an acreage to park a long haul tractor trailer rig . This could be a great opportunity to lock-in a location for a future acreage, allow it to generate some income for a few years as you create a landscaping plan and work with a home design to complement your needs and the features of this property. No Covenants, so a shop or machine shed could be built soon after closing if you need storage for a large boat or a camper off-season. Maybe a Shouse design with bath and laundry for your getaway weekends till you can build your dream home in a country setting ......
Listing closed: 09/20/2021 12:00 AM • Source: Northeast Iowa Regional BOR, MLS#: 20211309
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Recent comparable sales

Median sold price

$320,000

Avg days on market

63

Sale-to-list ratio

109.5%

Ridgeway, IA

9 comparable properties found

$633,000 | 500 Pike Street, Ridgeway, IA 52165
1/21
1

$633,000

Sold 10/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
12,802
Square Feet
2.21
Acres
a view of a lake with a deck
1/26
2

$315,000

Sold 04/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.43
Acres
East 312th Lane, Ridgeway, MO 64481
3

-

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
50.75
Acres
27577 East 305th Avenue, Ridgeway, MO 64481
4

-

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
a view of city and mountain
1/26
5

$292,160

Sold 04/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
33.57
Acres
222nd Street, Ridgeway, MO 64481
6

-

Sold 01/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
71
Acres
A Highway, Ridgeway, MO 64481
7

-

Sold 11/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
62
Acres
$460,000 | 47 Wandering Lane, Ridgeway, SC 29130
1/2
8

$460,000

Sold 09/11/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.33
Acres
9

$70,000

Sold 05/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.12
Acres

Location

Listing Courtesy of Cedar Valley Iowa Realty - Decorah

Sold By Cedar Valley Iowa Realty - Decorah

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$1,948 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,868

Property Taxes

$79

HOA Dues

$0

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Property Information for 2725 Madison Road

Property Details

  • Taxes: $952 / year
  • MLS Type: Farm / Agriculture
  • Zoning: A
  • Zoning Description: A

Building Information

  • Lot Size: 51.78 AC

Summary

Location and General Information
  • Latitude: 43.313256
  • Longitude: -91.93706
Taxes and HOA
  • Additional Parcels: No
  • Parcel Number: 101700001700
  • Tax Annual Amount: $952.00
  • Tax Assessed Value: 52940
School Information
  • Elementary School: Howard Winneshiek
  • High School: Howard Winneshiek
  • Middle Or Junior School: Howard Winneshiek
Parking
  • Garage: No

Property

Lot Information
  • Lot Features: Irregular Lot, Rolling Slope
  • Lot Size Acres: 51.78
  • Lot Size Dimensions: 1708 X 1320
  • Lot Size Square Feet: 2255537.0
  • Road Surface Type: Concrete
  • Topography: rolling
Property and Assessments
  • Land Lease: Yes
  • Property Sub Type: Agriculture
  • Property Type: Farm

Property History for 2725 Madison Road

DateEvent & SourcePriceAppreciation
Sep 20, 2021

Sold

Northeast Iowa Regional BOR #20211309

$350,000
—
Jun 20, 2021

Contract Signed

Northeast Iowa Regional BOR #20211309

—
—
Apr 7, 2021

Listed (Active)

Northeast Iowa Regional BOR #20211309

$400,000
—
DateEvent & SourcePrice
09/20/2021

Sold

Northeast Iowa Regional BOR #20211309

$350,000
06/20/2021

Contract Signed

Northeast Iowa Regional BOR #20211309

—
04/07/2021

Listed (Active)

Northeast Iowa Regional BOR #20211309

$400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2725 Madison Road

This home is within Decorah Community School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
John Cline Elementary School
PublicK to 2

Carrie Lee Elementary School
Public3 to 4

Decorah Middle School
Public5 to 8

Decorah High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2725 Madison Road, Ridgeway, IA 52165
$350,000
–
–
–
2,255,537
–
3
3
1,456
26,572
–
3
1
2,913
150,718
$650,000
3
2,801
1,161,310
$490,000
–
–
–
1,008,414
–
5
1
1,568
3,319,708

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cedar Valley Iowa Realty - Decorah

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 08/05/2024 03:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.