Sold
Last Sold Price
696,960 Lot Size16 Acres
28400 Magnolia Road, Underwood, IA 51576
LandProperty Type
16 acresLot Size

Description

16 acres of bare ground just 1.5 miles off I-80 at the Underwood Iowa exit, located on paved road with easy access to the Metro area. Land is currently being farmed and could be easily cash rented until you are ready to build your dream home and you want room for horses, cattle, or just some elbow room to enjoy the wide open spaces. Spare land is eligible to place into a CRP program if Federal funds are available. This land is being split from the acreage at 28374 Magnolia Road, but could be purchased...16 acres of bare ground just 1.5 miles off I-80 at the Underwood Iowa exit, located on paved road with easy access to the Metro area. Land is currently being farmed and could be easily cash rented until you are ready to build your dream home and you want room for horses, cattle, or just some elbow room to enjoy the wide open spaces. Spare land is eligible to place into a CRP program if Federal funds are available. This land is being split from the acreage at 28374 Magnolia Road, but could be purchased together as well.
  • Listed by: Byron Menke 712.487.3542 Byron@MenkeAuction.com • Menke Auction & Realty
Listing closed: 02/01/2021 12:00 AM • Source: Southwest Iowa AOR, MLS#: 20-2515

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Listing Courtesy of Menke Auction & Realty

Sold By Heartland Properties

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Property Information for 28400 Magnolia Road

Property Details
Building Information
  • Lot Size: 16.00 AC
Summary
Location and General Information
  • Directions: Interstate 80 east to the Underwood Iowa exit (Exit #17) then east on Magnolia Road 1.5 miles to the property.
  • Latitude: 41.37623906
  • Longitude: -95.64263332
  • MLS Area Major: 14A
  • MLS Area Minor: 14A
Taxes and HOA
  • Parcel Number: 7642 14 300 006
School Information
  • Elementary School: Underwood
  • High School: Underwood
  • Middle Or Junior School: Underwood
Property
Lot Information
  • Lot Features: Rolling Slope
  • Lot Size Acres: 16.0
  • Lot Size Area: 16.0
  • Lot Size Dimensions: 16 acres +/-
  • Lot Size Square Feet: 696960.0
  • Lot Size Units: Acres
  • Topography: Rolling
Property and Assessments
  • Property Type: Land

Property History for 28400 Magnolia Road

DateEvent & SourcePriceAppreciation
Feb 1, 2021

Sold

Southwest Iowa AOR #20-2515

$200,000
Dec 21, 2020

Contract Signed

Southwest Iowa AOR #20-2515

Dec 18, 2020

Listed (Active)

Southwest Iowa AOR #20-2515

$200,000
DateEvent & SourcePrice
02/01/2021

Sold

Southwest Iowa AOR #20-2515

$200,000
12/21/2020

Contract Signed

Southwest Iowa AOR #20-2515

12/18/2020

Listed (Active)

Southwest Iowa AOR #20-2515

$200,000

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

Schools near 28400 Magnolia Road

This home is within Underwood Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Underwood Elementary School
PublicPK to 5

Underwood Middle School
Public6 to 8

Underwood 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: 28400 Magnolia Road, Underwood, IA 51576
$200,000
696,960
5
3
2,285
674,744
4
2
1,514
1,698,840
4
3
2,280
1,694,484
5
2
1,392
308,405
$28,000
2
1
1,152
285,754

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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 Menke Auction & Realty

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Iowa Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Southwest Iowa Association of REALTORS®. All Rights Reserved.