Contract Signed
6,615,021 Lot Size151.86 Acres
Outer Road, Oelwein, IA 50662
Est: $474/moGet pre-approved
LandProperty Type
151.86 acresLot Size

Description

Fayette County, Iowa Farmland Auction – Mark your calendars for Thursday, August 27th, 2026! We are pleased to present the opportunity to purchase 151.86 surveyed acres of Fayette County, Iowa farmland located just outside the Oelwein city limits. Offered in two individual tracts, this farm presents an excellent opportunity for farmers, investors, development speculators, and buyers seeking high-quality Iowa farmland with strong long-term potential. The property consists of 151.86 surveyed acres...Fayette County, Iowa Farmland Auction – Mark your calendars for Thursday, August 27th, 2026! We are pleased to present the opportunity to purchase 151.86 surveyed acres of Fayette County, Iowa farmland located just outside the Oelwein city limits. Offered in two individual tracts, this farm presents an excellent opportunity for farmers, investors, development speculators, and buyers seeking high-quality Iowa farmland with strong long-term potential. The property consists of 151.86 surveyed acres and will be offered as two separate tracts. Tract 1 contains 108.32 surveyed acres with an estimated 102.89 cropland acres, carrying an impressive CSR2 soil rating of 84.4. Tract 2 consists of 43.54 surveyed acres with an estimated 40.74 cropland acres, carrying an average CSR2 soil rating of 85.3. Both tracts are considered NHEL (Non-Highly Erodible Land), and feature highly productive soils that exceed the Fayette County average CSR2, with the predominant soil type being Kenyon Loam. The farm is currently enrolled in the Conservation Reserve Program (CRP), with the majority of the contracts expiring in 2026, allowing for immediate possession at closing. Tract 1 has one CP5A field windbreak CRP contract remaining, covering 1.67 acres and paying $393.20 per acre or $657.00 annually through 2030.
48 days on Market
  • Listed by: Travis J Smock 319.361.8089 travis.smock@peoplescompany.com • Peoples Company
Last updated: 09/08/2026 04:29 PM • Source: NoCoast MLS, MLS#: 6340555

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$474 per month

30 year fixed, 7.03% Interest

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$474

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Property Information for Outer Road

Property Details
  • Taxes: $5,692 / year
  • MLS Type: Land
  • Architectural Style: Lots & Land
Building Information
  • Lot Size: 151.86 AC
Summary
Location and General Information
  • Directions: From Downtown Oelwein: Travel east on East Charles Street to Outer Road. Head north on Outer Road for 1/2 mile to 6th Street NE. Continue north on Outer Road for 1/4 mile, and Tract 1 will be located on the west side of the road.
Taxes and HOA
  • Parcel Number: 1815300001
  • Tax Annual Amount: $5,692.00
  • Tax Year: 2026
Property
Lot Information
  • Lot Size Acres: 151.86
  • Lot Size Dimensions: ***
  • Lot Size Square Feet: 6615021.6
  • Lot Size Units: Acres
Property and Assessments
  • Living Area Units: Square Feet
  • Property Type: Land

Property History for Outer Road

DateEvent & SourcePriceAppreciation
Sep 4, 2026

Contract Signed

NoCoast MLS #6340555

—
Jul 20, 2026

Listed (Active)

NoCoast MLS #6340555

$1—
DateEvent & SourcePrice
09/04/2026

Contract Signed

NoCoast MLS #6340555

—
07/20/2026

Listed (Active)

NoCoast MLS #6340555

$1

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

Schools near Outer Road

This home is within Oelwein Community School District.
Rating
School
Type
Grades
Distance
Public - 1 to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Wings Park Elementary School
Public1 to 4

Oelwein Middle School
Public5 to 8

Oelwein High School
Public9 to 12

Oelwein Online School
PublicPK 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.

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Listing Courtesy of Peoples Company

Listing information provided in part by the Iowa Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Iowa Association of Realtors 2026. All rights reserved.