Terrace Avenue

Active

$1,575,000

Est: $8,857/moGet pre-approved

Terrace Avenue, Rippey, IA 50235

FarmProperty Type

168.07 acresLot Size

Description

Greene County, Iowa Farmland Available! Presenting 168.07 acres m/l of Greene County, Iowa farmland located just northwest of Perry, Iowa, in the southeast corner of the county. This is an opportunity to purchase a historically high producing farm that would generate an above average return compared to the farm's market value. The farm has been managed with above average farming practices and fertility improvements, including both hog manure and cattle manure applications, supporting the most recent...Greene County, Iowa Farmland Available! Presenting 168.07 acres m/l of Greene County, Iowa farmland located just northwest of Perry, Iowa, in the southeast corner of the county. This is an opportunity to purchase a historically high producing farm that would generate an above average return compared to the farm's market value. The farm has been managed with above average farming practices and fertility improvements, including both hog manure and cattle manure applications, supporting the most recent corn yield of 239 bushels per acre. The farm includes approximately 150.07 FSA cropland acres with an average CSR2 soil rating of 66. Over 70% of the farm carries a CSR2 soil rating of 77 or better. The primary soil types include both upland loam soils as well as productive bottom ground. Included in the FSA cropland acres are 14 +/- acres that have recently been seeded down to a clover/alfalfa/fescue mix in the Spring of 2025. The farmland tract has great natural drainage with a gentle slope starting on the higher east end of the farm and a gradual grade towards the west. Well maintained waterways are established, preventing erosion and allowing water to move off the farm. Farming rights will be open for the 2027 crop year. Both Wetland and Highly Erodible Land (HEL) Determinations were completed on the farm in January 2026. Vsit our website for more information regarding this listing.

52 days on Market

Listed by: Matt C Adams 515.423.9235 Matt@PeoplesCompany.com • Peoples Company

Last updated: 09/10/2026 08:03 PM • Source: NoCoast MLS, MLS#: 6341223

Location

Listing Courtesy of Peoples Company

Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage¹

$8,857 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,408

Property Taxes

$449

HOA Dues

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Property Information for Terrace Avenue

Property Details

Taxes: $5,386 / year
MLS Type: Farm / Farm
County: Greene County
Zoning: Agriculture

Building Information

Lot Size: 168.07 AC

Summary

Location and General Information

Cross Street: 318th Street
Directions: From Rippey, Iowa: Head south on County Road P46 for about 1.5 miles, then keep right heading west towards V Avenue. Take a left (south) on V Avenue and continue for about 1.5 miles. Turn right (west) onto 320th Street. Travel to the end of the road, turning right (north) onto Terrace Avenue.

Taxes and HOA

Parcel Number: 1619400010
Tax Annual Amount: $5,386.00

Tax Year: 2026

Property

Lot Information

Lot Size Acres: 168.07
Lot Size Square Feet: 7321129.2

Lot Size Units: Acres

Property and Assessments

Living Area Units: Square Feet
Property Sub Type: Farm

Property Type: Farm

Interior and Exterior Features

Interior Features

Has Fireplace: No

Property History for Terrace Avenue

Date	Event & Source	Price	Appreciation
Aug 4, 2026	Listed (Active) NoCoast MLS #6341223	$1,575,000	—

Date	Event & Source	Price
08/04/2026	Listed (Active) NoCoast MLS #6341223	$1,575,000

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

Similar Homes

Explore Nearby Homes

More information about Terrace Avenue, Rippey, IA 50235

Terrace Avenue is for sale in Rippey, IA 50235. This property was listed for sale on August 4, 2026 by Peoples Company, it's currently listed at $1,575,000. This listing's school district is Greene County Comm School District. Terrace Avenue is a 0-bed, 0-bath.

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 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.