Sold
Last Sold Price
$720,000

Timber Road, Russell, IA 50238

FarmProperty Type
120 acresLot Size

Description

Wayne County, Iowa Land Auction – Mark your calendar for Friday, February 10th, 2023 at 10:00 AM! Peoples Company is pleased to be representing the Frederick H. Brown Family Trust in the sale of 120 total acres m/l located approximately six miles northeast of Millerton, Iowa, and approximately three miles directly west of Confidence, Iowa. The southern Iowa farm consists of a total of 101.22 FSA tillable acres with a CSR2 soil rating of 45.7, and includes a no-till conservation plan with a corn/soybean...Wayne County, Iowa Land Auction – Mark your calendar for Friday, February 10th, 2023 at 10:00 AM! Peoples Company is pleased to be representing the Frederick H. Brown Family Trust in the sale of 120 total acres m/l located approximately six miles northeast of Millerton, Iowa, and approximately three miles directly west of Confidence, Iowa. The southern Iowa farm consists of a total of 101.22 FSA tillable acres with a CSR2 soil rating of 45.7, and includes a no-till conservation plan with a corn/soybean rotation. Primary soil types include Seymour silt loam, Seymour silty clay loam, and Edina silt loam. Currently, there are 94.04 acres being farmed. The balance includes wooded timber draws and a small pond on the northern end of the farm, which may provide additional recreational opportunities. Visit our website for more information regarding this Auction!
  • Listed by: Matt C Adams 515.423.9235 Matt@PeoplesCompany.com • Peoples Company
Listing closed: 03/27/2023 12:00 AM • Source: NoCoast MLS, MLS#: 6304851
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Recent comparable sales

Median sold price

$484,800

Avg days on market

67

Sale-to-list ratio

89.6%

Russell, IA

9 comparable properties found

$890,000 | 0 303rd Trail, Russell, IA 50238
1/28
1

$890,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
298
Acres
$525,000 | - 574th Street, Russell, IA 50238
1/58
2

$525,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
192
Acres
$484,800 | Xx 440th Street, Russell, IA 50238
1/2
3

$484,800

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
63.67
Acres
$233,151 | 0 300th Avenue, Russell, IA 50238
1/18
4

$233,151

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
101
Acres
$390,000 | 48050 337th Trail, Russell, IA 50238
1/33
5

$390,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
42
Acres
$345,000 | 0 280th Avenue, Russell, IA 50238
1/20
6

$345,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
100
Acres
$1,650,000 | 320th Avenue, Russell, IA 50238
1/38
7

$1,650,000

Sold 02/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
320
Acres
$1,080,000 | 29604 547th Street, Russell, IA 50238
1/47
8

$1,080,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
360
Acres
$43,000 | 26601 407th Street, Russell, IA 50238
1/4
9

$43,000

Sold 05/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.3
Acres

Location

Listing Courtesy of Peoples Company

Sold By Peoples Company

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Payment Calculator

$3,995 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,844

Property Taxes

$151

HOA Dues

$0

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Property Information for Timber Road

Property Details

  • Taxes: $1,814 / year
  • MLS Type: Farm / Farm
  • County: Wayne County
  • Zoning Description: Agriculture

Building Information

  • Lot Size: 120.00 AC

Summary

Location and General Information
  • Directions: From Chariton, IA: Travel S out of town on Iowa HWY14 for approx 11 miles to County HWY J22. Turn left (E) and continue for approx 5.50 miles to S50/190th Street and turn left (N). Continue for 1.50 miles to Timber Road, turn right (E) and continue for 1 mile, and farm will be on the north side.
Taxes and HOA
  • Association Name: RLIT
  • Parcel Number: 040H17100003
  • Tax Annual Amount: $1,814.00
  • Tax Year: 2022

Property

Lot Information
  • Lot Size Acres: 120.0
  • Lot Size Square Feet: 5227200.0
  • 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 Timber Road

DateEvent & SourcePriceAppreciation
Mar 27, 2023

Sold

NoCoast MLS #6304851

$720,000
—
Feb 22, 2023

Contract Signed

NoCoast MLS #6304851

—
—
Dec 27, 2022

Listed (Active)

NoCoast MLS #6304851

$1
—
DateEvent & SourcePrice
03/27/2023

Sold

NoCoast MLS #6304851

$720,000
02/22/2023

Contract Signed

NoCoast MLS #6304851

—
12/27/2022

Listed (Active)

NoCoast MLS #6304851

$1

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

Schools near Timber Road

This home is within Wayne Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Wayne Elementary School
PublicPK to 6

Wayne Community Jr-Sr High School
Public7 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: Timber Road, Russell, IA 50238
$720,000
–
–
–
5,227,200
–
3
1
1,950
1,655,280
–
–
–
800
805,860
–
3
1
1,700
1,742,400
$15,000
4
1
1,680
57,064
$100,000
4
1
1,522
1,698,840

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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 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.