Located 4.2 miles from the intersection of Highway 169 and Hickman Road in Adel, this farm lies in the path of future Adel expansion. According to the Envision Adel 2040 Comprehensive Plan, the property is located at the intersction of two future arterial streets. Tract two features a 1,248 Sq ft Wausaa Home built in 1976 with a fiireplace, The home has a new boiler system, and comes with dishwasher, stove, and refrigerator included. There is a one car attached garage and full basement, The home is in excellent condition either for a Buyer to occupy or as a rental property. House has been generating $2,100 per month income. There is also a 40 X 66 steel frame machine shed with concrete floor on the included acreage. The house is on Xenia Rural Water.
Property Details
Property Features
Listing Office:
Office Name: Farmers National Company
Office Phone: (515) 221-9950
Listing Agent: Thomas Schutter
Lot Features
Lot Information:
Lot Size: 204.50 Acres
Other
Directions Information:
Directions: From the intersection of Highway 6 (Hickman Road) and Highway 169 in Adel, take 169 south one mile to Meadow Road. Take Meadow Road west and south 2.4 miles to the intersection of 312th and Meadow Road. Continue south on Meadow Road 3/4 mile to the farm house driveway. Farm lies to the west of Meadow Road.
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Tax Information:
Annual Amount: $2,762
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,461
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
DeSoto Intermediate
317 Spruce St
Distance between this listing and this school3.14 miles
Public District Grades 3-5
7
/10
Van Meter Elementary School
520 1st Ave
Distance between this listing and this school5.62 miles
Public District Grades KG-5
7
/10
Earlham Elementary
535 N Chestnut Ave
Distance between this listing and this school6.77 miles
Public District Grades PK-6
Nearby Schools
9
/10
ADM Middle School
801 Nile Kinnick Dr S
Distance between this listing and this school2.93 miles
Public District Grades 6-8
8
/10
Van Meter Middle School
520 1st Ave
Distance between this listing and this school5.62 miles
Public District Grades 6-8
3
/10
Earlham Middle School
535 N Chestnut Ave
Distance between this listing and this school6.77 miles
Public District Grades 7-8
Nearby Schools
9
/10
ADM High School
801 Nile Kinnick Dr S
Distance between this listing and this school2.93 miles
Public District Grades 9-12
8
/10
Van Meter High School
520 1st Ave
Distance between this listing and this school5.62 miles
Public District Grades 9-12
6
/10
Earlham High School
535 N Chestnut Ave
Distance between this listing and this school6.77 miles
The neighbors living near this home have an average income of $82,933. Residents of Adel, IA typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 32141 Meadow Rd
What is the listing price of this property?
The listing price of 32141 Meadow Rd property is $2,800,000.
What type of property is this?
The property 32141 Meadow Rd is land located in Adel, Iowa, 50003.
Is this property for sale now?
Active Listing: 32141 Meadow Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,762 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 32141 Meadow Rd in Adel, IA and zip code 50003. This home sits on a 204.50 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $2,800,000.
Adel, IA housing market in November 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The number of homes for sale in Adel, IA decreased by 2.8% between October 2024 and November 2024. In November 2024 median list price was $363,245 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Figure Skating
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country