$510,000
SOLD JAN 10, 2025

1922 M Ave Marengo, IA 52301

2 Beds
1 Bath
1,048 Sq Ft
41.08 Acres

Recently Sold

$487 Per Sq Ft

21% Below List Price

56 Days on Market

Highlights

  • Barn
  • 41.08 Acre Lot
  • Pond
  • Mary Welsh Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of January 2025

This property presents a unique opportunity in Iowa County, featuring 41 M/L acres of land and two outbuildings with concrete floors, making it a rare and desirable find. Situated along a hard surface road, the property offers stunning views of the countryside and a private pond, creating a picturesque and idyllic setting. The home on the property serves as a blank canvas, awaiting a new owner to unleash its full potential. Whether you envision a peaceful country estate, a hobby farm, or a private sanctuary surrounded by nature, this one-of-a-kind acreage provides the perfect backdrop for bringing your dreams to life. Embrace the opportunity to make this property your own and enjoy the beauty and tranquility of Iowa County from this prime location. Property is being sold AS-IS.

Last Agent to Sell the Property

Lexi Belland Perez

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Lexi Belland Perez

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1981

Lot Details

  • 41.08 Acre Lot
  • Open Lot
  • Private Yard
  • Property is zoned Agriculture

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,048 Sq Ft Home
  • Separate Formal Living Room
  • Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Pond
  • Deck
  • Outbuilding

Schools

  • Wmbg-Mary Welsh Elementary School
  • Williamsburg Middle School
  • Williamsburg High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private or Community Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 061902020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,546

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1048
  • Homebuilder: Unknown
  • Owner Name L F Mi: Estate of Dirk Rathjen
  • Ownership Type: Acreage
  • Photo Code: Complete
  • Remarks: RSVD: Buggy and milk tank. Fuel tank by the barn stays with the property. Water is currently shut off. Garage door opener is not functioning. Please use caution on the deck. Please allow 48 hour response time on all offers. Due to the estate, it is unknown if the LP tank is owned or rented Septic system is being sold AS-IS due to the estate. Free standing cattle gates, head gate, hay, water tank, bail rings, tractor, skid loader, and electric fence are tenants.
  • Year Built: 1981
  • Tax Year Report: 2023
  • Directions: I-80 to Exit 216, N. on M Ave.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Poured Concrete, Full, Unfinished
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: 5+ Acres, Open Land, Pond, Private Backyard
  • Possession R: At Closing
  • Possible Finance R: Conventional
  • Stories Style R: Ranch
  • Remarks2: This property presents a unique opportunity in Iowa County, featuring 41 M/L acres of land and two outbuildings with concrete floors, making it a rare and desirable find. Situated along a hard surface road, the property offers stunning views of the countryside and a private pond, creating a picturesque and idyllic setting. The home on the property serves as a blank canvas, awaiting a new owner to unleash its full potential. Whether you envision a peaceful country estate, a hobby farm, or a private sanctuary surrounded by nature, this one-of-a-kind acreage provides the perfect backdrop for bringing your dreams to life. Embrace the opportunity to make this property your own and enjoy the beauty and tranquility of Iowa County from this prime location. Property is being sold AS-IS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1048
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Barn, Deck, Outbuildings

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Wmbg-Mary Welsh
  • Middle School: Williamsburg
  • High School: Williamsburg
  • High School: Williamsburg
  • Jr Middle School: Williamsburg
  • Elementary School: Wmbg-Mary Welsh

Lot Info

  • Acreage: 41.08
  • Geo Subdivision: IA
  • Lot Dimensions: 41.08
  • Zoning: Agriculture

Tax Info

  • Gross Tax County City: 2601.9
  • Assessor Parcel Number: 061902020

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $510,000 -15.0% $487 / Sq Ft
12/04/2024 12/04/24 Price Changed $599,900 -7.6% $572 / Sq Ft
10/24/2024 10/24/24 For Sale $649,000 -- $619 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,546 $187,520 $39,220 $148,300
2023 $2,456 $187,520 $39,220 $148,300
2022 $2,384 $153,360 $31,160 $122,200
2021 $2,262 $155,810 $33,610 $122,200
2020 $2,200 $140,130 $33,250 $106,880
2019 $2,184 $140,130 $33,250 $106,880
2018 $2,096 $154,920 $46,860 $108,060
2017 $2,054 $154,920 $46,860 $108,060
2016 $2,174 $160,580 $48,440 $112,140
2015 $2,174 $172,300 $60,160 $112,140
2014 $2,172 $170,300 $57,780 $112,520
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $466,650 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Fiduciary Deed $510,000 None Listed On Document
Fiduciary Deed $549,000 None Listed On Document
Source: Public Records

Source: Iowa City Area Association of REALTORS®

MLS Number: 202406013

Iowa City Area Association of REALTORS®

APN: 06-19-0202-0