OFF MARKET

Off Market Aug 2022 for $1.8M

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sq ft

Neon Rd, Oelwein, IA 50662

About this home

Peoples Company is offering 120 acres m/l of excellent quality Fayette County, Iowa farmland located just NE of Oelwein. The farm will be offered at public auction in one individual tract on Wednesday, June 29th at 10:00 AM Central at the American Legion in Oelwein, Iowa. This well-tiled farmland consists of 111.84 FSA Cropland acres carrying a CSR2 of 89.1 with the major soil types being Kenyon and Clyde clay loams. Recent waterway and tile improvements have been done to create an outstanding opportunity for a farmer looking to add to their operation or an investor looking for a high-quality property to add to their portfolio. The farm is leased for the 2022 season and the second half rent payment will be paid to the Buyer. Three quarter mile long rows with multiple wide drives along the three road frontages make this land a farmer's dream. Don't miss your only opportunity to own this farm which is located along Neon Road, 60th Street, and N Avenue, Jefferson Township, Oelwein, IA.

RanchProperty Type

120 acresLot Size

Listed by Travis Smock • Peoples Company

Bought with Outside Agent-RLIT Outside Agent-RLIT • Outside Office

Redfin checked: a minute ago

•Source:IAR #6197911

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 50662, IA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

101.2%

+2.3% MoM

Median sale price

$127K

$8K MoM

Avg. days on market

63d

29 days MoM

Recently sold homes

2 MoM

New listings for sale

$177,000
3 beds1 bath1,053 sq ft
908 SW 3rd Ave, Oelwein, IA 50662
$105,000
2 beds1 bath979 sq ft
703 W Charles St, Oelwein, IA 50662
$79,900
4 beds2 baths1,665 sq ft
109 1st Ave. Ave NW, Oelwein, IA 50662
See all

Provided by Redfin

Sale history for Neon Rd

Date

Event

Price

IAR #6197911

Aug 30, 2022

Sold

$1,800,000

May 18, 2022

Listed

IAR #6106223

Dec 16, 2021

Sold

$1,005,949

Sep 27, 2021

Listed

76.79 acres, m/l, located 2 miles northeast of Oelwein, Iowa on the north side of 60th St. at Neon Rd. This level to gently rolling farm has 76.53 FSA/Eff. crop acres with a CSR2 of 89.18. This is a highly tillable farm with great soils that would make a great investment opportunity or addition to an existing farming operation. AUCTION TO BE HELD Thursday, October 28, 2021 at 10:00 a. m. Maynard Community Hall 135 3rd St. S Maynard, IA 50655 Contact Listing Agent for questions related to Co-op fees.

NEIRBR as distributed by MLS GRID #20194034

Mar 11, 2020

Sold

$40,000

Jul 31, 2019

Listed

$44,900

Public record

Beds

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Lot size

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Year renovated

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Year built

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Style

Vacant Land

County

Fayette County

APN

1811200005

Parking Spaces

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Basement

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Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Nov 22, 2024.

Property details

Exterior

Property Information
Property Type: Farm
Property Sub Type: Farm
Raw Mls Property Sub Type: Farm

Lot Information
Lot Size Acres: 120
Zoning Description: Agriculture

Financial

Tax Information
Tax Annual Amount: $4,340

Location

Schools Information
High School District: Oelwein

Location Information
Directions: Oelwein, travel N on HWY 150 for 2 miles to the HWY 3 intersection. Head E on HWY 150 for 0.4 mile to the 60th Street intersection along the curve. Travel E on 60th Street for 1.4 miles to Neon Road. The farm is located at the SE corner of the intersection with frontage along Neon Road, 60th Street.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Fayette County
APN: 1811200005

Home facts updated by county records on Nov 22, 2024

Around this home

Schools

Wings Park Elementary School

Public 1-4 • Assigned • 1.5mi

7/10

Oelwein Middle School

Public 5-8 • Assigned • 1.7mi

2/10

Oelwein High School

Public 9-12 • Assigned • 1.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Oelwein, IA • 50662

Average low and high temperatures (°F)

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Feb

Mar

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May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 3.9 hours in December, which is comparable to the U.S. average for solar exposure.

10 hrs

3.9 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 50662

$177,000

3 beds1 bath1,053 sq ft

908 SW 3rd Ave, Oelwein, IA 50662

$105,000

2 beds1 bath979 sq ft

703 W Charles St, Oelwein, IA 50662

$79,900

4 beds2 baths1,665 sq ft

109 1st Ave. Ave NW, Oelwein, IA 50662

Home values near Neon Rd

Data from public records.

Address	Redfin Estimate
4103 Neon Road, Oelwein, IA 4 Beds \| 2 Baths \| 2376 Sq. Ft.	$344,614
4475 Neon Road, Oelwein, IA 3 Beds \| 2 Baths \| 1804 Sq. Ft.	$198,842

Address	Redfin Estimate
5594 Neon Road, Oelwein, IA 4 Beds \| 1.5 Baths \| 1770 Sq. Ft.	$234,232
15584 40th Street, Oelwein, IA 5 Beds \| 3.5 Baths \| 2664 Sq. Ft.	$402,946

Address	Redfin Estimate
3535 Neon Road, Oelwein, IA 3 Beds \| 1.5 Baths \| 1520 Sq. Ft.	$246,822
4668 N Avenue, Oelwein, IA 5 Beds \| 4 Baths \| 3272 Sq. Ft.	$564,709

Property information provided by IAR when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 50662, IA

Sale history for Neon Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 50662

Home values near Neon Rd

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