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30196 S Marshalltown, Conrad, IA, 50621

--beds
--baths
0sqft
$702,000
--price/sqft
$4,919/moest. monthly cost
$196,760/yrincome needed

About This Home

Located in one of Iowa's premier agricultural regions, this highly productive tillable farm offers a rare opportunity to own premium Iowa farmland in southern Grundy County. The property is conveniently located approximately 3 miles northwest of Conrad, Iowa, with excellent frontage along Highway 14, providing outstanding accessibility and long-term investment appeal. The farm consists of 36+/- gross acres featuring approximately 35.37+/- FSA cropland acres with an exceptional CSR2 soil rating of 98.4! The property's nearly level topography and outstanding soils rank among the very best in Iowa, making it an excellent addition to any farming operation or investment portfolio. The property is currently leased through February 28, 2027. The existing lease has been properly terminated, allowing the buyer to receive open agricultural possession beginning March 1, 2027. This gives the new owner the flexibility to farm the property themselves, negotiate a new cash rent lease, or select their own tenant. The sellers will retain all cash rent income under the current lease. Smaller, high-quality farmland tracts with excellent highway access and nearly perfect soils seldom become available in Grundy County. Whether you are a neighboring farmer looking to expand, an investor seeking a stable land investment, or completing a 1031 exchange, this premier property deserves your consideration.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

9/10
BCLUW Elementary SchoolGrades PK-43.1 mi
4/10
BCLUW Middle SchoolGrades 5-88.5 mi
7/10
BCLUW High SchoolGrades 9-123.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Farm

Property

Details

  • Parcel number: 861814200003
  • Zoning: Agriculture

Lot

  • Lot size: 36 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Drought
Hail
Strong Wind
Winter Weather
Inland Flooding
Tornado

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,549$42,588
Home Insurance *$559$6,708
Property Taxes $690$8,280
Electricity $121$1,452
Total$4,919$59,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,651/yr
40% on housing$147,570/yr
45% on housing$131,173/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 14.3%
14.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 50621$55
Grundy County$114

vs Homes Sold Last Month

Median $/sqft

ZIP 50621$148
Grundy County$96

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$702,000
2026-08-03Listed for sale$702,000

For Sale by Agent

AgentNick Skinner
BrokerageIowa Land Company

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