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Monona County, IA · Sold

IA-431330

3947 County Road 244

$20,700
$14,375/ac · 1.44 ac
Acreage1.44 ac
Price per acre$14,375/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMar 7, 2025
Coordinates42.0791, -95.8721
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Monona County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Monona market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands24.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power61 ft away

Power at or near the road.

Buildable area1.03 of 1.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,493
$18,300$22,687 · $14,231/ac on 1.44 ac
Asking vs estimate
+1.0%
In line with the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $20,700
Maximum allowable offer
$11,710
$8,132/ac · +30.0% target margin

You need $8,990 off asking to hit this margin.

All-in cost$12,705
Net resale$18,854
Projected profit$6,148
ROI+48.4%
Annualized+69.3%
Break-even resale$9,590/ac
Profit if resale lands off target
-20%
$2,378
-10%
$4,263
0%
$6,148
+10%
$8,034
+20%
$9,919
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-130215
Gravel · Full utilities
0.6Jul 27, 2026$10,40016,26813,2547.9 mi
74
IA-933555
Landlocked · Off grid
7.2May 23, 2025$61,6008,52916,3790.2 mi
60
IA-813633
Gravel · Off grid
7.6May 14, 2025$90,60011,85815,5573.8 mi
60
IA-932728
Landlocked · Off grid
4.0Apr 4, 2024$28,2007,11013,8637.2 mi
56
IA-383631
Dirt · Power at road
7.6Dec 11, 2023$67,4008,83712,11010.6 mi
55
Show adjustment detail for the top comp
  • Tract size (0.64 ac → 1.44 ac)-0.8%
  • Utilities (Full utilities → Power at road)-18.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.