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0 450th Street 27.6 Acres of Agricultural Land Offered at $483,000 in Mystic, IA 52574



Investment Highlights
- Lakeside of property is located south of Islandview Park/Campground/Beach
- Close to Lake Rathbun Dam
- Boat dock located in Islandview park for easy Lake Rathbun access
Executive Summary
For Sale in Appanoose County, Iowa is a 27.60+/- Acre property located just south of the Islandview park area of beautiful Lake Rathbun, an 11,000 acre lake located in the rolling hills of Southern Iowa. This is a rare opportunity to purchase an acreage of this size so close to the lake. This would be a great spot for building or development. The Islandview boat ramp is located close by to make lake access extremely convenient. This acreage is within walking distance of the Islandview park, beach, dedication site and the dam. If you love nature, whether it be hunting, fishing, hiking, golfing, or boating this could be the location you’ve been looking for! This acreage is boardered by Corp of Engineers land on the lakeside. It's not restricted by HOA or subdivision covenants. Electric and water available at the road. These type of properties rarely come on the market and won't last long. Call today to schedule a showing. Listing broker has ownership in this property.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $483,000 | Property Subtype | Agricultural |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 27.60 AC |
| Property Type | Land | ||
| Zoning | Rural/Ag | ||
| Price | $483,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 27.60 AC |
| Zoning | Rural/Ag |
1 Lot Available
Lot
| Price | $483,000 | Lot Size | 27.60 AC |
| Price Per AC | $17,500.00 |
| Price | $483,000 |
| Price Per AC | $17,500.00 |
| Lot Size | 27.60 AC |
see abstract - NE1/4SE1/4SW1/4 and the East 32 rods of the SE1/4SE1/4SW1/4 and the SE1/4NE1/4SW1/4 all in Sec27 Twp70N Rng18 west of the 5th P.M. in Appanoose County, Iowa 27.60AC+/-
Description
This property is currently being used as farm ground. CSR2 is 61. Property is subject to tenant rights and currently planted in a row crop. The tenant will have access to the land until March 1st, 2026 unless an agreement can be made with tenant after all crops have been harvested in the fall. Do not drive on property or damage crops in anyway. Qualified buyers only. Listing broker has ownership in this property.
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Total Assessment | $42,250 | |
| Land Assessment | $42,250 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$42,250
Improvements Assessment
$0
Total Assessment
$42,250
Annual Taxes
($1)
Tax Year
2025
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0 450th Street
