0000 Hwy T38N Highway, Grinnell, IA 50112
Jasper County
Key Facts
Description
Exceptional investment, farming, hunting, and recreational opportunities come together in this newly listed, legacy farm—held within the same family for over 70 years. Ideally located just 5 miles southwest of Grinnell, this property offers a rare blend of privacy and accessibility, with convenient commuting distance to Des Moines. Just blocks away lies Oakland Acres Golf Course, an 18-hole course that enhances both lifestyle appeal and long-term value. This farm is uniquely positioned for premier hunting and outdoor recreation. It directly adjoins Jacob Krumm Nature Preserve and sits just 2 miles east of Rock Creek State Park—both protected areas with no hunting allowed. This creates a natural sanctuary effect, drawing and holding wildlife, and supporting truly exceptional hunting opportunities. Whitetail deer, turkey, and pheasant thrive here, supported by dense cover, miles of edge habitat, and a well-established mix of CRP and native grasses designed to grow and hold mature bucks. Beyond recreation, the farm offers strong agricultural value with impressive CSR2 soils averaging close to 80—making it a highly productive and desirable land investment. The surrounding community adds even more appeal. Grinnell is a vibrant college town of nearly 10,000 residents, ideally situated between Des Moines and Iowa City. Known as the “Jewel of the Prairie,” Grinnell offers over 30 locally owned eateries, from acclaimed bakery and a highly regarded school district.
Property Information
Property Type
Land
Lot Size
148.00 acres
Zoning
Ag
Days on Market
72
MLS® Listing#
738893
Property Features
Financial Details
Annual Taxes
$4,100
Parcel Number
1026100004, 1026300002, 1026300005, 1026300001, 10
Directions
From Des Moines drive east on Interstate 80 for 50 miles and take Oakland Acres Golf Course exit and travel north for half mile
Affordability Calculator
$358,000
Estimated monthly payment
$9,527/mo
Principal $1,432,000 · Est. interest $1,997,767 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grinnell, IA
- $256,410
- Median Listing Price
- 52
- Median Days on Market
- 1,824
- Median Sq Ft
- $132
- Median Price / Sq Ft
- 68
- Active Listings
- This home’s price is 598% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2048 West Street S, Grinnell, IA | $1,300,000 | — | — | 1,708 |
| 725 Spring Street, Grinnell, IA | $1,415,000 | — | — | 18,092 |
| 1109 E 132nd Street N, Grinnell, IA | $1,600,000 | — | — | — |
| 505 Lang Creek Avenue, Grinnell, IA | $2,213,722 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Midwest Land Group LLC - 9136748010