Property Description

Guthrie County, Iowa Online-Only Land Auction! Pleased to be representing FN'J Farms LLC in the sale of 80 acres m/l located directly north of Menlo, Iowa, on Rose Avenue. The farm will be offered as two separate tracts offering pasture ground, existing fencelines, and a rural acreage site. These tracts will be sold via an online-only auction with bidding concluding at 1:00 PM CST on Thursday, April 30th, 2026. Tract 2 consists of 4.37 surveyed acres, with a 1.5-story house with 1,238 SF, a machine shed built in 2004 with 1,350 SF & a barn built in 1960 with 720 SF. With fences and outbuildings in place, this property is situated perfectly for someone who is looking for a place to have a small herd of livestock. The house is located at 3115 Rose Avenue, Menlo, IA 50164, and there will be an open house on Saturday, April 18th, from 1-3 P.M. CST. The outside of the house is in solid condition, but the inside of the house is in the middle of a remodel, and the property is being sold As-Is. This house provides the perfect opportunity for someone who is looking to add instant equity and is not afraid of a little extra work to turn this into the perfect acreage setting just outside of Menlo. There is a Goodman furnace that was installed in March of 2021, but it is not hooked up to propane yet. The furnace has been stubbed, and there is a line going to the outside. It will be the new owner's responsibility to have the propane tank installed. The septic is up to code.

Property Features