Restricted Address ADEL, IA 50003

Features

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Facts

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Pre-Foreclosure Info

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Double parcel with over 21 acres of mostly wooded land and an amazing view of the Raccoon River. Completely private at the end of a dirt road in a beautiful and upscale neighborhood with no neighbors within visibility. Home is spacious at almost 1400 S.F. Huge outbuilding with plenty of room for your outdoor toys such as boats, 4-wheelers, trailers, etc and/or a home workshop. The home is in need of some work but with some sweat equity, you could have a totally private acreage with over 21 acres of land.