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1614 Village Creek Dr
Lansing, IA 52151
$799,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
High Point Land company is honored to present an excellent opportunity to purchase nearly 60 acres in the famed Village Creek Valley just outside of Lansing, IA. This stunning property has so much to offer to many buyer types in an area that seems to never become available for purchase. The property is 59.78 deeded and unrestricted acres consisting of two North/South hardwood timber ridges with access from the bottom from the south on one and top eastern access on the other. The private driveway was recently redone, allowing better access and maintenance to the home, which is located on the top of the hill. The ranch style home is a very clean 3 bed 3 bath, consisting of easy clean vinyl flooring throughout, 2 stall heated attached garage, large deck, concrete patio, and walk out basement with a wet bar downstairs. My favorite features about the house are the deck overlooking the pond and north food plot, and the incredible view of morning sunrises from the back yard. Every time I have driven up the driveway to the house, the entire yard and food plot have been loaded with deer. The hunting on the farm is exceptional for a tract of this size. The current owner has had many Boone and Crockett bucks on camera in the last 3 years on this property, and a ton of daylight activity from mature deer. There is a 5ac food plot currently in a corn and soybean rotation on the north side of the property with an additional 3-4 acres of clover and turnip plots. The property is also brimming with turkeys among other wildlife and has extensive timber and water improvements to ensure the wildlife have everything they need to stay here. The other improvements on this property include a 28 x 30 heated shop with a concrete floor and electricity. This is currently used for storing the owner's pontoon due to the close proximity to the Mississippi River as well as equipment for maintaining the property. There is also a large 51 x 128 hay shed currently being rented to a neighbor for storing large farm equipment. Property Address: 1614 Village Creek Dr, Lansing, IA 52151 Property Features: 2 Story Home in Excellent Condition Pond Walk out Basement Huge Whitetail Deer History Multiple Water Sources Including Spring Stunning Views from the Home and Outdoor Fire Pit Close to Excellent Walleye, Bass, Northern, and Trout Fishing Southern and Eastern Exposure South Facing Cedars Extensive Bedding Habitat Improvements Many Grain and Green Food Plot Locations (Over 7 Acres) Great Trail System Access Mixed Hardwood Timber Large Hay Barn in Great Shape Heated Double Bay Shop with Concrete Floor Heated Garage with Concrete Floor
Property Information
Lot Size
59 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
11263803
Location
Address
1614 Village Creek Dr
City
Lansing
State
IA
Zip Code
52151
County
ALLAMAKEE
Listing
Provider
High Point Realty & Auction, original listing
Name
High Point Realty & Auction
Phone
(507) 218-1243
Office Name
High Point Land Company, LLC
Office Phone
(507) 218-1243
Agent Name
Jacob Hart

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.