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SALE PENDING!
SALE PENDING!OPEN HOUSES OCT. 14 & 18
Est. 5.33± Acres · Home & Outbuildings Near Council Bluffs
11475 240th St, Council Bluffs, Iowa · Pottawattamie County · Keg Creek Township
ASKING PRICE$550,000
Two-story home on est. 5.33± acres1 / 15
5.33±Est. acres
4Bedrooms
2.5Baths
2,328Sq. ft. + finished basement
40×80Pole shed
24×60Historic barn
Property Overview
Acreage living on the south side of Council Bluffs. This est. 5.33± acre home place pairs a well-kept 1952 two-story with a 40×80 pole shed, a 24×60 historic barn in excellent condition, and a detached 2-car garage, all framed by mature trees on flat, usable ground.
Inside are 4 bedrooms and 2.5 baths, a den with built-in bookshelves, a sunroom/office off the kitchen, and a finished lower level with a brick fireplace and wet bar. All appliances are included. The open lot is large enough for horses, livestock, gardens or recreation.
Only ¼ mile from a hard-surface road, a short distance to the Wabash Trace, and in the Lewis Central School District. Written offers will be reviewed Wednesday, October 21, 2026 at 2:00 p.m.
Property Video
Property Details
Asking price$550,000
AcresEst. 5.33±, subject to final plat & survey
LocationPt. Sec. 30-74-42, Keg Creek Twp.
Year built1952 · two-story
Living area2,328 SF (per assessor)
BasementFinished · fireplace, wet bar
Heat / A/CPropane heat · electric A/C
Propane tank1,000 gal · conveys
WaterPrivate well · county tested
SewerNew septic (2021) · passed inspection
DrivewayPrivate · not shared with farm
AppliancesAll included
SchoolsLewis Central
Est. taxes$3,600/yr, subject to plat & survey
Outbuildings & Grounds
Map & Directions
From Hwy 275: At Hwy 275 & Pioneer Trail, head northeast on Pioneer Trail approx. 4 miles. Turn south on 240th St and go approx. ¾ mile.
From Hwy 92: Head south on 240th St approx. 3.5 miles.
From Brothers Ave: Head north on 240th St approx. 2.5 miles.
Property is on the east side of the road. Look for the signs! GPS: 11475 240th St, Council Bluffs, IA 51503 · 41.1809, -95.7264
Terms of Sale
- Written offers reviewed Wednesday, Oct. 21, 2026 at 2:00 p.m. Offers must include a pre-approval letter or proof of funds.
- Earnest money of 2% of the purchase price due upon acceptance.
- Closing on or before January 20, 2027. Possession at closing.
- Buyer to reimburse Sellers for propane remaining in the 1,000-gal tank at closing.
- Acres and boundaries subject to final plat & survey, at Sellers' expense. Lump-sum sale; price not adjusted for surveyed acres.
- Grain bins south of the pole shed are not included; electric split and separate meter at Sellers' expense.
- Sellers reserve the right to accept or reject any and all offers.
Documents
ALSO AVAILABLE
Brandt Farmland · 539 Est. Acres in 3 Tracts
Surrounding farmland offered separately by sealed bid. Bids due December 10, 2026 at 10:00 a.m.
Agency disclosure: Midwest Ag Services, Inc. and Evan Summy, Broker, represent the Sellers in this transaction.
Disclaimer: Information was obtained from sources believed to be reliable but is not guaranteed. Acres, boundaries, square footage and taxes are estimates; acres and boundaries are subject to final plat & survey. Prospective buyers should verify all information and conduct their own inspections.
Sellers: Brandt Land Co.
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