$62,500
SOLD JUL 23, 2025

101 Station St Shelby, IA 51570

2 Beds
1 Bath
1,035 Sq Ft
0.26 Acres

Recently Sold

$60 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • 1 Car Detached Garage
  • Vinyl Flooring

About This Home

As of July 2025

Affordable opportunity in the quiet town of Shelby! This 2-bedroom, 1-bath home sits on a spacious corner lot and features vinyl siding, a detached garage, and plenty of potential. With a little TLC, you can make it your own and build instant sweat equity. Located just a short drive from Council Bluffs, Shelby offers small-town charm and peaceful living. Whether you're a first-time buyer, investor, or DIY enthusiast, this property is worth a look!

Last Agent to Sell the Property

AJ Schmidt

eXp Realty LLC Brokerage Phone: 712-310-6119 License #20120339 Listed on: 05/22/2025

eXp Realty LLC

Last Buyer's Agent

Non Member

Non Member office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1922

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100 x 62 x 140 x 140
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Foundation
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,035 Sq Ft Home
  • Vinyl Flooring
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 832921000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Parcel Number: 832921000100
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 100 x 62 x 140 x 140
  • Ownership: Fee Simple
  • Directions: GPS
  • Above Grade Finished Sq Ft: 1035
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Attribution Contact: M: 712-310-6119
  • Special Features: None

Interior Features

  • Basement: Partial
  • Appliances: Range, Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 1035
  • Main Level Bathrooms: 1
  • Bedroom 1 Level: Main Floor
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bathroom Features: None

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Exterior Features: None
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Other
  • Elementary School: Other
  • Junior High Dist: Other
  • Middle Or Junior School: Other

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1/4 up to 1/2 Acre, City Lot, Corner Lot

Green Features

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1018

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Sorensen Andrew R and Sorensen Katherine M
Bought by
Chimney Rock Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,496,921
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,409,475

Purchase Details

Listed on
Sep 24, 2012
Closed on
Mar 29, 2013
Sold by
Larson Alan R and Larson Nancy J
Bought by
Sorensen Andrew R
Seller's Agent
Randy Ouren
Ouren Real Estate
Buyer's Agent
Roxanne Linde
Ouren Real Estate
List Price
$55,000
Sold Price
$43,100
Premium/Discount to List
-$11,900
-21.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$3,017
Interest Rate
3.46%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Warranty Deed $43,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 Credit Line Revolving
Previous Owner $33,000 Credit Line Revolving
Previous Owner $3,017 Unknown
Previous Owner $34,350 VA
Previous Owner $34,350 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $62,500 -3.8% $60 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $65,000 0.0% $63 / Sq Ft
06/24/2025 06/24/25 Price Changed $65,000 -7.1% $63 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $70,000 +62.4% $68 / Sq Ft
04/01/2013 04/01/13 Sold $43,100 -21.6% $42 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $55,000 -- $53 / Sq Ft
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,018 $86,358 $13,067 $73,291
2023 $812 $86,358 $13,067 $73,291
2022 $812 $59,811 $10,890 $48,921
2021 $790 $59,811 $10,890 $48,921
2020 $632 $51,659 $10,890 $40,769
2019 $612 $49,514 $0 $0
2018 $558 $49,514 $0 $0
2017 $558 $49,514 $0 $0
2016 $630 $52,186 $0 $0
2015 $630 $49,030 $0 $0
2014 $582 $49,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22513881

Great Plains Regional MLS

APN: 832921000100