$689,900
$50K PRICE DROP

1011 Iowa 15 Armstrong, IA 50514

Estimated payment $4,252/month

Total Views 5,227
7 Beds
5.5 Baths
5,417 Sq Ft
$127 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Open-Concept Dining Room
  • Lake View
  • Beach Access
  • Lake On Lot
  • Vaulted Ceiling

About This Home

Lakefront Luxury on Iowa Lake – 6 Bed | 5 Bath | 164' of Private Lakeshore Welcome to your own private oasis on the shores of beautiful Iowa Lake! This exceptional 6-bedroom, 5-bathroom home sits on nearly 1 acre and boasts 164 feet of private lakeshore, offering peaceful views and endless opportunities for waterfront living. From the moment you step into the two-story great room, you'll be captivated by stunning panoramic views framed by dramatic A-frame windows. The open-concept main level includes a spacious chef’s kitchen with a large island, walk-in pantry, and generous dining area—perfect for hosting family and friends. A luxurious primary suite offers lake views and a private ensuite, while a second main-floor bedroom (or office) features its own full bath. Main-floor laundry adds convenience. Downstairs, the walk-out lower level provides two large bedroom suites, a spacious second living area, and multiple recreation rooms—ideal for guests, entertaining, or multi-generational living. Outside, the oversized 3-car garage offers room for all your toys, from boats to bikes, and the expansive lot gives you space to relax, garden, or play. Whether you're enjoying morning coffee on the deck, evening sunsets by the shore, or year-round lake activities, this property delivers the very best of Iowa Lake living. Schedule your private tour today and discover what makes this lakefront gem truly one of a kind.

Listing Agent

Nancy Vierkant

EXIT Realty Midwest License #S58096 Listed on: 05/15/2025

EXIT Realty Midwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 2005

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 164x240
  • Low Bank Waterfront Property
  • Landscaped
  • Few Trees

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Wood Siding
  • Log Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 5,417 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Open-Concept Dining Room
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Lake On Lot
  • Patio

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Septic System
  • Cable TV Available

Community Details

  • Oak Shores Gene HOA, Phone Number (515) 490-9784
  • Oak Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0412251003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,020

Year Built

Built in 2005

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 2005
  • Levels: Two
  • Stories: 2
  • Architectural Style: TWO STORY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable TV, Ceiling Fan(s), Eat-in Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Main Floor Bedrooms, Main Floor Laundry, Natural Woodwork, Pantry, Sky Light, Smoke Alarms, Tiled Floors, Vaulted Ceilings, Walk-in Closet, Washer/Dryer Hkups, Window Coverings
  • Fireplace Features: Gas
  • Total Bedrooms: 7
  • Total Bathrooms: 6
  • Bathroom Description: 2 Basement Baths, 2 Master Baths, Full Basement, Full Master, Main Floor 3/4 Bath, Private Master, Separate Tub & Shwr, Upper Level Bath
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Dining Room: Breakfast Nook, Combine with Kitchen, Eat-in, Informal, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 127.36
  • Total Sq Ft: 5697
  • Above Grade Finished: 3587
  • Below Grade Finished: 1830
  • Fireplace: Yes
  • Finished Sq Ft: 5417
  • Basement Features: Daylight/Lookout Wnd, Finished-Full, Walkout

Exterior Features

  • Construction: Manufactured/Modular
  • Construction Materials: Log, Wood Siding
  • Exterior Features: Dock, Driveway-Gravel, Patio
  • Flood Zone: Unknown
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 164
  • Waterfront Name: Iowa Lake
  • Water Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3

Utilities

  • Cooling: Central
  • Fuel: Other, Propane
  • Heating: Heat Pump
  • Sewer: Septic
  • Water Source: Shared
  • Electric: Breakers

Condo/Co-op/Association

  • Complex Development Subdivision Name: Oak Shores
  • Association Fee: Yes
  • Association Fee: 75
  • Association Fee Frequency: Monthly

Association/Amenities

  • H O A Name: Oak Shores - Gene
  • H O A Phone: 515-490-9784

Schools

  • School District: North Union

Lot Info

  • Parcel Number: 0412251003
  • Estimated Acres: 0.9
  • Lot Features: Accessible Shoreline, Lake View, Landscaped, Low Bank, Tree Cover-Medium
  • Estimated Lot Dimensions: 164x240
  • Lot Sq Ft: 39360
  • Number Of Lots: 1

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 5020
  • Tax Classification: Homestead
  • Tax Year: 2023

MLS Schools

  • School District: North Union

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,020 $507,500 $117,100 $390,400
2023 $5,394 $507,500 $117,100 $390,400
2022 $5,328 $467,200 $117,100 $350,100
2021 $5,328 $467,200 $117,100 $350,100
2020 $5,108 $436,000 $104,400 $331,600
2019 $4,968 $414,700 $0 $0
2018 $4,940 $414,700 $0 $0
2017 $9,908 $415,100 $0 $0
2016 $4,954 $415,100 $0 $0
2015 $4,954 $395,300 $0 $0
2014 $4,774 $395,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $689,900 -6.8% $127 / Sq Ft
05/15/2025 05/15/25 For Sale $739,900 -- $137 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 Credit Line Revolving
Closed $10,000 New Conventional
Closed $341,925 New Conventional
Closed $20,000 Credit Line Revolving
Closed $395,995 New Conventional
Closed $10,000 Credit Line Revolving
Closed $374,000 New Conventional
Closed $12,000 Unknown
Source: Public Records

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 250568

Iowa Great Lakes Board of REALTORS®

APN: 0412251003