$20,000
SOLD SEP 9, 2025

114 Arrowhead Rd Melrose, IA 52569

0.1 Acre
$200,000 Price per Acre
4,356 Sq Ft Lot

Recently Sold

43% Below List Price

77 Days on Market

About This Lot

As of September 2025

Don't miss this exceptional opportunity to own a beautiful vacant lot in the sought-after Indian Ridge development, just minutes from the shores of Rathbun Lake. This peaceful and private parcel is ready for your dream cabin, getaway, or full-time residence. This property is perfect for outdoor lovers and lake-goers. Enjoy quick access to boating, fishing, hiking, and all the recreational opportunities Rathbun Lake has to offer. Whether you're looking to build now or invest for the future, this is a rare find in a growing lake community.

Last Agent to Sell the Property

Andrea Tilley

Hometown Realty Brokerage Phone: 641-437-1060 Listed on: 06/05/2025

Last Buyer's Agent

Andrea Tilley

Hometown Realty Brokerage Phone: 641-437-1060 Listed on: 06/05/2025

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Mls Id: NOC28621
  • Subdivision Name: INDIANRIDGE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Possible Use: Recreational

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Name: SEIA

Lot Info

  • Lot Dimensions: ***
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Sep 9, 2025
Sold by
Poindexter Brian and Poindexter Mary P
Bought by
Byers Dustin W and Byers Melanie
Seller's Agent
Andrea Tilley
Hometown Realty
Buyer's Agent
Andrea Tilley
Hometown Realty
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%
Views
6
Current Estimated Value
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
175.57%
Original Mortgage
$16,000
Outstanding Balance
$15,598
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$14,402

Purchase Details

Closed on
May 30, 2024
Sold by
Poindexter Grant and Poindexter Patricia A
Bought by
Poindexter Brian
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $20,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2025 09/09/25 Sold $20,000 -42.9% --
08/21/2025 08/21/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $35,000 -- --
Source: NoCoast MLS

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
2025 $134 $8,990 $8,990 $0
2024 $474 $9,880 $9,880 $0
2023 $504 $36,010 $9,880 $26,130
2022 $382 $32,230 $9,880 $22,350
2021 $362 $24,840 $4,940 $19,900
2020 $362 $21,620 $4,940 $16,680
2019 $358 $20,690 $3,950 $16,740
2018 $358 $20,690 $3,950 $16,740
2017 $346 $20,365 $0 $0
2016 $372 $20,365 $0 $0
2015 $372 $19,575 $0 $0
2014 $366 $19,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6328398

NoCoast MLS

APN: 040F01400114