NOT LISTED FOR SALE

114 Arrowhead Rd Melrose, IA 52569

Estimated Value: $20,000 - $35,000

0.1 Acre
$296,670 Price per Acre
4,356 Sq Ft Lot

Sale Details

Date Sold: September 9, 2025

Last sale price $20,000

Est. 48% increase in value since last sale

Current estimated payment $171 / mo

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Sep 9, 2025
Sold by
Bought by
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
$29,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,667
Avg. Annual Appreciation
65.78%
Original Mortgage
$16,000
Outstanding Balance
$15,598
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$14,069

Purchase Details

Closed on
May 30, 2024
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$20,000 None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $16,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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