$500,000
SOLD AUG 28, 2025

11461 Chariot Rd Elgin, IA 52141

7 Beds
2 Baths
6,240 Sq Ft
6.17 Acres

Recently Sold

$80 Per Sq Ft

9% Below List Price

105 Days on Market

About This Home

As of August 2025

6.17 Acres with Spacious 7-Bedroom Home & Multiple Outbuildings - A Rare Opportunity for Hobby Farmers, Entrepreneurs, Retreat Hosts, and more. Discover a one-of-a-kind 6.17-acre property designed for those who dream big — whether you're a hobby farmer, outdoor enthusiast, small business owner, or seeking your next short-term rental venture. Built in 2019, the spacious 7-bedroom, 2-bathroom home offers a modern yet rustic lifestyle with a large open kitchen, coal-fired stove, full walk-out basement, and energy-efficient spray foam insulation. The expansive attic and charming wrap-around porch with lower-level patio extend your living space with comfort and charm. The home is fully wired and ready for electrical hookup with a breaker panel already in place. But what truly sets this property apart are the seven versatile outbuildings, built to accommodate both your professional and personal pursuits: 43' x 50' Machine Shop with a 32' x 64' addition — includes a 1-bedroom, 1-bath living quarters, ideal for a workshop, rental, or home-based business. 50' x 100' Machine Shop (2020) — 16-foot spray foam-insulated sidewalls, concrete floors, and water access, perfect for equipment storage, manufacturing, or agricultural use. 30' x 36' Horse Stable — complete with stalls, ideal for livestock, horses, or animal rescue operations. 24' x 30' Crib and 24' x 26' Barn — use for feed, storage, or farming infrastructure. 16' x 20' Wash House — houses a solar-fed well, offering sustainable water for homesteading or animal care. 26' x 36' Garage with adjacent Hen House — a must-have for those who enjoy fresh eggs. This property runs primarily on gas, while the well’s solar-powered system adds an eco-conscious touch to your daily operations. Whether you're envisioning a working farm, vacation retreat, business compound, or multigenerational homestead, this property is ready to support your lifestyle with functionality, flexibility, and room to grow. Schedule your showing today and explore the potential this rare acreage has to offer!

Last Agent to Sell the Property

Amanda Pasket

Volga River Realty Brokerage Email: jeff@hawkeyetel.com License #S7130400 Listed on: 03/17/2025

Last Buyer's Agent

Amanda Pasket

Volga River Realty Brokerage Email: jeff@hawkeyetel.com License #S7130400 Listed on: 03/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 2019

Lot Details

  • 6.17 Acre Lot
  • Lot Dimensions are 316x815x337x811
  • Property is zoned A-R

Parking

  • No Garage

Home Design

  • 6,240 Sq Ft Home
  • Concrete Foundation
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Schools

  • N Fayette Valley Elementary School
  • North Fayette Valley Middle School
  • North Fayette Valley High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0520379001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,824

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Parcel Number: 0520379001
  • Year Built: 2019
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • Lot Size Acres: 6.17
  • Road Surface Type: Gravel
  • Attribution Contact: jeff@hawkeyetel.com
  • Co List Office Phone: 563-419-7900
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Steel
  • TotalFinishedSquareFootage: 6240
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Entrance-Outside, Floor Drain, Partially Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1440
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: N Fayette Valley
  • High School: North Fayette Valley
  • Middle Or Junior School: North Fayette Valley

Lot Info

  • Zoning: A-R
  • Lot Dimensions: 316x815x337x811
  • Lot Size Sq Ft: 268765
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Miller Daniel R and Miller Martha D
Bought by
Gingerich Jonas E and Gingerich Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,469
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$331,327

Purchase Details

Closed on
Dec 29, 2009
Sold by
Phillips Rusty B and Phillips Sandra S
Bought by
Miller Daniel R and Miller Martha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 $275,000 None Available
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Closed $55,000 Seller Take Back
Previous Owner $95,000 New Conventional
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $500,000 -9.1% $80 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $550,000 -- $88 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $3,824 $330,888 $58,265 $272,623
2023 $2,664 $330,888 $58,265 $272,623
2022 $2,564 $204,132 $48,095 $156,037
2021 $980 $204,132 $48,095 $156,037
2020 $980 $83,679 $40,510 $43,169
2019 $922 $83,679 $40,510 $43,169
2018 $922 $81,497 $40,510 $40,987
2017 $912 $81,497 $40,510 $40,987
2015 $1,162 $100,182 $30,925 $69,257
2014 $1,128 $83,895 $19,721 $64,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251050

Northeast Iowa Regional Board of REALTORS®

APN: 22-05-20-379-001