$320,000
$55K PRICE DROP

15542 40th St Oelwein, IA 50662

Estimated payment $2,005/month

Total Views 7,975
3 Beds
2 Baths
2,107 Sq Ft
$152 Price per Sq Ft

Highlights

  • Horse Facilities
  • Deck
  • Solid Surface Countertops
  • Horse Property
  • Corner Lot
  • Rustic Architecture

About This Home

*NEW IMPROVED PRICE!! - TAKE ADVANTAGE OF THE PRICE REDUCTION* Location, Location, Location!! This is MUST SEE ACREAGE! Beautiful 4 acres on a corner paved road, just outside of city limits. Perfect horse set-up, chicken or small livestock. This is country living at it's best with convenience of town nearby. Enjoy the mature trees, nature of songbirds, deer, turkey; open pasture, horse corral, 2 solid multi-purpose outbuildings to store equipment, livestock or hobby shop. The Ranch style house boasts an enclosed elongated porch with big windows seeing in every direction. Part of the porch leads to the garage, whereas that can be converted to a 3rd stall garage or keep use as a workshop. Inside the house is impressive-open, bright and clean. Beautiful hardwood floors, stunning 4-season sunroom with fireplace; a perfect setup for friends and family gathering. Kitchen and dining room combo has a skylight and offers a lot of space. Very nice cabinets and all kitchen appliances stay and are in great condition. Living room is bright and spacious with a fireplace and a large picture window. The master bedroom has a "Jack and Jill" effect leading to a full bathroom and another bedroom. All bedrooms are good size. Additionally there is a 3rd bedroom separated by another full bathroom. Another nice feature is the partially finished basement, again, great for gatherings or use of large non-conforming bedroom. The walls are original barn-wood boards, pretty neat! The mechanics are in great condition as well. I encourage you to view this property. It's one that you'll create life long memories. Call today to schedule your personal showing.

Listing Agent

Noelle Coleman

EXIT Realty Unlimited Oelwein License #S59842 Listed on: 04/23/2025

EXIT Realty Unlimited Oelwein

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1969

Lot Details

  • 4 Acre Lot
  • Corner Lot
  • Garden
  • Property is zoned R1-SF

Home Design

  • Rustic Architecture
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,107 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer

Partially Finished Basement

  • Stone Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Horse Property
  • Deck
  • Enclosed patio or porch

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Community Details

  • Horse Facilities
  • Horses Allowed in Community

Listing and Financial Details

  • Assessor Parcel Number 1815300006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,850

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Parcel Number: 1815300006
  • Year Built: 1969
  • Property Sub-Type: Acres
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot, Horse Property, Views
  • Lot Size Acres: 4
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-283-5700
  • MLS Status: ACTIVE
  • Architectural Style: Rustic
  • Reso Fireplace Features: One, Living Room, Masonry
  • Reso Interior Features: Ceiling Fan/Light, Solid Surface Counters
  • Reso Roof: Shingle, Asphalt
  • Reso Window Features: Skylight(s)
  • TotalFinishedSquareFootage: 2107
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave Built In, Sump Pump, Refrigerator, Vented Exhaust Fan, Electric Water Heater, Water Softener
  • Basement: Block, Concrete, Entrance-Inside, Entrance-Outside, Floor Drain, Stone/Rock, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 275
  • Door Features: Sliding Doors
  • Flooring: Hardwood
  • BelowGradeArea: 1134

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Garden, Horse Facility, Horses Okay, School Bus Service
  • Patio And Porch Features: Deck, Enclosed

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Garage Door Opener, Oversized, Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R1-SF
  • Lot Dimensions: 4.0 Acres
  • Lot Size Sq Ft: 174240
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2850.04

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 $2,732 $258,820 $69,600 $189,220
2023 $2,732 $258,820 $69,600 $189,220
2022 $2,660 $205,740 $58,000 $147,740
2021 $2,660 $205,740 $58,000 $147,740
2020 $2,164 $160,390 $41,860 $118,530
2019 $1,980 $148,910 $0 $0
2018 $1,918 $148,910 $0 $0
2017 $1,678 $123,400 $0 $0
2016 $1,628 $123,400 $0 $0
2015 $1,628 $0 $0 $0
2014 $1,590 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $320,000 -8.6% $152 / Sq Ft
05/22/2025 05/22/25 Price Changed $349,999 -6.6% $166 / Sq Ft
04/23/2025 04/23/25 For Sale $374,900 -- $178 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed -- Stephanie A Sailer Of Roberts
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,878 Unknown
Previous Owner $42,534 Unknown
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251777

Northeast Iowa Regional Board of REALTORS®

APN: 18-15-300-006