
15542 40th St Oelwein, IA 50662
Estimated payment $2,005/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $39,878 | Unknown | |
Previous Owner | $42,534 | Unknown |
Similar Homes in Oelwein, IA
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20251777

APN: 18-15-300-006
- 208 2nd St SE Unit 208
- 400 13th Ave NW
- 5063 Main St Unit 2
- 416 3rd St NW Unit Upper
- 416 1/2 3rd St NW
- 129 2nd Ave NE Unit A
- 501-507 Enterprise Dr
- 434 W Madison St Unit 7
- 131 S Vine St
- 3330 E 4th St
- 440 Florence St
- 1100 W Marion St
- 325 E Park Ave
- 924 Sycamore St
- 335 Cedar St
- 209 W 5th St
- 45 W Jefferson St
- 1301 Grant Ave
- 1212 Randolph St
- 1227 Williston Ave