$385,000
$14K PRICE DROP

203 W Franklin St New Sharon, IA 50207

Estimated payment $2,259/month

Total Views 6,352
3 Beds
1.5 Baths
1,515 Sq Ft
$254 Price per Sq Ft

Highlights

  • Heated Floors
  • Mud Room
  • Living Room
  • Ranch Style House
  • Patio
  • Laundry Room

About This Home

Welcome to this beautifully maintained 3-bedroom, 1.5-bath ranch-style home on 2.69 acres in the North Mahaska School District. Offering 1,515 square feet of main-level living space with a large, clean unfinished basement, this property features a spacious living room and an open kitchen/dining combo with newer appliances. The bedrooms include oversized closets with walk-in lights, and the convenience of main-floor laundry and a large mudroom makes daily living easy. The home has seen numerous updates, including newer windows, gutters, siding, front door, a roof, and a new furnace in 2024. A whole-house 20KW Kohler Generator ensures peace of mind during power outages. On this beautiful acreage, you'll find an attached two-stall garage and a detached two-stall garage equipped with electrical and concrete floors. Now let's talk about the shop space! A massive 40x64 shop offers 7/8 concrete floors, electrical, with 12-foot and 11-foot doors, while a second 30x36 shop includes heat on one side, electric, and finished concrete flooring. Two hydrants are conveniently located near the shop and garden areas, and a wood shed adds even more storage. On the back of the acreage is a hayfield that was leased out for a source of income. Enjoy the peaceful setting from your covered front porch, which features a gas hookup ready for your grill.

Listing Agent

Olivia Williams

Iowa Realty Listed on: 05/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1910

Lot Details

  • 2.69 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,515 Sq Ft Home
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Heated Floors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Schools

  • N Mahaska Elementary And Middle School
  • N Mahaska High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private or Community Septic Tank
  • Internet Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1515
  • Owner Name L F Mi: Estate of Coleen M & Vernon W Readshaw
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Accepted offer contingent upon inspections, taking back-up offers Haleigh McMurrin is the listing agent & Heather Engbers is Co-listing agent. Home being sold as is and is an estate. TOT not completed. allow 24 hours for response time. Listed as 1 1/2 bath, tub missing in bathroom to make full bath. Shower/sink basement
  • Year Built: 1910
  • Directions: On W Franklin St off W Pearl Street
  • L O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Crawl, Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: 2-5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Ranch
  • Remarks2: Welcome to this beautifully maintained 3-bedroom, 1.5-bath ranch-style home on 2.69 acres in the North Mahaska School District. Offering 1,515 square feet of main-level living space with a large, clean unfinished basement, this property features a spacious living room and an open kitchen/dining combo with newer appliances. The bedrooms include oversized closets with walk-in lights, and the convenience of main-floor laundry and a large mudroom makes daily living easy. The home has seen numerous updates, including newer windows, gutters, siding, front door, a roof, and a new furnace in 2024. A whole-house 20KW Kohler Generator ensures peace of mind during power outages. On this beautiful acreage, you'll find an attached two-stall garage and a detached two-stall garage equipped with electrical and concrete floors. Now let's talk about the shop space! A massive 40x64 shop offers 7/8 concrete floors, electrical, with 12-foot and 11-foot doors, while a second 30x36 shop includes heat on one side, electric, and finished concrete flooring. Two hydrants are conveniently located near the shop and garden areas, and a wood shed adds even more storage. On the back of the acreage is a hayfield that was leased out for a source of income. Enjoy the peaceful setting from your covered front porch, which features a gas hookup ready for your grill.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1515
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Outbuildings, Patio, Shed

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Water, Private Septic
  • Heating Cooling: Gas, Central, Forced Air, Heated Floor

Schools

  • High School: N Mahaska
  • Jr Middle School: N Mahaska
  • Elementary School: N Mahaska

Lot Info

  • Acreage: 2.69
  • Geo Subdivision: IA
  • Lot Dimensions: 2.69
  • Zoning: Res

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 $2,620 $215,060 $23,380 $191,680
2024 $2,620 $180,440 $23,380 $157,060
2023 $2,700 $180,440 $23,380 $157,060
2022 $2,708 $147,420 $23,380 $124,040
2021 $2,562 $147,420 $23,380 $124,040
2020 $2,562 $137,970 $23,380 $114,590
2019 $2,344 $130,880 $0 $0
2018 $2,344 $130,880 $0 $0
2017 $2,272 $123,800 $0 $0
2016 $2,046 $123,800 $0 $0
2015 $2,046 $123,800 $0 $0
2014 $1,828 $123,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2025 06/03/25 Price Changed $385,000 -3.5% $254 / Sq Ft
05/12/2025 05/12/25 For Sale $399,000 -- $263 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202503168

Iowa City Area Association of REALTORS®

APN: 02-13-328-002