Seller's Agent in 2022
Matthew Wikert
RE/MAX
(319) 825-3633
279 Total Sales
21461 240th St Grundy Center, IA 50638
Estimated Value: $618,000 - $761,806
5
Beds
3.5
Baths
3,562
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Horse Facilities
- Barn
- Deck
- Grundy Center High School Rated A-
- Horse Property
- Wrap Around Porch
About This Home
As of July 2022Is this heaven? Well, it's actually "The Old Fifty-Six!" Phenomenal, productive, and profitable wedding venue business! This fantastic opportunity sits just west of Grundy Center on Hwy 175. Voted one of the top 10 best venues in the state! Property sits on 6.23 acres m/l. Comes with an amazing historical barn built in 1907 and registered with Iowa Barn Foundation! Barn has had serious updates and is quite frankly one of the nicest wedding venues in the state! This is an amazing opportunity to have a once in a lifetime acreage with a turn key business that is booked consistently! This property also comes with an amazing 5 bedroom home with over 3500 square feet of living space! So much to list here folks! Roof, siding, soffit, and gutters replaced last year! This character filled home comes with a 4 stall attached, heated and cooled garage! Large country kitchen with unique decorative tin ceiling. Beautiful formal dining room which flows into a lovely sitting area and comfortable living space. The home comes with 4 separate bath areas, main floor has convenient 1/2 bath, upper level of main home comes with a full bath and an additional 3/4 bath, AND there is an additional full bath in the living area above the garage. Current owners of the home/business use the living space above the garage as a bridal area which is over 1000 square feet! This works perfectly as this area has its own entry and stairway, large living and kitchen area, large bedroom and tons of closet space! Venues are currently being booked at $5500-$7500 per venue. Do the math folks, Serious income potential! To truly understand the potential you need to come see for yourself! Acreage is serviced by Alliant Energy, NO SEPTIC City Sewer! Gas service with Blackhills Energy, NO PROPANE, Central Iowa Water Association, NO WELL. Venue baths are heated and cooled and are pumped by Cooley Sanitation and has an extremely reasonable cost. Main home and bridal area will come with appliances! Not to mention, but also Grundy Center Community Schools and living the simple life in one of the safest towns in Iowa!
Last Agent to Sell the Property
RE/MAX Concepts - Cedar Falls License #S62703000 Listed on: 04/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,216
Year Built
- Built in 1900
Lot Details
- 6.23 Acre Lot
- Fenced
- Garden
Home Design
- Block Foundation
- Wood Shingle Roof
- Cedar
Interior Spaces
- 3,562 Sq Ft Home
- Ceiling Fan
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry on main level
- Washer
Parking
- 3 Car Attached Garage
- Heated Garage
- Workshop in Garage
- Garage Door Opener
Outdoor Features
- Horse Property
- Balcony
- Deck
- Wrap Around Porch
- Storage Shed
- Outbuilding
Schools
- Grundy Center Elementary And Middle School
- Grundy Center High School
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Gas
Community Details
- Horse Facilities
- Horses Allowed in Community
Listing and Financial Details
- Assessor Parcel Number 871711100004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2022
Closed on
Jul 8, 2022
Sold by
Uhlenhopp-Karkosh Llc
Bought by
Old 56 Llc
Seller's Agent
Matthew Wikert
RE/MAX Concepts - Cedar Falls
List Price
$739,000
Sold Price
$722,000
Premium/Discount to List
-$17,000
-2.3%
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,398
Avg. Annual Appreciation
-2.76%
Original Mortgage
$663,750
Outstanding Balance
$610,923
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$52,929
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Old 56 Llc | $132,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Old 56 Llc | $663,750 | |
| Previous Owner | Uhlenhopp Karkosh Llc | $406,500 | |
| Previous Owner | Hamann Paul K | $238,375 | |
| Previous Owner | Hamann Paul K | $232,000 | |
| Previous Owner | Hamann Paul K | $221,200 | |
| Previous Owner | Hammann Paul K | $41,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $722,000 | -2.3% | $203 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | For Sale | $739,000 | +36.3% | $207 / Sq Ft |
| 09/11/2018 09/11/18 | Sold | $542,000 | +1.3% | $152 / Sq Ft |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- |
| 06/18/2018 06/18/18 | For Sale | $535,000 | +48.6% | $150 / Sq Ft |
| 11/07/2016 11/07/16 | Sold | $360,000 | -7.5% | $101 / Sq Ft |
| 08/05/2016 08/05/16 | Pending | -- | -- | -- |
| 06/20/2016 06/20/16 | For Sale | $389,000 | -- | $109 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $7,246 | $568,300 | $76,960 | $491,340 |
| 2023 | $7,246 | $562,110 | $76,960 | $485,150 |
| 2022 | $5,952 | $419,350 | $63,310 | $356,040 |
| 2021 | $5,952 | $419,350 | $63,310 | $356,040 |
| 2020 | $3,638 | $388,250 | $63,310 | $324,940 |
| 2019 | $3,454 | $255,292 | $0 | $0 |
| 2018 | $3,352 | $255,292 | $0 | $0 |
| 2017 | $3,258 | $259,554 | $0 | $0 |
| 2016 | $3,258 | $259,554 | $0 | $0 |
| 2015 | $3,258 | $259,533 | $0 | $0 |
| 2014 | $3,292 | $259,533 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Wikert
-
R
Seller's Agent in 2016
Roger Engelkes
GNB Real Estate - Grundy Center
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20221438
APN: 871711100004
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