$542,000
SOLD SEP 11, 2018

21461 240th St Grundy Center, IA 50638

5 Beds
3.5 Baths
3,562 Sq Ft
6.23 Acres

Recently Sold

$152 Per Sq Ft

1% Above List Price

49 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Concrete Block With Brick
  • Grundy Center High School Rated A-
  • Wood Flooring
  • Parking Storage or Cabinetry

About This Home

As of July 2022

Is 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. 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 for 2018 and 2019! This property also comes with an amazing 5 bedroom home with over 3500 square feet of living space! So much to list here folks! 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. Too much to list. MUST SEE THIS PROPERTY IN PERSON. EXCELLENT OPPORTUNITY!

Last Agent to Sell the Property

Matthew Wikert

RE/MAX Concepts Listed on: 06/18/2018

RE/MAX Concepts

Last Buyer's Agent

Matthew Wikert

RE/MAX Concepts Listed on: 06/18/2018

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 1900

Lot Details

  • 6.23 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Concrete Block With Brick
  • Wood Siding

Interior Spaces

  • 3,562 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Rural Water
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,348

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: as per abstract
  • Municipality: Grundy Center
  • Year Built: 1900
  • OFFICELIST_ADDRESS: 21461 240th Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-06-18
  • List Office I D: 557
  • M L Number Foreign: MIR35015160
  • Sales Office I D: 557
  • Selling Agent: 1968
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Range, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 4
  • Basement: Full, Sump Pump, Concrete Block
  • Half Bathrooms: 1
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 152.16
  • Above Grade Finished Sq Ft: 3562
  • Below Grade Total Sq Ft: 1168
  • Fireplace: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Fencing: Chain Link, Full
  • Road Frontage: Paved Streets
  • Roof: Shake
  • Outbuildings: Storage Shed, Guest House

Garage/Parking

  • Description: Insulated Garage, Heated Garage, Other, Electric, Storage
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 4
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: Rural/Municipality

Condo/Co-op/Association

  • Amenities: Deck, Ceiling Fan(s), Cable, Other

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Grundy Center

Lot Info

  • New Develop: No
  • Acres: 6.23
  • Homestead Description: Owner
  • Lot Dimensions: 408 x 662 m/l
  • Lot Size Sq Ft: 271379
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 3464
  • Gross Taxes: 3348

MLS Schools

  • School District: 2727 - Grundy Center
  • School District Name: Grundy Center

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%
Current Estimated Value
$744,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,424
Avg. Annual Appreciation
-3.00%
Original Mortgage
$663,750
Outstanding Balance
$607,271
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$50,176
Source: Public Records

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    • 3 Beds
    • 1.5 Baths
    • 2,524 Sq Ft
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Range of Values:

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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 $132,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $663,750 New Conventional
Previous Owner $406,500 Unknown
Previous Owner $238,375 New Conventional
Previous Owner $232,000 New Conventional
Previous Owner $221,200 New Conventional
Previous Owner $41,450 New Conventional
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: NoCoast MLS

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 $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

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Map

Source: NoCoast MLS

MLS Number: NOC5460554

NoCoast MLS

APN: 871711100004