2463 328th Ln Walnut, IA 50222
Estimated payment $2,373/month
Highlights
- Ranch Style House
- Forced Air Heating and Cooling System
- Wood Burning Fireplace
- No HOA
- Wood Siding
About This Home
Welcome to this peaceful 10-acre retreat at the end of a dead-end lane in southern Madison County. This 2 bed/1 bath log veneer home offers an open-concept layout with the kitchen overlooking the dining and living areas. The kitchen is outfitted with beautiful hickory cabinets and concrete countertops, offering both charm and function. The home has central air, a furnace, and a cozy wood stove. Step outside to a large patio and a second concrete slab—currently used for a hammock but originally poured with a hot tub in mind. The property also features a 60'x40' shop with concrete floors and its own separate driveway. Inside the shop is a nearly 600 sq ft fully functioning Airbnb unit that sleeps five and includes its own bathroom. An additional office adjacent to the Airbnb could easily be converted into extra guest space. Outdoors, enjoy the peace of country life with a variety of fruit trees (apple, pear, and peach), a clover food plot, and included tower blind and treestand. The hunting opportunities are exceptional, with over 3,000 acres of public hunting within five minutes. Horse enthusiasts will appreciate the brand-new 80'x120' outdoor riding arena—installed just two months ago and negotiable with the sale. High-speed fiber internet is already installed, making working from home easy and reliable. This is a rare opportunity to own a private, well-rounded property with income potential, modern conveniences, and room to roam.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,244
Year Built
- Built in 2004
Lot Details
- 10 Acre Lot
Home Design
- Ranch Style House
- Earth Berm
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,320 Sq Ft Home
- Wood Burning Fireplace
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 4 Car Detached Garage
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 741152800999910
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 |
|---|---|---|---|---|
| 2025 | $3,132 | $335,000 | $79,800 | $255,200 |
| 2024 | $3,096 | $229,800 | $53,000 | $176,800 |
| 2023 | $3,052 | $229,800 | $53,000 | $176,800 |
| 2022 | $2,928 | $190,300 | $53,000 | $137,300 |
| 2021 | $2,928 | $190,300 | $53,000 | $137,300 |
| 2020 | $3,024 | $182,900 | $48,100 | $134,800 |
| 2019 | $1,658 | $100,900 | $0 | $0 |
| 2018 | $1,618 | $100,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Price Changed | $399,000 | -2.7% | $302 / Sq Ft | |
| 08/25/2025 08/25/25 | Price Changed | $410,000 | -2.4% | $311 / Sq Ft | |
| 08/11/2025 08/11/25 | Price Changed | $420,000 | -1.2% | $318 / Sq Ft | |
| 06/18/2025 06/18/25 | For Sale | $425,000 | +490.3% | $322 / Sq Ft | |
| 03/14/2014 03/14/14 | Sold | $72,000 | -27.8% | $55 / Sq Ft | View Prior Sale |
| 01/31/2014 01/31/14 | Pending | -- | -- | -- | |
| 09/04/2013 09/04/13 | For Sale | $99,750 | -- | $76 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $89,000 | None Available | |
| Warranty Deed | $91,000 | None Available | |
| Special Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $189,150 | New Conventional | |
| Previous Owner | $260,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $169,000 | New Conventional |
Source: Des Moines Area Association of REALTORS®
MLS Number: 720612
APN: 741-15-28-00999910
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