$397,500
SOLD JAN 26, 2026

2463 328th Ln Walnut, IA 50222

10 Acres
$39,750 Price per Acre
435,600 Sq Ft Lot

Sale Details

Date Sold: January 26, 2026

$301 Per Sq Ft

6% Below List Price

160 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • No HOA
  • Wood Siding

About This Lot

As of January 2026

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.

Last Agent to Sell the Property

Ian Sparks

Homefront Real Estate, LLC Listed on: 06/18/2025

Last Buyer's Agent

Erin Rundall

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 2004

Lot Details

  • 10 Acre Lot

Home Design

  • Ranch Style House
  • Earth Berm
  • Poured Concrete
  • 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
  • Rural Water
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 741152800999910

Property Details

Property Type

Land

Est. Annual Taxes

$3,244

Year Built

Built in 2004

Lot Details

10 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreage
  • Style: Ranch
  • Lp Amt Sq Ft: 302.27
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 301.14
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: Wood
  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1320
  • Total Sq Ft: 1320

Exterior Features

  • Exterior: Earthberm, Wood
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: 4 Detached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 10.0000
  • Lot S F: 391169
  • Assessor Parcel Number: 741152800999910
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3244.00
  • Net Taxes: 3096.00

MLS Schools

  • School District: East Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jan 26, 2026
Sold by
Matthew Sparks and Matthew Lakoda
Bought by
Hughes Shelly and Hughes Tim
Seller's Agent
Ian Sparks
Homefront Real Estate, LLC
Buyer's Agent
Erin Rundall
Keller Williams Realty GDM
List Price
$425,000
Sold Price
$397,500
Premium/Discount to List
-$27,500
-6.47%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.11%
Original Mortgage
$377,625
Outstanding Balance
$376,901
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$19,755

Purchase Details

Closed on
Jun 29, 2018
Sold by
Lange Robert and Johnson Kendall
Bought by
Sparks Ian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2015
Sold by
Graff Bruce
Bought by
Lange Robert T and Lange Kendall Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 16, 2014
Sold by
Graff Bruce
Bought by
Lange Robert and Johnson Kendall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $397,500 None Listed On Document
Warranty Deed $195,000 --
Warranty Deed $89,000 None Available
Warranty Deed $91,000 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $377,625 New Conventional
Previous Owner $189,150 New Conventional
Previous Owner $260,000 Future Advance Clause Open End Mortgage
Previous Owner $169,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2026 01/26/26 Sold $397,500 -0.4% $301 / Sq Ft
11/25/2025 11/25/25 Pending -- -- --
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
Source: Des Moines Area Association of REALTORS®

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 720612

Des Moines Area Association of REALTORS®

APN: 741-15-28-00999910

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