2463 328th Ln Walnut, IA 50222
Estimated payment $2,612/month
Total Views
3,868
2
Beds
2
Baths
1,320
Sq Ft
$322
Price per Sq Ft
Highlights
- Arena
- Creek On Lot
- Eat-In Kitchen
- Waterfront
- Ranch Style House
- Walk-In Closet
About This Home
Welcome to 2463 328th Lane in Peru, Iowaa peaceful 10-acre retreat at the end of a dead-end lane overlooking the peaceful Clanton Creek in southern Madison County. This 2-bedroom, 1-bath log veneer home was built in 2004 and 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. Both bedrooms are spacious and comfortable.
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 bringing in a great source of income. 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 is 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.
Ian Sparks
Listed on: 06/28/2025
Listing Provided By
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,096
Lot Details
- Waterfront
- Rural Setting
- Barbed Wire
- Level Lot
- Irregular Lot
- Current uses include equine, grazing, hunting/fishing, residential single, timber, orchard, hobby farm
- Potential uses include hunting/fishing, residential single, timber, orchard
Home Design
- Ranch Style House
- Slab Foundation
- Wood Siding
Interior Spaces
- Living Quarters
- Wood Burning Fireplace
- Concrete Flooring
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Creek On Lot
- Wildlife includes whitetail deer, quails, pheasants, turkeys
- Open Patio
- Shop
Horse Facilities and Amenities
- Horses Allowed On Property
- Arena
Utilities
- Underground Utilities
- Co-Op Water
- Septic Tank
- High Speed Internet
Additional Features
- Easements include access
- Loafing Shed
Map
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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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
Source: Public Records
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: Public Records
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