$398,000

249 Franzen Ridge Rd Elkader, IA 52043

Estimated payment $2,273/month

Total Views 433
2 Beds
2 Baths
1,548 Sq Ft
$257 Price per Sq Ft

Highlights

  • Heated Floors
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

New Construction Townhomes – Modern, Energy-Efficient Living Just Outside Elkader, Iowa! These beautiful new construction townhomes were completed in 2025 and offer high-quality finishes, energy-efficient features, and a peaceful setting just mile from town. Both units currently share a 1.01-acre parcel, but the property can be divided into two separate parcels if sold to individual buyers—perfect for those looking to invest or live side-by-side with family. Each unit features 2 bedrooms, 2 bathrooms, and approximately 1,550 sq ft of finished living space. You'll love the open floor plan, spacious rooms, and stylish finishes, including quartz countertops and custom Bertch wood cabinetry. Comfort and efficiency were a priority in construction, with R-50 ceiling insulation, spray foam in exterior and key dividing walls, and a Broan air exchanger for continuous fresh air. The double 2x6 insulated shared wall between units helps ensure privacy and quiet. Step outside to a private 14x14 back patio with metal railing and low-maintenance composite decking—perfect for relaxing or entertaining. Each home also includes a covered front porch and a finished, insulated 2-stall garage with fire core drywall and washable glass board surfaces. The unfinished walkout basement offers 10-foot walls, rough-ins for a third bathroom, and plenty of space to add two or more bedrooms and a large family room—ideal for future expansion. The home also includes a metal roof (durable with potential insurance benefits), concrete driveway, retention block walls, and radon mitigation with a blower already installed. Utilities include individual septic systems and a 1/7 well share per unit. Fiber optic internet lines are already in place, and the property is prepped for in-floor heating (basement and garage) with the option to add a boiler system. The lawn has been grass-seeded, and white stakes near the road mark the right-of-way. Though this townhome currently falls under a single parcel, it can be divided up if two separate buyers. Don’t miss the opportunity to own one—or both—of these thoughtfully designed townhomes in a great location with room to grow.

Last Listed By

Amy Holst

EXIT Realty Driftless Group License #S7149400 Listed on: 05/26/2025

EXIT Realty Driftless Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $70

Year Built

  • Built in 2025

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • Heated Floors
  • Interior and Exterior Basement Entry
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Central Comm Elementary School
  • Central Middle School
  • Central Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Franzen Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014101007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$70

Year Built

Built in 2025

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Parcel Number: 1014101007
  • Year Built: 2025
  • Property Sub-Type: Townhouse
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 1.01
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-231-9037
  • MLS Status: ACTIVE
  • Subdivision Name: Franzen Ridge Subdivision
  • Reso Fireplace Features: None
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 1548
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Entrance-Inside, Entrance-Outside, Floor Drain
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding, Combination
  • CompletionDate: 2025-01-01

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, In Floor Heat
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Central Comm
  • High School: Central Comm
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 43996
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 60.61

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $70 $5,750 $5,750 $0
2023 $64 $5,750 $5,750 $0
2022 $62 $4,600 $4,600 $0
2021 $56 $4,600 $4,600 $0
2020 $56 $4,025 $4,025 $0
2019 $58 $4,025 $4,025 $0
2018 $58 $4,025 $4,025 $0
2017 $60 $4,025 $4,025 $0
2015 $78 $5,518 $5,518 $0
2014 $78 $5,518 $5,518 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 For Sale $398,000 -- $257 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Similar Home in Elkader, IA

  • 247 Franzen Ridge Rd, Elkader, IA 52043

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,548 Sq Ft
    • 247 Franzen Ridge Rd
    • Elkader, IA

    New Construction Townhomes – Modern, Energy-Efficient Living Just Outside Elkader, Iowa! These beautiful new construction townhomes were completed in 2025 and offer high-quality finishes, energy-efficient features, and a peaceful setting just mile from town. Both units currently share a 1.01-acre parcel, but the property can be divided into two separate parcels if sold to individual

    Amy Holst EXIT Realty Driftless Group

    Section Image

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20252419

Northeast Iowa Regional Board of REALTORS®

APN: 22-10-14-101-008