$250,000
SOLD APR 11, 2025

2801 Rustic Ave Peru, IA 50222

1 Bed
1 Bath
1,394 Sq Ft
16.91 Acres

Recently Sold

$179 Per Sq Ft

1% Below List Price

77 Days on Market

Highlights

  • 16.91 Acre Lot
  • Ranch Style House
  • Wood Burning Fireplace
  • Pond
  • No HOA

About This Home

As of April 2025

If you are looking for a weekend retreat or hunting lodge that takes you back in time, you need to take a look at this property. The log cabin home was built in 1977 by the owner and the trees from the property were used to build the home. The home has a limestone fireplace and wood burning stove. There is 16.91 acres of timber and is surrounded by heavy timber, which makes for excellent deer and turkey hunting.

Last Agent to Sell the Property

Larry Corkrean

Madison County Realty Listed on: 12/23/2024

Last Buyer's Agent

Connor Alexander

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1977

Lot Details

  • 16.91 Acre Lot
  • Property is zoned AG

Home Design

  • Ranch Style House
  • Stone Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Pond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520103588010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,629

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreage
  • Style: Ranch
  • Lp Amt Sq Ft: 181.96
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 179.34
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood
  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Living Area Sq Ft: 1394
  • Total Sq Ft: 1394

Exterior Features

  • Exterior: Log
  • Exterior Features: Pond
  • Foundation: Stone
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 16.9100
  • Lot S F: 679100
  • Assessor Parcel Number: 520103588010000
  • Zoning: AG

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: 1628.57
  • Net Taxes: 1482.00

MLS Schools

  • School District: Winterset

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
May 2, 2025
Sold by
Fenimore Randy Scott and Fenimore Spencer
Bought by
Boal Investments Llc
Seller's Agent
Larry Corkrean
Madison County Realty
Buyer's Agent
Connor Alexander
LPT Realty, LLC
List Price
$253,650
Sold Price
$250,000
Premium/Discount to List
-$3,650
-1.44%
Views
148
Current Estimated Value
$253,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,602
Avg. Annual Appreciation
2.04%
Original Mortgage
$187,500
Outstanding Balance
$186,671
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$66,931
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fiduciary Deed $250,500 None Listed On Document
Fiduciary Deed $250,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 Credit Line Revolving
Closed $187,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $250,000 -1.4% $179 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $253,650 0.0% $182 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/09/2025 01/09/25 Price Changed $253,650 -15.5% $182 / Sq Ft
12/23/2024 12/23/24 For Sale $300,000 -- $215 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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
2025 $1,674 $143,400 $3,900 $139,500
2024 $1,666 $132,000 $600 $131,400
2023 $1,466 $132,000 $600 $131,400
2022 $1,428 $97,700 $400 $97,300
2021 $1,428 $97,700 $400 $97,300
2020 $1,442 $91,900 $400 $91,500
2019 $1,352 $83,900 $0 $0
2018 $1,324 $83,900 $0 $0
2017 $1,272 $79,300 $0 $0
2016 $1,204 $79,300 $0 $0
2015 $1,184 $79,100 $0 $0
2014 $1,186 $79,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Larry Corkrean

    Madison County Realty

    (515) 979-8086

    36 Total Sales

    Larry Corkrean
    Section Image

  • C

    Buyer's Agent in 2025

    Connor Alexander

    LPT Realty, LLC

    (515) 421-2444

    2 Total Sales

    Connor Alexander
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 709338

Des Moines Area Association of REALTORS®

APN: 520-10-35-88010000

Iowa Madison County Peru 50222

2801 Rustic Ave, Peru, IA

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes