$525,000

3559 40th St Grinnell, IA 50112

Estimated payment $3,248/month

Total Views 555
4 Beds
3 Baths
4,280 Sq Ft
$123 Price per Sq Ft

Highlights

  • Hot Property
  • Recreation Room
  • Ranch Style House
  • Deck
  • Vaulted Ceiling
  • Private Yard

About This Home

Custom-built and lovingly maintained by its original owner, this thoughtfully designed 4 bed, 3 bath ranch was built to be a forever home. Situated on 3 net acres with mature landscaping and countryside views, it offers rural privacy while being just 4/10ths of a mile off pavement. With 2,140 sq. ft. on the main level and an additional 2,140 sq. ft. in the walkout basement, this home offers over 4,200 sq. ft. of functional living space. Large windows fill the home with natural light. The main level features a vaulted living room, spacious kitchen with abundant cabinetry and breakfast bar seating, dining area, and bright sunroom. The fourth bedroom, located just off the main entry, offers flexibility as a home office, workout room, or guest space. Designed for long-term comfort, the main level includes all four bedrooms, two bathrooms, and all daily living spaces. The walkout basement is partially finished with daylight windows, extensive storage, and potential for additional living and entertaining space. Outside, enjoy a deck and two covered patio areas, including a covered breezeway connecting the oversized attached 3-car garage to a single-stall shed. A rare opportunity to own a home designed to be enjoyed for generations.

Listing Agent

McKenzee Gibson

Iowa Elite Marketing Group Listed on: 06/08/2026

Iowa Elite Marketing Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 3 Acre Lot
  • Open Lot
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Grinnell Elementary And Middle School
  • Grinnell High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Water Heater
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include heating/cooling, water

Listing and Financial Details

  • Assessor Parcel Number 3218100

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

3 Acres

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4280
  • Homebuilder: Unknown
  • Owner Name L F Mi: Ashing, Susan M
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: **Some pictures have been edited with AI to remove personal items**
  • Year Built: 2001
  • Directions: Right on Penrose continue onto 40th Street house is located on the right side of the street. 4/10 mile past the pavement.
  • Amenities: None
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout, Daylight Windows, See Remarks
  • Fireplace Type Location: Gas
  • Interior R: Cable Available, Ceiling-9+ ft, Foyer-Entrance, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Bar, Pantry
  • Lot Description R: 2-5 Acre, Open Land, Private Backyard
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Ranch
  • Remarks2: Custom-built and lovingly maintained by its original owner, this thoughtfully designed 4 bed, 3 bath ranch was built to be a forever home. Situated on 3 net acres with mature landscaping and countryside views, it offers rural privacy while being just 4/10ths of a mile off pavement. With 2,140 sq. ft. on the main level and an additional 2,140 sq. ft. in the walkout basement, this home offers over 4,200 sq. ft. of functional living space. Large windows fill the home with natural light. The main level features a vaulted living room, spacious kitchen with abundant cabinetry and breakfast bar seating, dining area, and bright sunroom. The fourth bedroom, located just off the main entry, offers flexibility as a home office, workout room, or guest space. Designed for long-term comfort, the main level includes all four bedrooms, two bathrooms, and all daily living spaces. The walkout basement is partially finished with daylight windows, extensive storage, and potential for additional living and entertaining space. Outside, enjoy a deck and two covered patio areas, including a covered breezeway connecting the oversized attached 3-car garage to a single-stall shed. A rare opportunity to own a home designed to be enjoyed for generations.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 4
  • Sq Ft Above: 2140
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 2140
  • Laundry Location: Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio, Porch, Shed

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic, Water Heater
  • Heating Cooling: Central, Geothermal

Condo/Co-op/Association

  • Fees Include: Heating/Cooling, Water

Schools

  • High School: Grinnell
  • Jr Middle School: Grinnell
  • Elementary School: Grinnell

Lot Info

  • Acreage: 3
  • Geo Subdivision: IA
  • Lot Dimensions: 3.41 acres
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 3218100

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,850 $456,220 $75,700 $380,520
2024 $4,846 $438,240 $68,200 $370,040
2023 $5,042 $438,240 $68,200 $370,040
2022 $5,042 $390,600 $54,570 $336,030
2021 $4,650 $343,290 $51,480 $291,810
2020 $4,244 $315,730 $42,900 $272,830
2019 $3,578 $315,730 $42,900 $272,830
2018 $3,500 $265,450 $33,000 $232,450
2017 $3,630 $265,450 $33,000 $232,450
2016 $3,642 $265,450 $33,000 $232,450
2015 $3,642 $265,450 $33,000 $232,450
2014 $3,626 $264,690 $21,040 $243,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 For Sale $525,000 0.0% $123 / Sq Ft
06/07/2026 06/07/26 Off Market $525,000 -- --
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202603687

Iowa City Area Association of REALTORS®

APN: 080-3218100

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