NOT LISTED FOR SALE

4502 230th St Wallingford, IA 51365

Estimated Value: $537,944

Studio
-- Bath
-- Sq Ft
23 Acre Lot

Sale Details

Date Sold: April 13, 2022

Last sale price $460,000

Est. 17% increase in value since last sale

Current estimated payment $3,460 / mo

61 Days on Market

Highlights

  • Lake Front
  • Fireplace
  • Home Security System
  • 23 Acre Lot
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of April 2022

Amidst this serene rural landscape is 23 +/- acres, 665 +/- sq ft of Lake Front, AND a BEAUTIFUL 5,500 +/- sq ft LODGE with a vaulted-ceiling for social GATHERINGs, offices’, classrooms, restrooms & a commercial kitchen. ALL on a flat approach to Ingham Lake! Included: 6,800 sq ft of multiple HOUSE / apartment-style cottages; and YES another 2,300 sq ft “hall” or housing-cottages as well. There are 20+ bedrooms and countless, laundry, and bathrooms. AMAZING! Each unit also has kitchenettes, as well as shared living and dining-style accommodations. There’s another 1,000 sq ft building for administrative, or more housing, or school/classroom(s). The DEAL features lots of land, buildings, lake, and options! Need suggestions? How about “apartment”, resort, condo options; re-open a residential treatment and emergency shelter; maybe a venue-lodge on the LAKE ceremony, receptions, conferences; a church; clubhouse, campground, RV, cabin lodging; seasonal camp(s); or a bit of all!

Last Agent to Sell the Property

Tammy Fredericksen

EXIT Realty Midwest License #B67905 Listed on: 01/09/2022

EXIT Realty Midwest

Last Buyer's Agent

Tammy Fredericksen

EXIT Realty Midwest License #B67905 Listed on: 01/09/2022

EXIT Realty Midwest

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 23 Acre Lot
  • Lake Front
  • Property fronts a county road
  • 2 addtl parcel numbers: 1011400016 and 1014226003 (3 parcels total in sale, see legal)

Parking

  • Driveway

Home Design

  • Mixed Use
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • Restroom Available
  • Fireplace
  • Home Security System

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Sewer

Community Details

  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 1011400017

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

23 Acres

Listing Details

  • Class: COMMERCIAL
  • Property Attached: No
  • Type: Mixed Use
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Fire Alarm, Fire Stairs, Kitchen Area, Restrooms, Security System

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Fiber Cement, Other, Wood Siding
  • Flood Zone: Unknown
  • Road Frontage Type: County Road
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Waterfront Frontage: 665
  • Waterfront Name: Ingham Lake

Garage/Parking

  • Parking Features: Driveway-Asphalt

Utilities

  • Cooling: Central, Ductless Unit
  • Fuel: Electric, Propane
  • Heating: Baseboard, Boiler, Fireplace, Forced Air
  • Sewer: Private Sewer
  • Water Source: Rural/Municipality

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Parcels Description: 2 addtl parcel numbers: 1011400016 and 1014226003 (3 parcels total in sale, see legal)
  • Current Use: Other
  • Land Size Acres: 23
  • Land Sq Ft: 1000000
  • Parcel Number: 1011400017
  • Prop Adjoins Pub Lnd: Yes

Tax Info

  • Tax Classification: Non-Homestead
  • Tax Year: 2020

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Apr 6, 2022
Sold by
Bought by
Seller's Agent
Tammy Fredericksen
EXIT Realty Midwest
Buyer's Agent
Tammy Fredericksen
EXIT Realty Midwest
List Price
$775,000
Sold Price
$460,000
Premium/Discount to List
-$315,000
-40.65%
Current Estimated Value
$537,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,944
Avg. Annual Appreciation
3.75%
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

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 Buyer Sale Price Title Company
$460,000 None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $460,000
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
04/13/2022 04/13/22 Sold $460,000 -16.4% --
03/11/2022 03/11/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $550,000 -29.0% --
01/09/2022 01/09/22 For Sale $775,000 -- --
Source: Iowa Great Lakes Board of REALTORS®

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 $6,654 $429,500 $50,200 $379,300
2024 $6,664 $338,000 $35,100 $302,900
2023 $6,430 $338,000 $35,100 $302,900
2022 $0 $295,200 $0 $0
2021 $5 $295,200 $0 $0
2020 $0 $281,500 $0 $0
2019 $5,648 $0 $0 $0
2018 $7 $0 $0 $0
2017 $5,648 $0 $0 $0
2016 $5 $0 $0 $0
2015 $5,648 $218,100 $0 $0
2014 $5,648 $218,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 220008

Iowa Great Lakes Board of REALTORS®

APN: 1011400017

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