$2,500,000
SOLD JUN 6, 2025

50043 240th St Council Bluffs, IA 51503

6 Beds
4.5 Baths
5,977 Sq Ft
21 Acres

Recently Sold

$418 Per Sq Ft

47% Above List Price

9 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Bedroom
  • Wood Burning Stove
  • West Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of June 2025

This executive residence features 20 acres with trails amongst the trees. The entrance has gated access and a blacktop drive to a 2.5 story brick home. Upon entering you will find a dedicated office with fireplace, dining room with built in cabinet and an open concept family room with fireplace to the fabulous chef's kitchen, pantry and coffee bar completes the 1st floor. Four bedrooms and two bathrooms on the 2nd floor with a primary suite and bathroom with a Japanese soaking tub. The 3rd story has a large open area, bedroom and full bathroom. The basement has 1 bedroom, full bathroom, family room, kitchen all to a walkout patio. A resort style salt water pool heated, detached garage with heat/ac. All this and more awaits you on this property with expansive views and privacy!

Last Agent to Sell the Property

Pamela Seefus

Heartland Properties License #S72040000 Listed on: 05/16/2025

Last Buyer's Agent

Jamie Leaders

J. Leaders Realty License #B63469000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,428

Year Built

  • Built in 1995

Lot Details

  • Wooded Lot

Home Design

  • Brick Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4.5 Bathrooms

Laundry

  • Laundry on upper level
  • Washer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Kitchen in Basement
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outbuilding

Schools

  • Lewis Central Elementary And Middle School
  • Lewis Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,428

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Full
  • Basement: Baths, Kitchen, Walkout, Other Bedrooms, Full, Fully Finished, Family Room
  • Dining Facilities: Eat In Kitchen, Formal Dining
  • Entry Level: 2nd Floor
  • Fireplace: Basement, Yes, Wood Stove, Other, Gas Log, Family Room, Bedroom
  • Interior Amenities: Cathedral Ceiling, Security Alarm, Wood Floors, Walk-in Closets, Tile Floor, Sump Pumps, Smoke Alarms, Sky Light, Intercom, Open Staircase, Fire Alarm, Ceiling Fans
  • Kitchen Features: Built-in Oven, Pantry, Vent Fan, Solid Surface Cntr, Refrigerator, Microwave, Garbage Disposal, Gas Range, Dishwasher, Double Oven, Custom Cabinets
  • Laundry: 2nd Level, Washer Hookup, Electric
  • Lower Tri Level: None
  • Main Level: Baths, Other, Kitchen, Family Room, Dining
  • Ramp Access: No
  • Second Level: Baths, Other, Primary Bedroom, Other Bedrooms
  • Sq Ft 2nd Floor: 2163.00
  • Sq Ft 3rd Floor: 869.00
  • Sq Ft Basement Finished: 917.00
  • Sq Ft Main Floor: 2028.00
  • Stories: 2.0
  • Total Basement Sq Ft: 1406.00
  • Total Finished Sq Ft: 5977.00
  • Total Above Ground Finished Sq Ft: 5060.00

Beds/Baths

  • Bathrooms Above Grade: 3.5
  • Bathrooms Below Grade: .75
  • Above Grade Bedrooms: 5 or more
  • Below Grade Bedrooms: 1
  • Total Bathrooms: 4.50
  • Total Bedrooms: 6

Exterior Features

  • Exterior Amenities: Deck, Patio, Out Buildings, In Grd Swimming Pool, Fence
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Gravel Road, Wooded Lot, View, Oiled Road
  • Style: 2.5 Story

Garage/Parking

  • Garage: 4
  • Garage Features: Cabinets, Garage Door Opener, Heated, Floor Drain
  • Garage Type: Attached & Detached

Utilities

  • Heating: Gas Forced Air, Propane
  • Hot Water Heater: Gas
  • Services: Propane-Own, Well, Septic, School Bus

Association/Amenities

  • Association Fee: N

Schools

  • School District: Lewis Central
  • Elementary School: Lewis Central
  • Middle School: Lewis Central
  • High School: Lewis Central
  • Elementary School: Lewis Central
  • High School: Lewis Central
  • Jr High: Lewis Central
  • School District: Lewis Central

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 20 net acres
  • Lot Size Range: Over 10 up to 20 Acres

Building Info

  • Construction: Brick
  • Year Built: 1995

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 10,428
  • Net Taxes: 10,428
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 5, 2025
Sold by
Tracie L Rorie Living Trust and Rorie Tracie L
Bought by
Lorraine E Galvani Trust and Taylor
Seller's Agent
Pamela Seefus
Heartland Properties
Buyer's Agent
Jamie Leaders
J. Leaders Realty
List Price
$1,695,000
Sold Price
$2,500,000
Premium/Discount to List
$805,000
47.49%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.93%

Purchase Details

Listed on
Jul 2, 2015
Closed on
May 9, 2017
Sold by
Braymen William J
Bought by
Rorie Shawn A and Rorie Tracie
Seller's Agent
Elaine Jacobsen
NP Dodge RE Sales Inc Co Bluff
Buyer's Agent
Brent Johnson
NP Dodge RE Sales Inc Co Bluff
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$103,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $2,500,000 None Listed On Document
Warranty Deed $628,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,000 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $103,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $395,361 New Conventional
Previous Owner $405,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $2,500,000 +47.5% $418 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $1,695,000 +93.7% $284 / Sq Ft
05/19/2017 05/19/17 Sold $875,000 -2.2% $146 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $895,000 -- $150 / Sq Ft
Source: Southwest Iowa 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
2024 $10,428 $825,446 $21,062 $804,384
2023 $10,096 $819,362 $21,062 $798,300
2022 $9,612 $605,701 $15,008 $590,693
2021 $9,520 $607,612 $16,919 $590,693
2020 $9,520 $557,561 $17,138 $540,423
2019 $8,124 $491,165 $0 $0
2018 $7,854 $470,710 $0 $0
2017 $6,824 $455,402 $0 $0
2016 $6,382 $455,402 $0 $0
2015 $6,560 $472,201 $0 $0
2014 $6,610 $472,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 25-902

Southwest Iowa Association of Realtors®

APN: 021010000000000