$875,000
SOLD MAY 19, 2017

50043 240th St Council Bluffs, IA 51503

6 Beds
4.5 Baths
5,977 Sq Ft
21.13 Acres

Recently Sold

$146 Per Sq Ft

2% Below List Price

117 Days on Market

Highlights

  • Spa
  • Home fronts a pond
  • Family Room with Fireplace
  • West Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of June 2025

Enjoy the serenity of this country escape yet w/in minutes of the metro! 6 BR brick home on 47 acres! Master suite includes dressing area & spacious study w/vaulted ceilings & FP. Enjoy private timbered wooded setting, fishing pond w/dock & 18.9 acres tillable land. 4 car attached garage + heated/cooled bldg. w/shop perfect for car enthusiasts. Lots of comfortable living in this must see home!

Last Agent to Sell the Property

Elaine Jacobsen

NP Dodge RE Sales Inc Co Bluff Brokerage Phone: 402-960-7029 License #20050498 Listed on: 07/02/2015

Last Buyer's Agent

Brent Johnson

NP Dodge RE Sales Inc Co Bluff License #20140125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 2077 x 875 x 2588 x 480 x 490 x 370
  • Home fronts a pond
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2.5-Story Property
  • Ceiling height of 9 feet or more
  • Family Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Only

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Glenwood Elementary And Middle School
  • Glenwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 021010000000000 and 021020000000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,260

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Parcel Number: 021010000000000 and 021020000000000
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Prop. Type: Residential
  • Lot Size: 2077 x 875 x 2588 x 480 x 490 x 370
  • Ownership: Fee Simple
  • Directions: I-80 East, I-29 S, IA-370 Exit, stay straight to go onto Bunge Ave, Turn right onto Wabash Ave/L35, then Left onto Barrus Road, Left onto 237th, R onto Brothers, 1st Left onto 240th to House
  • Above Grade Finished Sq Ft: 5060
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2.5 Story
  • New Construction: No
  • Kitchen Level: Main Floor
  • Attribution Contact: M: 402-960-7029
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 917
  • Fireplace Features: Family Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 5977
  • Main Level Bathrooms: 1
  • Room Bedroom2 Area: 134.5139
  • Room Bedroom3 Area: 142.375
  • Room Bedroom4 Area: 142.375
  • Room Bedroom5 Area: 216.8194
  • Bedroom 1 Level: 2nd Floor
  • Room Bedroom2 Level: 2nd Floor
  • Room Bedroom3 Level: 2nd Floor
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Third
  • Room Dining Room Area: 168.75
  • Room Family Room Area: 370.4306
  • Dining Room Dining Room Level: Main Floor
  • Room Family Room Level: Main Floor
  • Room Kitchen Features: Ceramic Tile Floor, Dining Area, Pantry
  • Bedroom 1 Features: Wall/Wall Carpeting, 9'+ Ceiling
  • Room Bedroom2 Features: Wall/Wall Carpeting
  • Room Bedroom3 Features: Wall/Wall Carpeting
  • Room Bedroom4 Features: Wall/Wall Carpeting
  • Room Bedroom5 Features: Wall/Wall Carpeting
  • Room Master Bedroom Area: 293.2222
  • Dining Room Features: Wall/Wall Carpeting
  • Family Room Features: Wood Floor, Fireplace, Balcony/Deck
  • Master Bedroom Master Bedroom Level: 2nd Floor
  • Master Bedroom Master Bedroom Width: 15.1667
  • Master Bedroom Features: Wall/Wall Carpeting, Walk-In Closet(s)
  • Master Bathroom Features: Shower, Whirlpool, Double Sinks

Exterior Features

  • Fencing: Other
  • Waterfront Features: Pond/Stream
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Patio, Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Parking Features: Attached, Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Laundry Features: Ceramic Tile Floor
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Glenwood
  • Elementary School: Glenwood
  • Junior High Dist: Glenwood
  • Middle Or Junior School: Glenwood

Lot Info

  • Property Attached Yn: No
  • Lot Features: More than 40 Acres, Rolling Slope, Pond/Stream on Prop, Wooded
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7260
  • Tax Block: 0

Multi Family

  • Above Grade Finished Area Units: Square Feet

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
Current Estimated Value
$2,099,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$400,565
Avg. Annual Appreciation
-93.88%

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:

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
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: Great Plains Regional MLS

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 $10,186 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: 21512409

Great Plains Regional MLS

APN: 021010000000000