NOT LISTED FOR SALE

505 High St NE Elkader, IA 52043

Estimated Value: $123,000 - $170,000

4 Beds
1 Bath
2,150 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $138,000 $64 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,059/month

13 Days on Market

About This Home

As of September 2023

This adorable 2-story looking farmhouse is located in the city limits of Elkader, within walking distance to downtown. This home has been a second home to many families in our community as it has been an in-home daycare for almost 40 years! Featuring 4 bedrooms and 1 large full bathroom, this home has great bones inside and out and would have much to offer with the right vision. Three bedrooms are located upstairs and would fit a queen or king bed as the bedroom sizes are all 11 x 12. The closets in each bedroom upstairs are spacious and there is a larger closet in the hallway for additional storage. Original hardwood floors or pine floors are currently being protected with carpet upstairs are in good condition all throughout this home. The main level has 1 bedroom, an open large kitchen, and a large dining room and living room in the front of the house, which also opens up into an enclosed front porch. The washer and dryer are located on the first floor, all appliances are staying. There is an additional toilet on the main floor, hookups for a toilet in the basement already exist next to a functioning vanity. In addition, the sellers are leaving an upright freezer located in the basement. This house is a second generation home, originally built in 1915, and is very well maintained. The home owners have taken great care of this property with the inside and outside being well maintained with one of the most pristine manicured lawns in Elkader. This home has an awesome walk up attic, with a full staircase, and the original brick chimney exposed. This space is large and has potential to create additional living space. This would be a wonderful office, a large bedroom, a toy room, or a quiet reading space. The sellers are willing to leave two bedroom sets, 2 dining room tables and chairs and the entertainment center. Making this home already partially furnished. The open spacious concept of this home makes it easy to envision a modern home and also includes a carport connected to the house, a single stall garage and an additional detached small garage or shed with ample yard space. All these options while still living in town. This home is a must see. This is the perfect time to create your own modern two story home with some cosmetic updates.

Last Agent to Sell the Property

Amy Holst

EXIT Realty Driftless Group License #S7149400 Listed on: 07/28/2023

EXIT Realty Driftless Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1915

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80.00 x 120.00

Parking

  • Carport

Home Design

  • Block Foundation
  • Concrete Roof
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Central Elementary And Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2523101007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,445

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Parcel Number: 2523101007
  • Year Built: 1915
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-231-9037
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Concrete
  • TotalFinishedSquareFootage: 2150
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Entrance-Inside
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 900

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Central
  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 80.00 x 120.00
  • Lot Size Sq Ft: 9600
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2445.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 26, 2023
Sold by
Wilker Brian and Wilker Dixie
Bought by
Baumgartner Devon W and Baumgartner Samantha P
Seller's Agent
Amy Holst
EXIT Realty Driftless Group
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%
Views
48
Current Estimated Value
$147,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,629
Avg. Annual Appreciation
4.58%
Original Mortgage
$100,000
Outstanding Balance
$98,475
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$51,524

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 31, 2023
Sold by
City Of Elkader Iowa
Bought by
Wilker Brian and Wilker Dixie
Seller's Agent
Amy Holst
EXIT Realty Driftless Group
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$98,475
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$51,524

Purchase Details

Closed on
May 6, 2011
Sold by
Wilker Burnell A and Wilker Iva Dean
Bought by
Wilker Brian and Wilker Dixie
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Baumgartner Devon W $138,000 None Listed On Document
Wilker Brian -- None Listed On Document
Wilker Brian $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumgartner Devon W $100,000
Previous Owner Wilker Brian $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $138,000 -4.8% $64 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $144,900 -- $67 / Sq Ft
Source: Northeast Iowa Regional Board 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 $2,914 $129,783 $10,330 $119,453
2023 $2,408 $128,253 $8,800 $119,453
2022 $2,228 $101,143 $8,000 $93,143
2021 $1,972 $101,143 $8,000 $93,143
2020 $1,972 $93,844 $8,000 $85,844
2019 $1,794 $93,844 $8,000 $85,844
2018 $1,794 $87,840 $8,000 $79,840
2017 $1,762 $87,840 $8,000 $79,840
2015 $1,908 $91,901 $10,560 $81,341
2014 $1,792 $91,901 $10,560 $81,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233161

Northeast Iowa Regional Board of REALTORS®

APN: 22-25-23-101-007