NOT LISTED FOR SALE

5501 E Lincoln Way Ames, IA 50010

Estimated Value: $292,533 - $604,000

4 Beds
2 Baths
1,899 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $370,000 $195 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,244/month

73 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Wood Flooring
  • 4 Car Attached Garage
  • Machine Shed

About This Home

As of June 2019

Beautiful 3 bedroom ranch with extra large 2 car garage and an additional huge shop nestled on 1.3 acre piece with mature trees and plenty of space for livestock, gardening and many other activities just east of Ames. Completely updated and move in ready with completely new big kitchen with granite counters, big island, soft close cabinets and all new appliances (2014). Home features beautiful wood floors, original wood trim, newer windows and roof, huge new master suite with walk in closet and master bathroom, 2 other bedrooms on the main, and 2 nonconforming bedrooms above, main floor laundry, and extra large 2 car attached garage. Beautiful new large deck, large back patio, mature trees, and 40'X42' concrete floored shop with 3 10' drive through doors and much more!

Last Agent to Sell the Property

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 04/08/2019

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Jen Burkamper

RE/MAX REAL ESTATE CENTER License #B40580

RE/MAX REAL ESTATE CENTER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 1 Acre Lot
  • Property is zoned Agricultural

Parking

  • 4 Car Attached Garage

Home Design

  • Block Foundation
  • Cement Board or Planked

Interior Spaces

  • 1,899 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Well House
  • Porch

Farming

  • Machine Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Rural Water
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 10-04-300-375

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 1899.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • Year Built: 1924
  • Floor:Concrete: Yes
  • Sewer:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Features:Deck-Wood: Yes
  • Features:Ceiling Fan(s): Yes
  • Floor:Hardwood: Yes
  • Outbuildings:Machine Shed: Yes
  • Foundation:Concrete Block: Yes
  • Basement Walkout: Yes
  • Water:Rural: Yes
  • Features:Home Warranty: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Full, Walkout
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Concrete, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Fiber Cement Board
  • Foundation Details: Block, Tile
  • Other Structures: Machine Shed
  • Patio And Porch Features: Deck-Wood, Patio, Porch - Open
  • Features:Patio3: Yes
  • Features:Porch - Open: Yes
  • Exterior:Fiber Cement Board: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 4 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Water Source: Rural, Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 58370.0
  • Parcel #: 10-04-300-375
  • Zoning: Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Peach William B and Peach Diane C
Bought by
Iowa Land And Building Company
Current Estimated Value
$498,383

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 18, 2019
Sold by
Dwight L Kramer Ret
Bought by
Peach William B and Peach Diane C
Seller's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Jen Burkamper
RE/MAX REAL ESTATE CENTER
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Apr 12, 2017
Sold by
Kramer Dwight L and Kramer Zoeann K
Bought by
Kramer Dwight L and Kramer Zoeann K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Iowa Land And Building Company $577,000 None Listed On Document
Peach William B $370,000 --
Kramer Dwight L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $370,000 -4.9% $195 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $389,000 -- $205 / Sq Ft
Source: Central Iowa Board of REALTORS®

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
2025 $6,972 $189,700 $189,700 $0
2024 $6,678 $480,700 $85,100 $395,600
2023 $5,576 $480,700 $85,100 $395,600
2022 $5,559 $340,300 $85,100 $255,200
2021 $5,748 $340,300 $85,100 $255,200
2020 $5,725 $335,300 $83,800 $251,500
2019 $5,662 $335,300 $83,800 $251,500
2018 $4,296 $254,700 $73,600 $181,100
2017 $4,296 $254,700 $73,600 $181,100
2016 $3,440 $254,400 $73,600 $180,800
2015 $3,440 $254,400 $73,600 $180,800
2014 $3,498 $254,400 $73,600 $180,800
Source: Public Records

Agents Affiliated with this Home

  • Gina McAndrews

    Seller's Agent in 2019

    Gina McAndrews

    CENTURY 21 SIGNATURE-Ames

    (970) 302-2560

    163 Total Sales

    Gina McAndrews
    Section Image
  • Jen Burkamper

    Buyer's Agent in 2019

    Jen Burkamper

    RE/MAX

    (515) 708-1045

    149 Total Sales

    Jen Burkamper
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 51559

APN: 10-04-300-375

Iowa Story County Ames 50010

5501 E Lincoln Way, Ames, IA

Not Listed for Sale

Detached

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