Are you seeking a stunning lakefront retreat on Rathbun Lake in the private Indian Ridge community? This charming home offers breathtaking views, spacious living, and endless relaxation opportunities. It features a well-equipped kitchen with ample storage, three large bedrooms with generous closets, and 1.5 bathrooms. There are two inviting living areas, perfect for family gatherings, along with a detached garage and carport. The expansive back deck is ideal for entertaining or enjoying panoramic lake views, enhanced by large windows along the east side that frame the scenery beautifully. Situated on a shaded yard with mature trees, the property includes two parking areas and a walkout basement leading to a back patio, perfect for lakeside relaxation. A short drive from the home, an additional large lot boasts a 36’x40’ pole building—great for storage, a workshop, or guest space with utility hookups. The home is fully furnished, including a golf cart and fishing boat, allowing you to move right in and start living your lakefront dream. Designed for a peaceful, owner-occupied environment, the subdivision fosters a welcoming community without rental properties. This is an excellent opportunity for buyers seeking a well-maintained, serene Rathbun Lake home with stunning views and amenities. Contact me to schedule your private tour!
Sold
$214,900
1097 250th St, Melrose, IA 52569
3beds
1,874sqft
Single Family Residence
Built in 1980
0.61 Acres Lot
$219,200 Zestimate®
$115/sqft
$1,373 Estimated rent
Home value
$219,200
Estimated sales range
Not available
$1,373/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Olivia Teno 641-777-1345,
Hawkeye Farm Mgmt & Real Estat
Bought with:
Outside Agent-SEIA Outside Agent-SEIA, ***
Outside Office
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6329160
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 2
- Level: Lower
Bedroom 3
- Level: Lower
Other
- Level: Upper
Dining room
- Description: Breakfast Bar,Eat In Kitchen,Kitchen/Dining Room
- Level: Upper
Other
- Level: Lower
Family room
- Description: Lower Level
- Level: Lower
Kitchen
- Level: Upper
Living room
- Level: Upper
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
Features
- Basement: Finished,Full,Walk-Out Access
- Has fireplace: No
- Common walls with other units/homes: 0
Interior area
- Total interior livable area: 1,874 sqft
- Finished area above ground: 1,874
Property
Parking
- Total spaces: 1
- Parking features: Carport, Gravel
- Garage spaces: 1
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Has view: Yes
- View description: East, Lake, Panoramic
- Has water view: Yes
- Water view: East,Lake,Panoramic
- Waterfront features: Waterfront Present, Road Between Waterfront And Home
- Body of water: Rathbun Reservoir
Lot
- Size: 0.61 Acres
- Dimensions: 0.61 +/- Acres
- Features: Corner Lot, Irregular Lot
Details
- Additional structures: Outbuilding
- Parcel number: 002040F01400100
- Zoning: Residential-Single Family
- Other equipment: Fuel Tank - Rented
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Metal
Condition
- Year built: 1980
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Shared Septic
- Water: Rural/Municipality, Shared System
Community & HOA
HOA
- Has HOA: No
- Services included: Sewer, Shared Amenities, Water
- HOA name: SEIA
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $141,600
- Annual tax amount: $2,640
- Date on market: 6/27/2025
- Cumulative days on market: 5 days
- Inclusions: All appliances and personal property remaining except black bar cabinet, pontoon and air compressor.
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Listed for sale | $214,900$115/sqft |
Source:  DMMLS #723214 Report a problem | ||
| 7/25/2025 | Sold | $214,900$115/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6329160 Report a problem | ||
| 7/3/2025 | Pending sale | $214,900$115/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6329160 Report a problem | ||
| 6/27/2025 | Listed for sale | $214,900+152.8%$115/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6329160 Report a problem | ||
| 6/16/2014 | Sold | $85,000-2.9%$45/sqft |
Source: NoCoast MLS as distributed by MLS GRID #5374374 Report a problem | ||
| 11/26/2013 | Listed for sale | $87,500+118.8%$47/sqft |
Source: Hometown Realty #16554 Report a problem | ||
| 7/2/2013 | Sold | $40,000$21/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,776 +2.8% | $141,600 +8% |
| 2024 | $1,728 -6.1% | $131,140 |
| 2023 | $1,840 +17.9% | $131,140 +11.3% |
| 2022 | $1,560 +10.5% | $117,800 +16.1% |
| 2021 | $1,412 +2% | $101,460 +20% |
| 2020 | $1,384 -7.2% | $84,550 |
| 2019 | $1,492 +3.8% | $84,550 -1.8% |
| 2018 | $1,438 | $86,080 +1.7% |
| 2017 | $1,438 +1.1% | $84,622 |
| 2016 | $1,422 +32.2% | $84,622 +27.7% |
| 2015 | $1,076 | $66,250 |
| 2014 | $1,076 +11.4% | $66,250 |
| 2013 | $966 -9.4% | -- |
| 2011 | $1,066 +1.3% | -- |
| 2010 | $1,052 +24.6% | -- |
| 2009 | $844 +4.7% | -- |
| 2008 | $806 +30% | -- |
| 2007 | $620 | -- |
Find assessor info on the county website
Neighborhood: 52569
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Nearby schools
GreatSchools rating
- 4/10Wayne Elementary SchoolGrades: PK-6Distance: 14.9 mi
- 5/10Wayne Community Jr-Sr High SchoolGrades: 7-12Distance: 14.7 mi
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- Iowa
- Wayne County
- Plano
- 52569
- 1097 250th St
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