Contract pending!
Built in 1900 and ready for its next chapter! This 3-bedroom Underwood home offers an affordable opportunity for a buyer willing to put in some work and make it their own. A long-term rental, the interior is ready for renovation, while several major improvements have already been completed, including a newer roof, vinyl siding, newer furnace, water heater and new sewer line. Situated on a fenced .20-acre lot with a great 22' x 24' detached 2-car garage. Original woodwork and built-ins add character and potential.
Pending
$125,000
110 2nd Ave, Underwood, IA 51576
3beds
1baths
910sqft
Single Family Residence
Built in 1900
8,875 Square Feet Lot
$121,400 Zestimate®
$137/sqft
$-- HOA
What's special
Newer furnaceNewer roofVinyl sidingWater heater
- 9 days
- 303
- 16
Zillow last checked:
Listing updated:
Listed by:
Lynn Leaders 402-677-7653,
Heartland Properties
Source: SWIAR,MLS#: 26-1850
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen, Ceiling Fan(s)
- Basement: Partial
Interior area
- Total structure area: 910
- Total interior livable area: 910 sqft
- Finished area above ground: 910
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 8,875 Square Feet
- Dimensions: 71 X 125
Details
- Parcel number: 7642 16 207 005 and 7642 16 207 004
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Underwood
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $116,400
- Annual tax amount: $1,684
- Date on market: 8/26/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$121,400
$115,000 - $127,000
$1,343/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Pending sale | $125,000$137/sqft |
Source: SWIAR #26-1850 Report a problem | ||
| 8/26/2026 | Listed for sale | $125,000$137/sqft |
Source: SWIAR #26-1850 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,684 +3.8% | $116,400 +21.4% |
| 2024 | $1,622 +5.1% | $95,900 |
| 2023 | $1,544 +1.2% | $95,900 +24.5% |
| 2022 | $1,526 +5.8% | $77,000 |
| 2021 | $1,442 +1.4% | $77,000 +11% |
| 2020 | $1,422 +31.9% | $69,400 |
| 2019 | $1,078 +2.3% | $69,400 +36.2% |
| 2018 | $1,054 -1.7% | $50,936 |
| 2017 | $1,072 +3.1% | $50,936 |
| 2015 | $1,040 +0.4% | $50,936 |
| 2014 | $1,036 | $50,936 |
| 2013 | -- | $50,936 |
| 2012 | -- | $50,936 |
| 2011 | -- | $50,936 -5% |
| 2010 | -- | $53,617 |
| 2009 | -- | $53,617 |
| 2007 | $898 +30.1% | $53,617 +8% |
| 2006 | $690 +10.2% | $49,645 |
| 2005 | $626 | -- |
| 2002 | -- | $44,326 |
| 2001 | -- | -- |
| 2000 | $508 | $21,517 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 51576
Nearby schools
Schools provided by the listing agent
- Elementary: Underwood
- Middle: Underwood
- High: Underwood
Source: SWIAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





