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For sale
  • $224,900

    1220 Lincoln Way, Ames, IA 50010

    3beds
    891sqft
    : 
    $1,618/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1930
    7,405 Square Feet Lot
    $216,800 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Two main-level bedroomsBeautiful hardwood floors
    Prime Iowa State Investment Opportunity - Walk to CyTown, Jack Trice & Hilton Coliseum! Location, flexibility, and long-term upside come together in this well-maintained 3-bedroom, 2-bath home at 1220 Lincoln Way--just steps from Iowa State University's most exciting growth corridor. Whether you're searching for a place to call home, a long-term rental to add to your portfolio, or a short-term rental opportunity, this property is perfectly positioned to maximize its potential. Enjoy the convenience of walking to Jack Trice Stadium, Hilton Coliseum, and the exciting new CyTown development, where dining, shopping, entertainment, and year-round activity are transforming the area. Iowa State's campus and downtown Ames are also just minutes away. Inside, you'll appreciate the warmth and character of beautiful hardwood floors, a cozy fireplace framed by built-in bookshelves, two main-level bedrooms, and a full bath. The finished lower level provides additional living space with a family room, third bedroom, ¾ bath, and laundry--offering flexibility for guests, roommates, or additional rental potential. Whether you're planning unforgettable game-day weekends, seeking a primary residence, or expanding your investment portfolio, this property offers exceptional versatility in one of Ames' most desirable locations. Don't miss this rare opportunity to own a home that offers immediate tailgating enjoyment and outstanding long-term investment potential. Schedule your showing today! Lease provision allows new owner to terminate lease with 30 days notice after sale of property.
    28 days
    |
    1,615
    |
    96
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Engelman Team 515-232-6175,

    Friedrich Realty,

    Tony McFarland 515-232-6175,

    Friedrich Realty

    Source: CIBR,MLS#: 70830MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Basement
      Full bathroom
      • Level: Main
      Other
      • Level: Basement
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Basement
      Living room
      • Level: Main
      Rec room
      • Level: Basement
      Utility room
      • Level: Basement
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      Features
      • Flooring: Vinyl, Hardwood, Carpet
      • Basement: Full
      • Has fireplace: Yes
      Interior area
      • Total structure area: 891
      • Total interior livable area: 891 sqft
      • Finished area below ground: 500

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Lot
      • Size: 7,405 Square Feet
      • Features: Level
      Details
      • Parcel number: 0910201030
      • Zoning: UCRM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Foundation: Tile, Brick/Mortar
      Condition
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ames

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $183,600
      • Annual tax amount: $1,786
      • Date on market: 7/27/2026

        Estimated market value

        $216,800

        $206,000 - $228,000

        $1,382/mo

        Price history

        DateEventPrice
        7/27/2026Listed for sale$224,900+104.5%$252/sqft
        Source: CIBR #70830 Report a problem
        7/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/1/2024Price change$1,295-23.1%$1/sqft
        Source: Zillow Rentals Report a problem
        6/3/2024Listed for rent$1,685-1.2%$2/sqft
        Source: Zillow Rentals Report a problem
        11/1/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/20/2023Price change$1,705+1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        10/23/2022Listed for rent$1,675+2.4%$2/sqft
        Source: Zillow Rental Manager Report a problem
        12/10/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/11/2021Listed for rent$1,635+2.2%$2/sqft
        Source: Zillow Rental Network Premium Report a problem
        12/16/2020Listing removed$1,600$2/sqft
        Source: EZ Properties Report a problem
        10/13/2020Listed for rent$1,600+33.3%$2/sqft
        Source: EZ Properties Report a problem
        1/31/2020Listing removed$1,200$1/sqft
        Source: E-Z Properties Report a problem
        12/3/2019Price change$1,200-14.3%$1/sqft
        Source: EZ Properties Report a problem
        11/1/2019Listed for rent$1,400$2/sqft
        Source: EZ Properties Report a problem
        10/31/2019Sold$110,000$123/sqft
        Source: CIBR #53235 Report a problem
        10/15/2019Listed for sale$110,000$123/sqft
        Source: Friedrich Iowa Realty/Somerset #53235 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,786 +2.2%$183,600 +49.1%
        2024$1,748 -6.4%$123,100
        2023$1,868 +1.3%$123,100 +10.9%
        2022$1,844 -4.2%$111,000
        2021$1,924 +1.4%$111,000 +1.5%
        2020$1,897 -3.3%$109,400
        2019$1,963 +19.5%$109,400
        2018$1,643 +10.2%$109,400
        2017$1,490 +2.6%$109,400 +20%
        2016$1,452 $91,200
        2015$1,452 +13.3%$91,200 +4.8%
        2014$1,282 $87,000 +6.1%
        2013-- $82,000
        2012-- $82,000
        2011$1,186 +2.8%--
        2010$1,154 +7.6%--
        2009$1,072 +3.3%--
        2008$1,038 +2%--
        2007$1,018 -1.9%--
        2006$1,038 +5.1%--
        2005$988 +0.4%--
        2004$984 +5.6%$74,500
        2003$932 -14.3%--
        2002$1,087 +3.9%$35,238 +1.8%
        2001$1,046 $34,603
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oak-Riverside

        Getting around

        55 / 100
        Somewhat Walkable
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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