$50k under appraised value? That is incredible! This spacious 6-Bedroom Home on nearly an Acre in Colfax with close to 3500 Sqft finished + Pool & outbuildings is ready for you! A rare opportunity to enjoy space, flexibility, and country-style living just outside the city limits! This expansive 6-bedroom, 3½-bath home is designed for all. Step inside to discover a nice size family room, dining room w/a gas fireplace, perfect setting for gatherings. Spacious primary suite offers its own shower and relaxing jetted tub, while the additional bedrooms provide plenty of room for family, guests, hobbies, or a dedicated home office. The fully finished basement takes the possibilities even further with a kitchenette, theater room, and workout room, 2 bedrooms with egress and a bathroom. The basement has the flexibility today's families are looking for. Outside, the property truly shines. Set on just under an acre outside the city limits, there's plenty of space to enjoy the outdoors without sacrificing convenience. Cool off in the above-ground saltwater pool (also heated), enjoy the expansive yard, or take advantage of the multiple storage options with three sheds. A two-car attached garage plus carport provides abundant parking and storage for vehicles, recreational equipment, toys, and more. Major updates offer additional peace of mind, including a full roof replacement approximately three years ago, with the furnace and central air approximately five years old.
For sale
Price cut: $10K (9/22)
$449,900
12286 Federal Ave, Colfax, IA 50054
6beds
2,268sqft
Single Family Residence
Built in 2003
0.91 Acres Lot
$439,600 Zestimate®
$198/sqft
$-- HOA
What's special
Fully finished basementNearly an acreNice size family roomSpacious primary suiteExpansive yard
- 55 days
- 1,217
- 92
Zillow last checked:
Listing updated:
Listed by:
Heather Rawlins (515)478-6780,
Iowa Realty Colfax
Source: DMMLS,MLS#: 747218
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Electric, Propane
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Dining Area, Eat-in Kitchen
- Flooring: Carpet, Tile
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Vented
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
- Finished area below ground: 1,180
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Carport, Garage, Two Car Garage
- Attached garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Grab Bars
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Exterior features: Deck, Fire Pit, Storage
- Pool features: Above Ground, Heated, Outdoor Pool
Lot
- Size: 0.91 Acres
- Features: Rectangular Lot
Details
- Additional structures: Storage
- Parcel number: 1103101009
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story,Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Colfax
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $356,810
- Annual tax amount: $4,511
- Date on market: 8/13/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Gravel
Estimated market value
$439,600
$418,000 - $462,000
$2,715/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $449,900-2.2%$198/sqft |
Source: | ||
| 8/25/2026 | Price change | $459,900-4.2%$203/sqft |
Source: | ||
| 8/13/2026 | Listed for sale | $479,900+284.2%$212/sqft |
Source: | ||
| 4/21/2011 | Sold | $124,900-3.8%$55/sqft |
Source: NoCoast MLS as distributed by MLS GRID #5445842 Report a problem | ||
| 2/13/2011 | Pending sale | $129,900$57/sqft |
Source: Fannie Mae #63192 Report a problem | ||
| 1/31/2011 | Price change | $129,900-11.6%$57/sqft |
Source: Fannie Mae #63192 Report a problem | ||
| 12/4/2010 | Listed for sale | $147,000$65/sqft |
Source: foreclosure.com Report a problem | ||
| 10/4/2010 | Listing removed | $147,000$65/sqft |
Source: Fannie Mae Report a problem | ||
| 9/24/2010 | Price change | $147,000-32.4%$65/sqft |
Source: Fannie Mae Report a problem | ||
| 9/21/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 9/13/2010 | Sold | $217,573$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $356,810 +16.1% |
| 2024 | -- | $307,340 |
| 2023 | -- | $307,340 +28.1% |
| 2022 | $3,212 +12% | $239,990 +8.8% |
| 2021 | $2,868 -1.1% | $220,550 +20.2% |
| 2020 | $2,899 +3.2% | $183,520 |
| 2019 | $2,809 +9.2% | $183,520 +15.8% |
| 2018 | $2,573 +9% | $158,490 +9.3% |
| 2017 | $2,360 -2.1% | $144,940 +0.1% |
| 2016 | $2,410 | $144,840 -0.2% |
| 2015 | $2,410 | $145,120 |
Find assessor info on the county website
Monthly payment
Est. payment





