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  • $400,000

    1914 515th Ave, Melrose, IA 52569

    --beds
    --baths
    --sqft
    Farm
    Built in ----
    54 Acres Lot
    $346,000 Zestimate®
    $--/sqft
    $1,037 Estimated rent

    Home value

    $346,000

    $242,000 - $471,000

    $1,037/mo

    Zestimate® history
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    What's special

    Attractive Southern Iowa Rural Building Site and Recreational Property Located on Pavement in Monroe County Near Melrose, Iowa. This tract is a rare find just north of Iowa’s “Little Ireland” with 54+/- acres offering a desirable setting and stunning views near Hwy 34, a short drive to Rathbun Lake, Melrose, Albia, or Chariton. This property offers great building potential for full-time living or part-time recreation with the bonus of a paved road, so your boat or camper never has to touch gravel. The diverse layout with hay ground, timberland offering a developed trail system, pond with a concrete dock and several acres of established aronia berries make for a one-of-a-kind opportunity. This property offers a multitude of options whether looking to build your dream home, establish a hobby farm in the heart of cattle country or seeking your recreational paradise with hunting out your back door and 11,000-acre Rathbun Lake minutes away. The seller will remove the existing home so new buyer will have a blank canvas to do as they wish on any of the multiple building sites high on the ridge overlooking the rolling southern Iowa landscape. Property has a portion that is zoned commercial for multi-use. Details available upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Ammons 641-777-2861,

    Hawkeye Farm Mgmt & Real Estat,

    Ryan Ammons 641-777-2955,

    Hawkeye Farm Mgmt & Real Estat

    Bought with:

    Nathan Ammons, ***

    Hawkeye Farm Mgmt & Real Estat

    Ryan Ammons, ***

    Hawkeye Farm Mgmt & Real Estat

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6315332MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 54 Acres
    • Dimensions: 54 +/- Acres
    Details
    • Parcel number: 012060617022000000
    • Zoning: Agriculture,Business/Com

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Farm

    Community & HOA

    HOA
    • Has HOA: No
    • HOA name: SEIA
    Location
    • Region: Melrose

    Financial & listing details

    • Tax assessed value: $37,020
    • Annual tax amount: $1,483
    • Date on market: 4/30/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/3/2024Sold$400,000-4.8%
    Source: NoCoast MLS as distributed by MLS GRID #6315332 Report a problem
    3/14/2024Pending sale$420,000
    Source: NoCoast MLS as distributed by MLS GRID #6315332 Report a problem
    3/12/2024Listed for sale$420,000
    Source: NoCoast MLS as distributed by MLS GRID #6315332 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,350 +7.3%$37,020 -56.7%
    2024$1,258 +3.6%$85,510
    2023$1,214 -1.9%$85,510 +29.7%
    2022$1,238 +7.8%$65,910
    2021$1,148 -1.2%$65,910 +10.3%
    2020$1,162 +6.6%$59,780
    2019$1,090 -45.9%$59,780 -3.3%
    2018$2,014 +87.5%$61,820 +11.9%
    2017$1,074 +15%$55,268
    2016$934 +1.5%$55,268 +0.7%
    2015$920 $54,880
    2014$920 +3.6%$54,880
    2013$888 --
    Find assessor info on the county website

    Neighborhood: 52569

    Nearby schools

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