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Pending
    • Price cut: $8.5K (6/26)
    $234,000

    502 Butler St, Melbourne, IA 50162

    5beds
    1,344sqft
    : 
    $1,682/mo
    Get pre-qualified
    Single Family Residence
    Built in 1966
    0.27 Acres Lot
    $-- Zestimate®
    $174/sqft
    $-- HOA

    What's special

    New flooringThoughtfully updated interiorSpacious fully-fenced backyardFresh exterior paintBrand-new metal roof
    Finding a 5-BR home w/modern updates, room to spread out, & peace of mind is becoming harder—especially at this price point. Welcome to Melbourne, where small-town charm meets everyday comfort in this spacious home w/more than 1,900 sq ft of living space. From the moment you arrive, you'll appreciate the fresh exterior paint & brand-new metal roof, providing long-lasting durability for years to come. Step inside to a refreshed interior—new flooring & modern paint tones create a clean, welcoming feel. The main level offers 3 comfortable BRs & a full BA, while the LL expands your living options w/2 add'l BRs & convenient ¾ BA—perfect for guests or home office. A newly installed drainage system w/ a lifetime transferable warranty adds even more peace of mind & value. The kitchen comes fully equipped w/ appliances included, making your move-in simple. The spacious dining area provides plenty of room for meals, gatherings, & making memories w/ those who matter most. Outside, enjoy a large fully-fenced yard ready for whatever life brings—a play area, garden, entertaining space, or a safe place for pets to roam. A storage shed adds extra convenience for tools, toys, & outdoor items. With thoughtful updates, 5 BRs, a functional layout, & the welcoming feel of a small town, this home offers the space & value you've been looking for. Come see why this could be the perfect place to call home! Call your favorite RE team today to schedule your private tour!
    26 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lacie Sibley 515-669-9430,

    Boutique Real Estate

    Source: DMMLS,MLS#: 739921MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 3
      Heating
      • Forced Air, Gas, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove
      Features
      • Dining Area
      • Flooring: Carpet
      • Basement: Finished,Partially Finished
      Interior area
      • Total structure area: 1,344
      • Total interior livable area: 1,344 sqft
      • Finished area below ground: 650

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Two Car Garage
      • Attached garage spaces: 2
      Features
      • Levels: Multi/Split
      Lot
      • Size: 0.27 Acres
      Details
      • Parcel number: 821906407005
      • Zoning: Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Split-Foyer
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Block
      • Roof: Metal
      Condition
      • Year built: 1966

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $171,930
      • Annual tax amount: $2,506
      • Date on market: 5/4/2026
      • Cumulative days on market: 107 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,427/mo

        Price history

        DateEventPrice
        7/29/2026Pending sale$234,000$174/sqft
        Source: DMMLS #739921 Report a problem
        6/26/2026Price change$234,000-3.5%$174/sqft
        Source: DMMLS #739921 Report a problem
        5/18/2026Price change$242,500-3%$180/sqft
        Source: DMMLS #739921 Report a problem
        5/4/2026Listed for sale$249,900+108.3%$186/sqft
        Source: DMMLS #739921 Report a problem
        2/24/2005Sold$120,000$89/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,916 +5%$171,930 +25.8%
        2023$1,824 +1.9%$136,670 +30.2%
        2022$1,791 +7.9%$105,000
        2021$1,660 +2.5%$105,000 +12.6%
        2020$1,620 +7.2%$93,260
        2019$1,511 +4.7%$93,260 +8.2%
        2018$1,444 +7.7%$86,180 +87.1%
        2017$1,340 +3.7%$46,058 +2.4%
        2016$1,292 +4.2%$44,996 -0.2%
        2015$1,240 +0.6%$45,082 -44.3%
        2014$1,232 +2.7%$80,890
        2013$1,200 +0.4%--
        2012$1,195 -8.2%--
        2011$1,302 +3.2%--
        2010$1,262 +6.1%--
        2009$1,190 +2.1%--
        2008$1,165 +6.5%--
        2007$1,094 +10.3%--
        2005$992 --
        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.
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        Climate risks

        Neighborhood: 50162

        Getting around

        16 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: West Marshall

        Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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