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Sold for $235,000
  • Zillow Home logoZestimate®
    $235,000

    502 Butler St, Melbourne, IA 50162

    5beds
    1,344sqft
    Single Family Residence
    Built in 1966
    0.27 Acres Lot
    $235,000 Zestimate®
    $175/sqft
    $1,480 Estimated rent

    Home value

    $235,000

    Estimated sales range

    Not available

    $1,480/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lacie Sibley 515-669-9430,

    Boutique Real Estate

    Bought with:

    Brett Corrigan

    RE/MAX Revolution

    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: $175/sqft
    • Tax assessed value: $198,330
    • Annual tax amount: $2,506
    • Date on market: 5/4/2026
    • Cumulative days on market: 81 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Concrete

    Price history

    DateEventPrice
    8/24/2026Sold$235,000+0.4%$175/sqft
    Source: DMMLS #739921 Report a problem
    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
    2025$2,358 +23%$198,330 +15.4%
    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

    Neighborhood: 50162

    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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