Sold

$200,000

5057 262nd St, Melrose, IA 52569

2beds

1,154sqft

Single Family Residence

Built in 1900

3 Acres Lot

$232,700 Zestimate^®

$173/sqft

$822 Estimated rent

Home value

$232,700

$216,000 - $251,000

$822/mo

Zestimate^® history

Owner options

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$822/mo

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$822/mo

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$1,415/mo

Est. payment

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$1,415/mo

Est. payment

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What's special

***MOTIVATED SELLERS!!*** Acreage Home features open floor plan, eat in kitchen and main floor bath and laundry. 3 acres m/l. Completely remodeled in the last few years with new wiring, drywall, walk-in closet and big back mud room (currently a 3rd bedroom) 2 bedrooms on second level. Has oversized two car garage and additional to a 14×24 cabin and older barn. Walking distance to Lake Rathbun and all its amenities. About five miles south of Melrose. Would make a good retreat home with plenty of room to expand. Fenced area great for any hobby farmer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Features

Basement: Partial

Interior area

Total interior livable area: 1,154 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Accessibility

Accessibility features: Partially Wheelchair

Features

Levels: Two

Lot

Size: 3 Acres

Details

Parcel number: 180930006000000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding

Condition

Year built: 1900

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

HOA

Has HOA: No
HOA name: SEIA

Location

Region: Melrose

Financial & listing details

Price per square foot: $173/sqft
Tax assessed value: $152,330
Annual tax amount: $1,652
Date on market: 4/30/2025
Cumulative days on market: 152 days

Price history

Date	Event	Price
2/9/2024	Pending sale	$219,900+10%$191/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
2/8/2024	Sold	$200,000-9%$173/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
11/20/2023	Contingent	$219,900$191/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
9/20/2023	Price change	$219,900-6.4%$191/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
9/13/2023	Price change	$234,900-2.1%$204/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
9/7/2023	Price change	$239,900-4%$208/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
8/29/2023	Price change	$249,900-3.8%$217/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
8/22/2023	Price change	$259,900-1.9%$225/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
8/14/2023	Price change	$264,900-1.9%$230/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
8/7/2023	Price change	$269,900-2.2%$234/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
7/27/2023	Price change	$275,900-4.8%$239/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
7/1/2023	Price change	$289,9000%$251/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309206 Report a problem
6/14/2023	Listed for sale	$289,999+94.6%$251/sqft
Source: Owner Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
9/15/2016	Listing removed	$149,000$129/sqft
Source: Owner Report a problem
7/28/2016	Listed for sale	$149,000+87.4%$129/sqft
Source: Owner Report a problem
5/30/2015	Listing removed	$79,500$69/sqft
Source: Owner Report a problem
4/25/2015	Listed for sale	$79,500-8.1%$69/sqft
Source: Owner Report a problem
9/25/2014	Listing removed	$86,500$75/sqft
Source: Owner Report a problem
7/28/2014	Price change	$86,500-1.1%$75/sqft
Source: Owner Report a problem
7/1/2014	Price change	$87,500-1.7%$76/sqft
Source: Owner Report a problem
6/28/2014	Listed for sale	$89,000-9.2%$77/sqft
Source: Owner Report a problem
9/17/2013	Listing removed	$98,000$85/sqft
Source: Weber Real Estate #16274 Report a problem
8/16/2013	Price change	$98,000-6.6%$85/sqft
Source: Weber Real Estate #16274 Report a problem
8/10/2013	Listed for sale	$104,900$91/sqft
Source: Weber Real Estate #16274 Report a problem
6/30/2013	Listing removed	$104,900+30.3%$91/sqft
Source: Weber Real Estate #16274 Report a problem
5/29/2012	Sold	$80,500$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,966 +6.6%	$152,330 +5.3%
2024	$1,844 +14.3%	$144,710
2023	$1,614 -2.3%	$144,710 +37.4%
2022	$1,652 +11%	$105,290
2021	$1,488 +9.4%	$105,290 +15.8%
2020	$1,360 -2.9%	$90,910
2019	$1,400 +1.6%	$90,910 +5.5%
2018	$1,378	$86,210
2017	$1,378 +0.1%	$86,210 +3.6%
2016	$1,376 -7.5%	$83,190 +4.2%
2015	$1,488	$79,860
2014	$1,488 +16.8%	$79,860
2013	$1,274 +17.5%	--
2012	$1,084 +7.3%	--
2011	$1,010 +44.3%	--
2010	$700 +22.4%	--
2009	$572 +2.9%	--
2008	$556 +1.8%	--
2007	$546	--