Pending

$147,900

601 Railroad St, Melbourne, IA 50162

4beds

1,177sqft

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Single Family Residence

Built in 1922

0.71 Acres Lot

$144,500 Zestimate^®

$126/sqft

$-- HOA

What's special

Durable metal roofs

Rare Opportunity in Melbourne! If you’ve been looking for space to spread out, this is it. Situated on a massive, flat 3/4 acre lot, this property features an incredible setup for any hobbyist or mechanic: a 2-car detached garage, a 2-stall outbuilding, and an additional 1-car detached garage—all featuring durable metal roofs. The home offers 3 bedrooms on the main floor and 1-2 additional attic bedrooms, just waiting for the right person to bring their vision and "love and affection." Close to Hwy 330 for an easy commute.

41 days

38

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Features

Dining Area, Eat-in Kitchen
Flooring: Carpet, Laminate, Vinyl
Basement: Daylight

Interior area

Total structure area: 1,177
Total interior livable area: 1,177 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached, Garage, One Car Garage, Two Car Garage
Garage spaces: 1

Features

Stories: 1
Patio & porch: Deck
Exterior features: Deck, Fire Pit

Lot

Size: 0.71 Acres
Features: Rectangular Lot

Details

Parcel number: 821906276013
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block
Roof: Metal

Condition

Year built: 1922

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Melbourne

Financial & listing details

Price per square foot: $126/sqft
Tax assessed value: $95,630
Annual tax amount: $3,600
Date on market: 5/14/2026
Cumulative days on market: 59 days
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

$144,500

$137,000 - $152,000

$1,266/mo

Price history

Date	Event	Price
5/31/2026	Pending sale	$147,900$126/sqft
Source: DMMLS #740657 Report a problem
5/14/2026	Listed for sale	$147,900+40.9%$126/sqft
Source: DMMLS #740657 Report a problem
1/23/2024	Sold	$105,000-12.4%$89/sqft
Source: DMMLS #684391 Report a problem
11/15/2023	Pending sale	$119,900$102/sqft
Source: DMMLS #684391 Report a problem
10/26/2023	Listed for sale	$119,900$102/sqft
Source: DMMLS #684391 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,122 -3.6%	$95,630
2023	$1,164 +1.9%	$95,630 +35.9%
2022	$1,142 +5.4%	$70,370
2021	$1,083 +2.6%	$70,370 +9.7%
2020	$1,055 +3.9%	$64,130
2019	$1,016 +0.5%	$64,130 +4.8%
2018	$1,011 +18.9%	$61,180 +89.7%
2017	$850 -0.9%	$32,243 +2.5%
2016	$858 +4.4%	$31,457 -0.2%
2015	$822 +1%	$31,521 -47.4%
2014	$814 +1.8%	$59,880
2013	$800 -0.4%	--
2012	$803 -6.5%	--
2011	$859 +3.7%	--
2010	$828 +7%	--
2009	$774 +2.4%	--
2008	$756 +7.1%	--
2007	$706 +11.4%	--
2005	$634	--

Find assessor info on the county website

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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