Investment opportunity awaits for this 1 1/2 story home with plenty of space and potential, offering small-town living on a generous 1/2-acre corner lot. This longtime rental property features 4 bedrooms , 1 full bath with convenient main-floor laundry, and a separate dining area.
Outside, the property includes two detached garages, one ideal for vehicle parking or workshop space, while the older garage offers excellent storage options plus an additional small shed for lawn and garden equipment. The large lot provides room for outdoor activities, gardening, or future improvements.
Enjoy affordable living with low property taxes and an easy commute to surrounding communities while still appreciating the quiet atmosphere of small-town Iowa living. This property offers a great opportunity for investors, or anyone looking to add their own updates and personal touch.
This is an estate, property sells "As Is"
All information obtained from seller and public record.
Sold for $51,500
Zestimate®
$51,500
605 3rd St, Rippey, IA 50235
4beds
1,299sqft
Single Family Residence
Built in 1914
0.5 Acres Lot
$51,500 Zestimate®
$40/sqft
$1,245 Estimated rent
Home value
$51,500
Estimated sales range
Not available
$1,245/mo
Zestimate® history
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$269/mo
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List your homeWhat's special
Convenient main-floor laundryTwo detached garagesSeparate dining area
Zillow last checked:
Listing updated:
Listed by:
Amy Chaney-Rathje (515)360-6490,
RE/MAX Precision
Bought with:
Amy Chaney-Rathje
RE/MAX Precision
Source: DMMLS,MLS#: 740259
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Dining Area
Interior area
- Total structure area: 1,299
- Total interior livable area: 1,299 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 0.5 Acres
- Dimensions: 132 x 165
- Features: Rectangular Lot
Details
- Parcel number: 1611152005
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story,Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Storage Facilities
HOA
- Has HOA: No
Location
- Region: Rippey
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $68,800
- Annual tax amount: $1,061
- Date on market: 5/7/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $51,500-14%$40/sqft |
Source:  DMMLS #740259 Report a problem | ||
| 7/13/2026 | Pending sale | $59,900$46/sqft |
Source: DMMLS #740259 Report a problem | ||
| 7/6/2026 | Listed for sale | $59,900$46/sqft |
Source: DMMLS #740259 Report a problem | ||
| 5/12/2026 | Pending sale | $59,900$46/sqft |
Source: DMMLS #740259 Report a problem | ||
| 5/7/2026 | Listed for sale | $59,900+252.4%$46/sqft |
Source: DMMLS #740259 Report a problem | ||
| 9/18/2013 | Sold | $17,000$13/sqft |
Source: DMMLS #419248 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,062 +0.4% | $68,800 +11.3% |
| 2024 | $1,058 +38.8% | $61,800 +2.1% |
| 2023 | $762 +3.3% | $60,500 +64% |
| 2022 | $738 +4.5% | $36,900 |
| 2021 | $706 +3.8% | $36,900 +13.5% |
| 2020 | $680 +6.6% | $32,500 |
| 2019 | $638 +2.9% | $32,500 +13.6% |
| 2018 | $620 | $28,600 -1.4% |
| 2017 | $620 +11.9% | $29,000 |
| 2016 | $554 | $29,000 |
| 2015 | $554 | $29,000 |
| 2014 | $554 +22% | $29,000 |
| 2013 | $454 -17.5% | -- |
| 2012 | $550 | -- |
| 2011 | $550 -1.8% | -- |
| 2010 | $560 +17.6% | -- |
| 2009 | $476 | -- |
Find assessor info on the county website
Neighborhood: 50235
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Nearby schools
GreatSchools rating
- 5/10Greene County Middle SchoolGrades: 5-8Distance: 10.1 mi
- 6/10Greene County High SchoolGrades: 9-12Distance: 11.8 mi
- 2/10Greene County ElementaryGrades: PK-4Distance: 10.2 mi
Schools provided by the listing agent
- District: Greene County
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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- Iowa
- Greene County
- Rippey
- 50235
- 605 3rd St
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