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Pending
  • Price cut: $11K (6/20)
    $499,000

    65981 Us Highway 275, Malvern, IA 51551

    5beds
    2baths
    2,048sqft
    : 
    $3,521/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    2.33 Acres Lot
    $499,100 Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Flat acreageImpressive brick wood-burning fireplaceOak floorsNew windowsCrown mouldingTrue modern farmhouse feelBrick patio
    PRE-INSPECTED. Opportunities like this are few & far between, and nearly impossible to replicate. Set on 2.3 acres just north of Tabor, this one-of-a-kind property blends timeless character with thoughtful modern updates, all rooted in its history as a former grain operation. The immaculate 5 bedroom, 2 bath main home showcases a true modern farmhouse feel, featuring a completely updated kitchen with newer appliances, new windows, all new siding and roof (2025), and extensive improvements throughout. Inside, you'll find oak floors, crown moulding, a beautifully updated primary bath with clawfoot tub and walk-in shower, plus a pellet stove for added warmth and charm. The second residence, once a grain weigh station, offers a truly unique, fully functional living space complete with kitchen, pantry, spacious living & dining areas, an impressive brick wood-burning fireplace, and the original scale still in place for a one-of-a-kind touch. Ideal for guests, extended family, or flexible living. Outside, the property is as usable as it is memorable, with flat acreage, raised garden beds, perennials, apple trees, a brick patio, large deck, and multiple outbuildings including a converted grain bin garage (fits 3+), a 25' x 60' shop, and a 1964 barn for additional storage or parking. Chicken coop and run included. Conveniently located with an easy drive to the Metro, this is a rare opportunity to own something truly different.
    29 days
    |
    215
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennie Davis (Felos) 712-520-4250,

    Square Deal Real Estate

    Source: SWIAR,MLS#: 26-1325

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Propane
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Flooring: Wood, Tile
      • Basement: Partial,Unfinished
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 2,048 sqft
      • Finished area above ground: 2,048
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Garage Door Opener
      • Has garage: Yes
      Features
      • Levels: Two
      • Patio & porch: Patio, Deck, Porch
      • Exterior features: Other
      Lot
      • Size: 2.33 Acres
      • Dimensions: 2.33 gross acres
      Details
      • Additional structures: Storage, Outbuilding
      • Parcel number: 123240020000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Cable Available

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $427,159
      • Annual tax amount: $5,002
      • Date on market: 6/25/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $499,100

        $474,000 - $524,000

        $2,156/mo

        Price history

        DateEventPrice
        6/26/2026Pending sale$499,000$244/sqft
        Source: SWIAR #26-1325 Report a problem
        6/20/2026Price change$499,000-2.2%$244/sqft
        Source: SWIAR #26-765 Report a problem
        6/10/2026Price change$510,000-2.9%$249/sqft
        Source: SWIAR #26-765 Report a problem
        6/2/2026Price change$525,000-3.7%$256/sqft
        Source: SWIAR #26-765 Report a problem
        5/27/2026Price change$545,000-3.5%$266/sqft
        Source: SWIAR #26-765 Report a problem
        5/13/2026Price change$565,000-1.7%$276/sqft
        Source: SWIAR #26-765 Report a problem
        5/7/2026Price change$575,000-1.7%$281/sqft
        Source: SWIAR #26-765 Report a problem
        4/24/2026Listed for sale$585,000+69.6%$286/sqft
        Source: SWIAR #26-765 Report a problem
        12/22/2021Sold$345,000$168/sqft
        Source: SWIAR #21-1577 Report a problem
        11/8/2021Pending sale$345,000$168/sqft
        Source: NP Dodge Real Estate #21-1577 Report a problem
        10/19/2021Price change$345,000-4.2%$168/sqft
        Source: SWIAR #21-1577 Report a problem
        9/23/2021Price change$360,000-5%$176/sqft
        Source: SWIAR #21-1577 Report a problem
        9/5/2021Price change$379,000-4.1%$185/sqft
        Source: SWIAR #21-1577 Report a problem
        8/15/2021Price change$395,000-10%$193/sqft
        Source: SWIAR #21-1577 Report a problem
        8/10/2021Listed for sale$439,000+158.2%$214/sqft
        Source: SWIAR #21-1577 Report a problem
        8/11/2017Listing removed$170,000$83/sqft
        Source: Jim Hughes Real Estate Report a problem
        8/11/2017Pending sale$170,000$83/sqft
        Source: Jim Hughes Real Estate Report a problem
        8/11/2017Listed for sale$170,000$83/sqft
        Source: Jim Hughes Real Estate Report a problem
        8/10/2017Sold$170,000-2.9%$83/sqft
        Source: Public Record Report a problem
        7/1/2017Pending sale$175,000+6.1%$85/sqft
        Source: Jim Hughes Real Estate Report a problem
        6/21/2017Listed for sale$165,000$81/sqft
        Source: Jim Hughes Real Estate Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,002 +2.2%$427,159 +6.5%
        2024$4,892 +1.7%$401,246 +2%
        2023$4,810 +70.9%$393,267 +24%
        2022$2,814 +8.8%$317,075 +63.6%
        2021$2,586 +7.7%$193,785 +14.9%
        2020$2,402 +3%$168,597
        2019$2,332 +8.3%$168,597 +7.8%
        2018$2,154 +8.1%$156,339 -2.1%
        2016$1,992 +2.5%$159,651
        2015$1,944 $159,651
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 51551

        Getting around

        45 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fremont-Mills
        • Middle: Fremont-Mills
        • High: Fremont-Mills

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

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