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$489,999   Price Analysis
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1550 Lake Rd
Ottumwa, IA 52501
3 bed 2 bath 3,200 SqFt ($153/SqFt)
5.0 acre lot. Built 2003
Listed 2024-06-10, Taxes $6,424
Ⓧ USDA Ineligible
due to location

near Ottumwa

Looking for an acreage? Close to town? On hard s urface with all the amenities??? Well check out this exceptionally clean 4BR/3BA home on +/- 5 acres with a stocked pond!!!

The home sits way off of the road down a private drive that leads to a charming brick foyer. Nice landscaping, stamped concrete, a rear porch, additional 480 sq.ft patio ara and a lorex security system are a few of the of the home exterior features!! Property features a 30x34 Morton building with concrete floors, 2 overhead door openers and a side door for larger equipment and a fully stocked pond. Home features over 3200 sq.ft of living space, an attached garage, roomy living room, natural gas fire place and central vac. Kitchen offers stainless steel appliances, birch cabinets and plenty of storage. True master on first floor with additional bedroom and laundry room. Huge finished basement that offers plenty of room to entertain the entire family with two additional non conforming bedrooms located downstairs and a walkout!!!

Country living at it finest. Do not hesitate to schedule your showing today. This property is owned by a licensed Iowa Realtor.


Presented by Daniel Fane at
LandGuys, LLC of Iowa.
Listing Agent Photo

Property MLS #6318191 from NoCoastMLS

Bedrooms: 3

Full Bathrooms: 2

Number of Fireplaces: 1

Garage Spaces: 2

Lot Size Acres: 5.0
Lot Size Dimensions: 660x330'
Lot Size Square Feet: 217800

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: SEIA

Annual Tax Amount: 6536
Source Listing Status: Active
County: Wapello
Directions: Coming from Ottumwa take Lake Road going south. Property is 1.5 miles down on the east side of the road.
Tax Year: 2023
Source Property Type: SINGLE FAMILY
Area: Wapello
Source Neighborhood: Wapello
Property Subtype: Acreage
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$282,440 + $unknown
$282,440
$6,424
2021$261,430 + $unknown
$261,430
$5,714
2020$233,340 + $unknown
$233,340
$5,774
2019$233,340 + $unknown
$233,340
$5,902
2018$233,340 + $unknown
$233,340
$5,724
2017$233,340 + $unknown
$233,340
$5,844
2016$233,340 + $unknown
$233,340
$3,876
2015$163,763 + $unknown
$163,763
$3,882
2014$163,763 + $unknown
$163,763
$3,832
2013$163,763 + $unknown
$163,763
$3,638
2012$163,763 + $unknown
$163,763
$3,560
2011$163,763 + $unknown
$163,763
$3,458
2008$154,493 + $unknown
$154,493
$1,502

Listed 2024-06-10
$489,999
NoCoastMLS

Total Square Feet Living: 3200
Property Age: 21
House Style: Ranch
Total Area Sqft: 3200

Liberty Elementary School is a public elementary school located approximately 1.5 miles away.
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Evans Middle School is a public middle school located approximately 2.2 miles away.
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Ottumwa High School is a public high school located approximately 3.7 miles away.
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Calvary Baptist School is a private elementary, middle and high school located approximately 2.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.