*NEW IMPROVED PRICE!! - TAKE ADVANTAGE OF THE PRICE REDUCTION* Location, Location, Location!! This is MUST SEE ACREAGE! Beautiful 4 acres on a corner paved road, just outside of city limits. Perfect horse set-up, chicken or small livestock. This is country living at it's best with convenience of town nearby. Enjoy the mature trees, nature of songbirds, deer, turkey; open pasture, horse corral, 2 solid multi-purpose outbuildings to store equipment, livestock or hobby shop. The Ranch style house boasts an enclosed elongated porch with big windows seeing in every direction. Part of the porch leads to the garage, whereas that can be converted to a 3rd stall garage or keep use as a workshop. Inside the house is impressive-open, bright and clean. Beautiful hardwood floors, stunning 4-season sunroom with fireplace; a perfect setup for friends and family gathering. Kitchen and dining room combo has a skylight and offers a lot of space. Very nice cabinets and all kitchen appliances stay and are in great condition. Living room is bright and spacious with a fireplace and a large picture window. The master bedroom has a "Jack and Jill" effect leading to a full bathroom and another bedroom. All bedrooms are good size. Additionally there is a 3rd bedroom separated by another full bathroom. Another nice feature is the partially finished basement, again, great for gatherings or use of large non-conforming bedroom. The walls are original barn-wood boards, pretty neat! The mechanics are in great condition as well. I encourage you to view this property. It's one that you'll create life long memories. Call today to schedule your personal showing.
Lot/land
Price cut: $30K (7/15)
$320,000
15542 40th St, Oelwein, IA 50662
3beds
4Acres
Acres
Built in 1969
4 Acres Lot
$-- Zestimate®
$152/sqft
$-- HOA
What's special
Horse corralNature of songbirdsOriginal barn-wood boardsMature treesOpen pastureBeautiful hardwood floorsBig windows
- 109 days
- on Zillow |
- 442 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 04:01am
Listed by:
Noelle Coleman 319-238-1727,
EXIT Realty Unlimited Oelwein
Source: Northeast Iowa Regional BOR,MLS#: 20251777

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 1st Floor Entry, Living Room Separate, Master Bedroom w/ Closet, Sunroom, Lwr Level Family Room
Primary bedroom
- Level: Main
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave Built In, Refrigerator, Vented Exhaust Fan, Electric Water Heater, Water Softener
- Laundry: Lower Level
Features
- Ceiling Fan(s), Solid Surface Counters
- Flooring: Hardwood
- Doors: Sliding Doors
- Windows: Skylight(s)
- Basement: Block,Concrete,Interior Entry,Exterior Entry,Floor Drain,Stone/Rock,Partially Finished
- Has fireplace: Yes
- Fireplace features: One, Living Room, Masonry
Interior area
- Total interior livable area: 2,107 sqft
- Finished area below ground: 275
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Stalls, Attached Garage, Garage Door Opener, Oversized, Workshop in Garage
- Has attached garage: Yes
- Carport spaces: 3
Features
- Patio & porch: Deck, Enclosed
- Exterior features: Garden, Horses Okay
- Has view: Yes
Lot
- Size: 4 Acres
- Dimensions: 4.0 Acres
- Features: Corner Lot, Views, School Bus Service
Details
- Parcel number: 1815300006
- Zoning: R1-SF
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Horse Facility
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Oelwein
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $285,740
- Annual tax amount: $2,850
- Date on market: 4/23/2025
- Road surface type: Concrete, Paved
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