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For sale
  • $520,000

    18001 40th St, Oelwein, IA 50662

    4beds
    2,613sqft
    : 
    $3,657/mo
    Get pre-qualified
    Acres
    Built in 1979
    11.26 Acres Lot
    $487,800 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Second electric fireplacePeaceful acreage viewsHot tubWet barScenic trailsLarge family roomBeautiful landscaping
    11.26-ACRE ACREAGE • PASTURE • TIMBER • HORSE BARN • POOL Welcome to your own private retreat! Beautifully maintained inside and out, this stunning acreage is situated on 11.26 acres featuring a wonderful mix of pasture, timber and scenic trails, all in a gorgeous country setting. A creek runs along the property line, adding to the beauty and peaceful atmosphere—and the property is not located in a flood plain. Perfect for horse lovers and outdoor enthusiasts, the property includes a horse barn, an additional storage/utility building, beautiful landscaping, apple trees, and plenty of room to roam and explore. The home offers 4 bedrooms and 2 bathrooms, with 3 bedrooms on the main level and 1 lower-level bedroom with an egress window. The spacious main-level living room features an electric fireplace, while the lower level offers a large family room with a second electric fireplace and wet bar, creating a great space for entertaining or relaxing. Step outside to your own backyard oasis featuring a pool, hot tub and multi-level deck surrounded by beautiful landscaping and peaceful acreage views. An attached 2-stall garage completes this impressive property. 11.26 acres of pasture, timber, trails, water and privacy—combined with a beautifully maintained home and an incredible outdoor setting. This is more than a home—it's the acreage lifestyle you've been waiting for! Call today for additional information or to schedule your private showing!
    3 days
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    962
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    21
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer L Drewelow 319-284-2283,

    Century 21 Signature RE - Oelwein

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263770MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: 1st Floor Entry, Lwr Level Family Room, Living Room Separate
      Other
      • Level: Upper
      Other
      • Level: Main
      Other
      • Level: Lower
      Heating
      • Forced Air, Natural Gas, Propane Rented
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Dryer, Disposal, Free-Standing Range, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
      • Laundry: 2nd Floor
      Features
      • Beamed Ceilings, Ceiling Fan(s), Solid Surface Counters, Wet Bar
      • Doors: Sliding Doors
      • Basement: Block,Concrete,Interior Entry,Partially Finished
      • Has fireplace: Yes
      • Fireplace features: Multiple, Electric
      Interior area
      • Total interior livable area: 2,613 sqft
      • Finished area below ground: 1,050
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Stall, Attached Garage, Garage Door Opener, Oversized
      • Has attached garage: Yes
      • Carport spaces: 2
      Features
      • Patio & porch: Deck-Multi-Level
      • Exterior features: Garden, Horses Okay
      • Pool features: Above Ground
      • Has spa: Yes
      • Spa features: Hot Tub
      • Waterfront features: Stream on Property
      Lot
      • Size: 11.26 Acres
      • Dimensions: 11.26 acres
      • Features: Landscaped, Secluded, Wooded, Hunting on or Near
      • Residential vegetation: Fruit Trees, Timber
      Details
      • Additional structures: Storage, Outbuilding
      • Parcel number: 1819200007
      • Zoning: R-R
      • Special conditions: Standard
      • Horses can be raised: Yes
      • Horse amenities: Horse Facility

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Acres
      Materials
      • Vinyl Siding
      • Roof: Shingle,Asphalt
      Condition
      • Year built: 1979

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private Well

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Smoke Detector(s)
      Location
      • Region: Oelwein

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $327,800
      • Annual tax amount: $3,226
      • Date on market: 8/12/2026
      • Cumulative days on market: 3 days
      • Road surface type: Concrete, Gravel

        Estimated market value

        $487,800

        $463,000 - $512,000

        $1,355/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$520,000$199/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263770 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,110 -1%$327,800 +11.1%
        2024$3,142 +3.4%$295,020
        2023$3,040 -0.1%$295,020 +26%
        2022$3,042 +5.2%$234,060
        2021$2,892 +2%$234,060 +10.6%
        2020$2,836 +7.5%$211,580
        2019$2,638 +15.5%$211,580 +8.2%
        2018$2,284 -10.6%$195,560 +18.6%
        2017$2,556 +15.2%$164,900
        2016$2,218 $164,900
        2015$2,218 +2.3%--
        2014$2,168 +7.5%--
        2013$2,016 -6.1%--
        2012$2,146 +2.4%--
        2011$2,096 +4.2%--
        2010$2,012 +13.9%--
        2009$1,766 +6.3%--
        2008$1,662 +4.9%--
        2007$1,584 +12%--
        2005$1,414 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
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        Climate risks

        Neighborhood: 50662

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oelwein
        • Middle: Oelwein
        • High: Oelwein

        Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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