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10674 112th Avenue Melrose, IA 52569 Residential - Single Family

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Description

Exceptional Southern Iowa recreational retreat on Lake Rathbun's northwest shoreline! This rare 7-acre m/l property borders Lake Rathbun and the Waterfowl Refuge, offering direct access to over 23,000 acres of public hunting and recreational land and 11,000 acres of premier fishing waters. Perfect as a full-time residence, hunting lodge, vacation getaway, horse property, or investment opportunity, this property is designed for outdoor living. Features include an established food plot that attracts trophy whitetail deer and turkey, a stocked 30-foot-deep pond with walleye, perch, and redear sunfish, fenced pasture with gravity-fed well and hydrant, fruit trees, berry plantings, and a 16x34 above-ground pool. The updated home offers 3 bedrooms and 3 bathrooms with new windows, siding, flooring, and extensive interior renovations. The open-concept layout is ideal for entertaining, while the spacious owner's suite features a spa-like bath. A wood-burning fireplace adds warmth and character, and the semi-covered 12x55 front deck provides stunning views of Lake Rathbun and the surrounding countryside. Additional improvements include a 30x40 pole barn and a 24x48 barn with horse stalls, providing ample space for boats, ATVs, equipment, livestock, and recreational vehicles. Properties offering this combination of lake views, hunting, fishing, acreage, wildlife habitat, privacy, and updated living space are rarely available.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,664
Lot Size: 7.00 acres
Garage Size: 4
Attached Garage
Built in 1981
One Fireplace

General Information

Bedrooms: 3
Bathrooms: 3
Sqft: 1,664
County: Appanoose
Listed By:
Bogle Realty LLC 641-437-4663
No Coast MLS
$429,000
Est. $2,835/mo
3beds
3baths
1,664sqft
4cars
Active
BEDS3 BATHS3 full SQUARE FEET1,664 MLS#6339038
STATUS PROPERTY TYPEResidential - Single Family

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10674 112th Avenue, Melrose, IA 52569.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $429,000$429,000$429,000
Down Payment $85,800$15,015$107,250
Monthly Mortgage Amount $2,113$2,559$2,672
Taxes $597$597$597
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$189$0
Monthly Estimated Total $2,835$3,470$3,394

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