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1422 S56 Highway Promise City, IA 52583 Land - Residential

Pending
  • 1422 S56 Highway, Promise City, IA 52583 Main Photo

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Description

Presenting this beautifully updated acreage featuring 20 m/l acres along paved County Highway S56, just north of Promise City, Iowa. This versatile property offers a move-in-ready ranch-style home, an oversized garage, and a spacious outbuilding?combining comfort, functionality, and scenic rural living. The home includes 2,061 square feet of finished space with 3 bedrooms and 2 bathrooms. Thoughtful updates throughout include a newer hickory kitchen, bright sunroom, remodeled bathrooms, updated flooring, newer siding, windows, doors, and shingles. Additional features include main-floor laundry, a cozy wood-burning fireplace, and efficient geothermal heating. The unfinished basement is partially framed and ready for future expansion. Outdoor amenities enhance the property's appeal, with a large back deck, a unique grain-bin patio, and a children's playset. A detached 2-car garage and a 30' x 54' steel building with a heated workshop and water provide excellent storage and workspace. The 20 acres are primarily wooded, providing privacy and outstanding opportunities for hunting, recreation, and enjoying nature. The property is also conveniently located near Rathbun Lake?an 11,000+ acre reservoir surrounded by thousands of acres of public hunting land?making this an ideal setting for outdoor enthusiasts. Don't miss this rare chance to own a beautifully improved, scenic acreage in the heart of southern Iowa.

Property Highlights

Property Type: Land - Residential
Total Acres: ***

General Information

County: Wayne
Listed By:
Peoples Company 515-222-1347
No Coast MLS
$395,000
Est. $2,509/mo
Pending
LOT SIZE *** MLS#6334489
STATUS PROPERTY TYPELand - Residential

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Ruhl&Ruhl Realtors
563.441.1776

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1422 S56 Highway, Promise City, IA 52583.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $395,000$395,000$395,000
Down Payment $79,000$13,825$98,750
Monthly Mortgage Amount $1,844$2,263$2,362
Taxes $550$550$550
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$174$0
Monthly Estimated Total $2,509$3,102$3,027

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