15542 40th St., Oelwein

$310,000

3 Beds
2 Baths
2,107 Sqft
4 Acres
2 Garages

Property Description

*NEW IMPROVED PRICE!! $310,000- TAKE ADVANTAGE!!** Longing for a beautiful and quiet acreage? I have one right here! 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.

Essential Information
MLS® #20251777
Price$310,000
Bedrooms3
Bathrooms2.00
Square Footage2,107
Acres4.00
Year Built1969
TypeResidential
Sub-TypeAcres
StyleRustic
StatusActive
Community Information
Address15542 40th St.
CityOelwein
CountyFayette
StateIA
Zip Code50662
Amenities
# of Garages2
Parking

3 or More Stalls, Attached Garage, Garage Door Opener, Oversized, Workshop in Garage

Interior
HeatingForced Air
CoolingCeiling Fan(s), Central Air
FireplaceYes
FireplacesOne, Living Room, Masonry
Interior Features

Ceiling Fan/Light, Solid Surface Counters

Appliances

Cooktop, Dishwasher, Dryer, Microwave Built In, Sump Pump, Refrigerator, Vented Exhaust Fan, Electric Water Heater, Water Softener

Exterior
RoofShingle, Asphalt
ConstructionVinyl Siding
Exterior Features

Garden, Horse Facility, Horses Okay, Outbuildings, School Bus Service

Lot Description

Corner Lot, Horse Property, Views

School Information
ElementaryOelwein
MiddleOelwein
HighOelwein
Additional Information
Date ListedApril 22nd, 2025
Days on Market271
ZoningR1-SF
Listing Details
AgentNoelle Coleman
OfficeEXIT Realty Unlimited Oelwein
Property History
Price Reduced from $320,000 to $310,000
Price Reduced from $349,999 to $320,000
Price Reduced from $374,900 to $349,999
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Listing information last updated on February 8th, 2026 at 10:50am CST.