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    112 Arrowhead Rd Melrose, IA 52569

    For Sale
    $184,500

    Home in Indian Ridge Subdivision with views of Rathbun Lake.

    Lot size:
    0.20 Acres

    Property Features for 112 Arrowhead Rd

    General Information

    Interior features
    1, : "Forced Air", "2": "Central Air", "3": "Range", "4": "Exhaust Fan", "5": "Dishwasher", "6": "Refrigerator", "7": "Washer", "8": "Dryer"
    Exterior features
    1, : "Age 8 Years or Less", "2": "Shingle"
    Lot size
    0.20 Acres

    Building Details

    Year built
    2020

    Source: Hawkeye Farm Mgmt & Real Estat Agent Hawkeye Farm Mgmt & Real Estat

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Home with Rathbun Lake Views

    Located in the Indian Ridge Subdivision, this home offers views of Rathbun Lake. The property backs up to State of Iowa land. The home features an open concept space, a sliding door leading to an outdoor area, and an electric fireplace. The kitchen includes black stainless-steel appliances, a farmhouse sink, a pantry, and an island. The home has three bedrooms, one full bath, and one three-quarter bath, along with a laundry/utility room, and a den. The primary suite includes a double vanity, a large shower, and a walk-in closet. The outdoor space features an oversized deck with views of Rathbun Lake. The multi-level outdoor area includes a gravel parking area and a walkway to the fire pit, rock garden, and a retaining wall surrounding a storage shed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Accounting Firm Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Monroe
    State
    Iowa
    Longitude
    -93.100675
    Latitude
    40.886666

    FAQs

    What type of property is this?
    Single family property - Home in Indian Ridge Subdivision with views of Rathbun Lake.
    Where is this single family property located?
    The property is located at 112 Arrowhead Rd Melrose, IA.
    What is the asking price?
    The asking price for this property is $184,500.
    What are key features of this property?
    This property features: - Stunning views of Rathbun Lake with direct access, backing to State of Iowa land.; - Primary suite features double vanity, large shower, and walk-in closet.; - Open concept living space with quality finishes.
    Request Owner's contact information
    112 Arrowhead Rd Melrose, IA 52569
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    Melrose, IA 52569
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Arrowhead Rd Melrose, IA 52569
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