Jennita Brennan

196 Lakeview Drive

Melrose, IA
$ 345,000 Beds 3 Baths 3 Sq 3,088
Monthly Estimate* How much can I afford?

MOTIVATED SELLERS! This one-of-a-kind double A-frame home overlooking Rathbun Lake located in the Wind-n-Waves subdivision is ready for your touch! This 3 bed/3 bath home has plenty of open space for entertaining and the finished basement features a large bedroom, bath, laundry and sauna. There are large cedar-lined closets throughout, a walk-in pantry and small utility room right off the kitchen, as well as a wood-burning fireplace. Decks on both levels of the home make for beautiful views of the surrounding area and even a peek at Rathbun Lake!! The 36 x 45 oversized garage with a 12 foot door is wired for 220v, has a loft for storage, water, and is large enough to accommodate an RV/camper in addition to all your other toys and tools. There is also a 22 x 24 garage with a wood closet closer to the home for parking and storage as well as a partially fenced in yard! This property is backed up by a whole house 20KW generator with automatic transfer switch covering the whole home and both garages. The home has 4 fruit trees, a grape arbor, and the Purple Martin houses come with spring/summer inhabitants for those bird lovers out there!

Active

  • Price
  • $ 345,000
  • City
  • Melrose
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • APPANOOSE
  • Half Bathrooms
  • 0
  • Area
  • Appanoose
  • Lot Size
  • 6 Acres
  • Zip
  • 52569
  • Sqr Footage
  • 3,088
  • Year Built
  • 1972
  • Taxes
  • $ 1574
  • Style
  • MLS#
  • 6336555
Listed By: Iowa Realty South Lakes
Data Source: Iowa Association of REALTORS®

Features

General

Sewer Private Sewer
Heating Forced Air
Cooling Central Air
HOA Fee 500
Garage Spaces 5
Association Fee Includes Trash,Other
Construction Materials Metal Siding,Vinyl Siding
Year Built 1972
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Stair Chair Lift
Assoc Fee Paid Per Annually
County Appanoose
Property Type Residential
Contingency None
Subdivision Name WIND-N-WAVES EST 2ND
Other Structures Garage(s)
Full Baths 3
Status Active
Directions Take J18 headed east from Moravia past Honey Creek and through Iconium. As you enter Wind-n-Waves subdivision go to the left and follow the road around,it will lead you right to the house.
Lot Size Units Acres
Lot Size Square Feet 261360
Tax Annual Amount 1574
Living Area Units Square Feet
Standard Status Active
PostalCity Melrose
Legal Description LOT 9 BLK 6 WIND-N- WAVES EST 2ND DEV SUB DIV OF W 1/2 NW FRAC QTR
AttributionContact Office: 641-856-9350

Interior Features

Basement Finished,Drain Tiled,Sump Pump
Total Fireplaces 1
Fireplace Y/N Yes
Total Bedrooms 3
Below Grade Finished Area 768
Total Baths 3

Exterior Features

Parking Features Detached Garage,Concrete,RV Access/Parking
Water Source Rural/Municipality
Lot Dimensions 120172002580000=.3 acres or 13,068sqft 120172010260000=.27 acres or 11761sqft
Lot Size Acres 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ames, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/23/2026 Listed $405,000
6/13/2026 3% - $395,000
8/9/2026 3% - $385,000
9/14/2026 11% - $345,000

Property vs Zip Code Average in 52569

Price
AVG $330K
$350K
Taxes
AVG $2,189
$1,574
Year Built
AVG 1982
1972
Visits
AVG 8
13
Data Provided by Inside Real Estate®

Areas That We Cover

196 Lakeview Drive Melrose, IA is a Single Family Home for sale at $345000 with 3088 sqft and a lot size of 6 Acres Acre(s). 196 Lakeview Drive Melrose has 3 bedrooms, 3 baths and was built in 1972. The property's zip code is 52569 which is in Melrose, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jennita Brennan

Jennita Brennan

515-520-4555

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