405 2nd Avenue Melbourne, IA $ 140,000
405 2nd Avenue
$ 140,000
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405 2nd Avenue

Melbourne, IA, 50162
$ 140,000
Bedrooms3 Baths1.1 Sq 740

Monthly Estimate*

$ 873

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Single Family Home for sale in Melbourne, IA

for $140,000 with 3 bedrooms and 1 full bath, 1 half bath. This 740 square foot home was built in 1966 on a lot size of 0.16.

Welcome to 405 2nd Avenue in Melbourne, Iowa! This charming and move-in ready 3-bedroom, 2-bathroom home is full of comfort, character, and modern updates. On the main level you will be welcomed by a bright and inviting living room filled with natural light—an ideal space for relaxing or hosting friends and family. The kitchen features a stove and refrigerator, combining style and functionality. Just around the corner , you’ll find two comfortable bedrooms conveniently located near the full bathroom and main-level laundry area. The finished lower level offers a spacious third bedroom complete with a private half bath, making it perfect as a primary suite, guest quarters, or a quiet home office. Outside, enjoy your large backyard with a fire pit and covered patio—ideal for entertaining or enjoying peaceful summer evenings. Recent updates include new siding, windows, and a brand-new HVAC system, providing efficiency and peace of mind for years to come. Located in the highly regarded West Marshall School District, this home offers the best of small-town living with modern comfort. Don't miss your opportunity to make this wonderful home yours!

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Single Family Pending

Price

$ 140,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,430

Style

Lot Size

0.16

Year Built

1966

Town/City

Melbourne

County/Region

Marshall

MLS | Web ID

722935

List By
Marc Olson

Listing Agent

Re/Max Concepts-Nevada

Broker

marc@moreteam.org

Email

Affordability Calculator

$993
Per Month
88%
12%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4801243 Elementary School
4801244 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2025$140,000 -3.45% Price Down
8/20/2025$145,000 -6.45% Price Down
7/30/2025$155,000 Listed Price

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405 2nd Avenue, Melbourne, IA, 50162 is a Single Family Home for sale at $140,000 with 740 sqft and a lot size of 0.16. 405 2nd Avenue has 3 bedrooms, 1.1 baths, and was built in 1966. The property's zip code is 50162 which is in Melbourne, IA