506 Butler Street Melbourne, IA $ 194,900
506 Butler Street
$ 194,900
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506 Butler Street

Melbourne, IA, 50162
$ 194,900
Bedrooms3 Baths3.0 Sq 1,734

Monthly Estimate*

$ 1,231

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Single Family Home for sale in Melbourne, IA

for $194,900 with 3 bedrooms and 3 full baths. This 1,734 square foot home was built in 1967 on a lot size of 0.27.

Welcome home to 506 Butler Street in Melbourne! This 3-bedroom, 3-bath home offers plenty of space, beautiful countryside views, and all the charm of small-town living. A spacious main-floor primary suite addition was completed in 2007, creating a private and comfortable retreat. The additional bedrooms are oversized too, giving everyone room to spread out. The kitchen includes all appliances and offers great space for everyday living and gathering. Downstairs, the partially finished basement has SO much potential—whether you’re dreaming of additional family room space, a game room, home gym, or hobby area, there’s plenty of opportunity to make it your own. You’ll also appreciate the convenient tuck-under 2-car garage. Outside, the fenced yard, mature trees, and beautiful countryside views create a setting that feels peaceful and private. Vinyl siding makes exterior maintenance easier, and the NEW ROOF in 2026 is a big bonus. Located in the West Marshall School District, this home combines generous living space, a wonderful yard, and the relaxed feel of small-town Melbourne. So much to love—and even more potential to make it your own!

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Single Family Active

Price

$ 194,900

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 2,356

Style

Split Foyer

Lot Size

0.27

Year Built

1967

Town/City

Melbourne

County/Region

Marshall

MLS | Web ID

6343375

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Shingle
Appliances Range Exhaust Fan Dishwasher Refrigerator
Zoning Residential-Single Family
Garage Spaces 2
Architectural Style Split Foyer
Construction Materials Frame Vinyl Siding
Year Built 1967
Electric Circuit Breakers
Property Subtype Single Family Residence
Tax Year 2024
Accessibility None
County Marshall
Property Type Residential
Contingency None
Full Baths 2
Status Active
Directions Use GPS or contact listing agent
Lot Size Units Acres
Lot Size Square Feet 11761
Land Lease Y/N N
Tax Annual Amount 2356
Living Area Units Square Feet
Standard Status Active
Legal Description LOT 8 BLK 2
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Interior
Basement Full Partially Finished
Total Fireplaces 0
Common Walls 0
Fireplace Y/N N
Above Grade Finished Area 1734
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 3
Total Baths 3
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Exterior
Fencing Chain Link
Parking Features Tuckunder Garage
Water Source Public
Lot Dimensions .27
Lot Size Acres 0.27
Foundation Area 1248
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* Excluded Features
List By
Kristin Polley

Listing Agent

Century 21 Signature Real Estate

Broker

kristinpolley@c21sre.com

Email

Affordability Calculator

$1,427
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$196
Monthly Home Insurance
--
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.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$194,900 Listed Price

Map


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506 Butler Street, Melbourne, IA, 50162 is a Single Family Home for sale at $194,900 with 1,734 sqft and a lot size of 0.27. 506 Butler Street has 3 bedrooms, 3.0 baths, and was built in 1967. The property's zip code is 50162 which is in Melbourne, IA