505 E Market Street Red Oak, IA ^$ 27,000

505 E Market Street

^$ 27,000

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505 E Market Street

Red Oak, IA, 51566

^$ 27,000

Bedrooms3 Baths1.0 Sq 1,080

Monthly Estimate*

^$ 168

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Single Family Home for sale in Red Oak, IA

for $27,000 with 3 bedrooms and 1 full bath. This 1,080 square foot home was built in 1887 on a lot size of 0.25.

505 E Market is a 3-bedroom, 1-bath home with all amenities on one level. There is a closed in front porch and back porch. The back porch also serves as the laundry room. The house is on a large flat lot with alley access to the garage and the back porch. This home is in an Estate. It will require court approval to sell and is being sold in its existing condition. Call today to setup a showing.

Single Family Pending

Price

^$ 27,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,107

Style

Ranch

Lot Size

0.25

Year Built

1887

Town/City

Red Oak

County/Region

Montgomery

MLS | Web ID

6330200

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Window Unit(s)

Roof Shingle

Appliances None

Garage Spaces 1

Architectural Style Ranch

Construction Materials Metal Siding

Year Built 1887

Electric Fuses

Property Subtype Single Family Residence

Tax Year 2023

Accessibility None

County Montgomery

Property Type Residential

Contingency None

Full Baths 0

Status Pending

Directions From Broadway in Red Oak turn east on Market and drive to 505 E Market St RO

Association Name WCIR

Lot Size Units Acres

Lot Size Square Feet 10890

Tax Annual Amount 1107

Home Warranty Y/N N

Living Area Units Square Feet

Standard Status Pending

Legal Description ORIG PLAT LTS 8 & 9 BLK 67

Interior

Basement Partially Finished

Flooring Carpet Linoleum

Total Fireplaces 0

Half Baths 0

1/4 Baths 0

3/4 Baths 1

Total Bedrooms 3

Total Baths 1

Exterior

Fencing Partial

Parking Features Detached Garage Outside Gravel

Lot Features Irregular Lot Tree Coverage - Light

Water Source Public

Lot Dimensions 90X120

Lot Size Acres 0.25

Road Frontage Type City Street No Outlet/Dead End Paved Streets

Road Responsibility Public Maintained Road

* Excluded Features

List By

Melinda Snipes

Listing Agent

Rubey Realty

Broker

712-308-5212

Contact

Affordability Calculator

$261

Per Month

Monthly Principal & Interest: $168
Monthly Property Taxes: $92
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Single family listings in Red Oak, IA

Average List Price ^$195,505

Percent of Sale Price 624%

About Red Oak, IA

5,417 Population

-13% Since 2002

^$34,167 Median Income

43.2 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2025	$27,000	-18.18%	Price Down
9/30/2025	$33,000	-15.38%	Price Down
9/2/2025	$39,000	-7.14%	Price Down
7/28/2025	$42,000		Listed Price

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505 E Market Street, Red Oak, IA, 51566 is a Single Family Home for sale at $27,000 with 1,080 sqft and a lot size of 0.25. 505 E Market Street has 3 bedrooms, 1.0 baths, and was built in 1887. The property's zip code is 51566 which is in Red Oak, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is 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.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/13/2025.

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505 E Market Street

Single Family Home for sale in Red Oak, IA

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