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2541 290th Street Montrose, IA 52639 Residential - Single Family

Auction • June 29th, 2026
  • 2541 290th Street, Montrose, IA 52639 Main Photo

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Description

Online Only Auction! Bidding Ends: Mon., June 29th at 10AM. Custom-built ranch-style home with attached 3-car garage and full finished walkout basement situated on 12.21± acres, offering approximately 3,100 sq. ft. of total living area and an excellent blend of country living, income potential, and convenience. The main floor features a kitchen with oak cabinetry and exceptional cabinet and storage space, along with open-concept dining and living areas. The dining area features skylights and tray ceilings, while the living area is highlighted by built-in oak bookcases. Also on the main level is a master bedroom with his & her closets, full bath with laundry, and a beautiful sunroom showcasing panoramic views of the Mississippi River and the Nauvoo Temple. The full walkout basement features a family room with kitchenette, two bedrooms with egress windows, full bath, and storage rooms?ideal for guests or extended living. A rear covered concrete patio provides additional space to relax while enjoying the river views. The acreage includes 11.43± tillable acres, with 7.32 acres recently out of CRP, offering flexibility for farming, livestock, or recreation. Conveniently located just minutes from Keokuk and Fort Madison. Recent updates include a geothermal HVAC system (2025) and roof and skylights (2021), making this a well-maintained, move-in ready acreage with scenic views and productive land. List price is assessed value and has no bearing on final sale price.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 3,100
Lot Size: 12.21 acres
Garage Size: 3
Attached Garage
Built in 1995
River Front
Egress Window

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 3,100
County: Lee
Listed By:
Fraise Auction & Real Estate 319-372-9121
No Coast MLS
$330,800
Est. $2,168/mo
3beds
2baths
3,100sqft
3cars
Active
BEDS3 BATHS2 full SQUARE FEET3,100 MLS#6338587
STATUS PROPERTY TYPEResidential - Single Family

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2541 290th Street, Montrose, IA 52639.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $330,800$330,800$330,800
Down Payment $66,160$11,578$82,700
Monthly Mortgage Amount $1,608$2,000$2,044
Taxes $460$460$460
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$146$0
Monthly Estimated Total $2,168$2,706$2,604

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