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69409 Lincoln Hwy, Colo, IA, 50056

4beds
4baths
1,837sqft
$725,000
$395price/sqft
$4,900/moest. monthly cost
$196,000/yrincome needed

About This Home

Welcome to 69409 Lincoln Highway in Colo, Iowa where modern living meets the freedom and space of acreage ownership. Situated on over 3.5 acres along a hard-surface road, this nearly new home offers the perfect combination of rural tranquility and everyday convenience. Located on the edge of town, you'll enjoy easy access to schools, parks, shopping, and local amenities while benefiting from a quick commute to Ames, Nevada, Marshalltown, & Des Moines. As you arrive, you'll immediately appreciate the expansive setting and room to roam. Established fruit and vegetable gardens are already in place, along with plenty of room for future outbuildings, or additional outdoor living spaces. One of the standout features is the oversized attached heated 3-car garage, providing ample room for vehicles, equipment, recreational toys, tools, and workshop space. Whether you're a hobbyist, car enthusiast, or simply appreciate extra storage, this garage offers the flexibility and functionality that acreage buyers are looking for. Step inside and discover a bright, welcoming interior designed for modern living. Soaring 9-foot ceilings with tray in the living area and abundant natural light create an open and airy atmosphere throughout the home. At the center of it all is a stunning kitchen featuring an oversized island that stretches the length of the space, providing the perfect gathering place for family meals, entertaining guests, or everyday living. Ample cabinetry, large pantry, generous workspace, and an open-concept design make this kitchen both beautiful and practical. The kitchen flows seamlessly into the dining and living areas, creating a spacious layout ideal for hosting gatherings or enjoying quiet evenings at home. Sliding glass doors provide convenient access to the backyard and outdoor living areas, making indoor-outdoor entertaining effortless. The main level offers a spacious primary suite complete with a tray ceiling, a walk in closet, and a private ¾ bathroom, creating a comfortable retreat at the end of the day. Two additional bedrooms, a full bathroom, and a convenient half bath with laundry provide a functional layout that accommodates families and guests alike. Direct access from the laundry area to the garage adds even more convenience to daily life. The partially finished lower level expands the home's possibilities with a finished bedroom, office or den, and a full bathroom already in place. With ample unfinished space remaining, the basement offers tremendous potential for a future family room, recreation area, or additional storage. If you've been searching for a property that combines modern construction, energy-efficient living, acreage space, this exceptional home deserves your attention. Enjoy the peace of country living, the convenience of a hard-surface just minutes from town. Sale is subject to the sellers finding a home of their choice.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Sump Pump

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Den

  • Level: Basement

Features

  • Ceiling Fan(s)
  • Window features: Window Treatments
  • Flooring: Luxury Vinyl,Carpet
  • Finished area below ground: 256

Full Bathroom

  • Level: Main

Full Bathroom

  • Level: Basement

Half Bathroom

  • Level: Main

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Heat Rcvry/Vent Sys
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,837
  • Total interior livable area: 1,837 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Living Room

  • Level: Basement

Master Bedroom

  • Level: Main

Other

  • Level: Main

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: 1205400350
  • Zoning: A-R
  • Special condition: Standard

Lot

  • Lot size: 3 Acres
  • Features: Level

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Drought
Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$615$7,380
Property Taxes $483$5,796
Electricity $137$1,644
Total$4,900$58,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,000/yr
40% on housing$147,000/yr
45% on housing$130,666/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$395This listing

vs Other Active Listings

Avg $/sqft

ZIP 50056$155
Story County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 50056$138
Story County$210

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-08Listed for sale$725,000
2015-04-09Listing removed$80,900
2015-03-16Listed for sale$80,900

For Sale by Agent

AgentMarc Olson Team
BrokerageRE/MAX Concepts-Nevada

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