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311 E Prospect St, Red Oak, IA, 51566

2beds
1baths
896sqft
$39,900
$45price/sqft
$416/moest. monthly cost
$16,640/yrincome needed

About This Home

Here is an economical house with 2 bedroom house where one of the bedrooms has been converted into a laundry room. The house has a very large Dining / Living room area and this property is being sold "AS IS" . Make your appointment to view this property today!

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

3/10
Inman Elementary SchoolGrades K-60.5 mi
6/10
Red Oak High SchoolGrades 7-120.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 896 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 600628112013000

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 45 x 80

Parking

  • Parking features: On Street

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

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
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 $201$2,412
Home Insurance *$40$480
Property Taxes $54$648
Electricity $121$1,452
Total$416$4,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$14,262/yr
40% on housing$12,480/yr
45% on housing$11,093/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: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 51566$93
Montgomery County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 51566
Montgomery County$131

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)

No zestimate history available

Price History

DateEventPrice
2026-04-18Listed for sale$39,900
2004-07-08Sold$11,900

For Sale by Agent

AgentDaniel Bullington
BrokerageYour Real Estate Choice Inc

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