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3536 Olive Ave, Manly, IA, 50456

3beds
2baths
1,196sqft
$425,000
$355price/sqft
$3,125/moest. monthly cost
$125,000/yrincome needed

About This Home

This beautiful acreage is ready to move into, located a mile outside of Manly. It features three bedrooms and a full bathroom on the main level. The unfinished basement includes a bathroom. The house has undergone a recent remodel, with a new septic system installed in 2020, a furnace and central air system in 2021, and a new roof in 2022. In 2024, we added a three-season porch, a covered concrete patio, new siding and new electrical. House has hookup for generator. All appliances included. There are also two large outbuildings with concrete floors. One of the outbuildings has a heated shop with two stalls, while the other serves as cold storage. One outbuilding is 126x30 which houses the heated shop. The shed is 110x54. Additional attachment to the shed is the Mancave which is 24x18. The property has established apple trees. The current well is shared with neighboring house. Asking price will include new well which will eliminate having a shared well. The acreage is located in Worth County. The Worth County Development Authority (WCDA), a non-profit organization affiliated with the Diamond Jo Casino, offers a college scholarship program to every qualifying graduating high school senior who resides in the county. In previous years, individuals who lived in Worth County received scholarships ranging from $11,000 to $13,000.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Concrete Block
  • Roof: Shake / Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Baseboard,Forced air,Propane / Butane
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,196 sqft

Property

Details

  • Parcel number: 1129400005

Features

  • Exterior features: Shingle,Vinyl,Cement / Concrete

Lot

  • Lot size: 5 Acres

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 WaveRelatively High
  • Drought
    DroughtRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Drought
Strong Wind
Tornado
Winter Weather
Hail

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 $2,149$25,788
Home Insurance *$531$6,372
Property Taxes $324$3,888
Electricity $121$1,452
Total$3,125$37,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,142/yr
40% on housing$93,750/yr
45% on housing$83,333/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: 13.2%
13.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$355This listing

vs Other Active Listings

Avg $/sqft

ZIP 50456$114
Worth County$113

vs Homes Sold Last Month

Median $/sqft

ZIP 50456$96
Worth County$69

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
2026-08-14Pending sale$425,000
2026-06-24Listed for sale$425,000
2020-12-29Sold$175,000

For Sale by Owner

AgentProperty Owner

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