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993 Ivanhoe Rd, Mount Vernon, IA, 52314

1beds
1baths
1,110sqft
$48,000
$43price/sqft
$473/moest. monthly cost
$18,920/yrincome needed

About This Home

Tucked away in the peaceful Cedar River cabin community just south of Mount Vernon, this charming ranch-style getaway offers the perfect escape to relax, unwind, and enjoy nature. Built in 1950, this 1-bedroom, 1-bath home offers approximately 1,100 square feet with an open living area, vaulted ceilings, abundant natural light, and the warm character of natural wood throughout. LP gas heat in the living room area and central heat provided by the Drolet Wood Furnace keep you nice and cozy during the winter months. And yes, while the home could benefit from some TLC and updating, its solid bones provide the ideal canvas for someone looking to restore its charm and create a comfortable retreat. Outside, enjoy a cozy sitting area at the front of the home, a storage shed for your outdoor essentials, and room for off-street parking. Just moments from the Cedar River and surrounded by mature trees and abundant wildlife, this recreational property offers a peaceful setting to unplug and enjoy the outdoors while remaining a convenient drive to both Cedar Rapids, Iowa City and much more. Property on leased land, cash Only.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

10/10
6/10
Mount Vernon High SchoolGrades 9-123.1 mi
7/10

Construction

Condition

  • Year built: 1950

Materials

  • Construction materials: Vinyl,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range Or Oven,Refrigerator,Washer
  • Laundry features: Main Level

Bedrooms & Bathrooms

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

Features

  • Vaulted Ceiling(s),Primary On Main Level,Kitchen Island
  • Flooring: Wood,Concrete,Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,110

Heating & Cooling

  • Heating features: Forced Air,Propane,Other
  • Cooling features: Ceiling Fan(s),Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,110
  • Total interior livable area: 1,110 sqft

Property

Details

  • Parcel number: 172925100302040
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes

Lot

  • Features: Leased Land,Level,Waterfront,Wooded

Parking

  • Total spaces: 2
  • Parking features: Off 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

  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Iowa Counties

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 $242$2,904
Home Insurance *$24$288
Property Taxes $86$1,032
Electricity $121$1,452
Total$473$5,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,217/yr
40% on housing$14,190/yr
45% on housing$12,613/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: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$43This listing

vs Other Active Listings

Avg $/sqft

ZIP 52314$186
Linn County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 52314$160
Linn County$132

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
2026-08-14Price change$40,000
2026-07-16Listed for sale$48,000

For Sale by Agent

AgentNicholas Gulick
BrokerageKeller Williams Legacy Group

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