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524 Massman Dr, Decorah, IA, 52101

2beds
2baths
1,500sqft
$469,500
$313price/sqft
$3,188/moest. monthly cost
$127,520/yrincome needed

About This Home

Welcome to easy living in the highly desirable Massman Addition, just minutes from downtown Decorah. This beautifully designed new construction condo offers quality craftsmanship, an open-concept floor plan, and modern finishes throughout. The main level features spacious living and dining areas, a well-appointed kitchen, comfortable bedrooms, and convenient zero-entry living designed for today's lifestyle. The lower level is unfinished, providing an excellent opportunity for additional living space and equity. Buyers have the option to work with the builder to customize and finish the lower level to fit their needs, whether it's additional bedrooms, a family room, home office, exercise space, or extra storage. You'll enjoy everything this vibrant community has to offer. Explore the area's renowned biking and walking trails, scenic trout streams, parks, and breathtaking Driftless Region landscapes. Spend your weekends enjoying locally owned restaurants, coffee shops, breweries, boutiques, and year-round community events in Decorah's charming downtown district. Home to Luther College and known for its rich arts, culture, and outdoor recreation opportunities, Decorah consistently ranks as one of Iowa's most desirable places to live. Don't miss this opportunity to own a brand-new condo in one of Decorah's newest developments and create a home that perfectly fits your lifestyle.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

9/10
Decorah Middle SchoolGrades 5-81.5 mi
9/10
Decorah High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Shingle,Asphalt
  • Construction materials: Hardboard Siding

Other

  • Builder name: Massman Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Refrigerator,Gas Water Heater
  • Laundry features: 1st Floor,Laundry Room,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Concrete,Floor Drain,Radon Mitigation System

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s)
  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,500 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 110916500400
  • Zoning: R-3
  • Special condition: Standard

Features

  • Patio & porch: Covered

Lot

  • Lot size: 0.59 Acres
  • Lot size dimensions: Regular

Parking

  • Total spaces: 2
  • Parking features: 2 Stall,Attached Garage,Garage Door Opener
  • Covered spaces: 2
  • Carport spaces: 2

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

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

How This Home’s Risks Compare

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

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 $2,374$28,488
Home Insurance *$306$3,672
Property Taxes $387$4,644
Electricity $121$1,452
Total$3,188$38,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,302/yr
40% on housing$95,640/yr
45% on housing$85,013/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: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$313This listing

vs Other Active Listings

Avg $/sqft

ZIP 52101$204
Winneshiek County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 52101
Winneshiek County$145

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
2026-07-24Price change$469,500
2026-06-22Listed for sale$489,500

For Sale by Agent

AgentJayme Folkedahl
BrokerageKelly Real Estate Inc

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