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553 Mill St, Council Bluffs, IA, 51503

2beds
1baths
766sqft
$169,000
$221price/sqft
$1,350/moest. monthly cost
$54,000/yrincome needed

About This Home

Welcome home to this beautifully updated 2-bedroom, 1-bath home that's move-in ready! Inside, you'll find a stylish newer kitchen featuring modern cabinetry, updated countertops, and plenty of workspace. The completely renovated bathroom offers fresh finishes and a clean, contemporary feel. Luxury vinyl plank (LVP) flooring flows throughout the main living space, providing both durability and low-maintenance living. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment property, this charming home offers comfort, convenience, and updated finishes you'll appreciate. Schedule your showing today!

Getting Around

84
WalkingVery Walkable
0
TransitNo Nearby Transit
76
BikeVery Bikeable

Schools

8/10
Hoover Elementary SchoolGrades PK-51.0 mi
5/10
2/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Walk-Out Access,Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Eat-in Kitchen,Ceiling Fan(s),Other
  • Finished area below ground: 0
  • Finished area above ground: 766

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 766
  • Total interior livable area: 766 sqft

Property

Details

  • Parcel number: 754425383001

Features

  • Levels: One
  • Exterior features: Other
  • Fencing: Fenced

Lot

  • Lot size: 3,520 sqft
  • Features: Corner Lot
  • Lot size dimensions: 55 x 64

Parking

  • 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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $854$10,248
Home Insurance *$124$1,488
Property Taxes $251$3,012
Electricity $121$1,452
Total$1,350$16,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,285/yr
40% on housing$40,500/yr
45% on housing$36,000/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: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 51503$150
Pottawattamie County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 51503$158
Pottawattamie County$154

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
2026-08-04Price change$159,000
2026-07-24Listed for sale$169,000
2024-08-29Listing removed--
2024-08-06Price change$147,000
2024-07-30Listed for sale$169,000
2021-08-13Listing removed--
2021-06-08Listed for sale$69,500
2006-10-25Sold$39,000

For Sale by Agent

AgentThe Knott Team
BrokerageHeartland Properties

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