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1511 220th St, New Market, IA, 51646

5beds
4baths
2,853sqft
$1,200,000
$421price/sqft
$8,369/moest. monthly cost
$334,760/yrincome needed

About This Home

Preferred Properties is delighted to offer a rare opportunity found with this country getaway. Once you arrive through the gated, private drive of this sprawling estate, you immediately step inside to refined luxury which offers an open floor plan accented by a heartwarming fireplace. Just when you think "what else?", the 4 season hot tub room is sure to leave a lasting impression. This 5-bedroom 4-bath home with a full, finished basement has been extensively remodeled and custom built. This property includes 7 Acres (more or less), many out buildings with electricity and concrete floors. In addition, the shop also temperature controlled with both heat and air conditioning! Enjoy sweeping views from a meticulously landscaped, private oasis, and the neighboring Windmill Lake. This property will check all of your boxes.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

7/10
Garfield Elementary SchoolGrades PK-610.8 mi
7/10
Clarinda High SchoolGrades 7-1211.5 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Microwave,Oven,Washer,Water Heater,Stainless Steel Appliances

Basement

  • Area: 1828

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Bedrooms(3),Bathrooms(2)

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,828

Heating & Cooling

  • Heating features: Gas,Geothermal
  • Cooling features: Central

Interior Area

  • Total structure area: 3,656
  • Total interior livable area: 2,853 sqft

Property

Details

  • Parcel number: 0936300303000
  • Lease amount: 0

Features

  • Stories: 1
  • Patio & porch: Patio,Covered Porch
  • Has view: Yes
  • View description: Farm,Lake,Park,Pond,Scenic,Street,Water
  • Has water view: Yes
  • Water view: Lake,Pond,Water

Lot

  • Lot size: 7.05 Acres
  • Features: Trees

Parking

  • Total spaces: 4
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Drought
Hail
Heat Wave
Strong Wind
Tornado
Inland Flooding
Lightning
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 $6,067$72,804
Home Insurance *$1,014$12,168
Property Taxes $1,076$12,912
Electricity $212$2,553
Total$8,369$100,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$286,937/yr
40% on housing$251,070/yr
45% on housing$223,173/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: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 8.2%
8.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$421This listing

vs Other Active Listings

Avg $/sqft

ZIP 51646$64
Taylor County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 51646
Taylor County$88

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
2026-08-07Price change$1,190,000
2026-05-16Listed for sale$1,200,000
2021-03-24Listing removed--
2020-03-19Sold$390,000
2019-06-29Listed for sale$519,500

For Sale by Agent

AgentMaury Moore
BrokeragePreferred Properties of Iowa, Inc.

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