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2050 590th St, Newell, IA, 50568

2beds
1baths
2,164sqft
$475,000
$220price/sqft
$3,661/moest. monthly cost
$146,440/yrincome needed

About This Home

Looking for a great acreage opportunity that has something for everyone? Look no further than this 8.48-acre property just north of Newell on C-49 (exactly 10 miles east of the Storm Lake Walmart corner). The charming home has over 2,000 square feet of finished space that includes 2 large living rooms, a den space, dining area and a beautifully remodeled kitchen courtesy of Benchmark Cabinetry. The laundry is located off the kitchen and there is a built-in desk area there as well. The primary bedroom has a private access to the custom tiled bathroom. Upstairs is a second bedroom and a possible third with additional unfinished attic space that could be easily completed. The basement also has the potential for additional finished space and includes a non-conforming bath. On the south side of the home is a large sunroom that allows easy access to the pool which is included. And don't miss the attached two car garage that is nearly 700 square feet. The outbuildings include a large 50x80 shop, a 36x80 horse barn with multiple stall configurations, an attached 60x80 riding arena, an additional 28x50 horse barn, and lean-to structures for open front storage or livestock options. The possibilities are endless; horses, cattle, pigs or specialty livestock. Or convert some of the space into storage for boats and RVs. And there's plenty of additional space for more buildings. Finally, for the outdoorsy types, there are over 50 acres of Iowa DNR property right across the road. This outstanding location truly has something for everyone.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
7/10
Newell-Fonda High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Water Softener: None
  • Laundry features: Main Level

Basement

  • Basement: Block

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Built-in Features,Crown Molding,Eat-in Kitchen,Entrance Foyer,New Bath,New Kitchen
  • Finished area below ground: 0
  • Finished area above ground: 2,164

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,164
  • Total interior livable area: 2,164 sqft

Property

Details

  • Parcel number: 1232100016

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: Above Ground
  • Patio & porch: 3 Season Porch,Porch
  • Horses can be raised: Yes

Lot

  • Lot size: 8.48 Acres
  • Features: Garden,Landscaped,Level,Wooded

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Oversized,Gravel
  • Has garage: Yes
  • Attached garage 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

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

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

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 $2,401$28,812
Home Insurance *$605$7,260
Property Taxes $494$5,928
Electricity $161$1,937
Total$3,661$43,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,520/yr
40% on housing$109,830/yr
45% on housing$97,626/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: 16.0%
16.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 50568$47
Buena Vista County$102

vs Homes Sold Last Month

Median $/sqft

ZIP 50568$106
Buena Vista County$102

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
2026-04-06Listed for sale$525,000

For Sale by Agent

AgentRobert D Smith
BrokerageRob Smith Homes & Land

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