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28076 690th Ave, Colo, IA, 50056

2beds
1baths
1,128sqft
$215,000
$191price/sqft
$1,574/moest. monthly cost
$62,960/yrincome needed

About This Home

Discover the endless possibilities this 2.72+/- gross acre country acreage has to offer! Conveniently located near Colo with easy access to Ames, Nevada, and the Des Moines metro, this property provides the perfect balance of peaceful rural living and everyday convenience. The existing home is being sold as is and offers an opportunity for renovation, making it a great option for those looking to update and create their own country retreat. Or, take advantage of this beautiful 2.72 +/- gross acre building site that was recently surveyed/splt and bring your dream home to life. The property already features an established driveway, existing utilities, mature trees, and a garage, providing a strong foundation for future plans. With plenty of space for a custom home, additional outbuildings, a workshop, hobby farm, gardens, or room to simply enjoy the open countryside, the possibilities are truly endless. Whether you're looking for an investment opportunity, a renovation project, or the perfect location to build your forever home, this unique Story County acreage is ready for your vision.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Tile

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Vinyl,Laminate,Carpet
  • Finished area above ground: 1,128

Full Bathroom

  • Level: Main

Heating & Cooling

  • Heating features: Electric,Forced Air,Propane
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,128
  • Total interior livable area: 1,128 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: 1605100105
  • Zoning: Ag
  • Special condition: Standard

Features

  • Fencing: Fenced

Lot

  • Lot size: 2 Acres
  • Features: Level

Parking

  • Parking features: Garage
  • Has garage: 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

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $1,087$13,044
Home Insurance *$182$2,184
Property Taxes $184$2,208
Electricity $121$1,452
Total$1,574$18,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,965/yr
40% on housing$47,220/yr
45% on housing$41,973/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 50056$220
Story County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 50056$138
Story County$210

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
2026-07-28Listed for sale$215,000
2025-11-03Listing removed$345,000
2025-09-05Listed for sale$345,000
2010-07-19Sold$1,167
2002-02-26Sold$85,000

For Sale by Agent

AgentMarc Olson Team
BrokerageRE/MAX Concepts-Nevada

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