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10674 112th Avenue, Melrose, IA 52569.
Exceptional Southern Iowa recreational retreat on Lake Rathbun's northwest shoreline! This rare 7-acre m/l property borders Lake Rathbun and the Waterfowl Refuge, offering direct access to over 23,000 acres of public hunting and recreational land and 11,000 acres of premier fishing waters. Perfect as a full-time residence, hunting lodge, vacation getaway, horse property, or investment opportunity, this property is designed for outdoor living. Features include an established food plot that attracts trophy whitetail deer and turkey, a stocked 30-foot-deep pond with walleye, perch, and redear sunfish, fenced pasture with gravity-fed well and hydrant, fruit trees, berry plantings, and a 16x34 above-ground pool. The updated home offers 3 bedrooms and 3 bathrooms with new windows, siding, flooring, and extensive interior renovations. The open-concept layout is ideal for entertaining, while the spacious owner's suite features a spa-like bath. A wood-burning fireplace adds warmth and character, and the semi-covered 12x55 front deck provides stunning views of Lake Rathbun and the surrounding countryside. Additional improvements include a 30x40 pole barn and a 24x48 barn with horse stalls, providing ample space for boats, ATVs, equipment, livestock, and recreational vehicles. Properties offering this combination of lake views, hunting, fishing, acreage, wildlife habitat, privacy, and updated living space are rarely available.
MLS ID: 6339038
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10674 112th Avenue, Melrose, IA 52569.

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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $429,000 | $429,000 | $429,000 |
| Down Payment | $85,800 | $15,015 | $107,250 |
| Monthly Mortgage Amount | $2,085 | $2,559 | $2,650 |
| Taxes | $597 | $597 | $597 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $189 | $0 |
| Monthly Estimated Total | $2,807 | $3,470 | $3,372 |
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