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116 Pine Ridge Road, Melrose, IA 52569

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For Sale
Sale Pending

$220,000

2 beds • 1 baths • 1,052 sqft

Estimated Payment

$ 1,287 /mo. †

6.85% APR for 30 yrs.
$1,610 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $209.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Located ½ mile from Rathbun Lake, in the former Wind-N-Waves subdivision, sits this beautiful 1,052 sqft, cedar, A-frame home. This remodeled home features all new interior finishes! The flooring, cedar paneling, heating & air conditioning units, cabinets & so many more features are brand new! Step into the house you enter the semi-open concept kitchen & living room. The kitchen has brand new hickory cabinets & a black walnut bar top. The entire South wall of the home is made of windows, allowing natural light into the vaulted living room while you look out over the expansive yard. The first bedroom & the bathroom are right off of the kitchen, making it convenient and accessible. In the bathroom lies the laundry hookups & the tankless water heater. In the loft you will find the second bedroom with sliding barn doors to allow privacy from the living space below. From the loft you are to look through the wall of windows out into the yard, surrounding scenery, & Rathbun Lake. Outside you will find a spacious deck, 20x24 garage, & plenty of space to host family and friends on the 1.2 +/- acre yard. The property sits on four lots, each with their own utilities, making it easy to build an additional workshop or boat storage. The former subdivision has been removed, but the sewer system is still in place & is controlled & maintained by Rathbun Northshore Corp & is $650/annually to remain connected. If you are looking for a place to get away or a remodeled home, give me a call today!
MLS# 6324568

Courtesy Of Hawkeye Farm Mgmt & Real Estat

(641) 932-7796

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Lot Size
    1.2 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 116 Pine Ridge Road, Melrose, IA 52569

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(641) 628-9840
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,153
  • Property Taxes
    $134
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,287

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Moravia Elementary School

Grades PK-6 Public School

Moravia, IA 52571 11.7 miles
507 n trussell ave

197 total students
12:1 Student teacher ratio

School Rating: A-

School Details

Moravia High School

Grades 7-12 Public School

Moravia, IA 52571 11.8 miles
505 n trussell ave

194 total students
12:1 Student teacher ratio

School Rating: C

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Melrose, IA 52569

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Melrose, IA 52569

This community’s employment is highest in the healthcare practitioners and sales industries. The area’s overall household expenses are above the national average.

87° July
Hottest Average Month
13° January
Coldest Average Month
283 Total Households in Area
2.2% Increase in population since the year 2010
20.2%
of households
have children
33 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Melrose, IA 52569

Melrose, IA 52569 has a population of 627 people in 283 households with a median age of 46.4 years old.

2.2%
Increase in population
since the year 2010
Population is Trending up
273
Total households as of 2010
2.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 46.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 97%
Hispanic <1%
Native American <1%
Other <1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 97%, followed by Hispanic at <1%, Native American at <1%, and Other at <1%.

Economics
for Melrose, IA 52569

7 /sq mi
Population Density
$67,409 /yr
Median Household Income
$0
Median Sales Price
33 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 18.63% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 8%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 250 61%
Vacant 127 31%
Rented 32 8%

White vs Blue Collar Jobs







White Collar 53%
Blue Collar 47%

Family & Education Facts
for Melrose, IA 52569

46.4 Median Age

Average Household Size

2.2
persons per
household

54.5%

Married Households

Community Population By Education

High School Graduate 37%
Some College 26%
Bachelors Degree 17%
Associates Degree 12%
Some High School 5%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 36.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.2% of households have children

Weather
for Melrose, IA 52569

The weather for this area ranges from a high of 87° F in July to a low of 13° F in January

87° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
32°
Feb
17°
36°
Mar
28°
48°
Apr
40°
62°
May
51°
73°
Jun
60°
82°
Jul
65°
87°
Aug
62°
85°
Sep
54°
77°
Oct
42°
66°
Nov
30°
49°
Dec
18°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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