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518 N Second Street, Iola, KS 66749

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For Sale

$179,000

3 beds • 2 baths • 1,000 sqft

Estimated Payment

$ 921 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $179.00
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

**Incredible Opportunity: $30 Annual Property Taxes for 10 Years with Tax Abatement!** Step into this brand-new three-bedroom, two-bath home, perfect for first-time buyers or those seeking to downsize. This home offers an extraordinary financial advantage with a tax abatement that sets your property taxes at an unbelievable $30 per year for the next decade. Inside, enjoy a practical open floor plan designed for easy living. The kitchen, equipped with modern appliances, simplifies meal preparation. The bright living area creates a cozy atmosphere for relaxing or entertaining. The master suite provides a private retreat with its own bath, while two additional bedrooms offer flexibility for family, guests, or a home office. Situated in a welcoming community with easy access to schools, parks, and shopping, this home combines convenience with affordability. Don't miss the chance to own this incredible property! Reach out today to schedule a viewing and envision your future here.
MLS# 2515842

Courtesy Of Crown Realty of Kansas Inc

(620) 266-4181

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Vaulted Ceiling, Ceiling Fan, Security System, Security System
  • Appliances
    Microwave, Refrigerator
  • Architecture Style
    New Traditional
  • Floor Covering
    Carpet
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 518 N Second Street, Iola, KS 66749

Home seller CENTURY 21 Pool Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pool Realty, Inc.

(913) 755-6565
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $921
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $921

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

Schools

Jefferson Elementary School

Grades 1-2 Public School

Iola, KS 66749 0.7 miles
300 s jefferson ave

158 total students
10:1 Student teacher ratio

School Details

Lincoln Elementary School

Grades 3-4 Public School

Iola, KS 66749 0.5 miles
700 n jefferson ave

156 total students
12:1 Student teacher ratio

School Rating: C+

School Details

Iola Middle School

Grades 5-8 Public School

Iola, KS 66749 0.4 miles
600 east st

339 total students
14:1 Student teacher ratio

School Rating: D+

School Details

Mckinley Elementary School

Grades PK-KG Public School

Iola, KS 66749 0.6 miles
209 s kentucky st

187 total students
18:1 Student teacher ratio

School Details

Iola Sr High School

Grades 9-12 Public School

Iola, KS 66749 0.4 miles
300 e jackson ave

348 total students
15:1 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 Iola, KS 66749

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Iola, KS 66749

This community’s employment is highest in the production occupations and sales industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
20° January
Coldest Average Month
3,247 Total Households in Area
0.5% Increase in population since the year 2010
29.7%
of households
have children
18 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 Iola, KS 66749

Iola, KS 66749 has a population of 7,804 people in 3,247 households with a median age of 39.4 years old.

0.5%
Increase in population
since the year 2010
Population is Trending up
3,249
Total households as of 2010
2.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.4 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 88%
Hispanic 4%
Black 2%
Native American 1%
Other 1%
Asian <1%
The most prevalent ethnicity is White at 88%, followed by Hispanic at 4%, Black at 2%, and Native American at 1%.

Economics
for Iola, KS 66749

67 /sq mi
Population Density
$52,868 /yr
Median Household Income
$0
Median Sales Price
18 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 $50-74,999k representing 19.37% of the households.

Transportation to Work

  • Drive 91%
  • Walk or Bike 5%
  • Work from Home 4%
  • Public Transit 1%

Occupancy by Type

Owned 2,199 58%
Rented 1,048 28%
Vacant 532 14%

White vs Blue Collar Jobs







White Collar 64%
Blue Collar 36%

Family & Education Facts
for Iola, KS 66749

39.4 Median Age

Average Household Size

2.3
persons per
household

46%

Married Households

Community Population By Education

High School Graduate 38%
Some College 24%
Bachelors Degree 14%
Associates Degree 10%
Some High School 8%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 37.88% 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)
29.7% of households have children

Weather
for Iola, KS 66749

The weather for this area ranges from a high of 91° F in July to a low of 20° F in January

91° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
42°
Feb
25°
47°
Mar
34°
58°
Apr
45°
69°
May
55°
77°
Jun
64°
85°
Jul
68°
91°
Aug
66°
90°
Sep
58°
82°
Oct
47°
71°
Nov
35°
57°
Dec
25°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Heartland Multiple Listing Service. 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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