About This Home

This 3-bedroom, 2-bathroom single family at 412 Elm in Rathbun, IA is listed for $349,000 ($273 per sqft). Built in 2024, the home offers 1,280 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 2024
  • 0.16 acre lot
  • Fireplace

Property Details

1 full, 1 half
4-car garage
2024

Amenities

FireplaceA/C
Listing Description

Whether you are looking for a primary, secondary, or investment home, this home fits every bucket! Currently situated in the town of Rathbun just 2 miles from Rathbun Lake and surrounded by over 15,000 acres of public hunting ground. It is currently being used as a second home and an airbnb/VRBO.

It has generated $12,000 in short term rental income since being first listed in May 2026. That's an average of around $2,000 in income potential each month! This beautiful 3 bedroom was newly built in 2024 and boasts a 1280 sq ft heated garage. Plenty of room for vehicles and toys.

Luxury vinyl plank waterproof flooring throughout all the home making it easier to maintain. The open kitchen is a great place for entertaining and offers beautiful quartz countertops and a large island all within a close view of the living room and fireplace. Enjoy lower maintenance with all appliances, HVAC, plumbing, electrical, and exterior all brand new in 2024. Primary home? Lake home? Hunting cabin? Investment home? Second home? Tons of possibility and opportunity!

Monthly Cost Estimate

$1,867/mo

20% down · 6.5% · 30 years

Principal$252
Interest$1,512
Insurance$102

Estimates only. Actual payments may vary.

Location

412 Elm

Rathbun, IA 52544

Features & Amenities

Interior Features

CableTvWindowTreatments

Property Details

Construction

MetalSiding

Parking

Garage

Heating

Forced AirPropane (Heating)Natural Gas

Cooling

Central Air

Appliances

DryerDishwasherMicrowaveRefrigeratorStoveWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 412 Elm is listed at $349,000 ($273/sqft). The estimated monthly payment is $1,867 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.16 acre lot, Fireplace. Interior Features: CableTv, WindowTreatments.

This property is listed by Lisa Pierce.

LP

Lisa Pierce

Agent at Summit Realty

Listed by Summit Realty · Broker phone: (641) 218-0000 · View on Broker Site · Broker website

MLS# 751996· Source: Des Moines Area Association of REALTORS®, Inc.· 12 days on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

412 Elm, Rathbun, IA 52544

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