About This Home

This 3-bedroom, 3-bathroom single family at 506 Butler Street in Melbourne, IA is listed for $194,900 ($112 per sqft). Built in 1967, the home offers 1,734 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1967
  • 0.27 acre lot

Property Details

2 full
2-car garage
1967

Amenities

A/C
Listing Description

Welcome home to 506 Butler Street in Melbourne! This 3-bedroom, 3-bath home offers plenty of space, beautiful countryside views, and all the charm of small-town living. A spacious main-floor primary suite addition was completed in 2007, creating a private and comfortable retreat.

The additional bedrooms are oversized too, giving everyone room to spread out. The kitchen includes all appliances and offers great space for everyday living and gathering. Downstairs, the partially finished basement has SO much potential-whether you're dreaming of additional family room space, a game room, home gym, or hobby area, there's plenty of opportunity to make it your own.

You'll also appreciate the convenient tuck-under 2-car garage. Outside, the fenced yard, mature trees, and beautiful countryside views create a setting that feels peaceful and private. Vinyl siding makes exterior maintenance easier, and the NEW ROOF in 2026 is a big bonus. Located in the West Marshall School District, this home combines generous living space, a wonderful yard, and the relaxed feel of small-town Melbourne. So much to love-and even more potential to make it your own!

Monthly Cost Estimate

$1,042/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

506 Butler Street

Melbourne, IA 50162

Property Details

Construction

Frame Vinyl Siding

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Appliances

RangeExhaust FanDishwasherRefrigerator

Questions & Answers

This 3-bedroom, 3-bathroom single family at 506 Butler Street is listed at $194,900 ($112/sqft). The estimated monthly payment is $1,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.27 acre lot.

This property is listed by Kristin Polley.

KP

Kristin Polley

Agent at Five Star Real Estate Group

Listed by Five Star Real Estate Group · Broker phone: (641) 751-6338 · View on Broker Site · Broker website

MLS# 6343375· Source: NoCoast MLS· 25 days on PropertySimple

Copyright © 2026 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.

506 Butler Street, Melbourne, IA 50162

Open this listing in: