c.1900 Four Bedroom Iowa Handyman Special With Hardwood Floors $59,900
OHU50K Notes $59,900
Realtor Comments
Check out this older home full of character- it’s just looking for someone who’s not afraid of a little work to return it to its glory! Living room, kitchen, dining room, and bonus room all located on the main floor. The bonus room has a closet in it, so it could be made into a bedroom by adding doors. There is also a full bath located on the main floor. There are 3 bedrooms upstairs, plus a giant closet that could be made into a sleeping area as well. You will find an additional half bath upstairs as well. The large backyard offers a a small patio, which you could complete with a roof or pergola. Alley access for the oversized two stall detached garage (24×30). Come check this property out and let your creative ideas lead your way home! This home is being sold AS-IS.
- 4 bed
- 1.5+bath
- Build date 1900
1110 16th Ave, Eldora, IA 50627 $59,900
- Contact Realtor: Marilyn Reinerston
- Google Map
- Niche
Pros of Living in Eldora, IA
1. Exceptionally Affordable Cost of Living
Eldora’s cost of living is about 26% lower than the national average and 7.5% lower than Iowa’s average. Housing stands out, with median home values around $84K–$108K, and rent averaging $735–$780/month, both well below national norms.
2. Strong Livability & Safety
Eldora scores above average in overall livability, supported by strengths in education, affordability, and community well-being.
Health and safety metrics are favorable, with good air quality and local access to clinics and emergency services.
3. Stable Economic Indicators
The median household income is approximately $72K, surpassing the state average. Unemployment is low (around 2.1%), and poverty rates are notably low (3.8%).
Niche gives jobs a B+, highlighting respectable employment stability.
4. Historic Charm and Outdoor Recreation
Eldora boasts a nationally recognized Historic Downtown District featuring Victorian-era architecture—including the 1892 courthouse and 1903 Carnegie library.
With abundant parks and green spaces, residents enjoy a rural yet scenic, outdoorsy environment.
5. Compact, Walkable, and Traditional Lifestyle
Eldora maintains a charming small-town feel with historic buildings, civic pride, and community-focused living. Many commutes are short (~18–21 minutes), and walkability is rated excellent.
6. Community Diversity
While predominantly White (~89%), Eldora shows higher diversity than much of Iowa, with representation across multiple racial groups.
Cons of Living in Eldora, IA
1. Small Size & Declining Population
With just over 2,600 residents, Eldora is quite small. Population has declined modestly (~−3% over 5 years), raising some concerns about long-term vitality and local services.
2. Limited Amenities & Public Transit
Despite good walkability locally, amenities are sparse. Residents often rely on driving for shopping, entertainment, or healthcare. Public transportation is practically nonexistent.
3. Higher Crime Rates Compared to State Average
Though safer than many national cities, Eldora’s crime rate exceeds Iowa’s average—particularly in property crime—which may concern some. Niche gives crime and safety a C grade.
4. Education Performance Variability
Local schools have earned a C+ on Niche, and standardized test scores in math and reading trail state averages (62% and 64.5%, respectively).
5. Health Care Costs & Aging Infrastructure
Healthcare expenses are notably higher than state and national averages—for individuals. While services are available, they may be costly.
Some residents express concerns about city development pace and maintaining landmarks like Pine Lake State Park.
