iowa home

c.1895 Iowa Home W/Original Elements – The Maytag House $60K

 

Iowa

Realtor Comments

The woodwork is still original and incredible with 10′ ceilings, 8 foot doors, pocket doors, leaded glass windows. You will need to be very savvy in historical renovation as the home is in need of many many repairs. But if you have the knowledge and capital it could be quite a beautiful home again. Home is being sold in as condition.

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

211 W 4th St S, Newton, IA 50208                                              $60,000

Contact Realtor: Barbara Barr

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Pros of Living in Newton, IA

  1. High Housing Affordability & Space

    • Accessible Homeownership: Real estate in Newton is significantly cheaper than national and state averages. Median home values hover around $130,000–$170,000, making it very attractive for first-time buyers, young families, and retirees looking to get more square footage and lot size for their money.

    • Low Cost of Living: Daily expenses—including local goods, utilities, and services—are consistently low.

  2. Proximity & Easy Commute to Des Moines

    • Positioned right along Interstate 80, Newton offers a straightforward 35-to-40-minute drive straight into downtown Des Moines and its eastern suburbs (like Altoona and Ankeny). Residents can easily commute for high-paying metro jobs, cultural venues, and shopping while keeping their housing costs low.

  3. Solid Local Industry & Diversified Economy

    • Following Maytag’s exit in the mid-2000s, Newton successfully diversified its job base into wind energy manufacturing (TPI Composites), advanced manufacturing, logistics, healthcare (MercyOne Newton Medical Center), and racing/entertainment.

  4. Motorsports & Regional Recreation

    • Iowa Speedway: Newton is home to the Iowa Speedway (a NASCAR-sanctioned track), which brings major racing events, tourism, and energy to the city during race weekends.

    • Parks & Trails: The city boasts over 15 public parks, Maytag Park (featuring an outdoor pool, historic bowl, and disc golf), and quick access to the Chichaqua Valley Trail for biking and walking.

  5. Community Spirit & Small-Town Amenities

    • Newton offers a classic Midwestern atmosphere with a historic downtown square surrounding the Jasper County Courthouse, local shops, a drive-in theater (Val-Drive In), and community-wide seasonal events.

Cons of Living in Newton, IA

  1. Post-Industrial Economic Shift

    • While the city has rebounded impressively since Maytag left, local manufacturing sectors can still fluctuate with broader economic shifts. Specialized corporate career tracks outside of healthcare, public education, and skilled manufacturing remain somewhat limited within the city limits.

  2. Commute Dependency for Big-City Amenities

    • While Newton has local grocery stores, casual dining, and basic retail, residents often have to drive 20 to 30 minutes west toward Altoona or Des Moines for major malls, specialized medical care, fine dining, or broad entertainment options.

  3. Car Dependency

    • Having a personal vehicle is essential. Walkability is limited outside of the immediate downtown district, and local public transit options are minimal.

  4. Cold Midwestern Winters

    • Central Iowa experiences freezing winters with low temperatures, icy winds across open agricultural lands, and frequent snowstorms requiring active snow removal and vehicle upkeep.

  5. Property Tax Considerations

    • Like many Iowa municipalities balancing local infrastructure after industrial shifts, local property tax rates can feel slightly high relative to the low purchase price of the homes.

 

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Family History

F. L. Maytag

Frederick Louis Maytag (1857-1937) and his wife Dena were the original owners of this home. They lived here with their two sons and two daughters. F. L. Maytag was an influential Iowa businessman and the founder of the Maytag Company. Born in a family of 10 children in Illinois in 1857, he moved with his family in a covered wagon to Iowa as a boy and eventually made his way to Newton, where he entered the farm-equipment business. In 1893, he helped establish the Parsons Band Cutter and Self-Feeder Company, which produced farm machinery. As the business grew, Maytag recognized the potential of washing machines, adding them to the company’s products in 1907 and taking control of the company in 1909. He emphasized quality and dependability, principles that became closely associated with the Maytag name.

Maytag also played an important role in the development of Newton, Iowa. His company helped transform the small agricultural community into a major manufacturing center, and the growth of Maytag had a lasting effect on Newton’s economy and downtown. He donated a 40-acre park and swimming pool to the city of Newton. Beyond business, F. L. Maytag served as a state senator and mayor of Newton and supported local projects, including a park, swimming pool, YMCA, churches, and other community institutions. When he died in 1937, he was buried in Newton, the city that had become closely connected with both his legacy and the company he built. Maytag was acquired by Whirlpool in 2006.

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House View featured at 211 W 4th St S, Newton, IA, 50208*

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