c.1879 Former Church For Sale in Iowa $50K
OHU50K Notes $50,000
Realtor Comments
Offered by the City of Reasnor, this former church offers a unique opportunity for a new chapter in town. The property is currently zoned commercial, the city would love to see it continue as a church or be repurposed for another commercial use that serves the community and preserves the town’s appearance. Buyers interested in non-residential use must submit a reasonable plan for review outlining the intended future use. Residential conversion is also possible with rezoning approval, making it a potential candidate for transformation into a single-family home. Whether you’re exploring ministry, business, or housing, this is a rare chance to bring fresh purpose to a building full of character in a small-town setting. Reach out and schedule a showing today!
- 1 bed
- 0.5 bath
- Build date 1915
If interested in a property, pleases 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.
424 Newton St, Reasnor, IA 50232 $50,000
- Contact Realtor: Andy Algreen
- Google Map
- Niche
History
Pros of Living in Reasnor, IA
1. Highly Affordable Living
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Overall cost of living runs about 3% below the Iowa average and roughly 22% below the national average
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Median home values (≈ $85K–$93K) are around 45–50% less than national and state averages
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Monthly rent for a two-bedroom averages around $683–$990, significantly lower than national norms
2. Strong Homeownership & Stable Community
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Around 75% of residents own their homes, above the national average of about 63%
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Population is small (~150–184), fostering a tight-knit, rural feel, with friendly neighbors and personal familiarity
3. Commute & Quiet Lifestyle
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Average commute time is about 23 minutes, with nearly everyone driving; public transit is nonexistent; walk-to-work rate slightly higher than U.S. average (7%
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With its rural setting, Reasnor offers peace, open spaces, and a slower pace of life
4. Moderate Income & Low Poverty
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Median household income is about $51,250, only ~7% below Iowa average and comparable to state norms
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Poverty rate is low—only ~4%, well below the U.S. average of ~12%.
Cons of Living in Reasnor, IA
1. Above‑Average Crime Rate for Iowa
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Reasnor’s total crime rate (~2,343 per 100k) is 45% higher than Iowa’s baseline, and slightly above the national average
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While violent crime is only modestly higher, property crime rates—including theft and burglary—are notably elevated (~1,929 per 100k)
2. Limited Amenities & Services
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Local amenities are scarce—few restaurants, shops, or entertainment venues in town; residents must travel to nearby cities for most needs
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Healthcare, recreation, and retail options are limited in Reasnor itself
3. Low Population with Sparse Diversity
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Population under 200, racially homogeneous (≈ 97–99% White), with minimal diversity in perspectives or cultures
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Educational attainment: only about 17% hold a bachelor’s degree, and nearly 56% hold a high school diploma only
4. Limited Job Market & Growth
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Jobs mostly local or commuter-based; Niche gives “Jobs” a C+ grade, suggesting modest prospects
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Generational family farms exist, but economic growth is limited without broader regional development
Resident Perceptions
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Reddit users noted a surprisingly large, wealthy farmhouse outside Reasnor, which reflects generational farm wealth rather than average local affluence:
“This house actually belongs to a farmer… owns a lot of land around Reasnor… must be one of those small family farmers Grassley is always referencing.”
This underscores the presence of deep-rooted farming families, but not widespread wealth.
