c.1916 Iowa Prairie Style Home With Original Elements $187K
OHU50K Notesย ย $187,000

Realtor Comments
No longer a diamond in the rough – now it is simply a historic gem!! This house is back on the market after 3 years of gorgeous renovation. Inside, youll discover the kind of character thats hard to replicate today. Four bedrooms, plus a sleeping porch, full bath upstairs with original medicine cabinet, 1\2 bath on the main floor, and a shower and sink in the basement. The attic even has potential for storage or living space. But above all, you will not find a house with the gorgeous woodwork and unique character that this 2 story brick 1916 home has at every turn. From the moment you step foot on the porch and see the double entrance, through walking past the grand staircase, the fireplace, the window seats, and the dining room buffet. Look up and you will notice the coffered ceilings, and detailed light fixtures. Legend has it, this home was built by a banker for his family, and by the looks of it, no expenses were spared. The comfortable layout offers inviting living spaces and windows that capture scenic views of the surrounding area, and almost 1\2 acre lot on a dead-end road. Recent updates include a newer roof, new boiler, updated electrical panel, and some updated plumbing. For buyers who appreciate homes with a story to tell where original character meets meaningful updates this property offers a unique opportunity to enjoy both..
- 4 bed
- 3 bath
- 2,232 sqft
- 0.49 acre lot
- Build date 1916
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.ย
410 S 2nd St, Mallard, IA 50562ย ย $187,000
- Contact Realtor: Katie Halligan
- Google Map
- Niche
Pros of Mallard, IA
ย Extremely low cost of living
- Cost of living is well below state and national averages
- Typical home values around ~$50Kโ$55K
ย One of the biggest advantages โ you can live very cheaply or buy property easily.
ย Affordable housing & homeownership
- About 80%+ of residents own homes
- Housing scores are above average for affordability
ย Good for stability, retirees, or anyone wanting land/space.
ย Quiet, tight-knit community
- Population only around 200โ250 people
- โSparse suburbanโ / rural feel with close relationships
ย Ideal if you want peace, privacy, and a slow pace of life.
ย Access to nature & open space
- Nearby parks, lakes, and rural landscapes
- Good for fishing, hunting, and outdoor activities
ย Low traffic & simple lifestyle
- Short commutes (~15โ18 minutes on average)
- Very little congestion or stress compared to cities
ย Cons of Mallard, IA
Extremely small population
- Only ~200 residents
- Limited social life, dating pool, and diversity
Biggest drawback โ it can feel isolated or โtoo quiet.โ
ย Weak job market
- Employment scores are low, with fewer opportunities
- Median household income (~$44K) is well below state average
ย Many people must commute or rely on remote work.
Very limited amenities
- Few stores, restaurants, healthcare options, or entertainment
- Many services require driving to nearby towns
Expect to travel for basics beyond groceries.
ย Car dependency
- Little to no public transportation
- Longer commutes for work or shopping
Population decline
- Population has been slowly shrinking
ย Can signal fewer opportunities and long-term stagnation.
ย Average-to-slightly higher crime (for Iowa)
- Crime roughly average for Iowa, but some metrics show slightly higher rates
ย Not dangerous overall, but not exceptionally low either.
ย Bottom line
Mallard, IA is best for:
- People who want very cheap living
- Retirees or remote workers
- Anyone who prefers quiet, rural life with minimal stress
Less ideal for:
- Career-driven professionals
- Young people seeking social life or dating
- Families needing strong job access or amenities
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