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
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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
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Eldora scores above average in overall livability, supported by strengths in education, affordability, and community well-being.
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Health and safety metrics are favorable, with good air quality and local access to clinics and emergency services.
3. Stable Economic Indicators
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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%).
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Niche gives jobs a B+, highlighting respectable employment stability.
4. Historic Charm and Outdoor Recreation
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Eldora boasts a nationally recognized Historic Downtown District featuring Victorian-era architecture—including the 1892 courthouse and 1903 Carnegie library.
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With abundant parks and green spaces, residents enjoy a rural yet scenic, outdoorsy environment.
5. Compact, Walkable, and Traditional Lifestyle
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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
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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
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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
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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
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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
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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
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Healthcare expenses are notably higher than state and national averages—for individuals. While services are available, they may be costly.
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Some residents express concerns about city development pace and maintaining landmarks like Pine Lake State Park.
