This two bedroom 1 bath fixer-upper house offers 700 square feet of living space and sits on nearly 1/4 of an acre in Melbourne, Arkansas. This property is only minutes from town making it a convenient location. The home’s exterior is made up of wood lap siding and has an asphalt shingle roof. While there is currently no heating or air conditioning installed, water and electricity are readily available. Ideal for those seeking a customizable home, this property presents a great investment opportunity. With a price of only $16,500, this property can be yours!
Type: Detached
Single-familyProperty Type
9,583 sq ftLot Size
$40Est. Price/Sq.Ft.
2 spacesParking
Listed by Anna Wade• United Country Ozark Realty
Bought with Anna Wade• United Country Ozark Realty
TWO BED ONE BATH HOME FOR SALE IN IZARD COUNTY, ARKANSAS This 700 square foot house lies on almost 1/4 acre in Melbourne, AR. This lot is minutes from town, making it a convenient location. The exterior of the house is wood lap siding with an asphalt shingle roof. For only $7,500 this place can be yours!
Type
Rural Residential
Public Records
Dec 5, 2000
Sold
$14,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$143
$600 + $2,260
$2,860
2024
$143
$600 + $2,260
$2,860
2023
$143 (+2.1%)
$600 + $2,260
$2,860
2022
$140 (+9.0%)
$600 + $2,260
$2,860
2021
$128 (+9.8%)
$600 + $2,260
$2,860
2020
$117
$600 + $2,260
$2,860
2019
$117
$260 + $2,080
$2,340
2018
$117
$260 + $2,080
$2,340
2017
$117
$260 + $2,080
$2,340
2016
$117 (−5.8%)
$260 + $2,080
$2,340
2015
$124
$260 + $2,080
$2,340
2013
$124
$200 + $2,290
$2,490
Tax history for 106 Larkin St
Year
Property tax
Land + Additions
Assessment*
2025
$143
$600 + $2,260
$2,860
2024
$143
$600 + $2,260
$2,860
2023
$143 (+2.1%)
$600 + $2,260
$2,860
2022
$140 (+9.0%)
$600 + $2,260
$2,860
2021
$128 (+9.8%)
$600 + $2,260
$2,860
2020
$117
$600 + $2,260
$2,860
2019
$117
$260 + $2,080
$2,340
2018
$117
$260 + $2,080
$2,340
2017
$117
$260 + $2,080
$2,340
2016
$117 (−5.8%)
$260 + $2,080
$2,340
2015
$124
$260 + $2,080
$2,340
2013
$124
$200 + $2,290
$2,490
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
—
Sq. Ft.
700
Year built
—
Style
Single Family Residential
County
Izard County
APN
525-00068-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Property details
Parking
Parking Information
2 Cars
Interior
Bathroom Information
# of Baths (Full): 1
Room Information
Kitchen Equipment: Free-Standing Stove
Interior Features
Floors: Carpet, Vinyl
Heating & Cooling
No Cooling, No Heating
Exterior
Building Information
Exterior: Other (See Remarks)
Foundation: Crawl Space
Exterior Features
Roof: Other (See Remarks)
Road Surface: Paved
Property Information
Approx Sq. Ft.: 700
Lot Information
Approx Lot Size: .22 acres +/-
Approx Acreage: 0.22
Source of Acreage: Tax Records
Inside City Limits
Sq. Ft. Source: Tax Records
Lot Description: Level
Will Subdivide: No
Financial
Tax Information
Annual Taxes: $143
Utilities
Utility Information
Utilities: Water (Public), Electric Municipal (+Entergy)
Location
Location Details
County: Izard
City: Melbourne
Subdivision: Metes & Bounds
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 700
Stories: 1.0
Lot Size: 9,583 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Izard County
APN: 525-00068-000
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Melbourne Elementary School
Public PreK-6 • Assigned • 3.8mi
7/10
Melbourne High School
Public 7-12 • Assigned • 3.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Melbourne, AR • 72556
Average low and high temperatures (°F)
45
24
55
32
70
45
74
53
76
58
86
68
91
72
90
66
83
62
76
50
63
42
53
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 5 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$27,000 – $33,000
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