1592 Payton Rd is the perfect location for those seeking country living at its finest. The 2.4 acres m/l boast plenty of room for a garden big enough for any enthusiast, and fruit trees for homegrown apple pie. The well-maintained, mostly flat yard is a perfect spot for outdoor activities and the large shade trees provide a haven from the afternoon sun. The farmhouse has been updated over the years to include new flooring, plumbing, wiring, and many other updates. The 4-bedroom, 1-bathroom home has plenty of room for the growing family. The property has with it an oversized 2-car detached garage with a cement floor and an additional shop for projects or additional storage. Schedule a showing of your future home today!
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Est. cash available
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$2,209/mo
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Market trends in 50060, IA
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
93.3%
3.2% MoM
Median sale price
$195K
$65K MoM
Avg. days on market
176d
44 days MoM
Recently sold homes
4
0 MoM
Provided by Redfin
Sale history for 1592 Payton Rd
Date
Event
Price
IAR #6321294
Jun 26, 2025
Sold
$227,000
$127/sq ft
Jun 13, 2025
Pending
—
Nov 27, 2024
Price Changed
$220,000
$123/sq ft
Sep 17, 2024
Listed
$225,000
$125/sq ft
DMMLS #315662
Dec 31, 2007
Sold
$55,000
$31/sq ft
Sep 19, 2007
Listed
$79,900
$45/sq ft
Large family home on 2.4 ac. m/l with old barn and 24 x 48 metal shed built in 2003. New drywall, roof/gutters, hardwood floors, electrical, windows, furnace, central air and siding. Some finish work is needed. 3 large bedrooms upstairs with front & back stairs. 1 large bedroom on main level, newer kitchen cabinets, main floor laundry, mud room with French doors to kitchen. Much potential. Being sold "As Is".
Year
Property tax
Land + Additions
Assessment*
2025
$1,730 (+3.0%)
$37,200 + $147,150
$184,350
2024
$1,680 (−11.4%)
$26,600 + $112,320
$138,920
2023
$1,896 (+20.9%)
$26,600 + $112,320
$138,920
2022
$1,568 (+15.1%)
$26,200 + $104,930
$131,130
2021
$1,362 (+2.3%)
$26,200 + $104,930
$131,130
2020
$1,332 (−2.2%)
$16,200 + $74,890
$91,090
2019
$1,362 (+4.0%)
$16,200 + $74,890
$91,090
2018
$1,310 (−0.8%)
$16,000 + $72,290
$88,290
2017
$1,320 (−8.7%)
$16,000 + $72,290
$88,290
2016
$1,446 (+35.9%)
$16,000 + $72,411
$88,411
2014
$1,064 (−7.0%)
$10,500 + $72,411
$82,911
2012
$1,144
$8,640 + $63,518
$72,158
Tax history for 1592 Payton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,730 (+3.0%)
$37,200 + $147,150
$184,350
2024
$1,680 (−11.4%)
$26,600 + $112,320
$138,920
2023
$1,896 (+20.9%)
$26,600 + $112,320
$138,920
2022
$1,568 (+15.1%)
$26,200 + $104,930
$131,130
2021
$1,362 (+2.3%)
$26,200 + $104,930
$131,130
2020
$1,332 (−2.2%)
$16,200 + $74,890
$91,090
2019
$1,362 (+4.0%)
$16,200 + $74,890
$91,090
2018
$1,310 (−0.8%)
$16,000 + $72,290
$88,290
2017
$1,320 (−8.7%)
$16,000 + $72,290
$88,290
2016
$1,446 (+35.9%)
$16,000 + $72,411
$88,411
2014
$1,064 (−7.0%)
$10,500 + $72,411
$82,911
2012
$1,144
$8,640 + $63,518
$72,158
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
2.4 Acres
Year renovated
1890
Sq. Ft.
1,794
Year built
1890
Style
Single Family Residential
County
Wayne County
APN
050F01400005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Gravel, Garage Door Opener
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air
Room Information
Has Basement
Exterior
Building Information
Levels: One and One Half
Construction Materials: Vinyl Siding
Property Information
Property Type: Residential
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size Dimensions: 381.9' x 272.4'
Lot Size Units: Acres
Lot Size Acres: 2.4
Financial
Tax Information
Tax Annual Amount: $1,680
Utilities
Utility Information
Sewer: Other
Location
Location Information
Directions: Turn North off of HWY 2 onto 80th. Turn West onto Payton Rd. The property is located on the North West side of the intersection of Payton Rd and 70th.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,794
Stories: 1.5
Lot Size: 2.4 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: 1890
County: Wayne County
APN: 050F01400005
Home facts updated by county records on Jul 10, 2026
Other
Listing Information
AttributionContact: 641-437-1060
Around this home
Schools
Wayne Elementary School
Public PreK-6 • Assigned • 7.1mi
4/10
Wayne Community Jr-Senior High School
Public 7-12 • Assigned • 6.9mi
5/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Corydon, IA • 50060
Average low and high temperatures (°F)
32
13
42
19
62
34
66
44
75
52
84
63
88
68
84
63
82
55
72
47
52
33
39
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 4.2 hours in December, which is comparable to the
U.S. average for solar exposure.