Let me guess… you’ve been waiting for something with a little land, a great view, and still close to town? Yeah—so has everyone else. Sitting on 1.89 acres on the edge of town, this 3–4 bedroom 1.5 baths split-level checks the boxes buyers keep asking for. The lower level gives you options—use it as a bedroom, second living space, or whatever fits your setup. And let’s talk about that setting… perched up on the hill with that massive shade tree, this is the kind of place people slow down for when they drive by. Newer roof already done, plus a 2-car detached garage with plenty of room for vehicles, toys, or projects. Hard to find, easy to picture yourself in—and if you wait, someone else is going to grab it.
Est. $1,777 per month, based on comparable rentals
Sale and tax history for 746 Lake Rd
Sale History
Tax History
Date
Event
Price
IAR #6337478
Aug 13, 2026
Sold
$154,500
$91/sq ft
Aug 4, 2026
Pending
—
Jun 17, 2026
Contingent
—
Jun 3, 2026
Relisted
—
May 21, 2026
Contingent
—
May 13, 2026
Price Changed
$185,000
$109/sq ft
Apr 21, 2026
Listed
$195,000
$114/sq ft
IAR #6334051
Dec 1, 2025
Listed
$85,000
$50/sq ft
IAR #5483543
Jun 19, 2020
Sold
$57,900
$34/sq ft
Feb 9, 2020
Listed
$65,500
$38/sq ft
+15
Fantastic potential in this three bedroom, 1.5 bath HUD-owned acreage located at the south edge of Ottumwa at 746 Lake Road. The home has an open floor plan with a small mud room as you enter from the back. Bedrooms and a full bath can be located on the second level, plus there's an unfinished family room space and laundry room in the lower level. With some TLC this could be your dream home all on 1.89 acres!
Year
Property tax
Land + Additions
Assessment*
2025
$3,228 (−1.5%)
$28,590 + $138,850
$167,440
2024
$3,276 (+5.1%)
$28,590 + $138,850
$167,440
2023
$3,118 (−0.5%)
$28,590 + $130,520
$159,110
2022
$3,134 (+7.8%)
$28,590 + $130,520
$159,110
2021
$2,906 (+10.7%)
$28,590 + $101,880
$130,470
2020
$2,626 (−2.5%)
$28,590 + $94,870
$123,460
2019
$2,692 (+3.3%)
$28,590 + $85,700
$114,290
2018
$2,606 (+3.6%)
$28,590 + $85,700
$114,290
2017
$2,516 (+17.2%)
$28,590 + $85,700
$114,290
2016
$2,146 (+1.3%)
$28,590 + $79,970
$108,560
2014
$2,118
$28,800 + $69,110
$97,910
Public record
Beds
3
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
1.89 Acres
Year renovated
1968
Sq. Ft.
1,654
Year built
1968
Style
Single Family Residential
County
Wapello County
APN
007417570080000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Detached
Interior
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air
Exterior
Building Information
Below Grade Finished Area: 600
Construction Materials: Other
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size Dimensions: 1.89 acre front, back, side, rear lot dimensions not on assessor
Lot Size Units: Acres
Lot Size Acres: 1.89
Financial
Tax Information
Tax Annual Amount: $3,450
Utilities
Utility Information
Water Source: Public
Sewer: Private Sewer
Location
Location Information
Directions: Head South off Mary St or Bluegrass
Subdivision Name: A B WILLIAMS SUBDIVISION
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,654
Stories: —
Lot Size: 1.89 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Wapello County
APN: 007417570080000
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Pickwick Early Childhood Center
Public PreK-K • Assigned • 0.6mi
Liberty Elementary School
Public 6-7 • Assigned • 0.5mi
3/10
Ottumwa High School
Public 10-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
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 105° 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
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ottumwa, IA • 52501
Average low and high temperatures (°F)
32
15
40
22
60
36
66
46
74
52
83
64
86
69
83
65
81
59
71
49
51
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.