Off Market Feb 2021 for $280K

$357,614

•

—

sq ft

28372 Magnolia Rd, Underwood, IA 51576

About this home

Opportunity to purchase an acreage with 4.0 acres, on a paved road, and within 15 minutes to the metro area. There is up to an additional 16 acres +/- that can be purchased with this property. This acreage features a 3bedroom all brick ranch style home with walkout basement, updated mechanicals & 1 car garage under, detached 2 car garage, several outbuildings including a 48' x 72' machine shed, 36' x68' barn, 13,500 bushel grain bin, fence-line feed bunks, detached garage & more. Located in the Underwood Iowa school district and just 1.5 miles east of I-80 make this a very desirable acreage. Sellers to install new septic system prior to closing. Survey to be paid by seller to increase the lot size to 4.0 acres +/-

Single-familyProperty Type

1958Year Built

4 acresLot Size

3 garage spacesParking

Listed by Byron Menke • Menke Auction & Realty

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5692073

Redfin Estimate

$357,614

$78K since sold in February 2021$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.7% higher than the average sale price ($338K) of 6 comparable homes.

SOLD JAN 30, 2026
$392,500
A
3 beds1.5 baths1,220 sq ft
27566 Magnolia Rd, Underwood, IA 51576
SOLD AUG 26, 2026
$325,000
B
3 beds2 baths1,710 sq ft
21552 Hunt Ave, Council Bluffs, IA 51503
SOLD APR 17, 2026
$369,900
C
3 beds2 baths1,494 sq ft
20264 Honeysuckle Rd, Council Bluffs, IA 51503
SOLD MAR 13, 2026
$300,000
D
3 beds1 bath1,580 sq ft
23354 Panama Ave, Underwood, IA 51576
SOLD AUG 7, 2026
$391,900
E
3 beds2 baths1,580 sq ft
21658 Juniper Rd, Underwood, IA 51576
SOLD MAY 4, 2026
$250,000
F
3 beds1.5 baths1,373 sq ft
104 Laurie Cir, Neola, IA 51559

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Earn from this home

Rent

$1,802/mo

Redfin rental estimate

List your home for rent

Market trends in 51576, IA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.2% MoM

Median sale price

$332K

$38K MoM

Avg. days on market

69d

17 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 30 HRS AGO
$230,000
3 beds2 baths2,046 sq ft
107 1st Ave, Underwood, IA 51576
See all

Provided by Redfin

Sale history for 28372 Magnolia Rd

Date

Event

Price

GPRMLS #22029689

Feb 3, 2021

Sold

$280,000

Dec 28, 2020

Pending

—

Dec 19, 2020

Price Changed

$299,500

Dec 7, 2020

Listed

$325,000

+31

IAR #5692073

Feb 2, 2021

Sold

$280,000

Feb 2, 2021

Sold

$280,000

Nov 23, 2020

Listed

$299,500

Nov 23, 2020

Listed

$299,500

+12

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Pottawattamie County

APN

764214300006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 20, 2023.

R-1

Agricultural-Urban Transitional District

The R-1 District is intended to provide the opportunity for the continued development of non-farm dwellings and rural subdivisions in the rural unincorporated areas.

Permitted uses

Include but are not limited to:

Agriculture
Winery & vineyard
Community / recreation center
Religious facility
Housing-Single unit
Educational/school
Recreation
Golf related
Park & open space

Property details

Parking

Parking Information
Parking Features: Attached Garage, Detached
Garage Spaces: 3
Parking Open: 7

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Description: Main Floor Full Bath

Room 1 Information
Room Type: Living Room
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Level: Main

Room 3 Information
Room Type: Family Room

Room 4 Information
Room Type: Kitchen
Room Level: Main

Room 5 Information
Room Type: Bedroom 1
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Level: Main

Basement Information
Basement Features: Full, Partially Finished

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6
Appliances: Range, Refrigerator, Water Softener Owned, Gas Water Heater, Disposal

Exterior

Building Information
Construction Materials: Brick/Stone
Roof: Composition

Property Information
Main Total Sq. Ft.: 1,110
Above Ground Total Sq. Ft.: 1,110
Property Type: Residential
Property Sub Type: Single Family Residence
Property Sub Type: Acreage
Other Structures: Additional Garage, Grain Bin
Below Grade Finished Area: 125
Amenities: Washer/Dryer Hookup

Lot Information
Lot Features: Irregular Lot
Lot Size Area: 4
Lot Size Units: Acres
Lot Size Dimensions: Irregular
Road Frontage Type: County Road, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $1,785
Tax Year: 2019

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Well
Sewer: Private Sewer
Fuel: Natural Gas

Location

School Information
High School District: Underwood
School District Phone: 712-566-2332

Location Information
Directions: Interstate 80 east to the Underwood Iowa exit (Exit #17) then east on Magnolia Road 1.5 miles to the property.
Map Coordinate: 999-A1

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Pottawattamie County
APN: 764214300006

Home facts updated by county records on Apr 20, 2023

Other

Home Information
Levels: One
Home Warranty IND: No

Showing Information
Owners Name: Olsen Marjorie C

Around this home

Schools

Underwood Elementary School

Public PreK-5 • Assigned • 2.1mi

7/10

Underwood Middle School

Public 6-8 • Assigned • 2.1mi

9/10

Underwood High School

Public 9-12 • Assigned • 2.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Underwood, IA • 51576

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 4.2 hours in December, which is comparable to the U.S. average for solar exposure.

10.3 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$340,000 – $412,000

Sell confidently with a local market expert in Underwood. 3 minutes to get started.

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New listings for sale in 51576

NEW 30 HRS AGO

$230,000

3 beds2 baths2,046 sq ft

107 1st Ave, Underwood, IA 51576

Home values near 28372 Magnolia Rd

Data from public records.

Address	Redfin Estimate
29255 Magnolia Rd, Underwood, IA 2 Beds \| 2 Baths \| 2220 Sq. Ft.	$495,735
29415 Magnolia Rd, Underwood, IA 3 Beds \| 1 Baths \| 1880 Sq. Ft.	$450,951

Address	Redfin Estimate
29221 Magnolia Rd, Underwood, IA 2 Beds \| 2 Baths \| 1598 Sq. Ft.	$393,626
29456 Magnolia Rd, Underwood, IA 3 Beds \| 2 Baths \| 1516 Sq. Ft.	$365,041

Address	Redfin Estimate
28918 Magnolia Rd, Underwood, IA 5 Beds \| 1 Baths \| 840 Sq. Ft.	$284,927
28727 Magnolia Rd, Underwood, IA 3 Beds \| 1 Baths \| 2214 Sq. Ft.	$525,901

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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