Fall in love with this beautifully updated 1800s farmhouse, perfect for those seeking the charm of yesteryear combined with modern amenities. With 4 bedrooms and 2 bathrooms, this home features brand new windows, siding, steel roof, and floors, as well as updated appliances and solid surface countertops in the kitchen, complete with a stylish subway tile backsplash. Situated on nearly 2 acres of land, there's plenty of room to build a garden, raise animals, or even add a 40x80 garage or pole shed with a foundation already in place. Investors will appreciate its prime location, just 5 miles from Lost Island Amusement and Water Park, making it a great opportunity for short-term rental or glamping site. With main floor laundry and all the updates you need, this farmhouse is the perfect blend of old-world charm and modern comfort. An acreage even Chip and Joanna could get behind.
Lots of options with this property! You have approximately 1.78 acres just off E Washburn Road, a quick drive from Waterloo! The property has a new septic system 2018 and a new well pump in 2020! Homebuyers--go in and do some needed work to make it a perfect home on a great piece of land with a new septic system in 2018 and a new well pump 2020! Or tear down and build your dream home with the option to live in the property while building! Home has an accepted offer with a 24 hour clause! Taking backups Or Investors--purchase the property and build small cottages as great location to waterpark, amusement park, golfing and casino! What a great income producing project! The opportunities are endless if you see the vision! The land is high and dry no worries about flooding here! Don't miss out as great location and lots of potential!
Year
Property tax
Land + Additions
Assessment*
2025
$2,838 (+14.1%)
$64,800 + $165,260
$230,060
2024
$2,488 (+158.6%)
$64,800 + $165,260
$230,060
2023
$962 (+15.3%)
$54,000 + $157,610
$211,610
2022
$834 (+2.7%)
$54,000 + $157,610
$211,610
2021
$812 (+15.7%)
$43,200 + $28,270
$71,470
2020
$702 (−3.0%)
$36,600 + $28,270
$64,870
2019
$724 (−3.2%)
$36,600 + $28,270
$64,870
2018
$748 (−2.1%)
$36,600 + $28,270
$64,870
2017
$764 (+1.6%)
$36,600 + $30,530
$67,130
2016
$752 (−12.6%)
$36,600 + $30,530
$67,130
2014
$860
$36,600 + $30,530
$67,130
Tax history for 7136 Foulk Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,838 (+14.1%)
$64,800 + $165,260
$230,060
2024
$2,488 (+158.6%)
$64,800 + $165,260
$230,060
2023
$962 (+15.3%)
$54,000 + $157,610
$211,610
2022
$834 (+2.7%)
$54,000 + $157,610
$211,610
2021
$812 (+15.7%)
$43,200 + $28,270
$71,470
2020
$702 (−3.0%)
$36,600 + $28,270
$64,870
2019
$724 (−3.2%)
$36,600 + $28,270
$64,870
2018
$748 (−2.1%)
$36,600 + $28,270
$64,870
2017
$764 (+1.6%)
$36,600 + $30,530
$67,130
2016
$752 (−12.6%)
$36,600 + $30,530
$67,130
2014
$860
$36,600 + $30,530
$67,130
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2.5
Stories
—
Lot width
—
Lot depth
—
Lot size
1.78 Acres
Year renovated
—
Sq. Ft.
1,554
Year built
1899
Style
Single Family Residential
County
Black Hawk County
APN
881230226003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: None
Interior
Bathroom Information
# of Three Quarter Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Propane, Forced Air
Interior Features
Interior Features: Eat-in Kitchen, Pantry
Appliances: Refrigerator, Gas Water Heater
Flooring: Hardwood
Fireplace Features: None
Room Information
Laundry Features: Washer Hookup
Exterior
Exterior Features
Patio And Porch Features: Porch, Covered
Building Information
Construction Materials: Vinyl Siding
Property Features
Horses Allowed
Property Information
Property Type: Land
Raw Mls Property Sub Type: Acres
Lot Information
Lot Features: Rolling Slope, Secluded, Views
Road Surface Type: Gravel
Lot Size Dimensions: 1.78
Lot Size Acres: 1.78
Zoning Description: A
Financial
Tax Information
Tax Annual Amount: $952
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Orange Elementary
Middle Or Junior School: Hoover Intermediate
High School: West High
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,554
Stories: —
Lot Size: 1.78 acres
Style: Single Family Residential
Year Built: 1899
Year Renovated: —
County: Black Hawk County
APN: 881230226003
Home facts updated by county records on Oct 8, 2026
Around this home
Schools
Orange Elementary School
Public PreK-5 • Assigned • 4.1mi
8/10
Hoover Middle School
Public 6-8 • Assigned • 5.6mi
6/10
West High School
Public 9-12 • Assigned • 5.5mi
3/10
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 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterloo, IA • 50702
Average low and high temperatures (°F)
27
11
34
17
55
32
62
42
73
51
82
63
84
68
80
62
79
56
69
46
48
33
33
18
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 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$264,000 – $320,000
Sell confidently with a local market expert in Waterloo. 3 minutes to get started.