505 E 2nd St, Peterson, IA 51047
Property image
Property image
OFF MARKET

$117,500

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,851 sqft (on 0.26 acres)

505 E 2nd St, Peterson, IA 51047

Est. Refi. Payment $808/mo*
Refinance Your Home
Currently Off Market - Sold Aug 29, 2025 for $115,000

Home Value

Trulia Estimate
$118K
Since last month
Decreased$600 (-0.5%)
Since last year
Increased$3K (+2.8%)
Since last sale
Increased$3K (+2.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +159% in the last 10 years
MonthEstimated value
2026
August 2026$118K
July 2026$118K
June 2026$117K
May 2026$117K
April 2026$116K
March 2026$117K
February 2026$115K
January 2026$115K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
329 N Main St, Peterson, IA
0.43
Single-Family Home
$45,000
10/24/25
2
2
1,332
301 Park St, Peterson, IA
0.28
Single-Family Home
$67,000
06/16/26
1
1
752
310 Main St, Linn Grove, IA
4.85
Single-Family Home
$42,000
06/29/26
4
1
1,073

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
208 College St, Peterson, IA 51047
0.08
-
3
2
1,217
Off Market
301 Park St, Peterson, IA 51047
0.28
$67,000
1
1
752
Recently Sold
209 Pine St, Peterson, IA 51047
0.33
$219,200
3
3
1,753
Off Market
303 Pine St, Peterson, IA 51047
0.34
$215,800
5
2.5
2,110
Off Market
101 Pine St, Peterson, IA 51047
0.34
$168,900
3
2
2,060
Off Market

Local Information

  • Map ViewExplore the area around 505 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
0.26 acre lot
1,851 sqft
$63/sqft
2 Car Garage

About this House

Here is a wonderful four bedroom, two-story home located in Peterson. Enjoy breathtaking views of the Little Sioux Valley from your wrap around front porch. The home has an extra lot on the side yard giving the new owners plenty of space for activities. It has a two care attached garage and a backyard patio. The master bedroom is located on the first floor and has a walk in closet and a large master bath. Off the kitchen is a main floor laundry/mudroom. Upstairs are the other 3 bedrooms and a second full bathroom. This is an estate sale and the family is in the process of removing personal items. They are including all the appliances with the sale and are allowing the new buyers to select any of the personal property items remaining including: beds, dressers, tables, etc. Come check out life in the Valley today.
505 E 2nd St, Peterson, IA 51047 is a 4 bedroom, 2 bathroom, 1,851 sqft single-family home built in 1900. It last sold for $115,000 on Aug 29, 2025 (3% below the $119,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $117,500, with a rent estimate of $1,625/month.
Last check for updates: about 1 hour ago
Listed by Robert Donahoo
Gustafson Realty
Bought with: Robert Donahoo, Gustafson Realty
Source: Northwest Iowa Regional BOR, MLS#828688

Home Details for 505 E 2nd St

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1851 Square Feet
Appliances & Utilities
Appliances: Water Softener: IncludedLaundry: Main Level
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Patio, Porch, Deck
Parking & Garage
Number of Garage Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Concrete
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1851 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Construction Materials: Wood SidingNot a New Construction
Property Information
Included in Sale: Appliances are included and the family is willing to leave some of the personal property items if the buyer wants.Parcel Number: 943833257004

Price & Status

Price
List Price: $119,000Price Range: $115,000 - $119,000
Status Change & Dates
Off Market Date: Wed Aug 13 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Peterson
School Information
Elementary School: Sioux CentralJr High / Middle School: Sioux CentralHigh School: Sioux Central

Building

Building Area
Building Area: 1851 Square Feet

Lot Information

Lot Area: 0.26 acres

Offer

Contingencies: Contingency Type: None

Miscellaneous

BasementMls Number: 828688Above Grade Unfinished Area: 1851

Price and Tax history

DateEventPrice
Aug 29, 2025
Source: Northwest Iowa Regional BOR #828688
Sold
$115,000
Aug 13, 2025
Source: Northwest Iowa Regional BOR #828688
Pending
$119,000
Jul 7, 2025
Source: Northwest Iowa Regional BOR #828688
PriceChange
$119,000
Price decreased by 5%
May 14, 2025
Source: Northwest Iowa Regional BOR #828688
Listed For Sale
$125,000

Market trends in Peterson

Last updated July 2026
Buyer'sMarketSeller'sMarket
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Sale-to-List Price
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Around this home

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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

Frequently asked questions about 505 E 2nd St

  • What is 505 E 2nd St estimated to be worth?
    Trulia's estimated value for 505 E 2nd St in Peterson, IA is $117,500.
  • What is the price history for 505 E 2nd St?
    505 E 2nd St in Peterson, IA last sold for $115,000 in August 2025.
  • Is Peterson a buyer's or seller's market?
    Peterson is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 505 E 2nd St?
    The closest schools to 505 E 2nd St in Peterson, IA are Sioux Central Elementary School (Pre-K, rated 3/10), Sioux Central High School (rated 5/10), Sioux Central Middle School (rated 6/10).
  • Does 505 E 2nd St have air conditioning?
    Yes, 505 E 2nd St in Peterson, IA has air conditioning.
  • Does 505 E 2nd St have laundry facilities?
    Yes, 505 E 2nd St in Peterson, IA has laundry facilities.

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