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For sale
  • $395,000

    247 Franzen Ridge Rd, Elkader, IA 52043

    2beds
    1,548sqft
    : 
    Townhouse
    Built in 2025
    1.01 Acres Lot
    $384,700 Zestimate®
    $255/sqft
    $33/mo HOA

    What's special

    Stylish finishesMetal roofOpen floor planSpacious roomsQuartz countertopsBroan air exchangerHigh-quality finishes
    New Construction Townhomes – Modern, Energy-Efficient Living Just Outside Elkader, Iowa! These beautiful new construction townhomes were completed in 2025 and offer high-quality finishes, energy-efficient features, and a peaceful setting just ½ mile from town. Both units currently share a 1.01-acre parcel, but the property can be divided into two separate parcels if sold to individual buyers—perfect for those looking to invest or live side-by-side with family. Each unit features 2 bedrooms, 2 bathrooms, and approximately 1,550 sq ft of finished living space. You'll love the open floor plan, spacious rooms, and stylish finishes, including quartz countertops and custom Bertch wood cabinetry. Comfort and efficiency were a priority in construction, with R-50 ceiling insulation, spray foam in exterior and key dividing walls, and a Broan air exchanger for continuous fresh air. The double 2x6 insulated shared wall between units helps ensure privacy and quiet. Step outside to a private 14x14 back patio with metal railing and low-maintenance composite decking—perfect for relaxing or entertaining. Each home also includes a covered front porch and a finished, insulated 2-stall garage with fire core drywall and washable glass board surfaces. The unfinished walkout basement offers 10-foot walls, rough-ins for a third bathroom, and plenty of space to add two or more bedrooms and a large family room—ideal for future expansion. The home also includes a metal roof (durable with potential insurance benefits), concrete driveway, retention block walls, and radon mitigation with a blower already installed. Utilities include individual septic systems and a 1/7 well share per unit. Fiber optic internet lines are already in place, and the property is prepped for in-floor heating (basement and garage) with the option to add a boiler system. The lawn has been grass-seeded, and white stakes near the road mark the right-of-way. Though this townhome currently falls under a single parcel, it can be divided up if two separate buyers. Don’t miss the opportunity to own one—or both—of these thoughtfully designed townhomes in a great location with room to grow.
    207 days
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    60
    |
    2
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    Zillow last checked: 8 hours ago

    Listing updated: November 24, 2025 at 04:38am

    Listed by:

    Amy Holst 319-350-1012,

    EXIT Realty Driftless Group

    Source: Northeast Iowa Regional BOR,MLS#: 20252417MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    Other
    • Level: Upper
    Other
    • Level: Main
    Other
    • Level: Lower
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Radiant Floor
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Basement: Interior Entry,Exterior Entry,Floor Drain
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,548 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Has attached garage: Yes
    • Carport spaces: 2
    Lot
    • Size: 1.01 Acres
    Details
    • Parcel number: 1014101007
    • Zoning: R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Vinyl Siding, Combination
    • Roof: Metal
    Condition
    • Year built: 2025

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private Well

    Community & HOA

    Community
    • Subdivision: Franzen Ridge Subdivision
    HOA
    • Has HOA: Yes
    • HOA fee: $400 annually
    Location
    • Region: Elkader

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $395,819
    • Annual tax amount: $60
    • Date on market: 5/26/2025
    • Cumulative days on market: 208 days
    • Road surface type: Concrete
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    Estimated market value

    $384,700

    $365,000 - $404,000

    $1,685/mo

    Price history

    Price history
    DateEventPrice
    5/26/2025Listed for sale$395,000$255/sqft
    Source: Northeast Iowa Regional BOR #20252417 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$60 +7.1%$5,050
    2023$56 +3.7%$5,050 +25%
    2022$54 +8%$4,040

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,518/mo
    Principal & interest
    $1893
    Property taxes
    $454
    Other costs
    $171

      Climate risks

      Neighborhood: 52043

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Central Comm
      • Middle: Central
      • High: Central Comm

      Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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