• MLS® #: 20191288
  • 506 2nd Ave. S.w.

  • Independence, IA 50644
  • $197,500 REDUCED
  • 5 Beds, 3½ Bath, 2687 , 0.38 Acres
  • Residential

Here is a rare opportunity to own one of Independence’s finest homes on the banks of the Wapsipinicon River. Built in 1916, this property offers an exciting balance between romance of the past and modern updates of the well-lived present. Magnificent living areas are adorned with large windows, tall ceilings, hardwood floors, crown molding, wide wood trim, paneled and French doors. The spacious main floor houses a grand living room with gas fireplace flanked by built-in bookcases, formal dining room with built-in china hutch, modern kitchen with pantry and quartz counters, master bedroom, 3/4 bath and a home office that leads to a 3-season porch ideal to enjoy your morning coffee and take in the scenic views. As the current owner’s children left home, they decided to share the beauty and style of the home with others and opened their home as Riverside Bed & Breakfast with a private guest entrance. The 2nd floor houses a guest master suite with 3/4 bath, two guest rooms with a shared hall bath and French doors opening to a 4th bedroom now used as a sitting room for guests to enjoy in private while overlooking the river. The partially finished basement with outside entrance offers tremendous storage space, a laundry room with shower and sink, separate water closet and a great workshop. The exterior boasts a welcoming open front porch, 1-stall detached garage plus a separate 288 sq.ft. shed for additional storage and work space. Admire the beautifully landscaped gardens complete with fountain and irrigation system and the lovely back yard leading to the river bank where you can fish or just relax and enjoy the beauty. Historic downtown Independence and beautiful parks are within easy walking distance. Whether you enjoy this home only as a single family or continue to operate as a bed and breakfast, it is truly one–of-a-kind!

Essential Information

  • MLS® #20191288
  • Price$197,500
  • Bedrooms5
  • Bathrooms3.50
  • Half Baths1
  • Square Footage2,687
  • Acres0.38
  • Year Built1916
  • TypeResidential
  • Gross Tax$$2970
  • Sub-TypeSingle Family
  • Style2 Story
  • StatusActive

Community Information

  • Address506 2nd Ave. S.w.
  • AreaBuchanan
  • CityIndependence
  • StateIA
  • Zip Code50644


  • # of Garages1
  • Garages1 Stall
  • Is WaterfrontYes


1 Stall, Detached Garage, Garage Door Opener


  • HeatingForced Air, Gas
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesOne, Gas, In Living Room

Interior Features

Crown Molding, Countertops-Solid Surface, French Doors, Paneled Doors, Pantry, Rear Stairs, Sliding Glass Door, Hardwood Floors


Alarm-Smoke/Fire, Dishwasher, Garbage Disposal, Humidifier, Microwave Built In, Range-Free Standing, Refrigerator, Water Heater-Gas, Water Softener (Included), Water Softener (Owned)


  • ExteriorAluminum
  • RoofShingle, Asphalt

Exterior Features

Curbs/Sidewalks, Deck, Fishing, Fruit Trees, Irrigation System, Landscaping, Outbuildings, Porch, Porch-3 Season, Porch-Covered

Lot Description

River Frontage, View-Water, Waterfront

School Information

  • ElementaryIndependence
  • MiddleIndependence
  • HighIndependence

Additional Information

  • Date ListedMarch 27th, 2019
  • Days on Market146
  • ZoningR-2


  • Agent: Chery O'conner
  • Office: Re/max Independence Realty
Need More Info?

Linda Curran

(319) 404-7645
Get a Pre-Approved Mortgage

Bill Tye


Property Location

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The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on August 20th, 2019 at 11:08am CDT.