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506 Butler Street, Melbourne, IA 50162.
Welcome home to 506 Butler Street in Melbourne! This 3-bedroom, 3-bath home offers plenty of space, beautiful countryside views, and all the charm of small-town living. A spacious main-floor primary suite addition was completed in 2007, creating a private and comfortable retreat. The additional bedrooms are oversized too, giving everyone room to spread out. The kitchen includes all appliances and offers great space for everyday living and gathering. Downstairs, the partially finished basement has SO much potential?whether you're dreaming of additional family room space, a game room, home gym, or hobby area, there's plenty of opportunity to make it your own. You'll also appreciate the convenient tuck-under 2-car garage. Outside, the fenced yard, mature trees, and beautiful countryside views create a setting that feels peaceful and private. Vinyl siding makes exterior maintenance easier, and the NEW ROOF in 2026 is a big bonus. Located in the West Marshall School District, this home combines generous living space, a wonderful yard, and the relaxed feel of small-town Melbourne. So much to love?and even more potential to make it your own!
MLS ID: 6343375
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506 Butler Street, Melbourne, IA 50162.

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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $194,900 | $194,900 | $194,900 |
| Down Payment | $38,980 | $6,822 | $48,725 |
| Monthly Mortgage Amount | $1,024 | $1,257 | $1,263 |
| Taxes | $271 | $271 | $271 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $86 | $0 |
| Monthly Estimated Total | $1,395 | $1,714 | $1,634 |
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