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Country Ranch on 7.5+ Acres with Workshops & Barns! Located just minutes from town, this spacious ranch offers 1,432 sq. ft. on the main floor plus a partially finished lower level. Key Highlights: • Recent Updates: New roof (45-yr shingles) & gutters 3 years ago; fresh exterior & interior paint; new main-floor laminate flooring. • Interior Comforts: Remodeled main bath (tile shower/floors), cozy fireplace insert with a fan to heat the main floor, and 2 finished rooms downstairs with a second full bath. • Utilities: Efficient Lennox propane furnace, extra attic insulation, well water with Culligan softener & RO system. • The Land & Outbuildings: 7.5+ acres with 2 fenced paddocks. Includes a 4-bay storage shed and two wired barns—one with a massive insulated workshop & barrel heater, the other with a traditional hayloft and working chicken coop.

  • Bedrooms
    2
  • Bathrooms
    2
  • Year Built
    1977
  • Architectural Style
    Ranch
  • Construction Materials
    Aluminum Siding
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Concrete
  • Living Area
    2074.0
  • Appliances
    Water Softener
  • Patio And Porch
    Deck
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    Forced Air, Propane
  • Basement
    Partial, Unfinished

  • Acres
    7.57
  • Water
    Private, Well

  • County
    Wayne
  • City
    Wakefield
  • Zip Code
    68784
  • High School
    Wakefield
  • Middle School
    Wakefield
  • Elementary School
    Wakefield

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Frequently Asked Questions

How do I schedule a tour of 85536 Highway 16?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 85536 Highway 16.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 85536 Highway 16?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $490,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Wakefield, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 85536 Highway 16?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 85536 Highway 16 at around $2,958. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 85536 Highway 16?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Wayne County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 85536 Highway 16?

In most cases, yes. Whether 85536 Highway 16 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Wakefield's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 85536 Highway 16?

We can handle that for you. Our preferred local agent specializes in residentials in Wakefield and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $490,000 with 2,074 sqft of space—that comes out to approximately $236 per square foot.

How long has this property been on the market?

85536 Highway 16 was listed on July 10, 2026, which means it's been on the market for 122 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1977, making it approximately 49 years old.

What is the lot size of this property?

85536 Highway 16 sits on a 7.57-acre lot, which is 329,749 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Wakefield
  • Middle: Wakefield
  • High: Wakefield

Want to see how these schools compare? Check out our Wayne County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 85536 Highway 16?

The most recent public record shows annual property taxes for 85536 Highway 16 were approximately $2,039. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 85536 Highway 16 still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Northwest Iowa Regional Board of REALTORS. All rights reserved.

Last Updated: November 09, 2026 at 07:56AM | Source: Northwest Iowa Regional Board of REALTORS | MLS#: 833760