A lot of house for the money! C. 1880 mansion in Iowa. $35,000.

This is an 1880 two-story mansion in Keokuk, Iowa, called Wishing Well Place in the listing. It has 4 bedrooms, 2 bathrooms, and 2,752 square feet on a corner lot. It is priced at $35,000, which is about $13 a square foot.

628 Franklin St, Keokuk, IA 52632 — $35,000
Curb Appeal
The front has a steep center gable with an arched window, a two-story bay, and a bracket under the bay trimmed in scalloped shingles. The front door sits under an arched transom, and a covered porch runs off to the right. A tall brick chimney rises behind the gable. The paint is worn and the siding needs attention.

- Built 1880
- Center gable with arched window
- Two-story bay window
- Arched transom over the front door
- Covered front porch
- Shingle roof
Foyer and Woodwork
The listing says the foyer has ornate craftsmanship woodwork. It also calls out original woodwork in the living room.

- Ornate foyer woodwork
- Original woodwork in the living room
Grand Living Room
The living room has a stained glass window, a lofty ceiling, and hardwood flooring. The listing says the original windows let in a lot of natural light.

- Stained glass window
- High ceiling
- Hardwood flooring
- Original windows
Four Bedrooms and a Second Kitchen
There are 4 bedrooms and 2 bathrooms. The listing also mentions a second kitchen, which it says opens up a lot of options. That could mean an apartment or a separate living space, though the listing does not say how the house is divided.

- 4 bedrooms
- 2 bathrooms
- Second kitchen
- 2,752 square feet
Heat, Basement, and Utilities
Heat is steam, and there is no cooling. The basement is full and made of stone. The house is on public water and public sewer. The listing does not say what shape the systems are in.

- Steam heat
- No cooling
- Full stone basement
- Public water
- Public sewer
Corner Lot and Parking
The lot is a spacious corner at 8,400 square feet, which is about 0.19 acres. Off-street parking is available from the alley.

- Corner lot
- 8,400 square feet
- Off-street parking from the alley
- Covered front porch
Schools
Hawthorne Elementary (K-1) is 0.3 miles away. Keokuk Middle School (6-8) is 1 mile away, and Keokuk High School (9-12) is 1.1 miles away.

- Hawthorne Elementary, K-1, 0.3 miles
- Keokuk Middle, 6-8, 1 mile, GreatSchools 5
- Keokuk High, 9-12, 1.1 miles, GreatSchools 3
Price History and Taxes
The house sold for $50,000 in 2018. It was listed at $47,500 in December 2025, went pending a couple of times, and came off the market in February 2026. It was relisted on September 26, 2026 at $35,000, a drop of about 26 percent.

Property tax is $1,108 a year, on an assessed value of $51,240. Zillow has no Zestimate or rent estimate for it.

- Sold 2018 for $50,000
- Listed Dec. 2025 at $47,500
- Relisted Sept. 2026 at $35,000
- Tax assessed value $51,240
At $35,000 this is a lot of house for the money, and the price is now lower than what the last owner paid. It is sold as is, where is, so it is for a buyer who wants to bring an 1880 mansion back and can budget for the work.
Full Listing Description
This stately 1880 Wishing Well Place Mansion features unique detail throughout. The gorgeous foyer, with ornate craftsmanship wood work, welcomes you to the grand living room with appealing stain glass window, lofty ceiling, original woodwork and hardwood flooring. The original windows allow an abundance of natural lighting. With 4 bedrooms and second kitchen opportunities are unlimited. The spacious corner lot has off street parking from the alley. Enjoy the covered front porch. Bring your passion and take this home back to its glory. The property is selling As Is Where Is and priced accordingly.
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