USD 257 - Iola Homes with USDA Loan Financing

Welcome to the charming town of Iola, located in Allen County, Kansas. Here, you'll find the highly-regarded school district of USD 257, offering top-notch education to students in the area. Families are drawn to Iola not only for its excellent schools but also for its tight-knit community, beautiful parks, and rich history.

If you're considering purchasing a home in Iola, you'll be pleased to know that many homes in this area are eligible for USDA loan financing. This type of financing can make buying a home more affordable and accessible, particularly for first-time homebuyers or those looking for a rural property.

Whether you're looking for a cozy bungalow in the heart of town or a spacious family home on the outskirts, Iola has a range of housing options to suit your needs. From historic properties with character to modern builds with all the amenities, there's something for everyone in this welcoming community.

With its strong sense of community, excellent schools, and homes eligible for USDA loan financing, Iola is the perfect place to put down roots and make lasting memories. Reach out to a local real estate agent to explore the available properties in this charming town and find your dream home in Iola today.

Newest USD 257 - Iola Homes with USDA Loan Financing

$249,900

4 Beds ⋅ 3 Baths

This is a very nice ranch-style home on a large lot. This home has been well-maintained. The home has 4 bedrooms and 3 bathrooms. The home has lots of room, from a family room to nice size living room with a fireplace. This home has a second living quarters with a living room, kitchen, and Bedroom. This has a 2-car detached garage with a covered patio attached to the home. The home has a lot size of half an acre. You really need to see this property to appreciate all it has to offer.

220 W Garfield Street, Iola

Listing courtesy of John Brocker of Allen County Realty, Inc..

$69,999

3 Beds ⋅ 2 Baths

Solidly built and full of character, this 3-bedroom, 2-bath home offers 1,457 sq. ft. of comfortable living space with strong bones and plenty of upside. If you’re looking for an affordable entry into homeownership or a value-add opportunity, this property is a practical canvas ready for your updates and personal touches. Highlights: - Spacious floor plan with three bedrooms and two full baths — functional rooms that can be modernized to suit your style. - Large detached 2-car garage/shop with alley access — perfect for vehicle storage, a workshop, or extra project space. - Generous main living areas that flow well for everyday living and entertaining. - Quiet Iola location with easy regional access: about 1.5 hours to Kansas City and roughly 2 hours to Wichita and Tulsa. This home is priced and positioned for buyers who want affordability and potential. Bring your contractor or design ideas and turn this solid property into a comfortable, updated home — great for first-time buyers or investors seeking a straightforward renovation project. Schedule a showing today to see the possibilities.

716 E Lincoln Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$209,000

4 Beds ⋅ 2 Baths

Charming turn-of-the-century home—meticulously maintained and move-in ready. This spacious 1900s residence features four generous bedrooms and two full baths, high ceilings, and oversized windows that flood the interior with natural light. Thoughtful updates include renovated kitchens and bathrooms plus modern HVAC and electrical systems completed within the last 10 years for comfort and peace of mind. Original character blends seamlessly with contemporary conveniences: bright, airy living spaces, ample storage, and quality finishes throughout. Enjoy the beautiful front porch and landscaped front yard—perfect for morning coffee or watching the neighborhood go by. The large, fully fenced backyard is a private oasis for family play, gardening, or entertaining, and a detached garage provides secure parking and extra storage. Quiet, well-cared-for property in a friendly neighborhood—ideal for growing families seeking classic charm with modern reliability.

221 S Colborn Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$339,000

4 Beds ⋅ 3 Baths

Charming and Masterfully Built Split-Level Home in a Highly Sought-After Neighborhood! Welcome to this meticulously maintained 4-bedroom, 3-bathroom split-level residence offering 1,650 sq ft of comfortable above-ground living space, plus an expansive 1,470 sq ft basement. Standing out with superior, high-quality conventional frame construction featuring robust 2x6 studs, this home offers exceptional structural integrity and excellent energy efficiency. Situated on a massive 15,300 sq ft lot with a 100' frontage in a desirable Iola location, it perfectly balances premium building quality with a fantastic setting. Key Highlights and Features: * Space and Comfort: Offers incredibly spacious bedrooms and large, full bathrooms designed for comfort. Features a wood-burning fireplace downstairs and an upstairs fireplace lined with stainless steel flues. * Recent Additions and Upgrades: A fantastic 14x18 shop was added in 2014, featuring its own wall A/C unit, dedicated breaker panel, and full insulation, perfect for hobbies or a workspace. * Outdoor Living: Enjoy the outdoors with a covered porch added in 2012, an expansive wood deck/patio area, and an integrated underground drainage system off the back roofs. * Mechanicals and Utilities: Equipped with a dual-zone electric heat pump system (upstairs unit updated in 2011, downstairs in 2012) serviced regularly every fall. Features an automatic lawn sprinkler system to keep the spacious grass lawn vibrant. * Appliances Included: Move-in ready with a dishwasher and washer/dryer (updated in 2022), trash compactor (2025), two refrigerators, a built-in oven and cooktop staying with the property. Complete with an attached 600 sq ft garage, this remarkably solid home is ready for its next chapter. Schedule your tour today!

21 W Edwards Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$269,000

3 Beds ⋅ 2 Baths

New 2026 Ranch with Massive Tax Savings Whether you’re looking for a perfect first-time home or are an empty nester ready to downsize into effortless, one-level living, this brand-new 2026 construction is designed for your future. This 1,296 sq. ft. ranch offers three bedrooms, two full bathrooms, and a lifestyle defined by modern efficiency and local adventure. *Unbeatable Financial Advantage: 95% Tax Abatement* This home comes with a game-changing financial benefit: a 10-year, 95% property tax abatement estimated $60,000 over 10 years!! *Keep Your Money:* Receive 95% of your property taxes back every year for the next decade. *Incredible Affordability:* This massive savings significantly lowers your monthly carrying costs, providing budget stability that is perfect for those starting out or planning for retirement. Premium Interior Features: All Brand New Appliances: Move in with total peace of mind; the kitchen comes fully equipped with a complete set of brand-new, modern appliances. Primary Suite Luxury: The spacious primary bedroom features a large walk-in closet and an ensuite bath with a contemporary walk-in shower. Modern Efficiency Experience the comfort of 2026 building standards, ensuring low utility bills and a maintenance-free lifestyle. *Attached Garage:* Stay out of the elements with convenient, direct interior access. Adventure Out the Back Door: Located in a quiet new development, your backyard is a gateway to the best recreation in the region. The *Prairie Spirit Trail* is literally at your back door. *Direct to Lehigh Portland Quarry:* Follow the Prairie Spirit Trail directly from your home to the stunning Lehigh Portland Quarry. Enjoy easy access to the spring-fed lake and the beautiful park features that are a new highlight for Iola. Don’t miss this opportunity to own a high-quality home with a tax incentive that is second to none. Schedule your showing today and see why this is the smartest move in Iola!

504 McGuire Drive, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$162,000

3 Beds ⋅ 2 Baths

**Welcome Home to This Stunning Brick Ranch!** This charming 3-bedroom, 2-bathroom brick ranch sits on a spacious corner lot and is officially ready for its new owner! Experience true peace of mind with a fully renovated home that combines classic curb appeal with modern updates throughout. Key Features & Recent Updates: Brand New Roof: Included with the home, offering years of worry-free protection and added energy efficiency. Beautiful Brick Exterior: Timeless style with excellent curb appeal on a prominent corner lot. Modern Kitchen: Completely updated with new appliances, contemporary finishes, and ample workspace. Refined Interior: Three comfortable bedrooms and two full bathrooms featuring stylish, modern fixtures. Outdoor Space: A generous corner lot providing plenty of yard space for gardening, play, or entertaining. Don’t miss this opportunity to own a meticulously renovated, "move-in ready" home in a desirable location. Schedule your showing today!

123 W Douglas Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$55,000

The Ultimate Basecamp for Your Gear & Toys! Tired of hauling your boat, jet skis, or hunting gear back and forth every weekend? Stop towing and start relaxing. This newer 54 x 35 metal shop (built in 2022) in Gas, KS, is the secure, turnkey storage solution you’ve been looking for. Located just four blocks north of Highway 54, this property offers a strategic "pit stop" for anyone heading toward Lake of the Ozarks or out-of-state hunters looking for a private, secure hub to store their equipment year-round. Why This Shop Works for You: * Massive Space: 1,890 sq. ft. featuring 4 bays to accommodate multiple vehicles, boats, or trailers. * Built to Last: Durable metal construction with a solid concrete floor. * High-End Power: Already equipped with 220V/200A electric, perfect for charging batteries, running tools, or keeping a deep freezer ready for your next catch or harvest. * Prime Corner Lot: Situated on a spacious 0.43-acre triple lot with plenty of room to maneuver large trailers. * Secure & Private: Ditch the monthly storage unit fees and enjoy 24/7 access to your own private, locked facility. Whether you need a "toy box" for your lake gear or a secure locker for your UTVs and hunting blinds, this property is ready to go on day one. With all utilities available in the area, you even have the flexibility to add a small residence or cabin in the future. Stop hauling and start storing! Properties this functional and conveniently located don't stay on the market long. Call today to schedule your showing and secure your new basecamp.

324 N Osborne Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

$190,000

3 Beds ⋅ 2 Baths

Price reduced/motivated seller, beautiful colonial ranch close to everything! Don’t miss this opportunity to own this beautiful well maintained three bedroom two bath colonial Ranch offering 1596 ft.² of comfortable living space on a generous 247’ x 85’ lot. With a recent price reduction to 190,000, this home offers exceptional value in a convenient location, near shopping, restaurants, and everyday amenities. Step inside to discover fresh interior paint, recessed lighting, stunning granite, countertops, and beautifully updated bathrooms, featuring stylish tile surround showers. The inviting double-sided fireplace creates a warm focal point that can be enjoyed from both the living room and dining room area, making it perfect for entertaining or relaxing at home. Outside you’ll appreciate the covered patio overlooking a yard shaded by mature, established trees, and ideal space for gatherings or peaceful evenings. The spacious garage offers abundant storage complimented by an additional storage shed for tools, lawn, equipment, or hobbies. Built in 1963, this move in ready home, combines timeless charm with modern updates with a motivated seller and a reduced price, this is your chance to make this wonderful property your new home. Schedule your private showing today!

7 W Garfield Street, Iola

Listing courtesy of Pamela Knowles of Crown Realty.

$475,000

4 Beds ⋅ 2.5 Baths

Welcome to this exceptional two-story property, beautifully set on 12.3 acres. The 4-bedroom, 2-bath home offers an updated kitchen, generous living space, abundant closets, and an inviting upstairs common area—perfect for a game room, media lounge, or quiet retreat. An attached two-car garage includes a built-in safe room, adding peace of mind to everyday living. Beyond the home, the property truly shines. Two detached shops open the door to endless possibilities. One shop is thoughtfully designed with two separate entertainment spaces that seamlessly flow together, complete with a half bath—ideal for gatherings, events, or even a private venue. The second shop features a gravel floor and pew-style seating, lending itself beautifully to ceremony settings, creative uses, or impressive storage. The outdoor space is just as captivating, with expansive yard areas, designated outdoor seating for events, and a serene pond-side seating area perfect for hosting or relaxing. Farther back on the property, an additional quiet seating spot offers a peaceful place to fish, unwind, or simply enjoy the natural surroundings

1276 2200 Street, Iola

Listing courtesy of Derrik McCall of Infinity Real Estate, LLC.

$150,000

Discover the perfect spot for your restaurant, deli, or fast food venture at this prime location just west of the bustling intersection of 169 and Highway 54. This high-traffic area offers a captive audience thanks to its position at a four-way stop light, ensuring consistent visibility. The site boasts excellent incentives and tax benefits, making it not only a strategic choice but also a cost-effective one for your business. All essential utilities are easily accessible, streamlining your setup process. Whether you’re launching a trendy new eatery or expanding your established brand, this location offers the foundation for success. With its strategic location you’ll be well-positioned to attract a diverse and steady customer base. Embrace the opportunity to grow your business in this dynamic community. Act now and make your mark in this vibrant area where convenience meets opportunity!

1119 East Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.

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