Monona, Iowa Housing
Press here to find out more about city of Monona's housing incentives & tax exemptions for which you may apply. Read more below about Monona's housing subdivisions for new home building or to purchase an existing home in Gordon Estates, Gordon Subdivision, and Heying Subdivision. See also this site's webpages for our Realtor chamber members to help you locate your special new home throughout the Monona-area community, commercial or investment property: Allen Real Estate Co., Exit Realty Premiere Properties, and FreedomAgency.
Homestead Exemption
New residents may file for Homestead Exemption at the County Assessor's office located at 111 High St. NE in Elkader, phone (563) 245-2533. To qualify for Homestead Exemption to reduce your property taxes, the residence must be owned & occupied by you, an Iowa resident. There is no charge for Homestead Exemption. To qualify for a full year of Homestead Exemption credit, you must file an application with the Clayton County Assessor's office between January 1 and July 1 in any given year. You may, however, file an application at any time after July 1, but you will not receive a full year's credit until the following year.
Here in Monona, we have an abundance of housing opportunities to suit your needs! Everything from homes for sale, homes for rent, duplexes, handicapped-accessible housing, home building lots located in new housing developments and apartments.
New Housing Incentives for Home Occupants

- Loans
- FreedomBank offers very competitive loans (subject to approval) (563) 539-2015
- Energy Rebates
- Black Hills Energy (888) 890-5554
- Alliant Energy (800) 723-7635
- Telephone and Cable Television
- Northeast Iowa Telephone Company offers free telephone and cable television access to your new home (563) 539-2122
In Monona, Iowa, we have 2 residential subdivisions -- GORDON SUBDIVISION (& Gordon Estates) and HEYING SUBDIVISION -- and you'll find below more information about them.
Residential Housing Development (1 of 2 in Monona): GORDON SUBDIVISION

Contact Us:
FreedomAgency
800 Darby Drive
Monona, Iowa 52159
Phone: (563) 539-2015
Website: FreedomAgencyMonona.com
FreedomAgency
800 Darby Drive
Monona, Iowa 52159
Phone: (563) 539-2015
Website: FreedomAgencyMonona.com
GORDON SUBDIVISION PLOT MAP (shows Gordon Estates) |
Call JIM MORITZ, FreedomAgency of Monona, at 563.880.8189 to talk about building your new home at Monona's picturesque Gordon Estates.
Get into the building process early to choose your lot & your new home's hardware, finishes, paint colors & floor coverings for a custom-design feel to suit you & your family's lifestyle. |

In August, 2017, the city of Monona began excavating a portion of the Gordon Subdivision -- described as "Gordon Estates" -- to extend the utilities and build a new cul-de-sac around which 5 new homes will be built (see yellow highlighted area below; no highway access).
UPDATE: Today, two new homes have been built on Lots 1 and 5 . . . and 2 new homes are being built on Lots 3 and 4 . . . only Lot 2 remains available on which to build your new home!
UPDATE: Today, two new homes have been built on Lots 1 and 5 . . . and 2 new homes are being built on Lots 3 and 4 . . . only Lot 2 remains available on which to build your new home!
PICTURE YOUR NEW HOME HERE! Have you seen the NEW CONSTRUCTION taking place at MONONA's GORDON ESTATES?:
* city of Monona's constructing cul-de-sac;
* utility & service connections brought to ea. lot
* 5 spacious new home lots rest around cul-de-sac (2 homes built + 2 homes being built = only 1 left!);
* look out over Iowa-beautiful rural vistas;
* close to quality school, daycare, butterfly trails & gardens & aquatic center
* 3 BR / 2 BA / 3-car garage spec home completed & ready for move-in; and,
* get early into the building process on the last Lot #2 to choose your interior finishes (from those SBC or another builder may offer).
* city of Monona's constructing cul-de-sac;
* utility & service connections brought to ea. lot
* 5 spacious new home lots rest around cul-de-sac (2 homes built + 2 homes being built = only 1 left!);
* look out over Iowa-beautiful rural vistas;
* close to quality school, daycare, butterfly trails & gardens & aquatic center
* 3 BR / 2 BA / 3-car garage spec home completed & ready for move-in; and,
* get early into the building process on the last Lot #2 to choose your interior finishes (from those SBC or another builder may offer).
Photos capture initial progress of a cul-de-sac house built in "Gordon Estates", where there's only 1 lot left (Lot #2). In the adjoining Gordon Subdivision, there's only 1 "platted" lot left (Lot #7) on which to built. After these 2 sections are 100% filled, Monona Enterprise will plat a new section, work with the city to install streets and utilities infrastructure, and begin selling 13 new home-buiding lots. These lots are along or nearby Monona Butterfly Trail, Garden View Park, Memorial Gardens, Butterfly Gardens, aquatic center, MFL MarMac schools, day care center, parks and much more. Give Monona Enterprise's Jim Moritz a call today at (563) 539-2015 to select your lot and start your new home.
About Us: Our citizens and the business community welcome you to a friendly, warm and caring community. The area brings with it opportunities for everyone from the very young to our senior citizens, including:
Monona is a progressive community that takes a lot of pride in everything it does. Some of our recent new or upgraded construction projects are:
Please call us for your copy of Gordon Subdivision's Covenants (substituted & amended covenants approved April 4, 2006).
We welcome you to the community and encourage you and your family to enjoy all of the amenities Monona has to offer. The "New Housing Incentives for Home Occupants" (Loans, Energy Rebates, Telephone and Cable Television Incentives) listed in the top section above apply to any lot purchased and new home built in the Gordon Subdivision.
Please call us if you have any questions or are interested to learn more information about the GORDON SUBDIVISION residential building lots for sale.
Respectfully yours,
Alliant Energy
Black Hills Energy
City of Monona
FreedomBank of Monona
Monona Enterprise Group
NEIT (Northeast Iowa Telephone)
- Excellent School System
- 4 Churches
- Variety of 100+ Businesses
- Many Community and Non-profit Organizations
- Manufacturing Industries
- Parks & Hiking-Biking Trails
- Outdoor Aquatic Park
- Hunting & Trout Fishing (some of the best in the world, with all 3 trout species!)
- Kayaking & Canoeing on Yellow River, just 5 mi. north of Monona from Main St.
- Snowmobiling, Snowshoeing, Cross-country Skiing Trails
- Surrounding "Driftless Area" Classic Scenic Beauty
Monona is a progressive community that takes a lot of pride in everything it does. Some of our recent new or upgraded construction projects are:
- Downtown Streetscape Revitalization
- Little Bulldog Childcare & Learning Center
- Fire Station
- City Hall
- Community Center
- Family Aquatic Center
- Garden View Place Senior Community
- Butterfly Gardens (currently building new butterfly gardens in parks & along trails around city)
- Butterfly Trail (currently building extension to other parks & around city)
- Historic Restoration of c. 1916 City Park Bandstand
- $1M Library Expansion
- All-inclusive Playground at City Park
- Downtown Main Street's Flowers/Plants/Seasonal Decor Planters
- Modern ADA Men's/Women's Restrooms at City Park
- Butterfly Trail Trailhead with Map Kiosk at City Park (one day will tie together all parks in town)
- Butterfly Trail one-half mile hard-surface extension from Butterfly Gardens to Gateway Park
- Upgraded RV Gateway Park campground to full-service site hookups to water/electric/sewer
- Modern ADA Men's/Women's Restrooms at Gateway Park Campground
- All-inclusive Playground at Gateway Park
- Butterfly Trail Trailhead with Map Kiosk at Gateway Park (one day will tie together all parks in town)
- Butterfly Trail 40' hard-surface extension from north wide of Veterans Memorial to Gateway Park Playground
- Butterfly Trail Trailhead with Map Kiosk at Gateway Park (one day will tie together all parks in town)
- Butterfly Trail Phase III hard-surface extension from Gateway Park to Spruce St. (in 2022, we'll paint street with a shared hiking-biking lane from Spruce St. through City Park and on to Memorial Gardens' entrance.
- In 2022 received grant to hard-surface 7 RV sites and add the first ADA parking space to Gateway Park, and that project start Spring, 2022
Please call us for your copy of Gordon Subdivision's Covenants (substituted & amended covenants approved April 4, 2006).
We welcome you to the community and encourage you and your family to enjoy all of the amenities Monona has to offer. The "New Housing Incentives for Home Occupants" (Loans, Energy Rebates, Telephone and Cable Television Incentives) listed in the top section above apply to any lot purchased and new home built in the Gordon Subdivision.
Please call us if you have any questions or are interested to learn more information about the GORDON SUBDIVISION residential building lots for sale.
Respectfully yours,
Alliant Energy
Black Hills Energy
City of Monona
FreedomBank of Monona
Monona Enterprise Group
NEIT (Northeast Iowa Telephone)
Residential Housing Development (2 of 2 in Monona): HEYING SUBDIVISION

Contact Us:
Wes Heying, Owner
Wes Heying Carpentry
P.O. Box 28, Monona, IA 52159
Phone: (563) 539-2378
Cell: (563) 880-0232
Find Us on Facebook
Wes Heying, Owner
Wes Heying Carpentry
P.O. Box 28, Monona, IA 52159
Phone: (563) 539-2378
Cell: (563) 880-0232
Find Us on Facebook
HEYING SUBDIVISION PLOT MAP
About Us: Heying Subdivision is a subsidiary of Wes Heying Carpentry. Wes & Julie Heying have created a new housing subdivision here in Monona and are offering home building lots for sale. The Heying Subdivision is located on the corner of East Street N. and North Street E. Wes Heying has been a self-employed carpenter here in the Monona area for about 20 years. Over the years, he has built numerous houses, as well as completing many large renovations, additions, and other building projects.
Having spent much of his career building homes here in the Monona area, Heying decided to try a new endeavor. Wes Heying began developing his own subdivision to complement the quality way of living life here in the peaceful town of Monona. Within a reasonable distance to downtown stores, medical facilities, restaurants, churches, and major highways, yet far enough away for privacy, Heying purchased farmland situated to the north of Monona and began transforming it to become a picturesque residential building ground.
Building Lots: Heying Subdivision boasts 9 spacious single-family residential building lots. Lot prices range from $20,000 to $30,000. As lots sell, the list below is subject to change, so contact Wes for updated availability. As of today, only 3 lots remain, and there's only 1 corner lot left to own!
Block 1:
Amenities: See top section for "New Housing Incentives for Home Occupants"
Energy Rebates:
Having spent much of his career building homes here in the Monona area, Heying decided to try a new endeavor. Wes Heying began developing his own subdivision to complement the quality way of living life here in the peaceful town of Monona. Within a reasonable distance to downtown stores, medical facilities, restaurants, churches, and major highways, yet far enough away for privacy, Heying purchased farmland situated to the north of Monona and began transforming it to become a picturesque residential building ground.
Building Lots: Heying Subdivision boasts 9 spacious single-family residential building lots. Lot prices range from $20,000 to $30,000. As lots sell, the list below is subject to change, so contact Wes for updated availability. As of today, only 3 lots remain, and there's only 1 corner lot left to own!
Block 1:
- Lot 1: SOLD
- Lot 2: SOLD
- Lot 1: SOLD
- Lot 2: SOLD
- Lot 3: 14,652 SF lot located on the corner of East & Franklin Streets. Last remaining corner lot available!
- Lot 1: 14,523 SF lot located on East Street near the entrance of the subdivision. Building lot designed for home with walk-out basement.
- Lot 2: SOLD
- Lot 3: 15, 536 SF lot located near the intersection of East Street and Franklin Street. Building lot designed for home with walk-out basement.
- Lot 4: SOLD
Amenities: See top section for "New Housing Incentives for Home Occupants"
Energy Rebates:
- Black Hills Energy (888) 890-5554
- Alliant Energy (800) 723-7635
- Northeast Iowa Telephone Company offers free telephone and cable television access to your new home (563) 539-2122