114 E 3rd St Storm Lake, IA 50588
Storm Lake AreaEstimated payment $1,193/month
Highlights
- 2 Car Attached Garage
- Baseboard Heating
- Mini Split Air Conditioners
About This Home
Unlock the possibilities with this truly unique property offering over 5,000 square feet of versatile space and dual residential/commercial zoning. Rich in history and character, this landmark property has served the community in a variety of capacities over the decades, including as a funeral home, church parsonage, daycare facility, and gathering space. From the moment you enter, you'll be welcomed by a stunning formal entry featuring original hardwood details and character and quality that reflects the property's historic charm. The main level offers an impressive combination of large open rooms and flexible spaces that can accommodate a wide range of needs. Whether envisioned as gathering areas, meeting rooms, offices, reception spaces, lounges, classrooms, or expansive living areas, the possibilities are extensive. The second floor transitions into a more residential atmosphere, featuring multiple bedrooms, a kitchen, and comfortable living spaces that create an ideal environment for owner occupancy, staff housing, multi-generational living, or other residential uses. The partially finished attic provides two additional bedrooms, adding even more flexibility and usable space. With its unique layout and dual zoning designation, this property presents an exceptional opportunity for entrepreneurs, investors, nonprofit organizations, community groups, or buyers seeking a live-work environment. Potential future uses may include professional offices, counseling or therapy services, educational or training facilities, nonprofit headquarters, community center, event or meeting venue, co-working space, boutique lodging, assisted living or senior services (subject to approvals), group housing, church or ministry-related uses, artist studios, wellness center, daycare, mixed-use residential/commercial occupancy, or conversion to a spacious private residence. Properties with this combination of size, character, history, and zoning flexibility rarely become available!
Home Details
Home Type
- Single Family
Year Built
- Built in 1903
Lot Details
- 12,000 Sq Ft Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5,404 Sq Ft Home
- 2-Story Property
- Laundry on upper level
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Storm Lake Elementary And Middle School
- Storm Lake High School
Utilities
- Mini Split Air Conditioners
- Baseboard Heating
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 19021-14-03-401-006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $206,810 | $10,280 | $196,530 |
| 2024 | -- | $103,540 | $0 | $0 |
| 2023 | -- | $103,540 | $0 | $0 |
| 2022 | $0 | $103,540 | $0 | $0 |
| 2021 | $0 | $103,540 | $0 | $0 |
| 2020 | $33 | $103,540 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2012 | -- | $103,540 | $18,040 | $85,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2026 07/24/26 | Price Changed | $184,000 | -7.5% | $34 / Sq Ft |
| 06/15/2026 06/15/26 | For Sale | $199,000 | -- | $37 / Sq Ft |
About the Listing Agent
A Storm Lake native with real estate experience in both Iowa and Florida. An Iowa State University alumnus with degrees in Business Administration and Finance, Bob previously worked as a residential loan officer. A trusted name locally for nearly 20 years, he and his wife Katie founded Compass in 2023.
Robert's Other Listings
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 833408
APN: 14-03-401-006
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Ask me questions while you tour the home.