$575,000
$75K PRICE DROP

12397 240th St Linden, IA 50146

Estimated payment $3,396/month

Total Views 2,503
3 Beds
2 Baths
2,040 Sq Ft
$282 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Mud Room
  • Formal Dining Room
  • Laundry Room

About This Home

Updated Farmhouse + Turnkey Horse Acreage on 7.75 Acres!
Well-maintained & updated farmhouse on 7.75 hard-to-find acres on paved road-the ideal blend of rural Iowa country living and equestrian functionality.

The Home-Classic Charm, Modern Updates, this two-story farmhouse offers over 2,000 square feet of living space with 3 bedrooms and 2 bathrooms. Natural woodwork, hardwood floors, and character throughout. The main level features a spacious kitchen, formal dining room, living room, office, mudroom, laundry room, enclosed porch, and a full bath. Upstairs, three bedrooms and a ¾ bath have been refreshed with fresh paint and new flooring.

The Horse Acreage-Exceptionally Equipped Outside, this property is truly set up for horses and livestock:
• Classic 1900s-era 3-stall barn with attached lean-to for hay and equipment storage
• 28' x 44' 2-stall horse barn with hay storage
• Additional 16' x 32' 2-stall horse barn
• Six fenced pastures with three automatic waterers
• Fenced outdoor arena
• Horseshoe driveway providing convenient trailer access
Other Outbuildings
• Heated 30' x 48' shop with concrete floor and powered overhead door
• 2-car insulated steel-framed garage for vehicles and extra storage

Location Just 30 miles from Des Moines and only 8 miles from Lake Panorama, this exceptional acreage offers the perfect balance of country living, equestrian-ready facilities, and easy access to amenities.

Listing Agent

Anna Kempe

Keller Williams Ankeny Metro Listed on: 06/15/2026

Keller Williams Ankeny Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1910

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Rural Water
  • Septic Tank
  • Fiber Optics Available

Additional Features

  • Outbuilding
  • 7.75 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0533300006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 1910

Lot Details

7.75 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreage
  • Style: Two Story
  • Lp Amt Sq Ft: 281.86
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Fiber Internet, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Partial
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Mud Room
  • Included Items: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2040
  • Total Sq Ft: 2040

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Out Buildings
  • Foundation: Stone
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 7.7500
  • Lot S F: 337590
  • Assessor Parcel Number: 0533300006

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2908.00
  • Net Taxes: 2820.00

MLS Schools

  • School District: Panorama Community

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the 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 $2,820 $361,480 $98,500 $262,980
2024 $3,214 $335,500 $83,730 $251,770
2023 $3,214 $335,500 $83,730 $251,770
2022 $3,140 $291,200 $77,500 $213,700
2021 $3,140 $285,450 $77,500 $207,950
2020 $3,088 $270,470 $77,500 $192,970
2019 $2,718 $260,320 $77,500 $182,820
2018 $2,718 $225,100 $55,000 $170,100
2017 $2,706 $215,910 $55,000 $160,910
2016 $2,554 $207,820 $55,000 $152,820
2015 $2,500 $205,980 $0 $0
2014 $2,442 $205,980 $0 $0
Source: Public Records

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 Prior Sale
08/15/2026 08/15/26 Price Changed $575,000 -8.0% $282 / Sq Ft
07/17/2026 07/17/26 Price Changed $625,000 -3.8% $306 / Sq Ft
06/15/2026 06/15/26 For Sale $650,000 +113.1% $319 / Sq Ft
10/09/2018 10/09/18 Sold $305,000 -4.4% $150 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
09/10/2017 09/10/17 For Sale $319,000 -- $156 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed $305,000 None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $289,750 New Conventional
Source: Public Records

About the Listing Agent

Anna Kempe

Keller Williams Ankeny Metro

(641) 653-6822

Section Image

I grew up on a farm in Boone County just down the road from where I live now. My parents instilled in me the importance of hard work and being excited about what you do, whether it is agriculture related or not.

In 2019, I began looking for something to fuel my creativity and determination. I decided to put my creativity, eagerness to learn, and carpentry skills into flipping a house. Upon flipping my first home I hired a local realtor and quickly became frustrated with the stick the

Anna's Other Listings

  • 1113 SE Wanda Dr, Ankeny, IA 50021

    $348,000 Sold Sep 30, 2025

    • 4 Beds
    • 3.5 Baths
    • 1,695 Sq Ft
    • 1113 SE Wanda Dr
    • Ankeny, IA

    Welcome home to this beautifully maintained 4-bedroom, 4-bath ranch home offering over 2,600 square feet of finished living space packed with upgrades designed for comfort and convenience.Step into the heart of the home where the eat in kitchen shines with quartz countertops, a tiled backsplash, built-in pantry, and ample cabinetry. Adjacent is a formal dining area and a warm inviting

    Anna Kempe Keller Williams Ankeny Metro

Source: Des Moines Area Association of REALTORS®

MLS Number: 743053

Des Moines Area Association of REALTORS®

APN: 05-33-300-006

Your Personal Tour Guide

Ask me questions while you tour the home.