1320 S Lake St Lake Mills, IA 50450
Estimated payment $1,331/month
Highlights
- Popular Property
- Deck
- Fireplace
- Lake Mills Elementary School Rated A-
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Lot
Welcome to this stunning acreage on the edge of town nestled on scenic countryside with mature trees. As you step inside, you will begreeted with beautiful well crafted finishes throughout the home, creating a warm and welcoming atmosphere. The layout is thought fully designed to provide comfort and functionality for everyday living. Outside the property features several outbuildings that offer additional storage space or could be repurposed for various uses. A deck overlooks the lush CRP ground, providing a perfect spot to unwind and take in the peaceful surroundings. Situated in a quiet area, this property offers wonderful views of the surrounding landscape, making it the ideal place to enjoy a tranquil lifestyle. Many updates including new heating & cooling system in 2021. In 2024 new plumbing, water heater, drywall, paint, flooring, kitchen, 2 bathrooms, doors, windows, & fixtures. Don't miss the opportunity to make this acreage your new Home Sweet Home!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,390
Year Built
- Built in 1900
Lot Details
- 1.18 Acre Lot
- Property fronts a private road
- Property is zoned RG/GENERAL RES
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,566 Sq Ft Home
- 2-Story Property
- Fireplace
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Parking
- 2 Car Detached Garage
- Workshop in Garage
- Gravel Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 0811301006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,401 | $64,810 | $18,810 | $46,000 |
| 2023 | $1,348 | $83,730 | $18,810 | $64,920 |
| 2022 | $1,206 | $67,440 | $19,230 | $48,210 |
| 2021 | $1,262 | $67,440 | $19,230 | $48,210 |
| 2020 | $1,270 | $64,220 | $18,310 | $45,910 |
| 2019 | $1,252 | $61,160 | $0 | $0 |
| 2018 | $1,241 | $61,160 | $0 | $0 |
| 2017 | $1,134 | $56,170 | $0 | $0 |
| 2016 | $1,046 | $56,170 | $0 | $0 |
| 2015 | $1,046 | $53,500 | $0 | $0 |
| 2014 | $976 | $53,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $220,000 | +383.5% | $140 / Sq Ft |
| 01/25/2024 01/25/24 | Sold | $45,500 | -32.5% | $46 / Sq Ft |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $67,400 | -- | $68 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,500 | None Listed On Document | |
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $43,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $63,400 | Unknown | |
| Previous Owner | $30,000 | Purchase Money Mortgage | |
| Previous Owner | $108,000 | New Conventional | |
| Previous Owner | $40,000 | Future Advance Clause Open End Mortgage |
Source: Mason City Multiple Listing Service
MLS Number: 250490
APN: 0811301006
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