135 & 139 5th Ave SW Lemars, IA 51031
Estimated payment $2,180/month
Highlights
- Porch
- Eat-In Kitchen
- Living Room
- 2 Car Attached Garage
- Patio
- Central Air
About This Home
Highway 75 Frontage – Live, Work & Invest in One Unique Property! Seize this rare opportunity to own a high-visibility property with prime exposure on Hwy 75! This versatile setup includes a spacious 4-bedroom, 2-bath split-level home tucked behind a multi-use commercial building, offering the perfect blend of residential comfort and business potential. The home features main floor laundry, a cozy brick fireplace in the bright living room, and a heated double attached garage for year-round convenience. The front commercial space—currently a tea house—boasts over 2,000 sq. ft. on the main level plus a fully finished basement, making it ideal for retail, office space, or your next big venture. A private parking lot for 8–10 vehicles ensures easy access, and the greenhouse adds even more possibilities. With endless potential, this property is perfect for living, working, or investing—all in one prime location. Bring your vision and make it your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,860
Year Built
- Built in 1965
Lot Details
- 6,400 Sq Ft Lot
- Level Lot
- Property is zoned res comm
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Steel Siding
Interior Spaces
- 2,048 Sq Ft Home
- Multi-Level Property
- Wood Burning Fireplace
- Living Room
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Patio
- Porch
Schools
- Lemars Elementary And Middle School
- Lemars High School
Utilities
- Central Air
- Radiant Heating System
- Water Softener Leased
Listing and Financial Details
- Assessor Parcel Number 12-16-106-022
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 | $2,062 | $155,890 | $7,920 | $147,970 |
| 2023 | $1,946 | $180,300 | $7,260 | $173,040 |
| 2022 | $2,106 | $143,750 | $7,260 | $136,490 |
| 2021 | $1,918 | $143,750 | $7,260 | $136,490 |
| 2020 | $1,918 | $133,280 | $7,260 | $126,020 |
| 2019 | -- | $147,570 | $7,260 | $140,310 |
| 2018 | -- | $135,370 | $7,260 | $128,110 |
| 2017 | -- | $111,160 | $0 | $0 |
| 2016 | -- | $111,160 | $0 | $0 |
| 2015 | -- | $100,570 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $350,000 | +59.1% | $171 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $220,000 | -6.4% | $107 / Sq Ft |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $235,000 | -- | $115 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 828209
APN: 12-16-106-022
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