
302 N 5th St Lanesboro, IA 51451
Estimated payment $1,321/month
About This Home
Welcome to 302 5th St – A Hidden Gem with Acreage & Charm! This character-filled 1.5-story home sits on nearly 1.5 acres and offers the perfect blend of small-town living with room to roam. Located on a quiet street with beautiful views of open farmland, this property offers privacy, space, and endless potential. Inside, you’ll find: • 3 spacious bedrooms (main floor primary + 2 upstairs) • 1 full bathroom • Beautiful terrazzo tile countertops and flooring in the kitchen and bath • A warm and inviting four-season room filled with natural light • A stunning stone fireplace (ready for a gas insert conversion) • 2-car attached garage for easy access The home offers great bones and timeless charm. While some finishes and colors are dated, it’s a blank canvas full of space, character, and storage—ready for a new family to make it their own. Roof was replaced 5 years ago. Outside perks include: • 40x72 steel-framed building with 2,660 sq ft and a large overhead door • Detached single garage—ideal for storage, garden tools, or a future she-shed • 9 full lots giving you nearly an acre and a half to personalize • City water, septic system, and town snow removal—a hybrid of acreage living with town conveniences • Fruit trees (peach, apple, and more) already planted and producing! • Room for a large garden, landscaping, or your private outdoor retreat Whether you’re looking for space to grow, a property with workshop potential, or a peaceful setting with charm and history
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $578
Year Built
- Built in 1925
Parking
- 2
Interior Spaces
- Fireplace
- Unfinished Basement
- Partial Basement
Utilities
- Forced Air Heating System
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 | $578 | $59,080 | $4,850 | $54,230 |
2023 | $498 | $59,080 | $4,850 | $54,230 |
2022 | $477 | $46,870 | $3,230 | $43,640 |
2021 | $5 | $46,870 | $3,230 | $43,640 |
2020 | $512 | $46,870 | $3,230 | $43,640 |
2019 | $562 | $46,870 | $3,230 | $43,640 |
2018 | $562 | $46,870 | $3,230 | $43,640 |
2017 | $554 | $45,132 | $3,231 | $41,901 |
2016 | $560 | $42,180 | $0 | $0 |
2015 | $560 | $40,790 | $0 | $0 |
2014 | $510 | $40,790 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2025 07/24/25 | For Sale | $130,000 | -43.5% | $78 / Sq Ft |
06/06/2025 06/06/25 | For Sale | $230,000 | -- | $138 / Sq Ft |
Similar Home in Lanesboro, IA
Source: NoCoast MLS
MLS Number: NOC6328414

APN: 04-09-404-005