$230,000

302 N 5th St Lanesboro, IA 51451

Estimated payment $1,321/month

Total Views 2,639
3 Beds
1 Bath
1,662 Sq Ft
$138 Price per Sq Ft

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

Listing Agent

Kent Brant

Trophy Properties & Auction License #*** Listed on: 06/06/2025

Trophy Properties & Auction

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Property Type: Residential
  • Co List Office Mls Id: NOC1000152
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Partial, Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Detached Garage, Insulated Garage, Concrete, RV Access/Parking

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Cooling: Central Air, Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: WCIR

Lot Info

  • Lot Dimensions: Includes 9 total Lots
  • Lot Size Units: Acres
  • Land Lease: No
  • Lot Size Sq Ft: 62726

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 472

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: NoCoast MLS

Similar Home in Lanesboro, IA

  • 205 N 4th St, Lanesboro, IA 51451

    $179,900

    • 5 Beds
    • 2 Baths
    • 1,968 Sq Ft
    • 205 N 4th St
    • Lanesboro, IA

    Enjoy this spacious home in a quiet small town! With newer siding, roofing, windows, and more; this home is move in ready! Boasting a furnace AND wood burner, you will be able to save on utilities in the winter! With the 2 car garage and good sized shed on the other side of the house, there is no shortage of storage. This home sits on 4 residential lots so there is plenty of room to run around!

    Joseph Skinner Smart Moves Iowa Realty

    Section Image

Source: NoCoast MLS

MLS Number: NOC6328414

NoCoast MLS

APN: 04-09-404-005