397 County Road 321 Ignacio, CO 81137
Estimated payment $1,496/month
Highlights
- Accessory Dwelling Unit (ADU)
- Mountain View
- Home Security System
- Horses Allowed On Property
- Living Room with Fireplace
- Pasture
About This Home
Investor special in Ignacio! This two-acre property includes two separate dwellings — the original 1918 farmhouse and the historic Tiffany Mercantile Store building. The main house offers four bedrooms, two bathrooms, hardwood floors, and vintage character throughout. With vision and updates, it could be restored into a classic country home or income producing property. The Tiffany Mercantile Store building has hardwood floors and two large bay windows. It was previously used as a guest house and could serve as a studio, office, or potential rental. The property also includes several outbuildings — a storage shed, an old outhouse, and a chicken coop — adding to its versatility. A fenced backyard provides space for pets, gardening, or outdoor living. Located in a peaceful rural setting surrounded by open land and mountain views, this property offers room to create something truly unique. If you’re looking for a fixer with history, flexibility, and space to create something unique in La Plata County, this is an opportunity worth exploring.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $656
Year Built
- Built in 1918
Lot Details
- 2 Acre Lot
- Property is Fully Fenced
- Barbed Wire
- Corners Of The Lot Have Been Marked
- Cleared Lot
Home Design
- Stick Built Home
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Mountain Views
- Home Security System
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Ignacio K-6 Elementary School
- Ignacio 7-8 Middle School
- Ignacio 9-12 High School
Farming
- Pasture
- Cattle
- Hogs
- Sheep or Goats
Utilities
- Forced Air Heating System
- Heating System Uses Wood
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Well
- Propane Water Heater
- Septic Tank
- Septic System
- Internet Available
Additional Features
- Shed
- Accessory Dwelling Unit (ADU)
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 616307100006
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 |
|---|---|---|---|---|
| 2025 | $656 | $20,820 | $2,530 | $18,290 |
| 2024 | $621 | $16,570 | $1,340 | $15,230 |
| 2023 | $621 | $19,440 | $1,570 | $17,870 |
| 2022 | $714 | $21,010 | $1,700 | $19,310 |
| 2021 | $669 | $16,890 | $1,720 | $15,170 |
| 2020 | $661 | $16,690 | $1,610 | $15,080 |
| 2019 | $536 | $16,690 | $1,610 | $15,080 |
| 2018 | $519 | $16,290 | $2,120 | $14,170 |
| 2017 | $530 | $16,290 | $2,120 | $14,170 |
| 2016 | $390 | $13,130 | $1,130 | $12,000 |
| 2015 | $158 | $13,130 | $1,130 | $12,000 |
| 2014 | $158 | $12,310 | $1,110 | $11,200 |
| 2013 | -- | $12,310 | $1,110 | $11,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $275,000 | -- | $153 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | None Available | |
| Warranty Deed | -- | Land Title Guarantee Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $175,000 | Colorado Land Title Co | |
| Warranty Deed | $70,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,500 | New Conventional | |
| Previous Owner | $157,500 | New Conventional |
Source: Colorado Real Estate Network (CREN)
MLS Number: 829433
APN: R011538
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