Lot/land

Price cut: $5.5K (4/30)

$39,500

105 Fairlawn Ct, Marengo, IA 52301

--beds

--baths

0.62Acres

Unimproved Land, Land

Built in ----

0.62 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Here's a great package deal on two lots in the Fairlawn Acres subdivision of Marengo! Combined together, these lots are well over half an acre in total size and spacious enough for your dream home or perhaps the duplex investment opportunity you've been thinking about. With no covenants or restrictions from an HOA, you can choose the build that suits you best. Stop by and check out these great lots today! This sale includes both lots A and B of the Fairlawn Acres subdivision, locally known as 105 and 109 Fairlawn Ct., Marengo, IA, respectively.

457 days

23

0

Facts & features

Interior

Features

Has fireplace: No

Property

Lot

Size: 0.62 Acres

Details

Additional structures: None
Parcel number: 153102210 and 153102200
Zoning: Residential
Special conditions: Standard

Utilities & green energy

Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities

Community & HOA

Community

Features: Neighborhood, Curbs
Subdivision: Fairlawn Acres

Location

Region: Marengo

Financial & listing details

Tax assessed value: $23,670
Annual tax amount: $832
Date on market: 4/17/2025
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,079/mo

Price history

Date	Event	Price
4/30/2026	Price change	$39,500-12.2%
Source: Iowa City Area AOR #202502613 Report a problem
4/17/2025	Listed for sale	$45,000+100%
Source: Iowa City Area AOR #202502613 Report a problem
8/29/2021	Listing removed	--
Source: Owner Report a problem
5/31/2021	Listed for sale	$22,500
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$432 +2.9%	$23,670
2023	$420 +18.6%	$23,670 +20.7%
2022	$354 +3.5%	$19,610
2021	$342 +1.2%	$19,610 +11.5%
2020	$338 -4.5%	$17,580
2019	$354 +9.9%	$17,580 +8.3%
2018	$322 -100%	$16,230
2017	$2,800,000 +9900%	$16,230
2016	$28,000 +9900%	$16,230
2015	$280	$16,230
2014	$280	$16,230
2013	$280	$16,230

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

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Climate risks

Neighborhood: 52301

Getting around

9 / 100

Car-Dependent

Nearby schools

GreatSchools rating

8/10
Iowa Valley Elementary School
Grades: PK-6Distance: 1 mi
6/10
Iowa Valley Jr-Sr High School
Grades: 7-12Distance: 0.8 mi

Schools provided by the listing agent

Elementary: IowaValley
Middle: IowaValley
High: IowaValley

Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.