Situated on approximately 6 acres just outside of Le Mars, this property offers a 5-bedroom, 1-bath farmhouse with significant potential for renovation. The home is a fixer-upper and provides an opportunity for buyers looking to restore or customize a rural residence. The acreage includes three outbuildings and a fenced space suitable for animals. The land offers open space, established farm structures, and a functional layout for a variety of rural uses. Located just minutes from Le Mars, this property combines acreage, existing improvements, and a country setting. Property is being sold as is
For sale
$300,000
38581 120th St, Le Mars, IA 51031
5beds
1baths
1,312sqft
Single Family Residence, Residential
Built in 1910
6.01 Acres Lot
$278,700 Zestimate®
$229/sqft
$-- HOA
What's special
Three outbuildingsEstablished farm structuresOpen space
- 141 days |
- 518 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Dattolico 712-898-8091,
Gateway Real Estate Advisors
Source: Northwest Iowa Regional BOR,MLS#: 831829
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Full Bath, Kitchen, Living, Bedroom
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Water Softener: None
Features
- Basement: None
Interior area
- Total structure area: 1,312
- Total interior livable area: 1,312 sqft
- Finished area above ground: 1,312
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Gravel
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 6.01 Acres
Details
- Additional structures: Storage Shed, Workshop
- Parcel number: 0608400003
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural Water
Community & HOA
Location
- Region: Le Mars
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $80,760
- Annual tax amount: $793
- Price range: $300K - $300K
- Date on market: 2/17/2026
Estimated market value
$278,700
$265,000 - $293,000
$1,616/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Listed for sale | $300,000+300%$229/sqft |
Source:  Northwest Iowa Regional BOR #831829 Report a problem | ||
| 2/10/1998 | Sold | $75,000$57/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $690 -18.4% | $80,760 +1.5% |
| 2024 | $846 -3.2% | $79,580 -25% |
| 2023 | $874 +0.9% | $106,040 +17% |
| 2022 | $866 +0.5% | $90,630 |
| 2021 | $862 +1.4% | $90,630 +5.5% |
| 2020 | $850 +11% | $85,880 -0.1% |
| 2019 | $766 -2% | $85,990 +15.1% |
| 2018 | $782 | $74,740 -5.2% |
| 2017 | $782 -6.7% | $78,800 |
| 2016 | $838 +6.3% | $78,800 +6% |
| 2015 | $788 | $74,330 |
| 2014 | $788 +6.2% | -- |
| 2013 | $742 -4.6% | -- |
| 2012 | $778 | -- |
| 2011 | $778 +3.5% | -- |
| 2010 | $752 +24.1% | -- |
| 2009 | $606 +4.5% | -- |
| 2008 | $580 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Climate risks
Neighborhood: 51031
Nearby schools
GreatSchools rating
- 7/10Clark Elementary SchoolGrades: PK-5Distance: 8 mi
- 8/10Le Mars Middle SchoolGrades: 6-8Distance: 8.8 mi
- 8/10Le Mars High SchoolGrades: 9-12Distance: 8.8 mi
Schools provided by the listing agent
- Elementary: LeMars
- Middle: LeMars
- High: LeMars
Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Plymouth County
- Le Mars
- 51031
- 38581 120th St
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