An acreage close to town, close to golf course and close to Graceland University is the ideal space in Lamoni to raise your family, earn hobby income from a few livestock or massive garden spot or just give your horses their place to roam. Just 3 miles from I-35 your treks can take you North or South depending on your destination. The trails for walking and biking are ideal for that exercise we all need! Not much more than a mile to Lamoni's beautiful golf course and the bountiful grounds at Graceland. Make your trek a little longer and end up at the Welcome Center on the east edge of Lamoni. This home has many updates and is decorated in a rustic style with the country feel. Updates include the septic system, HVAC, pex water lines, LVP flooring, drywall, on-demand LP water heater and more. The property is connected to Lamoni City Utilities for trash pickup, water and electric while utilizing a new septic system. While the main level has two bedrooms and one bath, the upper half story could also be transformed into one or two additional bedrooms. No laundry in the basement! Outside there are two small storage buildings with plenty of room to build a garage (your size) or other type of exterior shed structure. There’s an above ground pool which can stay with the property if the new buyer would like that luxury. It’s really the perfect space if you're wanting to move out of the city but stay close to Lamoni schools and other attractive features the city has to offer.
Vacant landProperty Type
1920Year Built
4 acresLot Size
$55,000Price/Acres
Listed by Wanda Hosfield• South Central Iowa Realty
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Open houses
No upcoming open houses.
Around this home
Schools
K - 12
Preschool & daycare
Lamoni Elementary School
Public PreK-5 • Assigned • 1.0mi
6/10
Lamoni Middle School
Public 6-8 • Assigned • 1.0mi
7/10
Lamoni High School
Public 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Bathrooms
1 full bathroom
Heating & cooling
Forced-air heating
Central air conditioning
Home design
Unimproved land
One-and-one-half levels
Parking
Gravel parking
Construction
Vinyl siding
Utilities
Public water
Septic tank
Sale and tax history for 120 NE 300th St
Sale History
Tax History
Date
Event
Price
IAR #6344404
Nov 9, 2026
Listed
$220,000
$159/sq ft
IAR #6304743
Feb 16, 2023
Sold
$70,000
$51/sq ft
Dec 23, 2022
Pending
—
Dec 15, 2022
Listed
$79,900
$58/sq ft
+5
This type of property is what people seem to be asking for all the time. A small acreage on the edge of town! 4 acres m/l. Older 1-1/2 story farmhouse with 3 bedrooms and 1 bath. Home is a fixer-upper or property could be a place to build multiple homes. It has a country living feel. It is just a couple of minutes from Graceland University and the city of Lamoni. Property is being sold "AS IS" with any inspections being for buyer knowledge only!
Year
Property tax
Land + Additions
Assessment*
2026
$1,560 (+10.0%)
$33,020 + $42,630
$75,650
2024
$1,418 (+139.5%)
$33,020 + $42,630
$75,650
2023
$592 (+1.7%)
$28,020 + $33,080
$61,100
2022
$582 (−7.0%)
$11,418 + $18,760
$30,178
2021
$626 (+1.3%)
$11,418 + $18,760
$30,178
2020
$618 (−7.2%)
$11,418 + $18,760
$30,178
2019
$666 (+2.1%)
$11,418 + $18,760
$30,178
2018
$652 (+18.1%)
$11,418 + $18,760
$30,178
2017
$552 (+17.4%)
$11,418 + $18,760
$30,178
2014
$470
$10,016 + $16,456
$26,472
Public record
Beds
2
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
4 Acres
Year renovated
1920
Finished Sq. Ft.
1,390
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,390
Year built
1920
Style
Other
County
Decatur County
APN
1311350003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lamoni, IA • 50140
Average low and high temperatures (°F)
32
14
42
21
60
36
65
45
73
52
81
64
86
69
82
64
80
59
69
50
51
35
39
22
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Feb
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Apr
May
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 120 NE 300th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $123,000 and $325,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $123K to $325K.