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503 1st Avenue Luther, IA 50152 Land - Residential

  • 503 1st Avenue, Luther, IA 50152 Main Photo

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Description

Pride reduced! Bring your vision for this fantastic, level .36 acre Central Iowa building lot with well-built, multi-use 1500 sq.ft. ranch style building. Plenty of room for a house or addition onto existing structure. Water, electric, and new septic system already set up.  Rough-in inspections completed for building/plumbing/electric. Building constructed in 1997, newer metal roof & new interior frame walls. Spray foam insulation inside roof for energy efficiency. One block from the city park and an outstanding BBQ restaurant. Driveway installed and property address already established. Easy commute to DSM/WDM metro area, Ames, Boone, and Ankeny. Listing agent/owner is a licensed realtor in the State of Iowa.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.36 Acres

General Information

County: Boone
Listed By:
Stoney Oak Properties LLC 641-223-8163
No Coast MLS
$109,900
Est. $780/mo
Active Price Reduced $5,000 on June 23rd, 2026
LOT SIZE 0.360 acres MLS#6336869
STATUS PROPERTY TYPELand - Residential

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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503 1st Avenue, Luther, IA 50152.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $109,900$109,900$109,900
Down Payment $21,980$3,847$27,475
Monthly Mortgage Amount $527$656$679
Taxes $153$153$153
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$48$0
Monthly Estimated Total $780$957$932

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