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38581 120th St, Le Mars, IA, 51031

5beds
1baths
1,312sqft
$300,000
$229price/sqft
$2,037/moest. monthly cost
$81,480/yrincome needed

About This Home

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

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Clark Elementary SchoolGrades PK-58.0 mi
7/10
Le Mars Middle SchoolGrades 6-88.8 mi
8/10
Le Mars High SchoolGrades 9-128.8 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1910

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Water Softener: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,312

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,312
  • Total interior livable area: 1,312 sqft

Property

Details

  • Parcel number: 0608400003

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 6.01 Acres

Parking

  • Total spaces: 1
  • Parking features: Detached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Drought
Hail
Tornado
Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$191$2,292
Property Taxes $209$2,508
Electricity $121$1,452
Total$2,037$24,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,840/yr
40% on housing$61,110/yr
45% on housing$54,320/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 51031$144
Plymouth County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 51031
Plymouth County$126

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-17Listed for sale$300,000
1998-02-10Sold$75,000

For Sale by Agent

AgentStephanie Dattolico
BrokerageGateway Real Estate Advisors

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