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    12079 County Highway J45 Lamoni, IA 50140

    For Sale
    $220,000

    Farm / Farmhouse, Farm/Estate - Lamoni, IA

    Type:Farm
    Property size:
    1,650 SF
    Lot size:
    5.11 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 12079 County Highway J45

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    300
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    0920300006
    Parking features
    Garage
    Size
    1,650 SF
    Lot size
    5.11 Acres

    Building Details

    Year built
    2019
    Year renovated
    2019
    Floors in Building
    2
    Architectural style
    Other

    Preferred Properties Real Estate Services (641) 784-6642

    Listing agent Tabor Nowlin (641) 784-6642

    Listing date Jul 25, 2025

    MLS# 11353140 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lamoni Homestead with Horse Barn

    This 5.1-acre homestead, designed for a life with horses, features primarily flat and fenced land. Constructed in 2019 as an Amish homestead, the house includes a rural water supply line in the basement and one faucet in the kitchen. The interior is finished in sheet metal, allowing for easy access to stud walls for running electric and water lines. A partially finished attic space is ready for customization. The full basement, constructed of cement block, provides ample storage. The property also includes a barn with two double stalls, two single stalls, a hay loft, and a buggy/garage area. Located on paved county highway J45, this horse property offers a unique opportunity. A new septic system is planned, as the ground does not perk. Alliant Energy electric supply is located across the road. The house has 1650 square feet of living area.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Lamoni
    County
    Decatur
    State
    Iowa
    Longitude
    -93.985014
    Latitude
    40.667794

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    FAQs

    What type of property is this?
    Horse & equestrian property - 5.1 acre homestead with horse barn near Lamoni, Iowa.
    Where is this horse & equestrian property located?
    The property is located at 12079 County Highway J45 Lamoni, IA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - 5.1 acre horse property with flat, fenced land.; - Barn with two double stalls, two single stalls, hay loft, and buggy/garage area.; - House built in 2019.
    (641) 784-6642
    Request Owner's contact information
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    Lamoni, IA 50140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12079 County Highway J45 Lamoni, IA 50140
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