305 1st. Avenue Luther, IA ^$ 325,000

305 1st. Avenue

^$ 325,000

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305 1st. Avenue

Luther, IA, 50152

^$ 325,000

Bedrooms5 Baths3.0 Sq 1,656

Monthly Estimate*

^$ 2,001

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Single Family Home for sale in Luther, IA

for $325,000 with 5 bedrooms and 3 full baths. This 1,656 square foot home was built in 1978 on a lot size of 0.77.

Unique opportunity here for multi-gnerational living or income potential! This home has 4 bedrooms, 2 baths and over 2000sf of finished living space PLUS an attached 1 bedroom, 1 bath apartment with separate entrance on the main level. As if this well maintained multi level home isn't enough, it stis on over a 3/4 of an acre and has a 30' x 38', fully insulated and heated 3 car garage, located in the small town of Luther just down the street from Whatcha Smokin. It's the best of ALL worlds with this one!

Single Family Active

Price

^$ 325,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 4,300

Style

Split Level

Lot Size

0.77

Year Built

1978

Town/City

Luther

County/Region

Boone

MLS | Web ID

68643

Features

General

Sewer Septic Tank Public Sewer

Heating Hot Water

Cooling Central Air

Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer

Zoning Res

Garage Spaces 3.0

Patio/Porch Features Patio

Architectural Style Split Level

Construction Materials Wood Siding

Year Built 1978

Levels Multi-Level

Property Subtype Single Family Residence

Parcel Number 088326254485080

County Boone

New Construction N

Property Type Residential

HOA N

Garage Y/N Y

Other Structures Shed(s)

Total Rooms 15

Full Baths 1

Status Active

City Luther

High School District United

MLS Area 0015 - Madrid

Lot Size Units Square Feet

Lot Size Square Feet 33581.0

Carport Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor 0015 - Madrid

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 387350

Legal Description GOODRICH ADD E 111' OF S 134.75' LOT 1 BLK 10 & N 1/2 (8.25') OF VAC ADJ E-W ALLEY AND N 63.25' (EX W 161') 0F LOT 1

Senior Community None

Water Body Access Y/N None

Accessibility Features Y/N None

Interior

Basement Daylight Full

Flooring Vinyl Laminate Carpet

Fireplace Features Wood Burning Gas Two

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Above Grade Finished Area 1656.0

3/4 Baths 2

Total Bedrooms 5

Below Grade Finished Area 1008.0

Total Baths 3

Heating-Hot Water True

Exterior

Lot Size Area 33581.0

Foundation Details Block

Spa N

Building Area Total 1656.0

Lot Size Acres 0.77

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 305

* Excluded Features

List By

Jen Burkamper

Listing Agent

Re/Max Real Estate Center

Broker

jenb@remax.net

Affordability Calculator

$2,359

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $358
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Luther, IA

Average List Price ^$325,000

Percent of Sale Price 0%

About Luther, IA

145 Population

2% Since 2002

^$62,885 Median Income

51.66 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4101860 Elementary School

4101861 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
2/11/2026	$325,000	-2.99%	Price Down
11/5/2025	$335,000	-4.29%	Price Down
10/8/2025	$350,000		Listed Price

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305 1st. Avenue, Luther, IA, 50152 is a Single Family Home for sale at $325,000 with 1,656 sqft and a lot size of 0.77. 305 1st. Avenue has 5 bedrooms, 3.0 baths, and was built in 1978. The property's zip code is 50152 which is in Luther, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Central Iowa Board of Realtors®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Central Iowa Board of Realtors®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/18/2026.

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305 1st. Avenue

Single Family Home for sale in Luther, IA

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