503 5th Ave, Luther, Iowa: 3-Bedroom Home on 1.13 Acres for $250,000

If you’ve been searching for a home with a little more land without the typical acreage price tag, 503 5th Ave in Luther, Iowa deserves a look.

Listed at $250,000, this 3-bedroom home sits on 1.13 acres and offers something that can be difficult to find at this price point: a large fenced backyard, detached 3-car garage, chicken coop, room for outdoor activities and an unfinished basement with potential for additional living space.

Located in the small town of Luther, the property offers a quieter setting while keeping Boone and Ames within easy reach.

Living Room

Step inside to a bright living room featuring large windows that bring plenty of natural light into the space.

With all of the home's bedrooms and primary living areas located on the main level, the floor plan is straightforward and functional while offering opportunities for a future owner to add their own style and updates over time.

Eat-In Kitchen

The spacious kitchen offers ample cabinet storage along with plenty of room for an eat-in dining area.

Whether you're grabbing a quick breakfast before heading out the door or sitting down for dinner at the end of the day, the kitchen provides a practical everyday gathering space.

Three Main-Level Bedrooms

All three bedrooms are conveniently located on the main level.

One of the larger bedrooms features a custom wood-trim accent wall that adds warmth and character to the room. A full bathroom is also located on the main level near the bedrooms.

Altogether, the home offers 1,110 square feet on the main level.

An Unfinished Basement With Potential

Need more room in the future? The unfinished basement gives the next owner an opportunity to add additional finished living space.

There's room to envision a second family room, home office, rec room, workout area or a combination of uses depending on your needs.

Laundry is currently located downstairs, along with an existing 3/4 bathroom.

For buyers willing to take on a project, the lower level offers an opportunity to make the home their own while potentially increasing the amount of usable living space.

1.13 Acres With a Large Fenced Backyard

While the home has plenty of potential inside, the outdoor space is where this Luther property really shines.

The home sits on 1.13 acres, providing significantly more outdoor space than you'd typically find with a traditional in-town lot.

The large fenced backyard gives you room for pets, outdoor entertaining, gardening, games and evenings spent outside. There's already a chicken coop and playset, plus a variety of newly planted hardwood trees that can continue to add to the landscape as they mature.

And when the day is winding down, this property is a great place to take in the Iowa sunsets.

Detached 3-Car Garage

If garage space is high on your wish list, you'll appreciate the detached 3-car garage.

There's room for vehicles along with additional space for tools, storage, hobbies and weekend projects. For a buyer who enjoys working on cars, woodworking or simply wants more storage than a typical 2-car garage provides, this is one of the property's standout features.

Small-Town Living in Luther, Iowa

Living in Luther gives you the opportunity to enjoy a quieter, small-town setting while remaining within driving distance of larger communities.

Outdoor recreation is also nearby, including Ledges State Park and the High Trestle Trail. And when you don't feel like cooking, Luther is home to local favorite Whatcha Smokin BBQ.

With Boone and Ames both within an easy drive, you can enjoy more room at home while still having access to shopping, dining, employment and everyday amenities in the surrounding communities.

Looking for a Home With Land Near Ames or Boone?

At $250,000, 503 5th Ave offers an appealing combination for buyers searching for more outdoor space at an approachable price point.

With 3 bedrooms, 2 bathrooms, 1.13 acres, a large fenced backyard, detached 3-car garage, chicken coop and an unfinished basement with additional potential, there's plenty here to work with.

If you've been searching for homes for sale in Luther, Iowa, a property with land near Ames or Boone, or simply a home where you can spread out and make the space your own, this one is worth seeing in person.

503 5th Ave, Luther, IA
$250,000 | 3 Bedrooms | 2 Bathrooms | 1.13 Acres | 3-Car Detached Garage

Contact The Hokel Real Estate Team with Century 21 Signature Real Estate to learn more or schedule a private showing.

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