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$75,000
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303 S State St
Iola, KS 66749
4 bed 2 bath 1,973 SqFt ($38/SqFt)
0.41 acre lot. Built 1915
Listed 2024-03-18
USDA Eligible
near Iola, KS
 

Latest Value Estimates: $74,895 from Quantarium on 2024-04-24. $50,000 from Collateral Analytics on 2024-04-17. $66,400 from CoreLogic on 2024-04-01. Forecast Estimate Value:$77,704 in 2025-04-01 by Quantarium. $68,086 in 2025-04-01 by CoreLogic.

Corner location

House facing South State Street. Three lots. NOTE - City has designated the home as uninhabitable and condemned for occupation. Anyone entering the home are entering at their own risk and should be extremely cautious due to the City's findin gs. The City has some detailed restrictions. It is recommend that potential buyers contact the City and seek their guidance based on buyer's specific planned use of the property. To maintain the home's current zoning as residential the house would need to be fully renovated and brought to City code. If a buyer totally razes the house, the residential zoning will revert to commercial zoning that is currently in effect. Again, due to the complexity of the property's zoning restrictions the City should be consulted for specific details. This property has unlimited potential for a commercial site. With the volume of traffic on State Street it is a prime location. It's close proximity to HWY 54, the public park and the new state park currently under development, the possbilities are unlimited!

Great opportunity for an entrepreneur!


Presented by Frances I Kinzle at
Access Realty.


Property MLS #48241 from SEKAR

Bedrooms: 4
Bedrooms On Level 2: 4

Full Bathrooms: 2

Basement Description: Partial

Patio And Porch Features: Porch
Road Surface Type: Paved

Lot Size Acres: 0.413
Lot Size Dimensions: 150x120
Lot Size Square Feet: 18000

School District: USD 257 - Iola

Iola Sr High School is a public high school located approximately 0.5 miles away.
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Iola Middle School is a public elementary and middle school located approximately 0.6 miles away.
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Iola Area Community Christian School is a private elementary and middle school located approximately 1.2 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Allen
Source Property Type: Residential
Area: Allen County
Source Neighborhood: Allen County
Parcel Number: R3948
Flood Plain: No
Property Subtype: Single Family
Source System Name: C2C

Listed 2024-03-18
$75,000
SEKAR
Sold 1994-12-01
$0
Public Record

Sewer: City Sewer

Construction Materials: Frame
Property Age: 109
Roof: Composition
Levels or Stories: Two
House Style: Traditional
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yard

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.