50565, IA Marathon, 118 Agora Street

50565 IA properties for sale in Marathon with MLS # 240527

$135,000

  • 3
  • 2
  • 2625
  • Active

General Description

Here is your chance to own your own Bank! This unique home has been converted into a 3 bedroom/1.5 bath house with everything on 1 floor & a landscaped private backyard! You can live on 1 side and have a business on the other side. The original Teller bank of windows is still there along with the VAULT & original tin ceiling above the pool table area. The VAULT is still in tact (hello safe room!) and can be used as a closet and/or pantry option. Improvements to the home were done during the remodel in 2018 & included the Hickory kitchen, on demand water heater, 200 amp electrical panel, 3/4 bathroom with walk-in shower, garage & appliances. The well maintained boiler is accompanied by central AC and the roof was installed in 2013 with a 50 yr warranty. The original bank on the South was built in 1917 (1125 sqft) & the newer portion to the North was built in 1980 (1500 sqft).

Legal: Brief Tax Description: 20-05 MARATHON CORP. & LOT 21
Status: Active

Property Information

240527

$135,000

Sale

Single Family Residence

Other

RESIDENTIAL

118 N Agora Street

Marathon

IA

50565

3

2

1

1

1

2625

6500

Detached

1

262

2022

Laurens Marathon

1917

Features

No

Corner Lot, Paved Street(s), Tree Cover-Light

Driveway-Gravel, Fenced Yard-Full, Patio, RV Parking

Eat-in Kitchen, Main Floor Bedrooms, Main Floor Laundry, Natural Woodwork, Pantry, Washer/Dryer Hkups

Dishwasher, Range/Stove, Refrigerator, Washer

Sump Pump, Water Heater-Elec

Utilities

Boiler

Public/City

Public Sewer

Central

No

Breakers

Miscellaneous

Full

Sump Pump, Unfinished

Poured Concrete

Concrete Block

Cement Block

LISTED BY

EXIT Realty Midwest- Spencer/Emmetsburg, Dana Reinders (712.580.3948)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Ask About this Property #240527

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The O'Farrell Sisters restaurant was born in 1949 at the bridge on Hwy 71, between East and West Lake Okoboji. Edna Mae and Arlene O'Farrell bought the business from Ike Kissinger who was running for Sheriff of Dickinson County.

In the early years the girls were open seven days a week and had a booming business in no time. The fried chicken dinners on Sunday evenings were especially popular. There were times when the line waiting to get in was so long they'd have to lock the door and would often run out of chicken!

In 1959 Arlene married and moved to Tallahassee, Florida with her husband Furman Henderson. Edna Mae and Ferne continued in the restaurant, moving to its present location that same year. This spot had a garden and chicken coup, which was moved to the house across the street.

Ferne died in 1974 and Edna Mae in 1978. Arlene sold the business to nieces Joyce Gapinski, Jo Ann Anderson, Charlotte Sarvie and Cheri Petersen (these are married names). The nieces successfully ran the restaurant from 1979 through 2003. After losing Jo Ann in 1997 and Cheri in 2002, Joyce and Charlotte decided to sell after the 2003 season.

The rest is to be continued...

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