Discover unparalleled potential in this charming Fannie Mae property nestled in the heart of Baton Rouge, just moments from LSU and downtown off Nicholson Drive. This expansive residence boasts over 3,500 square feet of versatile living space, designed to accommodate and inspire. The main house features four generously sized bedrooms and two modern bathrooms, perfect for group living or hosting guests. A standout feature of this property is the additional guest house—complete with its own two baths—ideal for extended stays or as an income-generating rental unit. Imagine serene evenings spent exploring the massive backyard, offering a private oasis for relaxation or entertaining. This home's location offers unprecedented convenience; whether you're seeking the vibrant energy of campus life at Louisiana State University or the dynamic offerings of downtown Baton Rouge's dining and cultural experiences, everything is within reach. Positioned off Nicholson Dr. This home also offers a separate living area in the backyard. It includes a full kitchen, huge living area with two full bathrooms.
The Bottom, located between Downtown Baton Rouge and the LSU campus, is a historic and residential Baton Rouge neighborhood with a river-adjacent setting and a street-grid feel. The neighborhood’s character concentrates around the Third Street corridor near North Boulevard, where patios, galleries, and late-night bites set a steady hum. Shotgun cottages and small Creole-style homes sit alongside newer infill, keeping the streetscape varied and walkable. The Shaw Center for the Arts and Manship Theatre anchor an arts-forward calendar. Nearby, the Riverfront Plaza and the Mississippi River levee path frame daily routines with open sky and water views. Coffee stops like Magpie Café and market runs at the Red Stick Farmers Market add a local rhythm.
Provided by Walk Score and Local Logic
Market insights
2040 Iowa St · $245,000
DAYS ON MARKET
0 days
The average home goes pending in 48 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
LIST PRICE
$245,000
Median sale price in this area is $279,422. (14% higher than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Parking
Parking Information
Has Garage: Yes
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1
Interior Features
Double Vanity, Walk-In Closet(s), Built-in Features, Bookcases, En Suite
Laundry Features: Washer Hookup
Disposal, Dishwasher, Electric Cooktop, Refrigerator, Oven
Carpet, Ceramic Tile
Exterior
Exterior Features
Foundation Details: Slab
Fencing: Wood
Roof: Asphalt
Property Information
Residential
Property Sub Type: Single Family Residence
Traditional
Levels: One
Lot Information
Lot Size Dimensions: 113 x 287 x 301 x 111
Financial
Tax Information
TaxLegalDescription: Ward 1-3, l Lot 1-A, Anderson Anna Bell Hart Tract Subdivision. Lot 1-A being taken from Original Tract A of property of Mrs. Anna Belle Hart Ande Rsonin Sec 75 T7 S R1W.
Parcel Number: 549347
Tax Lot: 1-A
Utilities
Utilities Information
Has Heating: Yes
Water Source: Public
Utilities: Cable Available
Sewer: Public Sewer
Cooling: Central Air, Ceiling Fan(s)
Has Cooling: Yes
Heating: Central
Electricity and solar
View estimated energy costs and solar savings for this home
Home facts updated by county records on Oct 15, 2026
Sale and tax history for 2040 Iowa St
Sale History
Tax History
Date
Event
Price
GBRMLS #2026015446
Sep 28, 2026
Pending
—
Sep 25, 2026
Delisted
—
Sep 16, 2026
Relisted
—
Sep 8, 2026
Pending
—
Aug 20, 2026
Listed
$245,000
$69/sq ft
+28
Discover unparalleled potential in this charming Fannie Mae property nestled in the heart of Baton Rouge, just moments from LSU and downtown off Nicholson Drive. This expansive residence boasts over 3,500 square feet of versatile living space, designed to accommodate and inspire. The main house features four generously sized bedrooms and two modern bathrooms, perfect for group living or hosting guests. A standout feature of this property is the additional guest house—complete with its own two baths—ideal for extended stays or as an income-generating rental unit. Imagine serene evenings spent exploring the massive backyard, offering a private oasis for relaxation or entertaining. This home's location offers unprecedented convenience; whether you're seeking the vibrant energy of campus life at Louisiana State University or the dynamic offerings of downtown Baton Rouge's dining and cultural experiences, everything is within reach. Positioned off Nicholson Dr. This home also offers a separate living area in the backyard. It includes a full kitchen, huge living area with two full bathrooms.
AcadianaMLS #BR2026015446
Sep 28, 2026
Pending
—
Sep 16, 2026
Relisted
—
Aug 20, 2026
Listed
$245,000
$69/sq ft
+28
Discover unparalleled potential in this charming Fannie Mae property nestled in the heart of Baton Rouge, just moments from LSU and downtown off Nicholson Drive. This expansive residence boasts over 3,500 square feet of versatile living space, designed to accommodate and inspire. The main house features four generously sized bedrooms and two modern bathrooms, perfect for group living or hosting guests. A standout feature of this property is the additional guest house--complete with its own two baths--ideal for extended stays or as an income-generating rental unit. Imagine serene evenings spent exploring the massive backyard, offering a private oasis for relaxation or entertaining. This home's location offers unprecedented convenience; whether you're seeking the vibrant energy of campus life at Louisiana State University or the dynamic offerings of downtown Baton Rouge's dining and cultural experiences, everything is within reach. Positioned off Nicholson Dr. This home also offers a separate living area in the backyard. It includes a full kitchen, huge living area with two full bathrooms.
Public Records
Aug 23, 1993
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$2,355 (+4.5%)
$1,232 + $17,438
$18,670
2024
$2,253 (+10.2%)
$1,232 + $17,438
$18,670
2023
$2,045 (−0.2%)
$1,100 + $15,570
$16,670
2022
$2,049 (+2.3%)
$1,100 + $15,570
$16,670
2021
$2,004 (−25.4%)
$1,100 + $15,570
$16,670
2020
$2,685 (+42.2%)
$1,100 + $15,570
$16,670
2019
$1,888 (+1.2%)
$1,000 + $14,150
$15,150
2018
$1,865
$1,000 + $14,150
$15,150
2017
$1,865 (+2.5%)
$1,000 + $14,150
$15,150
2016
$1,820 (+205.9%)
$1,000 + $14,150
$15,150
2014
$595
$800 + $10,850
$11,650
2013
$595
$800 + $10,850
$11,650
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.75 Acres
Year renovated
—
Finished Sq. Ft.
3,546
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,546
Year built
—
Style
Single Family Residential
County
East Baton Rouge Parish
APN
005-4934-7
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
A1
DESIGN OVERLAY NICHOLSON DRIVE - CENTRAL
OLD TOWN REDEVELOPMENT
Single Family Residential Disrtict
The purpose of A1 is to permit low density single family residential development with a maximum of 4.1 units per acre. Accessory uses normally compatible with surrounding low density residential development may be permitted.
Zone overlays
Old Town Redevelopment Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Public service
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Baton Rouge, LA • 70802
Average low and high temperatures (°F)
60
43
71
52
77
58
81
65
84
69
91
76
93
77
92
76
90
73
84
65
75
58
66
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Baton Rouge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2040 Iowa St
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $120,000 and $325,000.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $120K to $325K.