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2321 400th St

Elk Horn, IA 51531

3 bd 2 ba 1,852 sqft Built 1974 Lot 532,739 sqft farm
Most recent sale
$385,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2021 Sold $385,000 MLS #6098939
Sep 12, 2021 Listed $435,000 MLS #6098939

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,171 $23,016 $349,187 $3,510
2024 $326,171 $23,016 $349,187 $3,460
2023 $283,286 $18,110 $301,396 $3,014
2021 $194,371 $14,034 $208,405 $2,484
2020 $172,279 $14,034 $186,313 $2,368

Property facts

Year built
1974
Property type
farm
Stories
Beds
3
Baths
2
Living area
1,852 sqft
Lot size
532,739 sqft
ZIP code
51531
City
Elk Horn
Street
400th St
Coordinates
41.54667, -95.13005

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,778
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 2321 400th St last sell?
2321 400th St most recently sold on Dec 8, 2021 for $385,000.
What is the current tax assessment for 2321 400th St?
The most recent total assessment for 2321 400th St (year 2025) is $349,187 with $3,510 in property tax.
How does 2321 400th St's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $385,000.
When was 2321 400th St built?
2321 400th St was built in 1974.
How does 2321 400th St compare to others on 400th St?
We track 1 other property on 400th St. Browse the list under "Other properties on 400th St" to compare beds, baths, and sale history.
What are the property facts for 2321 400th St?
2321 400th St is a 3 bed, 2 bath, 1,852 sqft, 532,739 sqft lot farm.
Is 2321 400th St a flip candidate?
No — 2321 400th St does not appear in our flips dataset.
Is 2321 400th St a tax-appeal candidate?
No — 2321 400th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.4%
Implied 1-yr
+29.7%
2026 Q1
$190.6K
2026 Q2
$200.2K
ZIP 51531 — Median Price History + Forecast

Explore nearby

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