501 Farnam St
Harlan, IA 51537
3 bd 2 ba 1,605 sqft Built 1940 Lot 8,712 sqft single_family
Most recent sale
$48,000
Dec 21, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 27, 2026 | Price changed | $179,900 | NoCoastMLS |
| Jan 8, 2026 | Price changed | $183,500 | NoCoastMLS |
| Nov 22, 2025 | Listed | $193,500 | NoCoastMLS |
| Dec 21, 2021 | Sold | $48,000 | MLS #6130763 |
| Dec 2, 2021 | Listed | $45,000 | MLS #6130763 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $112,313 | $12,600 | $124,913 | $2,044 |
| 2024 | $112,313 | $12,600 | $124,913 | $1,984 |
| 2023 | $96,695 | $12,600 | $109,295 | $1,856 |
| 2021 | $76,566 | $12,600 | $89,166 | $1,726 |
| 2020 | $69,567 | $12,600 | $82,167 | $1,686 |
| 2019 | $69,567 | $12,600 | $82,167 | $1,588 |
| 2018 | $62,942 | $12,600 | $75,542 | $1,550 |
| 2017 | $62,942 | $12,600 | $75,542 | $1,966 |
| 2016 | $82,945 | $10,800 | $93,745 | $1,958 |
| 2015 | $82,945 | $10,800 | $93,745 | $1,896 |
| 2014 | $80,118 | $10,800 | $90,918 | $1,824 |
| 2013 | $80,118 | $10,800 | $90,918 | $1,780 |
| 2012 | $80,118 | $10,800 | $90,918 | $1,754 |
| 2011 | $80,118 | $10,800 | $90,918 | $1,864 |
| 2008 | $84,536 | $10,800 | $95,336 | $1,430 |
| 2005 | — | — | $70,999 | $1,166 |
Property facts
Year built
1940
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,605 sqft
Lot size
8,712 sqft
ZIP code
51537
City
Harlan
Street
Farnam St
Coordinates
41.65380, -95.31671
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$288
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Farnam St last sell?
501 Farnam St most recently sold on Dec 21, 2021 for $48,000.
What is the current tax assessment for 501 Farnam St?
The most recent total assessment for 501 Farnam St (year 2025) is $124,913 with $2,044 in property tax.
How does 501 Farnam St's assessment compare to its last sale price?
The current assessment is 160.2% above the last sale price of $48,000.
When was 501 Farnam St built?
501 Farnam St was built in 1940.
How does 501 Farnam St compare to others on Farnam St?
We track 8 other properties on Farnam St. Browse the list under "Other properties on Farnam St" to compare beds, baths, and sale history.
What are the property facts for 501 Farnam St?
501 Farnam St is a 3 bed, 2 bath, 1,605 sqft, 8,712 sqft lot single_family.
Is 501 Farnam St a flip candidate?
No — 501 Farnam St does not appear in our flips dataset.
Is 501 Farnam St a tax-appeal candidate?
Yes — 501 Farnam St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.7%
Implied 1-yr
+22.7%
2026 Q2
$229.8K
2026 Q3
$239.3K
ZIP 51537 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farnam St