503 Elm St
New London, IA 52645
3 bd 1 ba 1,240 sqft Built 1900 Lot 30,056 sqft single_family
Most recent sale
$113,500
Dec 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 16, 2022 | Sold | $113,500 | NoCoastMLS |
| Oct 3, 2022 | Listed | $107,000 | SouthEastIowa |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $65,550 | $14,890 | $80,440 | $1,512 |
| 2024 | $65,550 | $14,890 | $80,440 | $1,436 |
| 2023 | $58,600 | $14,890 | $73,490 | $1,228 |
| 2022 | $51,110 | $14,890 | $66,000 | $1,186 |
| 2021 | $51,110 | $14,890 | $66,000 | $800 |
| 2020 | $44,300 | $14,890 | $59,190 | $766 |
| 2019 | $44,300 | $14,890 | $59,190 | $734 |
| 2018 | $46,190 | $10,640 | $56,830 | $712 |
| 2015 | $41,960 | $10,640 | $52,600 | $436 |
| 2014 | $32,550 | $9,400 | $41,950 | $424 |
| 2013 | $32,550 | $9,400 | $41,950 | $376 |
| 2012 | $32,550 | $9,400 | $41,950 | $384 |
| 2008 | $32,550 | $9,400 | $41,950 | $310 |
| 2005 | — | — | $38,580 | $454 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,240 sqft
Lot size
30,056 sqft
ZIP code
52645
City
New London
Street
Elm St
Coordinates
40.92039, -91.39954
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
$681
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Elm St last sell?
503 Elm St most recently sold on Dec 16, 2022 for $113,500.
What is the current tax assessment for 503 Elm St?
The most recent total assessment for 503 Elm St (year 2025) is $80,440 with $1,512 in property tax.
How does 503 Elm St's assessment compare to its last sale price?
The current assessment is 29.1% below the last sale price of $113,500.
When was 503 Elm St built?
503 Elm St was built in 1900.
How does 503 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 503 Elm St?
503 Elm St is a 3 bed, 1 bath, 1,240 sqft, 30,056 sqft lot single_family.
Is 503 Elm St a flip candidate?
No — 503 Elm St does not appear in our flips dataset.
Is 503 Elm St a tax-appeal candidate?
No — 503 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.3%
2025 Q2
$169.1K
2025 Q3
$170.1K
ZIP 52645 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St