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501 Nishna Rd

Shenandoah, IA 51601

5 bd 2 ba 2,566 sqft Built 1920 Lot 17,860 sqft single_family
Most recent sale
$191,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Listed $230,000 MyStateMLS
Oct 26, 2022 Sold $191,000 Public Record
Aug 3, 2012 Sold $65,000 WestCentralIA
Jul 24, 2012 Listing removed $78,500 FremontPage
Jun 26, 2012 Listed $78,500 FremontPage

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,770 $21,190 $227,960 $3,654
2024 $206,770 $21,190 $227,960 $3,350
2023 $177,770 $21,190 $198,960 $3,450
2022 $154,260 $21,190 $175,450 $2,350
2021 $107,710 $18,840 $126,550 $2,140
2020 $88,040 $18,840 $106,880 $1,774
2019 $69,530 $18,840 $88,370 $1,770
2018 $60,720 $18,840 $79,560 $1,510
2017 $52,410 $18,840 $71,250 $1,532
2016 $52,410 $18,840 $71,250 $1,494
2015 $52,410 $18,840 $71,250 $1,560
2014 $52,410 $18,840 $71,250 $1,490
2013 $52,410 $18,840 $71,250 $1,364
2012 $52,410 $18,840 $71,250 $1,340
2011 $71,250 $1,470
2008 $62,810 $18,840 $81,650 $1,276
2006 $62,810 $18,840 $81,650 $982

Property facts

Year built
1920
Property type
single_family
Stories
Beds
5
Baths
2
Living area
2,566 sqft
Lot size
17,860 sqft
ZIP code
51601
City
Shenandoah
Street
Nishna Rd
Coordinates
40.75751, -95.35989

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,146
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Nishna Rd last sell?
501 Nishna Rd most recently sold on Oct 26, 2022 for $191,000.
What is the current tax assessment for 501 Nishna Rd?
The most recent total assessment for 501 Nishna Rd (year 2025) is $227,960 with $3,654 in property tax.
How does 501 Nishna Rd's assessment compare to its last sale price?
The current assessment is 19.4% above the last sale price of $191,000.
When was 501 Nishna Rd built?
501 Nishna Rd was built in 1920.
How does 501 Nishna Rd compare to others on Nishna Rd?
We track 8 other properties on Nishna Rd. Browse the list under "Other properties on Nishna Rd" to compare beds, baths, and sale history.
What are the property facts for 501 Nishna Rd?
501 Nishna Rd is a 5 bed, 2 bath, 2,566 sqft, 17,860 sqft lot single_family.
Is 501 Nishna Rd a flip candidate?
No — 501 Nishna Rd does not appear in our flips dataset.
Is 501 Nishna Rd a tax-appeal candidate?
Yes — 501 Nishna Rd 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 valuation
Quarterly trend
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$284.3K
2026 Q4
$284.3K
ZIP 51601 — Median Price History + Forecast

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