Some of us love that small town life. And it doesn't get much more small town than buying a home on Main St., Palo! Although the address is Main St., if you come look, stand outside for awhile. It's pretty quiet, pretty peaceful. This home is sold on double lot, almost 4/10 of an acre, and 240 feet deep. Home has a bit more space than many ranches of it's era, with 1150 square feet on the main, and a dry basement with some potential if someone was so inclined. Another nice touch, laundry is on the main floor, although there are still hookups downstairs if you want the space. Roof is five years old and furnace is eight years old. Formal dining room, if you are looking for that sort of space. The numbers would likely work to make this a successful investment property, but if you see yourself hanging out on the back deck and patio, grilling burgers, and getting to know your neighbors, this might be your spot!
Pending
$192,000
305 Main St, Palo, IA 52324
3beds
1,152sqft
Single Family Residence
Built in 1961
0.39 Acres Lot
$192,800 Zestimate®
$167/sqft
$-- HOA
What's special
Formal dining roomBack deck and patio
- 37 days |
- 48 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Randy Richter 319-310-1430,
RUHL & RUHL REALTORS®
Source: CRAAR, CDRMLS,MLS#: 2603744
Originating MLS: Cedar Rapids Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Laundry
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Washer
- Laundry: Main Level
Features
- Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary
- Basement: Full
Interior area
- Total interior livable area: 1,152 sqft
- Finished area above ground: 1,152
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.39 Acres
- Dimensions: 70 x 240
Details
- Parcel number: 122910800200000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Palo
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $147,300
- Annual tax amount: $2,395
- Date on market: 5/29/2026
- Listing terms: Cash,Conventional
Estimated market value
$192,800
$183,000 - $202,000
$1,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $192,000$167/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $192,000+48.8%$167/sqft |
Source: | ||
| 10/23/2020 | Sold | $129,000$112/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,240 +1.3% | $147,300 -6.2% |
| 2024 | $2,212 -5.7% | $157,100 |
| 2023 | $2,346 -1.3% | $157,100 +20.9% |
| 2022 | $2,378 +6.8% | $129,900 |
| 2021 | $2,226 +2.1% | $129,900 +7.1% |
| 2020 | $2,180 +4.3% | $121,300 |
| 2019 | $2,090 +9% | $121,300 +13.6% |
| 2018 | $1,918 +2.5% | $106,800 +5.4% |
| 2017 | $1,872 +1.7% | $101,300 |
| 2016 | $1,840 +4.1% | $101,300 |
| 2015 | $1,768 -1.3% | $101,300 |
| 2014 | $1,792 +2.5% | $101,300 |
| 2013 | $1,748 +34% | $101,300 +20.9% |
| 2012 | $1,304 | $83,773 |
| 2011 | -- | $83,773 |
| 2010 | $1,214 | $83,773 -14.2% |
| 2008 | -- | $97,670 |
| 2007 | -- | $97,670 +5% |
| 2005 | -- | $93,019 +5% |
| 2004 | -- | $88,589 +2.4% |
| 2003 | -- | $86,503 +8.6% |
| 2002 | -- | $79,619 |
| 2001 | -- | $79,619 +7% |
| 2000 | -- | $74,411 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 52324
Nearby schools
GreatSchools rating
- 8/10Viola Gibson Elementary SchoolGrades: PK-5Distance: 4.7 mi
- 7/10Harding Middle SchoolGrades: 6-8Distance: 8.1 mi
- 5/10John F Kennedy High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Viola Gibson
- Middle: Harding
- High: Kennedy
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Linn County
- Palo
- 52324
- 305 Main St




