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Rural ResidenceResidential
$258,175$84 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 80How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $905,000 on Feb 12, 2021

3 MAIN ST

PANAMA, IA 51562
5
Beds
2
Baths
3,056 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
7.69 ac
Lot SizeThe size of the land the home sits on, from county records.
1913
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
6
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$258K
$208K low$309K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$905,000 · Feb 12, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,692 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$265,788 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,366
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$251,422
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$264,008
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$265,788

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.7.69
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 736 ft²Porch · 54 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Harlan Community Middle SchoolA-
Middle · Grades 6–8 · 8.4 mi
H
Harlan High SchoolB+
High · Grades 9–12 · 8.4 mi
E
Harlan Primary School
Elementary · Grades PK–2 · 8.5 mi

District: Harlan Community School District

Neighborhood · ZIP 51562These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.98%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.386
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.12 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,009
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,188
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3 Main St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 71% of homes in Shelby County
  • Costs less per square foot than 84% of homes in Panama 51562
  • Bigger than 97% of homes in Panama 51562
  • Has a bigger lot than 84% of homes in Shelby County
  • Older than 71% of homes in Shelby County

What homes are worth in Panama 51562

Each bar is how many homes fall in that price range. The marker is this home.

This home
$64K$449K

This home is worth more than 70% of homes in Panama 51562.

How it measures up in Panama 51562

The dot is this home. The mark in the middle is the typical home in Panama 51562.

Estimated value$258,175
CheaperTypical $192,512Pricier

Pricier than 70% of homes nearby

Price per ft²$84
CheaperTypical $125Pricier

Pricier than 16% of homes nearby

Living area3,056 ft²
SmallerTypical 1,582 ft²Bigger

Bigger than 97% of homes nearby

Lot size7.69 ac
SmallerTypical 0.43 acBigger

Bigger than 74% of homes nearby

Year built1913
OlderTypical 1930Newer

Newer than 30% of homes nearby

How 3 Main St ranks against every home in each area.
MeasureThis homePanama 51562Shelby County
Estimated valuepricier than$258,17570% of homes71% of homes
Price per ft²pricier than$8416% of homes20% of homes
Living areabigger than3,056 ft²97% of homes97% of homes
Lot sizebigger than7.69 ac74% of homes84% of homes
Year builtnewer than191330% of homes29% of homes

About 3 Main St

How much is 3 Main St, Panama, IA worth?

The TopHap Estimate for 3 Main St, Panama, IA is $258,175 as of Oct 21, 2026. The likely range is $207,767 to $308,583. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3 Main St, Panama, IA last sell?

3 Main St, Panama, IA last sold on Feb 12, 2021 for $905,000, according to the county's recorded deed.

How big is 3 Main St, Panama, IA?

3 Main St, Panama, IA has 5 bedrooms, 2 bathrooms, 3,056 square feet of living space and a 7.69-acre lot.

When was 3 Main St, Panama, IA built?

3 Main St, Panama, IA was built in 1913, making it 113 years old. The building has 1 story.

What schools serve 3 Main St, Panama, IA?

3 Main St, Panama, IA is assigned to Harlan Community Middle School (middle), rated A-; Harlan High School (high), rated B+; Harlan Primary School (elementary). All sit in Harlan Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3 Main St, Panama, IA compare to other homes in Panama 51562?

Among the 198 homes in Panama 51562, it is worth more than 70% of them ($258,175 against a typical $192,512), its price per square foot is higher than 16% of them ($84 against a typical $125), it is bigger than 97% of them (3,056 ft² against a typical 1,582 ft²), its lot is bigger than 74% of them (7.69 ac against a typical 0.43 ac) and it is newer than 30% of them (1913 against a typical 1930). Measured against all of Shelby County, it is worth more than 71% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3 Main St, Panama, IA?

The 2026 property tax bill for 3 Main St, Panama, IA was $3,692. The county assessed it at $265,788.

More homes on Main St

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Assigned schools

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