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Rural ResidenceResidential
$937,461$217 / 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 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

5500 240TH ST

AMES, IA 50014
5
Beds
8.5
Baths
4,319 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.
74.76 ac
Lot SizeThe size of the land the home sits on, from county records.
1997
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
15
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$937K
$782K low$1.1M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,536 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,213,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$114,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,098,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,218,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,213,300

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.161 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
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountySTORY
Lot (acres)The size of the land the home sits on, from county records.74.76
ConstructionThe main material the home's frame and walls are built from.Frame (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
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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.GazeboDeck · 74 ft²Patio · 878 ft²Porch · 58 ft²

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

M
Ames Middle SchoolC+
Middle · Grades 6–8 · 1.2 mi
H
Ames High SchoolB-
High · Grades 9–12 · 3.8 mi
E
United North Elementary School
Elementary · Grades PK–1 · 4.6 mi

District: United Community School District

Neighborhood · ZIP 50014These 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.97
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 100.10

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.24%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.38,660
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.690 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,126
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,349
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

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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

5500 240th 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.

  • Among the most valuable homes in Ames 50014
  • Bigger than 98% of homes in Story County
  • Among the largest lots in Ames 50014
  • Newer than 66% of homes in Story County

What homes are worth in Ames 50014

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

This home
$117K$818K

This home is worth more than almost all homes in Ames 50014.

How it measures up in Ames 50014

The dot is this home. The mark in the middle is the typical home in Ames 50014.

Estimated value$937,461
CheaperTypical $302,953Pricier

Pricier than almost all homes nearby

Price per ft²$217
CheaperTypical $207Pricier

Pricier than 56% of homes nearby

Living area4,319 ft²
SmallerTypical 1,458 ft²Bigger

Bigger than 96% of homes nearby

Lot size74.76 ac
SmallerTypical 0.23 acBigger

Bigger than almost all homes nearby

Year built1997
OlderTypical 1995Newer

Newer than 54% of homes nearby

How 5500 240th St ranks against every home in each area.
MeasureThis homeAmes 50014Story County
Estimated valuepricier than$937,461almost all homesalmost all homes
Price per ft²pricier than$21756% of homes61% of homes
Living areabigger than4,319 ft²96% of homes98% of homes
Lot sizebigger than74.76 acalmost all homesalmost all homes
Year builtnewer than199754% of homes66% of homes

About 5500 240th St

How much is 5500 240th St, Ames, IA worth?

The TopHap Estimate for 5500 240th St, Ames, IA is $937,461 as of Sep 24, 2026. The likely range is $782,457 to $1,092,465. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5500 240th St, Ames, IA last sell?

5500 240th St, Ames, IA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5500 240th St, Ames, IA?

5500 240th St, Ames, IA has 5 bedrooms, 8.5 bathrooms, 4,319 square feet of living space and a 74.76-acre lot.

When was 5500 240th St, Ames, IA built?

5500 240th St, Ames, IA was built in 1997, making it 29 years old. It is a a-frame home. The building has 2 stories.

What schools serve 5500 240th St, Ames, IA?

5500 240th St, Ames, IA is assigned to Ames Middle School (middle), rated C+; Ames High School (high), rated B-; United North Elementary School (elementary). All sit in United Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5500 240th St, Ames, IA compare to other homes in Ames 50014?

Among the 8,242 homes in Ames 50014, it is worth more than almost all of them ($937,461 against a typical $302,953), its price per square foot is higher than 56% of them ($217 against a typical $207), it is bigger than 96% of them (4,319 ft² against a typical 1,458 ft²), its lot is bigger than almost all of them (74.76 ac against a typical 0.23 ac) and it is newer than 54% of them (1997 against a typical 1995). Measured against all of Story County, it is worth more than almost all 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 5500 240th St, Ames, IA?

The 2025 property tax bill for 5500 240th St, Ames, IA was $10,536. The county assessed it at $1,213,300.

More homes on 240th St

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