2126 500th St, Walnut, IA 51577 Property Records

Shelby County property record for 2126 500th St, Walnut, IA 51577

Property Summary

Property TypeRural Home
Details3 bd · 1.5 ba · 1,581 sqft · built 1932
Lot Size5.67 acres (246,985 sqft)
Owner2 Individual Names on File
Tax Bill$2,224 (2026)
Flood ZoneZone X (minimal risk)
APN831512403001

Property Details

APN / Parcel Number

Primary APN831512403001

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms7 Rooms
Stories1 Story
Building Area1,581 sqft Living Area
1st Floor Area784 sqft
Basement Area1,022 sqft
Finished Basement400 sqft
Game RoomGame Room
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1932
Effective Year BuiltEffective 1932
Exterior MaterialAluminum/Vinyl
Construction TypeMetal Frame
Foundation TypeBlock
Roof TypeGable
Roof MaterialAsphalt
Lot Area246,985 sqft (5.67 acres)
Garage TypeDetached
Garage Area896 sqft
Parking Spaces4 Parking Spaces
PorchPorch
Porch Area184 sqft
GranaryGranary

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address2126 500TH ST
CityWALNUT
StateIA
Zip51577-6106
Property CategoryResidential
Property TypeResidential > Single Family > Rural Home
Legal Description12-78-38 PT SW SE PARCEL A
Legal Range38W
Legal Township78N
Legal Section12
JurisdictionSHELBY IA
Township / Civil DivisionMONROE
Census Block Group2
Census Block2106
Census Tract960100

Owner

2126 500th St, a rural home, is owned and occupied by two individuals.

Source: Shelby County records, as of October 20, 2026

Owner of Record2 Individual Names on File
Mailing Address2126 500TH ST, WALNUT, IA 51577-6106
OccupancyOwner Occupied
Owner TypeIndividual
VestingSurvivor

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2026 property tax bill for 2126 500th St was $2,224 with a homeowner's exemption.

Source: Shelby County assessment roll, as of September 30, 2025

Property Jurisdictions

TypeName
StateIowa
CountyShelby County
Unified School DistrictExira-Elk Horn-Kimballton Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,224.00$219,786 (-) Land $8,633 Building $211,153$219,786 (-) Land $8,633 Building $211,153
2025$219,786 Land $8,633 Building $211,153$219,786 Land $8,633 Building $211,153
2024$2,088.00
2023$189,305 (+48.71%) Land $6,778 Building $182,527$189,305 Land $6,778 Building $182,527
2022$1,778.00 Homeowner's exemption Additional exemption filed$127,298 Land $4,840 Building $122,458
2021$127,298 Land $4,840 Building $122,458

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 2126 500th St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 16, 2015

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 2126 500th St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 96% of the US · lower than 71% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 1 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Marne & Elk Horn Telephone Company
Fiber
1,000 / 1,000
Nextlink
Fixed Wireless
100 / 20

Cell Coverage

5G and 4G LTE (outdoors only)

Nearby Properties on 500th St

Nearby Streets

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