507 E  Fair St, Algona, IA 50511
Property image
Property image
FOR SALE
NEW - 2 DAYS AGO

$197,500

  • 3 Beds
  • 2 Baths
  • 1,124 sqft

507 E Fair St, Algona, IA 50511

Est. Mortgage $1,275/mo*
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Home Highlights

Single-Family Home
Built in 1930
$176/sqft
Garage

Local Information

  • Map ViewExplore the area around 507 E Fair St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome home! This adorable 3-bedroom, 2-bathroom home offers plenty of comfortable living space and thoughtful updates throughout. Step through the front door into a finished porch, perfect for a sitting area, playroom, toy space, or a little extra room for whatever your family needs. From there, enter the cozy living room, which flows into the dining room and leads you into the beautifully remodeled kitchen. The main level also features two generously sized bedrooms and a full bathroom. Upstairs, you’ll find your own private getaway with a spacious master suite complete with a ¾ bathroom. The newly finished basement adds even more living space with a comfortable family room and electric fireplace—perfect for cozy movie nights. The basement also includes a laundry room and a separate storage/utility area. Outside, enjoy the backyard from the freshly poured concrete patio, or take advantage of the double detached heated garage, offering plenty of room for vehicles, storage, hobbies, or a workshop. This home offers the perfect combination of character, updates, and space both inside and out!
Last check for updates: about 7 hours ago
Listing courtesy of Janelle Arrowood, (515) 320-2774
Weichert, REALTORS-The 515 Agency
Source: NoCoast MLS as distributed by MLS GRID, MLS#6342220

Home Details for 507 E Fair St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 7Types of Rooms: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1124 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Levels, Entrance, & Accessibility
Levels: One and One HalfAccessibility: None

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Heated Garage,Concrete
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 3Days on Market: 2

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 2211281011

Price & Status

Price
List Price: $197,500Price Per Sqft: $176

Location

Direction & Address
City: Algona

Agent Information

Listing Agent
Listing ID: 6342220

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6342220Attribution Contact: Cell: 515-320-2774Days In Mls: 3

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Algona

At least 11 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 91 % Say people would walk alone at night

  • 86 % Say it's dog friendly

  • 83 % Say there's holiday spirit

  • 73 % Say there are sidewalks

  • 69 % Say yards are well-kept

  • 69 % Say kids play outside

  • 67 % Say car is needed

  • 64 % Say it's quiet

  • 62 % Say neighbors are friendly

  • 58 % Say it's walkable to restaurants

  • 57 % Say there's wildlife

  • 56 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 50 % Say streets are well-lit

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Market trends in Algona

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
53
11
MoM

Home Value

Trulia Estimate
$192K
Since last month
Increased$15K (+8.2%)
Since last year
Increased$17K (+9.5%)
Since last sale
Increased$51K (+36.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +321% in the last 10 years
MonthEstimated value
2026
September 2026$192K
August 2026$177K
July 2026$178K
June 2026$179K
May 2026$176K
April 2026$174K
March 2026$172K
February 2026$170K
January 2026$166K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$165,000
03/04/26
3
2
1,477
0.21
Single-Family Home
$169,900
05/15/26
4
2
1,408
0.21
Single-Family Home
$124,750
09/22/25
3
1
1,243
0.22
Single-Family Home
$95,000
10/02/25
5
2
1,712
0.42
Single-Family Home
$139,900
02/13/26
3
1.5
2,229
0.52
Single-Family Home
$118,500
02/26/26
3
2
1,148
0.54
Single-Family Home
$165,000
05/15/26
3
1.5
1,120
0.17
Single-Family Home
$212,470
01/23/26
3
3
3,150
0.69
Single-Family Home
$170,000
04/23/26
3
1.5
1,479

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$160,000
3
2
1,269
For Sale
0.06
$198,200
3
2
1,992
Off Market
0.07
$430,000
6
3
2,286
Recently Sold
0.09
$221,600
3
2
1,446
Off Market
0.10
$232,400
3
3
1,592
Off Market
0.11
$71,200
3
1
864
Off Market
0.13
$164,900
3
2
1,140
For Sale
0.16
$165,000
3
2
1,477
Recently Sold
0.17
$144,200
3
1.5
1,664
Off Market
0.17
$199,900
3
1
1,657
For Sale
0.16
$239,000
3
2
2,160
For Sale

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: NoCoast MLS as distributed by MLS GRID #6342220
Listed For Sale
$197,500
May 11, 2020
Source: EXIT Realty solds #-1626839339071306398
Sold
$141,000
May 11, 2020
Source: Agent Provided
PendingToActive
$149,900
Apr 8, 2020
Source: Agent Provided
Pending
$149,900
Feb 6, 2020
Source: Agent Provided
PriceChange
$149,900
Price decreased by 5%

LGBTQ Local Legal Protections

Janelle Arrowood, Weichert, REALTORS-The 515 Agency
Agent Phone: (515) 320-2774
Based on information submitted to the MLS GRID as of 2026-09-04 01:17:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 507 E Fair St

  • What is the estimated monthly payment for 507 E Fair St?
    Based on a $197,500 list price with 20% down at today's rates, the estimated monthly payment for 507 E Fair St in Algona, IA is approximately $1,295 (about $1,046 principal & interest, $174 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Algona?
    Residents describe Algona, IA as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in Algona, IA.
  • What are the closest schools to 507 E Fair St?
    The closest schools to 507 E Fair St in Algona, IA are Algona High School (rated 4/10), Algona Middle School (Elementary, rated 8/10), Bertha Godfrey Elementary School (Pre-K).
  • What is 507 E Fair St estimated to be worth?
    Trulia's estimated value for 507 E Fair St in Algona, IA is $192,300.
  • Does 507 E Fair St have air conditioning?
    Yes, 507 E Fair St in Algona, IA has air conditioning.
  • How big is the lot at 507 E Fair St?
    The lot at 507 E Fair St in Algona, IA is about 0.20 acres (8,712 sq ft).
507 E Fair St, Algona, IA 50511 is a 3 bedroom, 2 bathroom, 1,124 sqft single-family home built in 1930. This property is currently available for sale and was listed by NoCoast MLS as distributed by MLS GRID on Sep 1, 2026. The MLS # for this home is MLS# 6342220.