$292,000
PENDING

55 Thompson Dr Palo, IA 52324

Estimated payment $1,891/month

Total Views 364
3 Beds
3 Baths
2,198 Sq Ft
$133 Price per Sq Ft

Highlights

  • No HOA
  • Eat-In Kitchen
  • 2 Car Garage
  • Viola Gibson Elementary School Rated 10
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

Welcome to the cutest town around! Easy-going neighborhoods, terrific restaurants, some shopping and easy access to large city amenities and schools. Wait until you see this sunroom and living room - so much room for all the activities! Many major updates are done in this one and it ready to be passed on with a lot of love and care. Lower level is partially finished and perfect for someone needing an additional non-conforming bedroom and rec room/craft room, etc. Great storage spaces throughout and huge backyard!! Ever wanted an additional bunker space where no one can find you in your house? You'll have to come visit this one to see what we mean by that!

Listing Agent

Michelle Bennett

Keller Williams Legacy Group Listed on: 08/15/2026

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1994

Lot Details

  • 15,246 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Viola Gibson Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 122917900400000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,470

Year Built

Built in 1994

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.35
  • NAV29_Unit_1_Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Co List Office Phone: 319-423-4139
  • MLS Status: Pending
  • Directions: First Street to Thompson
  • Above Grade Finished Sq Ft: 1548.0
  • Architectural Style: Ranch
  • Reso Interior Features: Breakfast Bar, Eat-in Kitchen, Main Level Primary
  • New Construction: No
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Fireplace Features: Gas, Living Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 650.0
  • Fireplace: Yes
  • Stories: 1

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Viola Gibson
  • High School: Kennedy
  • Middle Or Junior School: Harding

Lot Info

  • Lot Dimensions: 15,050
  • ResoLotSizeUnits: Acres
  • Parcel Number: 122917900400000

Tax Info

  • Tax Annual Amount: 3470.0

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,644 $234,400 $26,800 $207,600
2024 $3,814 $259,000 $26,800 $232,200
2023 $3,814 $259,000 $26,800 $232,200
2022 $3,340 $205,600 $26,800 $178,800
2021 $3,718 $178,800 $26,800 $152,000
2020 $3,718 $191,300 $26,800 $164,500
2019 $3,260 $170,000 $26,800 $143,200
2018 $3,188 $170,000 $26,800 $143,200
2017 $3,140 $161,300 $26,800 $134,500
2016 $3,197 $161,300 $26,800 $134,500
2015 $3,237 $161,300 $26,800 $134,500
2014 $3,062 $161,300 $26,800 $134,500
2013 $2,994 $161,300 $26,800 $134,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2026 08/17/26 Pending -- -- --
08/15/2026 08/15/26 For Sale $292,000 -- $133 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Fiduciary Deed $170,000 None Listed On Document
Warranty Deed $137,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $17,000 New Conventional
Open $153,000 New Conventional
Previous Owner $80,000 No Value Available
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2605793

Cedar Rapids Area Association of REALTORS®

APN: 12291-79004-00000

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