Small-Town Living with Country Views! Located on the edge of town with peaceful countryside views, this beautifully remodeled 3-bedroom ranch-style home offers 1,600+ square feet of comfortable living space on a large lot. The completely renovated interior features high-end finishes & appliances with hardwood floors throughout the main level. The kitchen, dining area, and living room create a bright, welcoming atmosphere, enhanced by large windows that fill the home with natural light. Step outside to enjoy the spacious deck, perfect for entertaining or relaxing while taking in the country views. Additional highlights include a master bedroom w/ master bathroom (including laundry), an attached 2-car garage, a detached 3-car garage providing ample room for vehicles, hobbies, or storage, and an unfinished lower level with excellent storage potential. Located within the Panorama Community School District and just minutes from Lake Panorama, this move-in-ready home combines modern updates, generous garage space, and the best of small-town living in Central Iowa.
Classic Ranch Home with Countryside Views This spacious ranch home has been meticulously maintained and is in one of the best locations in Panora – near Michael Mills Park, the bike trail and town, but with gorgeous countryside views. The best of both worlds! The traditional floor plan with three beds and 1 ½ baths optimizes space and remains bright and airy with many windows. You will appreciate all the options with the generous LR and DR, plus wide open county kitchen. There is even a separate laundry/mudroom conveniently located off the kitchen with access to the garage and backyard. The mature trees and pretty perennial plantings make the backyard feel so welcoming, just like your own private park! There is also a cottage-style storage shed to supplement the attached two stall garage. The large basement/workroom area offers many options for storage or future expansion. With your updates, this classic home could become your dream home!
Year
Property tax
Land + Additions
Assessment*
2026
$4,838 (+30.8%)
$32,200 + $260,500
$292,700
2025
$3,700 (−2.8%)
$32,200 + $260,500
$292,700
2024
$3,806 (+2.0%)
$32,200 + $260,500
$292,700
2023
$3,730 (+1.8%)
$33,900 + $172,300
$206,200
2022
$3,664 (+12.2%)
$33,900 + $172,300
$206,200
2021
$3,266 (−1.4%)
$33,900 + $132,100
$166,000
2020
$3,314 (+2.0%)
$33,900 + $132,100
$166,000
2019
$3,250 (+4.2%)
$22,600 + $117,300
$139,900
2018
$3,120 (+3.5%)
$22,600 + $123,500
$146,100
2017
$3,014 (+19.2%)
$22,600 + $127,000
$149,600
2015
$2,528 (+1.9%)
$22,600 + $118,600
$141,200
2014
$2,482
$21,244 + $111,484
$132,728
Public record
Beds
3
Baths
2.5
Stories
1
Lot width
100 ft.
Lot depth
200 ft.
Lot size
0.45 Acres
Year renovated
1967
Finished Sq. Ft.
1,617
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,617
Year built
1967
Style
Single Family Residential
County
Guthrie County
APN
0001325900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Panora, IA • 50216
Average low and high temperatures (°F)
31
12
40
18
59
33
64
44
74
51
83
64
87
68
83
63
81
57
71
48
51
32
38
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 6% for direct sun exposure in Panora. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 503 SE 5th St
$368,586
$1,314 under list price of $370K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $196K to $784K.