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508 S Elm Street, Toledo, IA 52342

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For Sale
Sale Pending

$65,000

1 beds • 1 baths • 864 sqft

Estimated Payment

$ 335 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $75.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Sitting on a large corner lot in Toledo sits 508 S Elm St. This home is perfect for the snow birds or family looking to travel. You'll notice space to park that RV, multiple hobby garage projects or multiple cars in the attached 3 car garage space, and still have plenty of space for the back garden which is already fenced in and ready for next year. Inside you'll find a cozy living room space, good sized kitchen, mudroom, laundry room leading to the 2 car attached garage, den that could be turned into a 2nd bedroom or office and bedroom with a walkway to the bathroom. Downstairs you will find a dry basement with updated electrical, furnace, water heater and tuck under parking space. Give your agent a call today to see how this home could the right fit for your family.
MLS# 698578

Courtesy Of RE/MAX Real Estate Group

(515) 279-6700

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Ranch
  • Exterior Type
    Vinyl Siding
  • Roof Type
    Asphalt

Map and Directions

Directions to 508 S Elm Street, Toledo, IA 52342

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(641) 440-7007
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $335
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $335

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

South Tama County Elementary School

Grades PK-4 Public School

Tama, IA 52339 1.3 miles
1611 country club dr

615 total students
14:1 Student teacher ratio

School Rating: B-

School Details

South Tama County Middle School

Grades 5-8 Public School

Toledo, IA 52342 0.3 miles
201 s green st

444 total students
14:1 Student teacher ratio

School Rating: D

School Details

South Tama County High School

Grades 9-12 Public School

Tama, IA 52339 1.2 miles
1715 harding st

484 total students
14:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Meskwaki Settlement School 3.9 miles Public KG-12

Meskwaki Settlement School

Distance: 3.9 miles

Type Public

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Toledo, IA 52342

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Toledo, IA 52342

This community’s employment is highest in the agriculture and sales industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
9° January
Coldest Average Month
1,300 Total Households in Area
-0.8% Increase in population since the year 2010
27.9%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Toledo, IA 52342

Toledo, IA 52342 has a population of 3,376 people in 1,300 households with a median age of 40.2 years old.

-0.8%
Decrease in population
since the year 2010
Population is Trending down
1,312
Total households as of 2010
8.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 73%
Hispanic 13%
Native American 12%
Other 5%
Black 1%
Asian <1%
The most prevalent ethnicity is White at 73%, followed by Hispanic at 13%, Native American at 12%, and Other at 5%.

Economics
for Toledo, IA 52342

37 /sq mi
Population Density
$61,393 /yr
Median Household Income
$125,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 26.08% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 5%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 993 69%
Rented 306 21%
Vacant 146 10%

White vs Blue Collar Jobs







White Collar 61%
Blue Collar 39%

Family & Education Facts
for Toledo, IA 52342

40.2 Median Age

Average Household Size

2.6
persons per
household

52.9%

Married Households

Community Population By Education

High School Graduate 48%
Some College 17%
Bachelors Degree 12%
Associates Degree 11%
Some High School 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 47.84% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.9% of households have children

Weather
for Toledo, IA 52342

The weather for this area ranges from a high of 86° F in July to a low of 9° F in January

86° July
Hottest Average Month
9° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
9°
28°
Feb
14°
33°
Mar
25°
45°
Apr
37°
60°
May
49°
72°
Jun
59°
81°
Jul
62°
86°
Aug
60°
83°
Sep
51°
76°
Oct
40°
64°
Nov
27°
46°
Dec
15°
32°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Des Moines Area Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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