Off market jan 2023 for $243K

$292,318

—

•

— ba

•

1,556

sq ft

118 Shepard St, Gilbert, IA 50105

About this home

Multi-familyProperty Type

1978Year Built

9,900 sq ftLot Size

$188Est. Price/Sq.Ft.

4 car garageParking

Listed by Jon Engelman • Friedrich Iowa Realty

Bought with Jon Engelman • Friedrich Iowa Realty

Redfin checked: a few seconds ago

•Source:CIBOR #61350

Redfin Estimate

$292,318

$49K since sold in January 2023$9,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.1% lower than the average sale price ($385K) of 5 comparable homes.

SOLD OCT 19, 2026
$400,000
A
4 beds3.5 baths3,179 sq ft
1902 Stevenson Dr, Ames, IA 50010
SOLD SEP 10, 2026
$456,000
B
4 beds4.5 baths2,724 sq ft
3038 Aspen Rd, Ames, IA 50014
SOLD AUG 24, 2026
$415,000
C
3 beds3 baths1,814 sq ft
2126 Buchanan Dr, Ames, IA 50010
SOLD JUN 5, 2026
$415,000
D
4 beds3 baths2,405 sq ft
1510 Wheeler Dr, Ames, IA 50010
SOLD SEP 4, 2026
$239,051
E
3 beds2 baths1,092 sq ft
2615 Hoover Ave, Ames, IA 50010

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Market trends in 50105, IA

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

93.1%

+0.7% MoM

Median sale price

$448K

$110K MoM

Avg. days on market

63d

16 days MoM

Recently sold homes

2 MoM

New listings for sale

$239,900
3 beds2 baths1,171 sq ft
104 Mathews Dr, Gilbert, IA 50105
See all

Provided by Redfin

Sale history for 118 Shepard St

Year

Property tax

Land + Additions

Assessment*

2026

$4,484 (+6.5%)

$34,700 + $222,200

$256,900

2025

$4,210 (+4.3%)

$34,700 + $222,200

$256,900

2024

$4,038 (+25.5%)

$34,700 + $222,200

$256,900

2023

$3,218 (+1.3%)

$34,700 + $204,300

$239,000

2022

$3,178 (−7.6%)

$24,800 + $139,500

$164,300

2021

$3,440 (+5.9%)

$24,800 + $139,500

$164,300

2020

$3,247 (+7.4%)

$24,800 + $139,500

$164,300

2019

$3,024 (+0.7%)

$24,800 + $139,500

$164,300

2018

$3,004 (+5.6%)

$24,800 + $139,500

$164,300

2017

$2,846

$22,300 + $124,600

$146,900

2016

$2,846 (+10.7%)

$22,300 + $124,600

$146,900

2014

$2,570

$22,300 + $106,900

$129,200

Tax history for 118 Shepard St

Year

Property tax

Land + Additions

Assessment*

2026

$4,484 (+6.5%)

$34,700 + $222,200

$256,900

2025

$4,210 (+4.3%)

$34,700 + $222,200

$256,900

2024

$4,038 (+25.5%)

$34,700 + $222,200

$256,900

2023

$3,218 (+1.3%)

$34,700 + $204,300

$239,000

2022

$3,178 (−7.6%)

$24,800 + $139,500

$164,300

2021

$3,440 (+5.9%)

$24,800 + $139,500

$164,300

2020

$3,247 (+7.4%)

$24,800 + $139,500

$164,300

2019

$3,024 (+0.7%)

$24,800 + $139,500

$164,300

2018

$3,004 (+5.6%)

$24,800 + $139,500

$164,300

2017

$2,846

$22,300 + $124,600

$146,900

2016

$2,846 (+10.7%)

$22,300 + $124,600

$146,900

2014

$2,570

$22,300 + $106,900

$129,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

9,900 Sq. Ft.

Year renovated

1978

Sq. Ft.

3,112

Year built

1978

Style

Multi-Family (5+ Unit)

County

Story County

APN

0504387175

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

Property details

Parking

Parking/Garage Information
# of Garage Spaces: 4

Exterior

Building Information
Sq. Ft.: 1556.0
Levels: Two

Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Quadruplex

Lot Information
Lot Size : 9900.0
Lot Size Dimensions: 9,900
Lot Size Area: 9,900
Lot Size Units: Square Feet
Zoning: MR R3+

Financial

Tax Information
Tax Annual Amount: $3,177.94

Location

Schools Information
High School District: Gilbert

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,112
Stories: 2.0
Lot Size: 9,900 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: 1978
County: Story County
APN: 0504387175

Home facts updated by county records on Oct 14, 2026

Other

Listing Information
List AOR: Central Iowa Board of REALTORS®

Around this home

Schools

K - 12
Preschool & daycare

Gilbert Elementary School

Public PreK-2 • Assigned • 0.5mi

Gilbert Middle School

Public 6-8 • Assigned • 0.8mi

10/10

Gilbert High School

Public 9-12 • Assigned • 0.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 15 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

Gilbert, IA • 50105

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 50105

$239,900

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104 Mathews Dr, Gilbert, IA 50105

Open-concept kitchen • Gas fireplace • Rec room

Home values near 118 Shepard St

Data from public records.

Address	Redfin Estimate
121 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 1380 Sq. Ft.	$207,979
123 Shepard Street, Gilbert, IA 3 Beds \| 1.5 Baths \| 888 Sq. Ft.	$242,604
117 Shepard Street, Gilbert, IA 4 Beds \| 2 Baths \| 768 Sq. Ft.	$233,253
111 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 973 Sq. Ft.	$168,619
414 2nd Street, Gilbert, IA 4 Beds \| 2 Baths \| 1960 Sq. Ft.	$257,023

Address	Redfin Estimate
115 Shepard Street, Gilbert, IA 4 Beds \| 1 Baths \| 1600 Sq. Ft.	$211,300
107 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 1946 Sq. Ft.	$263,000
120 Shepard Street, Gilbert, IA - Beds \| - Baths \| 3112 Sq. Ft.	—
112 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$204,136
205 Dana Street, Gilbert, IA 3 Beds \| 2 Baths \| 1192 Sq. Ft.	$239,499

Address	Redfin Estimate
108 Shepard Street, Gilbert, IA 4 Beds \| 2 Baths \| 1068 Sq. Ft.	$223,769
110 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 1126 Sq. Ft.	$223,954
119 Shepard Street, Gilbert, IA 3 Beds \| 1 Baths \| 1440 Sq. Ft.	$245,430
116 Shepard Street, Gilbert, IA - Beds \| - Baths \| 4000 Sq. Ft.	$309,848
203 Dana Street, Gilbert, IA 3 Beds \| 1 Baths \| 1177 Sq. Ft.	$188,493

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 50105, IA

Sale history for 118 Shepard St

Tax history for 118 Shepard St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 50105

Home values near 118 Shepard St

More real estate resources