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909 Merchant St

Ankeny, IA 50023

5 bd 4 ba 2,245 sqft Built 2021 Lot 15,028 sqft single_family
Most recent sale
$734,000
Mar 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Sold $734,000 DesMoines
Jan 26, 2024 Listed $740,000 DesMoines
Mar 22, 2022 Sold $670,000 DesMoines
Feb 9, 2022 Listed $670,000 DesMoines
Aug 14, 2020 Sold $82,000 DesMoines

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $592,000 $97,000 $689,000 $11,320
2023 $568,900 $91,900 $660,800 $10,818
2022 $436,700 $85,100 $521,800 $18
2020 $860 $860 $22

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,245 sqft
Lot size
15,028 sqft
ZIP code
50023
City
Ankeny
Street
Merchant St
Coordinates
41.71557, -93.61076

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,368
Gross rental yield
5.51%
Implied cap rate
3.58%
Trend-extrapolated value

Frequently asked questions

When did 909 Merchant St last sell?
909 Merchant St most recently sold on Mar 18, 2024 for $734,000.
What is the current tax assessment for 909 Merchant St?
The most recent total assessment for 909 Merchant St (year 2025) is $689,000 with $11,320 in property tax.
How does 909 Merchant St's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $734,000.
When was 909 Merchant St built?
909 Merchant St was built in 2021.
How does 909 Merchant St compare to others on Merchant St?
We track 4 other properties on Merchant St. Browse the list under "Other properties on Merchant St" to compare beds, baths, and sale history.
What are the property facts for 909 Merchant St?
909 Merchant St is a 5 bed, 4 bath, 2,245 sqft, 15,028 sqft lot single_family.
Is 909 Merchant St a flip candidate?
Yes — 909 Merchant St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 909 Merchant St a tax-appeal candidate?
No — 909 Merchant St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2027 Q2
$404.4K
2027 Q3
$405.5K
ZIP 50023 — Median Price History + Forecast

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