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400 2nd Ave

Armstrong, IA 50514

2 bd 2 ba 1,756 sqft Built 1947 Lot 14,000 sqft single_family
Most recent sale
$125,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2024 Sold $163,000 Public Record
Aug 21, 2024 Price changed $169,800 IowaGreatLakes
Aug 6, 2024 Listed $174,800 IowaGreatLakes
Aug 6, 2024 Listing removed $185,000 NoCoastMLS
Aug 3, 2024 Listing removed NorthstarMLS
Aug 2, 2024 Listing removed NoCoastMLS
Jul 11, 2024 Price changed $185,000 NoCoastMLS
May 28, 2024 Price changed $199,900 NoCoastMLS
May 1, 2024 Listed $225,000 NoCoastMLS
Mar 28, 2022 Sold $125,000 Public Record
Mar 26, 2022 Listing removed HeartIARegional
Mar 25, 2022 Sold $125,000 NoCoastMLS
Mar 8, 2022 Listed $125,000 HeartIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,900 $13,100 $153,000 $1,668
2024 $139,900 $13,100 $153,000 $1,262
2023 $94,200 $13,100 $107,300 $928
2022 $51,200 $13,100 $64,300 $956
2021 $51,200 $13,100 $64,300 $1,138
2020 $58,300 $14,000 $72,300 $1,036
2019 $58,300 $14,000 $72,300 $1,012
2018 $55,700 $13,100 $68,800 $1,014
2017 $55,700 $13,100 $68,800 $1,024
2016 $58,300 $13,800 $72,100 $1,036
2015 $58,300 $13,800 $72,100 $996
2014 $55,500 $13,100 $68,600 $996
2012 $58,100 $13,100 $71,200 $1,064
2011 $58,100 $13,100 $71,200 $1,086

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,756 sqft
Lot size
14,000 sqft
ZIP code
50514
City
Armstrong
Street
2nd Ave
Coordinates
43.39655, -94.48274

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 400 2nd Ave last sell?
400 2nd Ave most recently sold on Mar 28, 2022 for $125,000.
What is the current tax assessment for 400 2nd Ave?
The most recent total assessment for 400 2nd Ave (year 2025) is $153,000 with $1,668 in property tax.
How does 400 2nd Ave's assessment compare to its last sale price?
The current assessment is 22.4% above the last sale price of $125,000.
When was 400 2nd Ave built?
400 2nd Ave was built in 1947.
How does 400 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 400 2nd Ave?
400 2nd Ave is a 2 bed, 2 bath, 1,756 sqft, 14,000 sqft lot single_family.
Is 400 2nd Ave a flip candidate?
No — 400 2nd Ave does not appear in our flips dataset.
Is 400 2nd Ave a tax-appeal candidate?
No — 400 2nd Ave 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
+6.2%
Implied 1-yr
+25.0%
2025 Q1
$257K
2025 Q2
$268.4K
ZIP 50514 — Median Price History + Forecast

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