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22278 540th St

Centerville, IA 52544

2 bd 1 ba 1,008 sqft Built 1924 Lot 1,502,820 sqft farm
Most recent sale
$398,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $398,000 MLS #6127257
Nov 13, 2021 Listed $450,000 MLS #6127257

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,380 $4,090 $35,470 $600
2024 $31,380 $4,090 $35,470 $674
2023 $33,150 $3,020 $36,170 $650
2022 $26,250 $2,340 $28,590 $888
2021 $52,290 $2,490 $54,780 $828
2020 $46,440 $2,640 $49,080 $850
2019 $46,440 $2,640 $49,080 $740
2018 $44,430 $2,650 $47,080 $714
2017 $44,430 $2,650 $47,080 $738
2016 $48,400 $2,640 $51,040 $674
2015 $48,400 $2,640 $51,040 $1,112
2014 $67,600 $9,400 $77,000 $1,096
2013 $67,600 $9,400 $77,000 $1,154
2012 $63,010 $7,430 $70,440 $1,098
2011 $63,010 $7,430 $70,440 $1,674
2008 $146,180 $3,238

Property facts

Year built
1924
Property type
farm
Stories
Beds
2
Baths
1
Living area
1,008 sqft
Lot size
1,502,820 sqft
ZIP code
52544
City
Centerville
Street
540th St
Coordinates
40.69771, -92.86294

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,512
Gross rental yield
4.56%
Implied cap rate
2.96%
Trend-extrapolated value

Frequently asked questions

When did 22278 540th St last sell?
22278 540th St most recently sold on Apr 12, 2022 for $398,000.
What is the current tax assessment for 22278 540th St?
The most recent total assessment for 22278 540th St (year 2025) is $35,470 with $600 in property tax.
How does 22278 540th St's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $398,000.
When was 22278 540th St built?
22278 540th St was built in 1924.
How does 22278 540th St compare to others on 540th St?
We track 3 other properties on 540th St. Browse the list under "Other properties on 540th St" to compare beds, baths, and sale history.
What are the property facts for 22278 540th St?
22278 540th St is a 2 bed, 1 bath, 1,008 sqft, 1,502,820 sqft lot farm.
Is 22278 540th St a flip candidate?
No — 22278 540th St does not appear in our flips dataset.
Is 22278 540th St a tax-appeal candidate?
No — 22278 540th 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
-2.5%
Implied 1-yr
-10.1%
2026 Q2
$157.9K
2026 Q3
$157.9K
ZIP 52544 — Median Price History + Forecast

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