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1224 Madison Ave

Council Bluffs, IA 51503

2 bd 1 ba 1,144 sqft Built 1987 Lot 6,098 sqft single_family
Most recent sale
$175,000
Jan 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2024 Listed $239,000 CouncilBluffs
Feb 15, 2022 Listing removed CouncilBluffs
Jan 6, 2022 Listed $195,000 CouncilBluffs
Jan 16, 2021 Listing removed CouncilBluffs
Jan 15, 2021 Sold $175,000 Public Record
Nov 1, 2020 Listed $179,900 CouncilBluffs
Sep 5, 2020 Listing removed CouncilBluffs
Sep 4, 2020 Sold $170,000 Public Record
May 10, 2020 Listed $178,000 CouncilBluffs
Apr 22, 2020 Listing removed CouncilBluffs
Feb 23, 2020 Price changed $179,900 CouncilBluffs
Feb 11, 2020 Listed $185,000 CouncilBluffs

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $205,600 $20,200 $225,800 $4,174
2024 $205,600 $20,200 $225,800 $4,300
2023 $189,600 $17,600 $207,200 $4,400
2022 $156,500 $16,500 $173,000 $3,850
2021 $156,500 $16,500 $173,000 $3,926
2020 $143,500 $13,700 $157,200 $3,602
2019 $143,500 $13,700 $157,200 $3,584
2018 $138,200 $13,000 $151,200 $3,510
2017 $138,200 $13,000 $151,200 $3,226
2016 $127,908 $10,351 $138,259 $3,148
2015 $127,908 $10,351 $138,259 $3,152
2014 $127,908 $10,351 $138,259 $3,102
2013 $127,908 $10,351 $138,259 $2,914
2012 $127,908 $10,351 $138,259 $2,838
2010 $127,908 $10,351 $138,259 $2,954
2007 $134,640 $10,896 $145,536 $2,534

Property facts

Year built
1987
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,144 sqft
Lot size
6,098 sqft
ZIP code
51503
City
Council Bluffs
Street
Madison Ave
Coordinates
41.25299, -95.83389

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,716
Gross rental yield
11.77%
Implied cap rate
7.65%
Trend-extrapolated value

Frequently asked questions

When did 1224 Madison Ave last sell?
1224 Madison Ave most recently sold on Jan 15, 2021 for $175,000.
What is the current tax assessment for 1224 Madison Ave?
The most recent total assessment for 1224 Madison Ave (year 2025) is $225,800 with $4,174 in property tax.
How does 1224 Madison Ave's assessment compare to its last sale price?
The current assessment is 29.0% above the last sale price of $175,000.
When was 1224 Madison Ave built?
1224 Madison Ave was built in 1987.
How does 1224 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1224 Madison Ave?
1224 Madison Ave is a 2 bed, 1 bath, 1,144 sqft, 6,098 sqft lot single_family.
Is 1224 Madison Ave a flip candidate?
No — 1224 Madison Ave does not appear in our flips dataset.
Is 1224 Madison Ave a tax-appeal candidate?
Yes — 1224 Madison Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$272.9K
2026 Q4
$269.4K
ZIP 51503 — Median Price History + Forecast

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