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311 Madison Ave

Elkhart, IA 50073

3 bd 3 ba 1,491 sqft Built 2020 Lot 8,487 sqft single_family
Most recent sale
$285,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $285,000 MLS #59347
Feb 11, 2022 Relisted $269,000 MLS #59347
Feb 4, 2022 Listed $269,900 MLS #645213
Dec 18, 2020 Sold $242,000 MLS #55588
Sep 3, 2020 Relisted $242,000 MLS #611266
Aug 21, 2020 Price changed $238,000 MLS #611266
Aug 3, 2020 Listed $235,000 MLS #611266
Feb 6, 2020 Sold $47,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $242,900 $72,900 $315,800 $5,414
2023 $216,700 $64,900 $281,600 $5,374
2022 $184,200 $56,900 $241,100 $5,116
2020 $420 $420 $10
2019 $420 $420 $8

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,491 sqft
Lot size
8,487 sqft
ZIP code
50073
City
Elkhart
Street
Madison Ave
Coordinates
41.79396, -93.51357

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
$2,237
Gross rental yield
9.42%
Implied cap rate
6.12%
Trend-extrapolated value

Frequently asked questions

When did 311 Madison Ave last sell?
311 Madison Ave most recently sold on Mar 25, 2022 for $285,000.
What is the current tax assessment for 311 Madison Ave?
The most recent total assessment for 311 Madison Ave (year 2025) is $315,800 with $5,414 in property tax.
How does 311 Madison Ave's assessment compare to its last sale price?
The current assessment is 10.8% above the last sale price of $285,000.
When was 311 Madison Ave built?
311 Madison Ave was built in 2020.
How does 311 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 311 Madison Ave?
311 Madison Ave is a 3 bed, 3 bath, 1,491 sqft, 8,487 sqft lot single_family.
Is 311 Madison Ave a flip candidate?
Yes — 311 Madison Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 311 Madison Ave a tax-appeal candidate?
No — 311 Madison 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
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$303.8K
2026 Q4
$297K
ZIP 50073 — Median Price History + Forecast

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