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307 Monroe Ave

Elkhart, IA 50073

3 bd 3 ba 1,400 sqft Built 2020 Lot 8,712 sqft single_family
Most recent sale
$293,700
Dec 7, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2023 Sold $293,700 CentralIowa
Sep 6, 2023 Price changed $294,900 DesMoines
Aug 24, 2023 Listed $299,950 CentralIowa
Jan 8, 2021 Sold $226,000 CentralIowa
Jul 22, 2020 Listed $226,000 DesMoines

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $216,100 $74,700 $290,800 $4,986
2023 $192,900 $66,500 $259,400 $4,746
2022 $163,500 $58,300 $221,800 $4,644
2020 $400 $400 $8
2019 $400 $400 $8

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,400 sqft
Lot size
8,712 sqft
ZIP code
50073
City
Elkhart
Street
Monroe Ave
Coordinates
41.79380, -93.51472

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
$2,100
Gross rental yield
8.58%
Implied cap rate
5.58%
Trend-extrapolated value

Frequently asked questions

When did 307 Monroe Ave last sell?
307 Monroe Ave most recently sold on Dec 7, 2023 for $293,700.
What is the current tax assessment for 307 Monroe Ave?
The most recent total assessment for 307 Monroe Ave (year 2025) is $290,800 with $4,986 in property tax.
How does 307 Monroe Ave's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $293,700.
When was 307 Monroe Ave built?
307 Monroe Ave was built in 2020.
How does 307 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 307 Monroe Ave?
307 Monroe Ave is a 3 bed, 3 bath, 1,400 sqft, 8,712 sqft lot single_family.
Is 307 Monroe Ave a flip candidate?
No — 307 Monroe Ave does not appear in our flips dataset.
Is 307 Monroe Ave a tax-appeal candidate?
No — 307 Monroe 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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