506 2nd Ave
Independence, IA 50644
5 bd 4 ba 2,487 sqft Built 1916 Lot 16,683 sqft single_family
Most recent sale
$190,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $190,000 | Public Record |
| Jun 16, 2022 | Sold | $190,000 | NorthEastIARegional |
| Apr 21, 2022 | Listed | $194,500 | MLS #20221617 |
| Jan 27, 2020 | Sold | $152,500 | Public Record |
| Dec 7, 2019 | Relisted | $159,500 | MLS #20195717 |
| Oct 22, 2019 | Listed | $159,500 | MLS #20195717 |
| Aug 30, 2019 | Price changed | $179,500 | MLS #20191288 |
| Aug 5, 2019 | Price changed | $197,500 | MLS #20191288 |
| Jun 25, 2019 | Price changed | $199,500 | MLS #20191288 |
| May 16, 2019 | Price changed | $210,000 | MLS #20191288 |
| Mar 27, 2019 | Listed | $217,500 | MLS #20191288 |
| Nov 12, 2018 | Listed | $225,000 | MLS #1807864 |
| Sep 6, 2018 | Listing removed | $225,000 | NorthEastIARegional |
| Sep 6, 2018 | Listed | $225,000 | MLS #20184841 |
| Jul 16, 2018 | Price changed | $225,000 | MLS #20181600 |
| Jun 18, 2018 | Price changed | $249,500 | MLS #20181600 |
| May 30, 2018 | Price changed | $259,900 | MLS #20181600 |
| Apr 3, 2018 | Listed | $267,500 | MLS #20181600 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,530 | $26,820 | $210,350 | $3,682 |
| 2024 | $183,530 | $26,820 | $210,350 | $3,572 |
| 2023 | $159,830 | $23,950 | $183,780 | $3,114 |
| 2022 | $124,500 | $19,010 | $143,510 | $3,020 |
| 2021 | $124,500 | $19,010 | $143,510 | $3,050 |
| 2020 | $116,740 | $17,420 | $134,160 | $2,828 |
| 2019 | $116,740 | $17,420 | $134,160 | $2,774 |
| 2018 | $111,560 | $17,420 | $128,980 | $2,656 |
| 2017 | $111,560 | $17,420 | $128,980 | $2,896 |
| 2016 | $128,480 | $9,430 | $137,910 | $2,848 |
| 2015 | $128,480 | $9,430 | $137,910 | $2,904 |
| 2014 | $128,480 | $9,430 | $137,910 | $2,744 |
| 2013 | $128,480 | $9,430 | $137,910 | $2,630 |
| 2012 | $128,480 | $9,430 | $137,910 | $2,616 |
| 2011 | $128,480 | $9,430 | $137,910 | $2,346 |
| 2007 | $125,893 | $9,235 | $135,128 | $2,098 |
Property facts
Year built
1916
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,487 sqft
Lot size
16,683 sqft
ZIP code
50644
City
Independence
Street
2nd Ave
Coordinates
42.46501, -91.89463
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 2nd Ave last sell?
506 2nd Ave most recently sold on Jun 17, 2022 for $190,000.
What is the current tax assessment for 506 2nd Ave?
The most recent total assessment for 506 2nd Ave (year 2025) is $210,350 with $3,682 in property tax.
How does 506 2nd Ave's assessment compare to its last sale price?
The current assessment is 10.7% above the last sale price of $190,000.
When was 506 2nd Ave built?
506 2nd Ave was built in 1916.
How does 506 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 506 2nd Ave?
506 2nd Ave is a 5 bed, 4 bath, 2,487 sqft, 16,683 sqft lot single_family.
Is 506 2nd Ave a flip candidate?
No — 506 2nd Ave does not appear in our flips dataset.
Is 506 2nd Ave a tax-appeal candidate?
No — 506 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.7%
Implied 1-yr
-30.7%
2026 Q2
$145.6K
2026 Q3
$123.4K
ZIP 50644 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave