305 4th Ave
Lake Mills, IA 50450
2 bd 2 ba 1,456 sqft Built 1890 Lot 11,761 sqft multi_family
Most recent sale
$60,000
Dec 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 5, 2022 | Sold | $60,000 | NoCoastMLS |
| Oct 18, 2022 | Listed | $65,000 | NorthIowa |
| Sep 26, 2022 | Sold | $35,000 | Public Record |
| Nov 30, 2020 | Sold | $35,000 | Public Record |
| Jul 9, 2014 | Sold | $37,500 | Public Record |
| Nov 20, 2007 | Sold | $45,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,090 | $17,270 | $57,360 | $1,246 |
| 2024 | $40,090 | $17,270 | $57,360 | $1,192 |
| 2023 | $55,190 | $16,550 | $71,740 | $938 |
| 2022 | $32,770 | $14,450 | $47,220 | $844 |
| 2021 | $32,770 | $14,450 | $47,220 | $884 |
| 2020 | $31,210 | $13,760 | $44,970 | $890 |
| 2019 | $31,210 | $13,760 | $44,970 | $896 |
| 2018 | $29,720 | $13,100 | $42,820 | $862 |
| 2017 | $29,720 | $13,100 | $42,820 | $778 |
| 2016 | $28,300 | $10,920 | $39,220 | $730 |
| 2015 | $28,300 | $10,920 | $39,220 | $682 |
| 2014 | $26,950 | $10,400 | $37,350 | $666 |
| 2013 | $26,950 | $10,400 | $37,350 | $644 |
| 2012 | $26,950 | $10,400 | $37,350 | $650 |
| 2011 | $26,950 | $10,400 | $37,350 | $658 |
| 2008 | $26,950 | $10,400 | $37,350 | $630 |
Property facts
Year built
1890
Property type
multi_family
Stories
—
Beds
2
Baths
2
Living area
1,456 sqft
Lot size
11,761 sqft
ZIP code
50450
City
Lake Mills
Street
4th Ave
Coordinates
43.41583, -93.52941
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
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 305 4th Ave last sell?
305 4th Ave most recently sold on Dec 5, 2022 for $60,000.
What is the current tax assessment for 305 4th Ave?
The most recent total assessment for 305 4th Ave (year 2025) is $57,360 with $1,246 in property tax.
How does 305 4th Ave's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $60,000.
When was 305 4th Ave built?
305 4th Ave was built in 1890.
How does 305 4th Ave compare to others on 4th Ave?
We track 8 other properties on 4th Ave. Browse the list under "Other properties on 4th Ave" to compare beds, baths, and sale history.
What are the property facts for 305 4th Ave?
305 4th Ave is a 2 bed, 2 bath, 1,456 sqft, 11,761 sqft lot multi_family.
Is 305 4th Ave a flip candidate?
Yes — 305 4th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 305 4th Ave a tax-appeal candidate?
No — 305 4th 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
+6.9%
Implied 1-yr
+27.5%
2025 Q3
$240K
2025 Q4
$240K
ZIP 50450 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 4th Ave