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501 South St

Lynnville, IA 50153

4 bd 1 ba 904 sqft Built 1978 Lot 8,712 sqft single_family
Most recent sale
$140,000
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2021 Sold $140,000 MLS #635300

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,070 $9,900 $165,970 $2,036
2024 $156,070 $9,900 $165,970 $2,012
2023 $138,430 $9,900 $148,330 $1,716
2022 $96,470 $9,900 $106,370 $1,380
2021 $84,250 $9,900 $94,150 $1,382
2020 $82,410 $6,930 $89,340 $1,356
2019 $82,410 $6,930 $89,340 $1,254
2018 $71,600 $6,300 $77,900 $1,206
2017 $71,600 $6,300 $77,900 $1,246
2015 $71,600 $6,300 $77,900 $1,190
2014 $71,600 $6,300 $77,900 $1,092
2013 $71,600 $6,300 $77,900 $1,110
2012 $75,090 $6,300 $81,390 $1,140
2011 $75,090 $6,300 $81,390 $1,162

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
904 sqft
Lot size
8,712 sqft
ZIP code
50153
City
Lynnville
Street
South St
Coordinates
41.57880, -92.78541

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
$1,356
Gross rental yield
11.62%
Implied cap rate
7.55%
Trend-extrapolated value

Frequently asked questions

When did 501 South St last sell?
501 South St most recently sold on Nov 10, 2021 for $140,000.
What is the current tax assessment for 501 South St?
The most recent total assessment for 501 South St (year 2025) is $165,970 with $2,036 in property tax.
How does 501 South St's assessment compare to its last sale price?
The current assessment is 18.6% above the last sale price of $140,000.
When was 501 South St built?
501 South St was built in 1978.
How does 501 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 501 South St?
501 South St is a 4 bed, 1 bath, 904 sqft, 8,712 sqft lot single_family.
Is 501 South St a flip candidate?
No — 501 South St does not appear in our flips dataset.
Is 501 South St a tax-appeal candidate?
Yes — 501 South St 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
+12.4%
Implied 1-yr
+49.7%
2026 Q3
$18.65M
2026 Q4
$19.93M
ZIP 50153 — Median Price History + Forecast

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