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1407 285th Ln

Madrid, IA 50156

4 bd 3 ba 1,232 sqft Built 2004 Lot 59,242 sqft single_family
Most recent sale
$346,000
Nov 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2022 Sold $346,000 DesMoines
Oct 5, 2022 Listed $345,000 DesMoines
Aug 12, 2020 Sold $265,000 DesMoines
Jul 6, 2020 Listed $270,000 DesMoines
Jan 24, 2017 Sold $223,000 DesMoines
Nov 22, 2016 Listed $224,900 DesMoines
Jun 15, 2015 Sold $215,000 CentralIowa
Jun 5, 2015 Sold $215,000 DesMoines
Mar 26, 2015 Listed $215,000 DesMoines
Mar 24, 2015 Listed $215,000 CentralIowa
Nov 19, 2013 Listing removed $219,000 DesMoines
Oct 16, 2013 Listing removed $219,000 CentralIowa
Sep 18, 2013 Listed $219,000 CentralIowa

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $280,270 $54,000 $334,270 $3,142
2024 $280,270 $54,000 $334,270 $2,954
2023 $291,307 $52,000 $343,307 $2,442
2022 $193,881 $52,000 $245,881 $2,380
2021 $193,881 $52,000 $245,881 $2,366
2020 $169,783 $52,000 $221,783 $2,510
2019 $169,783 $52,000 $221,783 $2,662
2018 $167,316 $52,000 $219,316 $2,380
2017 $167,316 $52,000 $219,316 $2,352
2016 $161,521 $52,000 $213,521 $1,886
2015 $147,853 $26,710 $174,563 $1,756
2014 $147,853 $26,710 $174,563 $1,874
2013 $147,853 $26,710 $174,563 $1,934
2012 $147,853 $26,710 $174,563 $1,900
2010 $147,853 $26,710 $174,563 $1,652
2009 $147,853 $26,710 $174,563 $1,492
2007 $147,853 $26,710 $174,563 $1,462
2004 $138,159 $25,198 $163,357 $6

Property facts

Year built
2004
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,232 sqft
Lot size
59,242 sqft
ZIP code
50156
City
Madrid
Street
285th Ln
Coordinates
41.94311, -93.89351

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,848
Gross rental yield
6.41%
Implied cap rate
4.17%
Trend-extrapolated value

Frequently asked questions

When did 1407 285th Ln last sell?
1407 285th Ln most recently sold on Nov 28, 2022 for $346,000.
What is the current tax assessment for 1407 285th Ln?
The most recent total assessment for 1407 285th Ln (year 2025) is $334,270 with $3,142 in property tax.
How does 1407 285th Ln's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $346,000.
When was 1407 285th Ln built?
1407 285th Ln was built in 2004.
How does 1407 285th Ln compare to others on 285th Ln?
We do not currently track other properties on 285th Ln.
What are the property facts for 1407 285th Ln?
1407 285th Ln is a 4 bed, 3 bath, 1,232 sqft, 59,242 sqft lot single_family.
Is 1407 285th Ln a flip candidate?
No — 1407 285th Ln does not appear in our flips dataset.
Is 1407 285th Ln a tax-appeal candidate?
No — 1407 285th Ln 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
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$502.5K
2026 Q4
$521.5K
ZIP 50156 — Median Price History + Forecast

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