508 Madison St
Marshalltown, IA 50158
2 bd 2 ba 1,606 sqft Built 1925 Lot 10,890 sqft single_family
Most recent sale
$58,500
Jan 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 12, 2022 | Sold | $58,500 | MLS #6129938 |
| Nov 22, 2021 | Listed | $59,900 | MLS #6129938 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $59,050 | $15,160 | $74,210 | $1,094 |
| 2023 | $51,680 | $15,160 | $66,840 | $1,078 |
| 2022 | $49,880 | $7,160 | $57,040 | $918 |
| 2021 | $49,170 | $7,160 | $56,330 | $892 |
| 2020 | $45,840 | $7,160 | $53,000 | $862 |
| 2019 | $45,840 | $7,160 | $53,000 | $814 |
| 2018 | $42,790 | $7,160 | $49,950 | $788 |
| 2017 | $42,790 | $7,160 | $49,950 | $820 |
| 2016 | $42,370 | $7,160 | $49,530 | $804 |
| 2015 | $42,370 | $7,160 | $49,530 | $814 |
| 2014 | $42,370 | $7,160 | $49,530 | $784 |
| 2013 | $42,370 | $7,160 | $49,530 | $892 |
| 2012 | $49,840 | $7,160 | $57,000 | $890 |
| 2008 | $54,146 | $7,567 | $61,713 | $880 |
| 2007 | $54,146 | $7,567 | $61,713 | $840 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,606 sqft
Lot size
10,890 sqft
ZIP code
50158
City
Marshalltown
Street
Madison St
Coordinates
42.04267, -92.92191
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$351
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 508 Madison St last sell?
508 Madison St most recently sold on Jan 12, 2022 for $58,500.
What is the current tax assessment for 508 Madison St?
The most recent total assessment for 508 Madison St (year 2025) is $74,210 with $1,094 in property tax.
How does 508 Madison St's assessment compare to its last sale price?
The current assessment is 26.9% above the last sale price of $58,500.
When was 508 Madison St built?
508 Madison St was built in 1925.
How does 508 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 508 Madison St?
508 Madison St is a 2 bed, 2 bath, 1,606 sqft, 10,890 sqft lot single_family.
Is 508 Madison St a flip candidate?
No — 508 Madison St does not appear in our flips dataset.
Is 508 Madison St a tax-appeal candidate?
Yes — 508 Madison 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 valuationQuarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$203.8K
2026 Q4
$208.8K
ZIP 50158 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St