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109 4th St

Melbourne, IA 50162

3 bd 1 ba 1,134 sqft Built 1900 Lot 6,534 sqft single_family
Most recent sale
$41,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Listing removed $75,000 NoCoastMLS
Sep 27, 2022 Sold $41,000 MLS #6301254
Aug 4, 2022 Listed $54,900 MLS #6301254
Jul 26, 2022 Listing removed $75,000 MidIowaRegional
Jan 17, 2022 Listed $75,000 MLS #6142891
Dec 6, 2021 Listed $75,000 MLS #642694
Jun 22, 2006 Sold $27,000 Public Record
Jan 1, 2006 Sold $50,000 Public Record
Jan 1, 1999 Sold $27,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,450 $3,840 $54,290 $682
2023 $42,980 $3,840 $46,820 $1,000
2022 $53,710 $3,840 $57,550 $982
2021 $53,710 $3,840 $57,550 $916
2020 $47,650 $3,840 $51,490 $894
2019 $47,650 $3,840 $51,490 $840
2018 $44,070 $3,840 $47,910 $830
2017 $44,070 $3,840 $47,910 $848
2016 $43,720 $3,840 $47,560 $818
2015 $43,720 $3,840 $47,560 $840
2014 $43,720 $3,840 $47,560 $814
2013 $43,720 $3,840 $47,560 $780
2012 $46,290 $3,840 $50,130 $748
2008 $47,111 $3,957 $51,068 $806
2007 $49,064 $3,957 $53,021 $786

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,134 sqft
Lot size
6,534 sqft
ZIP code
50162
City
Melbourne
Street
4th St
Coordinates
41.94141, -93.10374

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$246
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 109 4th St last sell?
109 4th St most recently sold on Sep 27, 2022 for $41,000.
What is the current tax assessment for 109 4th St?
The most recent total assessment for 109 4th St (year 2025) is $54,290 with $682 in property tax.
How does 109 4th St's assessment compare to its last sale price?
The current assessment is 32.4% above the last sale price of $41,000.
When was 109 4th St built?
109 4th St was built in 1900.
How does 109 4th St compare to others on 4th St?
We track 4 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 109 4th St?
109 4th St is a 3 bed, 1 bath, 1,134 sqft, 6,534 sqft lot single_family.
Is 109 4th St a flip candidate?
No — 109 4th St does not appear in our flips dataset.
Is 109 4th St a tax-appeal candidate?
Yes — 109 4th 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
+0.0%
Implied 1-yr
+0.2%
2026 Q1
$180K
2026 Q2
$180.1K
ZIP 50162 — Median Price History + Forecast

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