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605 4th St

Melbourne, IA 50162

2 bd 2 ba 1,069 sqft Built 1951 Lot 8,276 sqft single_family
Most recent sale
$125,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2025 Sold $134,000 NoCoastMLS
Nov 12, 2024 Price changed $137,000 NoCoastMLS
Sep 24, 2024 Price changed $140,000 NoCoastMLS
Aug 12, 2024 Listed $144,900 NoCoastMLS
Sep 16, 2022 Sold $125,000 Public Record
Sep 15, 2022 Sold $124,900 MLS #6301408
Aug 9, 2022 Listed $124,900 MLS #6301408
Sep 2, 2016 Sold $81,900 MLS #5457253
Jul 18, 2016 Listing removed $81,900 MarshallTown
Jul 14, 2016 Price changed $81,900 MLS #15605
Jun 29, 2016 Price changed $86,000 MLS #15605
Apr 21, 2016 Listed $88,000 MLS #15605
Jan 1, 2007 Sold $80,900 Public Record
Jan 1, 1998 Sold $51,000 Public Record
Jan 1, 1996 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,720 $5,040 $139,760 $1,624
2023 $116,510 $5,040 $121,550 $1,492
2022 $89,680 $5,040 $94,720 $1,462
2021 $89,680 $5,040 $94,720 $1,356
2020 $79,770 $5,040 $84,810 $1,320
2019 $79,770 $5,040 $84,810 $1,230
2018 $73,570 $5,040 $78,610 $1,210
2017 $73,570 $5,040 $78,610 $1,206
2016 $71,090 $5,040 $76,130 $1,158
2015 $71,090 $5,040 $76,130 $1,190
2014 $71,090 $5,040 $76,130 $1,150
2013 $71,090 $5,040 $76,130 $1,102
2012 $75,080 $5,040 $80,120 $1,084
2008 $72,743 $5,193 $77,936 $1,066
2007 $72,743 $5,193 $77,936 $1,016

Property facts

Year built
1951
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,069 sqft
Lot size
8,276 sqft
ZIP code
50162
City
Melbourne
Street
4th St
Coordinates
41.94176, -93.09717

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 605 4th St last sell?
605 4th St most recently sold on Sep 16, 2022 for $125,000.
What is the current tax assessment for 605 4th St?
The most recent total assessment for 605 4th St (year 2025) is $139,760 with $1,624 in property tax.
How does 605 4th St's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $125,000.
When was 605 4th St built?
605 4th St was built in 1951.
How does 605 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 605 4th St?
605 4th St is a 2 bed, 2 bath, 1,069 sqft, 8,276 sqft lot single_family.
Is 605 4th St a flip candidate?
No — 605 4th St does not appear in our flips dataset.
Is 605 4th St a tax-appeal candidate?
No — 605 4th St 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
+0.0%
Implied 1-yr
+0.2%
2026 Q1
$180K
2026 Q2
$180.1K
ZIP 50162 — Median Price History + Forecast

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