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212 Main St

Melbourne, IA 50162

2 bd 1 ba 2,016 sqft Built 1920 Lot 5,227 sqft single_family
Most recent sale
$57,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2024 Sold $122,000 Public Record
Aug 18, 2022 Sold $57,000 Public Record
Aug 5, 2022 Sold $57,000 MLS #6179001
Apr 14, 2022 Listed $75,000 MLS #6179001

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,440 $2,100 $116,540 $1,760
2023 $118,640 $2,100 $120,740 $1,530
2022 $85,920 $2,100 $88,020 $7,668
2021 $85,920 $2,100 $88,020 $1,432
2020 $78,370 $2,100 $80,470 $1,398
2019 $78,370 $2,100 $80,470 $1,304
2018 $72,210 $2,100 $74,310 $1,286
2017 $72,210 $2,100 $74,310 $1,250
2016 $67,970 $2,100 $70,070 $1,204
2015 $67,970 $2,100 $70,070 $1,236
2014 $67,970 $2,100 $70,070 $1,198
2013 $67,970 $2,100 $70,070 $1,166
2012 $72,940 $2,100 $75,040 $1,008
2008 $78,308 $2,275 $80,583 $1,106
2007 $78,308 $2,275 $80,583 $1,076

Property facts

Year built
1920
Property type
single_family
Stories
Beds
2
Baths
1
Living area
2,016 sqft
Lot size
5,227 sqft
ZIP code
50162
City
Melbourne
Street
Main St
Coordinates
41.94273, -93.10369

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$342
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 212 Main St last sell?
212 Main St most recently sold on Aug 18, 2022 for $57,000.
What is the current tax assessment for 212 Main St?
The most recent total assessment for 212 Main St (year 2025) is $116,540 with $1,760 in property tax.
How does 212 Main St's assessment compare to its last sale price?
The current assessment is 104.5% above the last sale price of $57,000.
When was 212 Main St built?
212 Main St was built in 1920.
How does 212 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 212 Main St?
212 Main St is a 2 bed, 1 bath, 2,016 sqft, 5,227 sqft lot single_family.
Is 212 Main St a flip candidate?
Yes — 212 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 212 Main St a tax-appeal candidate?
Yes — 212 Main 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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