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109 2nd St

Melcher Dallas, IA 50163

2 bd 1 ba 694 sqft Built 1920 Lot 5,200 sqft single_family
Most recent sale
$79,000
Feb 25, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Price changed $112,500 DesMoines
Mar 11, 2024 Listed $115,000 DesMoines
Feb 25, 2021 Sold $79,000 DesMoines
Nov 20, 2020 Price changed $89,900 DesMoines
Nov 6, 2020 Listed $92,500 DesMoines
Jun 1, 2020 Sold $15,000 DesMoines
Mar 12, 2020 Price changed $29,900 DesMoines
Feb 17, 2020 Listed $32,500 DesMoines
May 11, 2010 Listing removed $23,500 KnoxvilleIA
Apr 13, 2010 Listing removed $23,500 KnoxvilleIA
Apr 12, 2010 Listed $23,500 KnoxvilleIA
Oct 12, 2009 Listed $23,500 KnoxvilleIA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,190 $6,300 $107,490 $988
2024 $101,190 $6,300 $107,490 $982
2022 $49,080 $5,720 $54,800 $880
2021 $46,300 $5,400 $51,700 $342
2020 $22,370 $5,400 $27,770 $558
2019 $22,370 $5,400 $27,770 $490
2018 $20,420 $1,580 $22,000 $502
2017 $19,400 $1,580 $20,980 $460
2016 $18,650 $1,580 $20,230 $462
2015 $18,650 $1,580 $20,230 $416
2014 $16,360 $1,580 $17,940 $408
2013 $16,360 $1,580 $17,940 $448
2012 $18,280 $1,580 $19,860 $408
2009 $20,870 $250
2008 $20,650 $342

Property facts

Year built
1920
Property type
single_family
Stories
Beds
2
Baths
1
Living area
694 sqft
Lot size
5,200 sqft
ZIP code
50163
City
Melcher Dallas
Street
2nd St
Coordinates
41.22439, -93.23952

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$474
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 109 2nd St last sell?
109 2nd St most recently sold on Feb 25, 2021 for $79,000.
What is the current tax assessment for 109 2nd St?
The most recent total assessment for 109 2nd St (year 2025) is $107,490 with $988 in property tax.
How does 109 2nd St's assessment compare to its last sale price?
The current assessment is 36.1% above the last sale price of $79,000.
When was 109 2nd St built?
109 2nd St was built in 1920.
How does 109 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 109 2nd St?
109 2nd St is a 2 bed, 1 bath, 694 sqft, 5,200 sqft lot single_family.
Is 109 2nd St a flip candidate?
Yes — 109 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 109 2nd St a tax-appeal candidate?
Yes — 109 2nd 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
+3.5%
Implied 1-yr
+14.0%
2026 Q1
$160.7K
2026 Q2
$165.3K
ZIP 50163 — Median Price History + Forecast

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