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116 2nd St

Melcher Dallas, IA 50062

2 bd 1 ba 988 sqft Built 1930 Lot 6,970 sqft single_family
Most recent sale
$84,500
Jan 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 26, 2022 Sold $84,500 MLS #641603
Dec 7, 2021 Price changed $84,500 MLS #641603
Nov 23, 2021 Price changed $89,900 MLS #641603
Nov 15, 2021 Listed $94,900 MLS #641603
Dec 7, 2017 Sold $68,000 MLS #548370
Sep 22, 2017 Listed $75,000 MLS #548370
Oct 13, 2015 Listing removed $50,000 DesMoines
Aug 7, 2015 Price changed $50,000 MLS #457294
Jul 27, 2015 Price changed $51,500 MLS #457294
Jul 9, 2015 Price changed $52,500 MLS #457294
Jun 26, 2015 Listed $54,500 MLS #457294
Jul 11, 2013 Sold $31,500 MLS #5372825
Jun 25, 2013 Listing removed $39,000 KnoxvilleIA
May 21, 2013 Listed $39,000 MLS #21233

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,810 $7,000 $116,810 $1,778
2024 $109,810 $7,000 $116,810 $1,718
2022 $74,020 $6,360 $80,380 $1,454
2021 $65,460 $6,000 $71,460 $1,210
2020 $61,800 $6,000 $67,800 $1,364
2019 $61,800 $6,000 $67,800 $1,366
2018 $59,490 $1,750 $61,240 $1,256
2017 $59,490 $1,750 $61,240 $1,086
2016 $54,460 $1,750 $56,210 $1,084
2015 $54,460 $1,750 $56,210 $986
2014 $49,490 $1,750 $51,240 $756
2013 $43,780 $1,750 $45,530 $872
2012 $49,610 $1,750 $51,360 $826
2009 $56,080 $798
2008 $54,640 $704

Property facts

Year built
1930
Property type
single_family
Stories
Beds
2
Baths
1
Living area
988 sqft
Lot size
6,970 sqft
ZIP code
50062
City
Melcher Dallas
Street
2nd St
Coordinates
41.22262, -93.24410

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
$507
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 116 2nd St last sell?
116 2nd St most recently sold on Jan 26, 2022 for $84,500.
What is the current tax assessment for 116 2nd St?
The most recent total assessment for 116 2nd St (year 2025) is $116,810 with $1,778 in property tax.
How does 116 2nd St's assessment compare to its last sale price?
The current assessment is 38.2% above the last sale price of $84,500.
When was 116 2nd St built?
116 2nd St was built in 1930.
How does 116 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 116 2nd St?
116 2nd St is a 2 bed, 1 bath, 988 sqft, 6,970 sqft lot single_family.
Is 116 2nd St a flip candidate?
No — 116 2nd St does not appear in our flips dataset.
Is 116 2nd St a tax-appeal candidate?
Yes — 116 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
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$251.2K
2026 Q4
$258.9K
ZIP 50062 — Median Price History + Forecast

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