408 2nd St
Melcher Dallas, IA 50163
3 bd 1 ba 988 sqft Built 1971 single_family
Most recent sale
$122,500
Mar 4, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2024 | Sold | $155,000 | DesMoines |
| Mar 20, 2024 | Listed | $160,000 | DesMoines |
| Mar 4, 2021 | Sold | $122,500 | DesMoines |
| Nov 30, 2020 | Price changed | $125,500 | DesMoines |
| Nov 16, 2020 | Price changed | $127,500 | DesMoines |
| Nov 5, 2020 | Price changed | $128,500 | DesMoines |
| Sep 16, 2020 | Listed | $129,900 | DesMoines |
| Aug 24, 2006 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $146,020 | $12,100 | $158,120 | $1,964 |
| 2024 | $146,020 | $12,100 | $158,120 | $2,070 |
| 2022 | $90,750 | $10,990 | $101,740 | $1,952 |
| 2021 | $85,610 | $10,370 | $95,980 | $622 |
| 2020 | $36,290 | $10,370 | $46,660 | $694 |
| 2019 | $36,290 | $10,370 | $46,660 | $566 |
| 2018 | $34,120 | $3,020 | $37,140 | $600 |
| 2017 | $34,120 | $3,020 | $37,140 | $548 |
| 2016 | $32,790 | $3,020 | $35,810 | $512 |
| 2015 | $31,470 | $3,020 | $34,490 | $442 |
| 2014 | $28,040 | $3,020 | $31,060 | $426 |
| 2013 | $28,040 | $3,020 | $31,060 | $498 |
| 2012 | $31,710 | $3,020 | $34,730 | $484 |
| 2009 | — | — | $40,550 | $556 |
| 2008 | — | — | $41,650 | $486 |
Property facts
Year built
1971
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
988 sqft
Lot size
—
ZIP code
50163
City
Melcher Dallas
Street
2nd St
Coordinates
41.21938, -93.23864
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$735
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 408 2nd St last sell?
408 2nd St most recently sold on Mar 4, 2021 for $122,500.
What is the current tax assessment for 408 2nd St?
The most recent total assessment for 408 2nd St (year 2025) is $158,120 with $1,964 in property tax.
How does 408 2nd St's assessment compare to its last sale price?
The current assessment is 29.1% above the last sale price of $122,500.
When was 408 2nd St built?
408 2nd St was built in 1971.
How does 408 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 408 2nd St?
408 2nd St is a 3 bed, 1 bath, 988 sqft single_family.
Is 408 2nd St a flip candidate?
No — 408 2nd St does not appear in our flips dataset.
Is 408 2nd St a tax-appeal candidate?
No — 408 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.5%
Implied 1-yr
+14.0%
2026 Q1
$160.7K
2026 Q2
$165.3K
ZIP 50163 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St