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502 Main St

Melcher Dallas, IA 50062

3 bd 3 ba 1,136 sqft Built 1917 Lot 18,857 sqft single_family
Most recent sale
$111,900
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2026 Sold $177,000 NoCoastMLS
Feb 4, 2026 Price changed $179,900 DesMoines
Dec 17, 2025 Price changed $189,900 DesMoines
Dec 4, 2025 Listed $195,000 DesMoines
Jul 15, 2022 Sold $111,900 MLS #653066
May 31, 2022 Listed $109,900 MLS #653066
Apr 23, 2016 Listing removed $55,000 DesMoines
Dec 22, 2015 Listed $55,000 MLS #509337
Apr 3, 2006 Sold $36,160 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,920 $18,590 $171,510 $2,620
2024 $152,920 $18,590 $171,510 $2,534
2022 $56,580 $16,900 $73,480 $1,238
2021 $53,380 $15,940 $69,320 $1,030
2020 $50,390 $15,940 $66,330 $1,156
2019 $50,390 $15,940 $66,330 $938
2018 $45,910 $4,650 $50,560 $998
2017 $45,810 $4,650 $50,460 $914
2016 $44,030 $4,650 $48,680 $912
2015 $44,030 $4,650 $48,680 $806
2014 $38,830 $4,650 $43,480 $786
2013 $38,830 $4,650 $43,480 $876
2012 $43,380 $4,650 $48,030 $832

Property facts

Year built
1917
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,136 sqft
Lot size
18,857 sqft
ZIP code
50062
City
Melcher Dallas
Street
Main St
Coordinates
41.21877, -93.24155

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
$671
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 Main St last sell?
502 Main St most recently sold on Jul 15, 2022 for $111,900.
What is the current tax assessment for 502 Main St?
The most recent total assessment for 502 Main St (year 2025) is $171,510 with $2,620 in property tax.
How does 502 Main St's assessment compare to its last sale price?
The current assessment is 53.3% above the last sale price of $111,900.
When was 502 Main St built?
502 Main St was built in 1917.
How does 502 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 502 Main St?
502 Main St is a 3 bed, 3 bath, 1,136 sqft, 18,857 sqft lot single_family.
Is 502 Main St a flip candidate?
No — 502 Main St does not appear in our flips dataset.
Is 502 Main St a tax-appeal candidate?
No — 502 Main 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
+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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