503 Main St
Melcher Dallas, IA 50062
3 bd 1 ba 960 sqft Built 1975 Lot 10,454 sqft single_family
Most recent sale
$70,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $70,000 | MLS #659108 |
| Aug 29, 2022 | Listed | $70,000 | MLS #659108 |
| Mar 21, 2014 | Sold | $60,900 | MLS #5374252 |
| Nov 11, 2013 | Listed | $60,900 | MLS #502246 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $81,550 | $9,410 | $90,960 | $1,542 |
| 2020 | $76,980 | $9,410 | $86,390 | $1,736 |
| 2019 | $76,980 | $9,410 | $86,390 | $1,790 |
| 2017 | $72,110 | $8,230 | $80,340 | $1,764 |
| 2016 | $69,310 | $8,230 | $77,540 | $1,768 |
| 2015 | $69,310 | $8,230 | $77,540 | $1,630 |
| 2014 | $62,100 | $8,230 | $70,330 | $1,398 |
| 2013 | $62,100 | $8,230 | $70,330 | $1,544 |
| 2012 | $69,450 | $8,230 | $77,680 | $1,094 |
| 2009 | — | — | $79,310 | $1,214 |
| 2008 | — | — | $84,050 | $1,044 |
Property facts
Year built
1975
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
960 sqft
Lot size
10,454 sqft
ZIP code
50062
City
Melcher Dallas
Street
Main St
Coordinates
41.21856, -93.24229
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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Main St last sell?
503 Main St most recently sold on Sep 23, 2022 for $70,000.
What is the current tax assessment for 503 Main St?
The most recent total assessment for 503 Main St (year 2021) is $90,960 with $1,542 in property tax.
How does 503 Main St's assessment compare to its last sale price?
The current assessment is 29.9% above the last sale price of $70,000.
When was 503 Main St built?
503 Main St was built in 1975.
How does 503 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 503 Main St?
503 Main St is a 3 bed, 1 bath, 960 sqft, 10,454 sqft lot single_family.
Is 503 Main St a flip candidate?
No — 503 Main St does not appear in our flips dataset.
Is 503 Main St a tax-appeal candidate?
Yes — 503 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 valuationQuarterly trend
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$251.2K
2026 Q4
$258.9K
ZIP 50062 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St