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402 Adams St

Mount Ayr, IA 50854

2 bd 1 ba 1,008 sqft Built 1960 Lot 8,712 sqft single_family
Most recent sale
$60,500
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2026 Listed $87,900 NoCoastMLS
Jun 27, 2022 Sold $60,500 MLS #6152172
Apr 26, 2022 Price changed $68,500 MLS #6152172
Feb 28, 2022 Price changed $64,500 MLS #6152172
Feb 12, 2022 Listed $68,500 MLS #6152172
Sep 20, 2004 Sold $31,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $62,459 $7,920 $70,379 $990
2024 $62,459 $7,920 $70,379 $968
2023 $53,219 $6,600 $59,819 $632
2022 $30,351 $6,600 $36,951 $796
2021 $30,351 $6,600 $36,951 $852
2020 $30,329 $5,650 $35,979 $846
2019 $30,329 $5,650 $35,979 $962
2018 $30,810 $5,610 $36,420 $896
2017 $30,810 $5,610 $36,420 $866
2016 $28,440 $5,610 $34,050 $840
2015 $28,440 $5,610 $34,050 $838
2014 $28,440 $5,610 $34,050 $818
2013 $28,440 $5,610 $34,050 $822
2012 $28,440 $5,610 $34,050 $838
2011 $35,470 $682
2007 $28,030 $5,612 $33,642 $682

Property facts

Year built
1960
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,008 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Adams St
Coordinates
40.71600, -94.24174

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
$363
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 402 Adams St last sell?
402 Adams St most recently sold on Jun 27, 2022 for $60,500.
What is the current tax assessment for 402 Adams St?
The most recent total assessment for 402 Adams St (year 2025) is $70,379 with $990 in property tax.
How does 402 Adams St's assessment compare to its last sale price?
The current assessment is 16.3% above the last sale price of $60,500.
When was 402 Adams St built?
402 Adams St was built in 1960.
How does 402 Adams St compare to others on Adams St?
We track 8 other properties on Adams St. Browse the list under "Other properties on Adams St" to compare beds, baths, and sale history.
What are the property facts for 402 Adams St?
402 Adams St is a 2 bed, 1 bath, 1,008 sqft, 8,712 sqft lot single_family.
Is 402 Adams St a flip candidate?
No — 402 Adams St does not appear in our flips dataset.
Is 402 Adams St a tax-appeal candidate?
Yes — 402 Adams 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
+1.6%
Implied 1-yr
+6.5%
2026 Q1
$126.6K
2026 Q2
$128.5K
ZIP 50854 — Median Price History + Forecast

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