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205 Madison St

Mount Ayr, IA 50854

3 bd 3 ba 1,379 sqft Built 1930 Lot 8,712 sqft single_family
Most recent sale
$110,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $110,000 MLS #6143573
Jan 19, 2022 Listed $110,000 MLS #6143573
Jun 1, 2020 Sold $100,000 MLS #5502096
Oct 5, 2015 Sold $89,000 Public Record
Oct 1, 1987 Sold $22,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,592 $7,920 $130,512 $2,158
2024 $122,592 $7,920 $130,512 $2,122
2023 $101,535 $6,600 $108,135 $1,752
2022 $71,141 $6,600 $77,741 $1,674
2021 $71,141 $6,600 $77,741 $1,668
2020 $64,883 $5,650 $70,533 $1,450
2019 $64,883 $5,650 $70,533 $1,518
2018 $60,350 $5,610 $65,960 $1,408
2017 $60,350 $5,610 $65,960 $1,344
2016 $55,750 $5,610 $61,360 $1,298
2015 $55,750 $5,610 $61,360 $1,208
2014 $52,220 $5,610 $57,830 $1,176
2013 $52,220 $5,610 $57,830 $1,174
2012 $52,220 $5,610 $57,830 $1,196
2011 $58,110 $978
2007 $50,570 $5,610 $56,180 $978

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,379 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Madison St
Coordinates
40.71452, -94.23954

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
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 205 Madison St last sell?
205 Madison St most recently sold on Mar 21, 2022 for $110,000.
What is the current tax assessment for 205 Madison St?
The most recent total assessment for 205 Madison St (year 2025) is $130,512 with $2,158 in property tax.
How does 205 Madison St's assessment compare to its last sale price?
The current assessment is 18.6% above the last sale price of $110,000.
When was 205 Madison St built?
205 Madison St was built in 1930.
How does 205 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 205 Madison St?
205 Madison St is a 3 bed, 3 bath, 1,379 sqft, 8,712 sqft lot single_family.
Is 205 Madison St a flip candidate?
No — 205 Madison St does not appear in our flips dataset.
Is 205 Madison St a tax-appeal candidate?
Yes — 205 Madison 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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