405 Monroe St
Mount Ayr, IA 50854
3 bd 2 ba 1,189 sqft Built 1890 Lot 8,712 sqft single_family
Most recent sale
$38,900
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $38,900 | MLS #6300461 |
| Jul 12, 2022 | Listed | $39,900 | MLS #6300461 |
| Jun 27, 2022 | Listing removed | $47,900 | WestCentralIA |
| May 11, 2021 | Price changed | $47,900 | MLS #5724571 |
| Mar 18, 2021 | Listed | $49,900 | MLS #5724571 |
| Jan 19, 2011 | Sold | $35,000 | Public Record |
| Jan 11, 2010 | Sold | $156,780 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $3,273 | $3,273 | $50 |
| 2024 | — | $3,273 | $3,273 | $50 |
| 2023 | — | $2,482 | $2,482 | $60 |
| 2022 | — | $2,339 | $2,339 | $58 |
| 2021 | $31,734 | $6,600 | $38,334 | $826 |
| 2020 | $29,265 | $5,650 | $34,915 | $820 |
| 2019 | $29,265 | $5,650 | $34,915 | $970 |
| 2018 | $31,130 | $5,610 | $36,740 | $904 |
| 2017 | $31,130 | $5,610 | $36,740 | $874 |
| 2016 | $28,730 | $5,610 | $34,340 | $846 |
| 2015 | $28,730 | $5,610 | $34,340 | $844 |
| 2014 | $28,730 | $5,610 | $34,340 | $824 |
| 2013 | $28,730 | $5,610 | $34,340 | $608 |
| 2012 | $28,730 | $5,610 | $34,340 | $638 |
| 2011 | — | — | $34,460 | $488 |
| 2007 | — | $1,460 | $1,460 | $42 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,189 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Monroe St
Coordinates
40.57279, -94.30095
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
$233
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Monroe St last sell?
405 Monroe St most recently sold on Aug 29, 2022 for $38,900.
What is the current tax assessment for 405 Monroe St?
The most recent total assessment for 405 Monroe St (year 2025) is $3,273 with $50 in property tax.
How does 405 Monroe St's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $38,900.
When was 405 Monroe St built?
405 Monroe St was built in 1890.
How does 405 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 405 Monroe St?
405 Monroe St is a 3 bed, 2 bath, 1,189 sqft, 8,712 sqft lot single_family.
Is 405 Monroe St a flip candidate?
No — 405 Monroe St does not appear in our flips dataset.
Is 405 Monroe St a tax-appeal candidate?
No — 405 Monroe 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
+1.6%
Implied 1-yr
+6.5%
2026 Q1
$126.6K
2026 Q2
$128.5K
ZIP 50854 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe St