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501 Madison St

Mount Pleasant, IA 52641

2 bd 2 ba 984 sqft Built 1958 Lot 6,098 sqft single_family
Most recent sale
$167,500
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $167,500 MLS #6301667
Aug 17, 2022 Listed $169,500 MLS #6301667
Apr 17, 2019 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $150,430 $12,600 $163,030 $2,738
2024 $150,430 $12,600 $163,030 $2,596
2023 $136,340 $12,600 $148,940 $2,432
2022 $113,110 $12,600 $125,710 $2,370
2021 $113,110 $12,600 $125,710 $2,324
2020 $106,460 $12,600 $119,060 $2,280
2019 $106,460 $12,600 $119,060 $2,140
2018 $98,290 $9,800 $108,090 $2,054
2015 $88,280 $9,800 $98,080 $1,916
2014 $91,590 $9,520 $101,110 $1,850
2013 $91,590 $9,520 $101,110 $1,786
2012 $91,590 $9,520 $101,110 $1,774
2008 $91,590 $9,520 $101,110 $1,472

Property facts

Year built
1958
Property type
single_family
Stories
Beds
2
Baths
2
Living area
984 sqft
Lot size
6,098 sqft
ZIP code
52641
City
Mount Pleasant
Street
Madison St
Coordinates
40.96837, -91.55870

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
$1,476
Gross rental yield
10.57%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 501 Madison St last sell?
501 Madison St most recently sold on Oct 14, 2022 for $167,500.
What is the current tax assessment for 501 Madison St?
The most recent total assessment for 501 Madison St (year 2025) is $163,030 with $2,738 in property tax.
How does 501 Madison St's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $167,500.
When was 501 Madison St built?
501 Madison St was built in 1958.
How does 501 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 501 Madison St?
501 Madison St is a 2 bed, 2 bath, 984 sqft, 6,098 sqft lot single_family.
Is 501 Madison St a flip candidate?
No — 501 Madison St does not appear in our flips dataset.
Is 501 Madison St a tax-appeal candidate?
No — 501 Madison 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
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$184.2K
2026 Q4
$186K
ZIP 52641 — Median Price History + Forecast

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