503 Madison St
Mount Pleasant, IA 52641
3 bd 1 ba 1,120 sqft Built 1947 Lot 5,663 sqft single_family
Most recent sale
$42,000
Apr 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 20, 2022 | Sold | $42,000 | MLS #6144588 |
| Jan 22, 2022 | Listed | $42,000 | MLS #6144588 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $69,190 | $11,500 | $80,690 | $1,364 |
| 2024 | $69,190 | $11,500 | $80,690 | $1,292 |
| 2023 | $62,630 | $11,500 | $74,130 | $1,426 |
| 2022 | $54,970 | $11,500 | $66,470 | $1,202 |
| 2021 | $54,970 | $11,500 | $66,470 | $1,184 |
| 2020 | $51,740 | $11,500 | $63,240 | $1,160 |
| 2019 | $51,740 | $11,500 | $63,240 | $1,054 |
| 2018 | $48,610 | $8,940 | $57,550 | $1,010 |
| 2015 | $44,840 | $8,940 | $53,780 | $1,136 |
| 2014 | $54,760 | $8,690 | $63,450 | $1,094 |
| 2013 | $54,760 | $8,690 | $63,450 | $1,054 |
| 2012 | $54,760 | $8,690 | $63,450 | $1,060 |
| 2008 | $54,760 | $8,690 | $63,450 | $886 |
| 2005 | — | — | $58,050 | $838 |
Property facts
Year built
1947
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,120 sqft
Lot size
5,663 sqft
ZIP code
52641
City
Mount Pleasant
Street
Madison St
Coordinates
40.96840, -91.55897
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
$252
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Madison St last sell?
503 Madison St most recently sold on Apr 20, 2022 for $42,000.
What is the current tax assessment for 503 Madison St?
The most recent total assessment for 503 Madison St (year 2025) is $80,690 with $1,364 in property tax.
How does 503 Madison St's assessment compare to its last sale price?
The current assessment is 92.1% above the last sale price of $42,000.
When was 503 Madison St built?
503 Madison St was built in 1947.
How does 503 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 503 Madison St?
503 Madison St is a 3 bed, 1 bath, 1,120 sqft, 5,663 sqft lot single_family.
Is 503 Madison St a flip candidate?
No — 503 Madison St does not appear in our flips dataset.
Is 503 Madison St a tax-appeal candidate?
Yes — 503 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 valuationQuarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$184.2K
2026 Q4
$186K
ZIP 52641 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St