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504 Madison St

Mount Pleasant, IA 52641

4 bd 1 ba 1,408 sqft Built 1900 Lot 5,490 sqft single_family
Most recent sale
$38,750
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $38,750 MLS #5623240
Apr 15, 2022 Price changed $55,000 MLS #5623240
Jul 14, 2021 Price changed $70,000 MLS #5623240
Mar 18, 2021 Listed $75,000 MLS #5623240
Jul 16, 2020 Listed $75,000 MLS #5623240

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $38,970 $10,840 $49,810 $840
2024 $38,970 $10,840 $49,810 $1,108
2023 $34,870 $10,840 $45,710 $836
2022 $28,130 $10,840 $38,970 $814
2021 $28,130 $10,840 $38,970 $808
2020 $26,480 $10,840 $37,320 $796
2019 $26,480 $10,840 $37,320 $702
2018 $24,180 $8,430 $32,610 $674
2015 $21,420 $8,430 $29,850 $826
2014 $31,670 $8,190 $39,860 $800
2013 $31,670 $8,190 $39,860 $774
2012 $31,670 $8,190 $39,860 $1,184
2008 $54,300 $8,190 $62,490 $932
2005 $52,880 $888

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,408 sqft
Lot size
5,490 sqft
ZIP code
52641
City
Mount Pleasant
Street
Madison St
Coordinates
40.96686, -91.54692

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
$233
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 504 Madison St last sell?
504 Madison St most recently sold on Jun 2, 2022 for $38,750.
What is the current tax assessment for 504 Madison St?
The most recent total assessment for 504 Madison St (year 2025) is $49,810 with $840 in property tax.
How does 504 Madison St's assessment compare to its last sale price?
The current assessment is 28.5% above the last sale price of $38,750.
When was 504 Madison St built?
504 Madison St was built in 1900.
How does 504 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 504 Madison St?
504 Madison St is a 4 bed, 1 bath, 1,408 sqft, 5,490 sqft lot single_family.
Is 504 Madison St a flip candidate?
No — 504 Madison St does not appear in our flips dataset.
Is 504 Madison St a tax-appeal candidate?
Yes — 504 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
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$184.2K
2026 Q4
$186K
ZIP 52641 — Median Price History + Forecast

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