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408 Main St

Mount Pleasant, IA 52641

3 bd 2 ba 2,601 sqft Built 1929 Lot 10,962 sqft single_family
Most recent sale
$227,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 4, 2024 Sold $225,500 Public Record
Aug 22, 2022 Sold $227,000 MLS #6217767
Jun 14, 2022 Listed $229,900 MLS #6217767
Aug 21, 2020 Sold $198,000 MLS #5611292
Oct 31, 2018 Sold $175,000 Public Record
Oct 31, 2018 Listing removed $182,500 SouthEastIowa
Oct 30, 2018 Sold $175,000 MLS #5358135
Jul 27, 2018 Listed $182,500 MLS #20170894

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,820 $14,880 $186,700 $2,660
2024 $171,820 $14,880 $186,700 $2,938
2023 $153,670 $14,880 $168,550 $3,046
2022 $127,200 $14,880 $142,080 $2,970
2021 $127,200 $14,880 $142,080 $2,730
2020 $119,720 $14,880 $134,600 $2,682
2019 $119,720 $14,880 $134,600 $2,606
2018 $116,500 $13,230 $129,730 $2,502
2015 $103,140 $13,230 $116,370 $2,326
2014 $109,580 $11,250 $120,830 $2,246
2013 $109,580 $11,250 $120,830 $1,932
2012 $97,400 $11,250 $108,650 $1,916
2008 $97,400 $11,250 $108,650 $1,622

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,601 sqft
Lot size
10,962 sqft
ZIP code
52641
City
Mount Pleasant
Street
Main St
Coordinates
40.97053, -91.55205

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
$1,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Main St last sell?
408 Main St most recently sold on Aug 22, 2022 for $227,000.
What is the current tax assessment for 408 Main St?
The most recent total assessment for 408 Main St (year 2025) is $186,700 with $2,660 in property tax.
How does 408 Main St's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $227,000.
When was 408 Main St built?
408 Main St was built in 1929.
How does 408 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 408 Main St?
408 Main St is a 3 bed, 2 bath, 2,601 sqft, 10,962 sqft lot single_family.
Is 408 Main St a flip candidate?
No — 408 Main St does not appear in our flips dataset.
Is 408 Main St a tax-appeal candidate?
No — 408 Main 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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