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115 Mechanic St

Ossian, IA 52161

2 bd 1 ba 1,084 sqft Built 1910 Lot 5,227 sqft single_family
Most recent sale
$110,000
Apr 4, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2024 Sold $110,000 NorthEastIARegional
Nov 7, 2023 Price changed $119,000 NorthEastIARegional
Oct 10, 2023 Listed $129,000 NorthEastIARegional
Nov 30, 2022 Sold $72,750 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,530 $7,200 $111,730 $1,580
2024 $104,530 $7,200 $111,730 $1,522
2023 $82,680 $7,200 $89,880 $1,322
2022 $72,240 $6,000 $78,240 $1,278
2021 $71,880 $6,000 $77,880 $1,242
2020 $67,480 $6,000 $73,480 $1,214
2019 $67,480 $6,000 $73,480 $1,242
2018 $67,480 $6,000 $73,480 $1,204
2017 $67,480 $6,000 $73,480 $1,102
2016 $60,650 $5,400 $66,050 $1,062
2015 $60,650 $5,400 $66,050 $1,010
2014 $57,080 $5,400 $62,480 $982
2013 $57,080 $5,400 $62,480 $874
2012 $52,850 $5,400 $58,250 $888
2011 $52,850 $5,400 $58,250 $926
2008 $59,050 $798
2004 $54,680 $756

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,084 sqft
Lot size
5,227 sqft
ZIP code
52161
City
Ossian
Street
Mechanic St
Coordinates
43.14620, -91.76282

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 115 Mechanic St last sell?
115 Mechanic St most recently sold on Apr 4, 2024 for $110,000.
What is the current tax assessment for 115 Mechanic St?
The most recent total assessment for 115 Mechanic St (year 2025) is $111,730 with $1,580 in property tax.
How does 115 Mechanic St's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $110,000.
When was 115 Mechanic St built?
115 Mechanic St was built in 1910.
How does 115 Mechanic St compare to others on Mechanic St?
We track 3 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 115 Mechanic St?
115 Mechanic St is a 2 bed, 1 bath, 1,084 sqft, 5,227 sqft lot single_family.
Is 115 Mechanic St a flip candidate?
Yes — 115 Mechanic St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 115 Mechanic St a tax-appeal candidate?
No — 115 Mechanic 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
+2.6%
Implied 1-yr
+10.5%
2026 Q1
$161.9K
2026 Q2
$165.6K
ZIP 52161 — Median Price History + Forecast

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