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509 Lincoln St

Polk City, IA 50226

3 bd 3 ba 892 sqft Built 1979 Lot 10,019 sqft single_family
Most recent sale
$209,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2025 Sold $190,000 DesMoines
Mar 28, 2022 Sold $209,000 MLS #634524
Nov 3, 2021 Price changed $209,000 MLS #634524
Oct 12, 2021 Price changed $219,000 MLS #634524
Oct 4, 2021 Price changed $232,500 MLS #634524
Aug 12, 2021 Price changed $235,000 MLS #634524
Jul 30, 2021 Listed $240,000 MLS #634524

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,100 $54,500 $222,600 $3,676
2023 $154,700 $49,400 $204,100 $3,590
2022 $129,800 $42,400 $172,200 $3,544
2021 $129,800 $42,400 $172,200 $3,286
2020 $117,400 $38,200 $155,600 $3,224
2019 $117,400 $38,200 $155,600 $3,024
2018 $107,400 $34,100 $141,500 $2,988
2017 $107,400 $34,100 $141,500 $2,666
2016 $98,500 $30,800 $129,300 $2,612
2015 $98,500 $30,800 $129,300 $2,408
2014 $88,100 $28,700 $116,800 $2,104
2013 $88,100 $28,700 $116,800 $2,038
2012 $81,800 $28,700 $110,500 $2,022
2011 $81,800 $28,700 $110,500 $1,870
2010 $84,400 $29,800 $114,200 $1,752
2009 $84,400 $29,800 $114,200 $1,708
2008 $84,400 $29,800 $114,200 $1,708
2007 $84,400 $29,800 $114,200 $1,538

Property facts

Year built
1979
Property type
single_family
Stories
Beds
3
Baths
3
Living area
892 sqft
Lot size
10,019 sqft
ZIP code
50226
City
Polk City
Street
Lincoln St
Coordinates
41.77128, -93.72329

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,338
Gross rental yield
7.68%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 509 Lincoln St last sell?
509 Lincoln St most recently sold on Mar 28, 2022 for $209,000.
What is the current tax assessment for 509 Lincoln St?
The most recent total assessment for 509 Lincoln St (year 2025) is $222,600 with $3,676 in property tax.
How does 509 Lincoln St's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $209,000.
When was 509 Lincoln St built?
509 Lincoln St was built in 1979.
How does 509 Lincoln St compare to others on Lincoln St?
We track 6 other properties on Lincoln St. Browse the list under "Other properties on Lincoln St" to compare beds, baths, and sale history.
What are the property facts for 509 Lincoln St?
509 Lincoln St is a 3 bed, 3 bath, 892 sqft, 10,019 sqft lot single_family.
Is 509 Lincoln St a flip candidate?
No — 509 Lincoln St does not appear in our flips dataset.
Is 509 Lincoln St a tax-appeal candidate?
Yes — 509 Lincoln 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
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$382K
2026 Q4
$376.6K
ZIP 50226 — Median Price History + Forecast

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