307 Madison St
Prairie City, IA 50228
3 bd 1 ba 1,148 sqft Built 1966 Lot 6,695 sqft single_family
Most recent sale
$194,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $194,000 | MLS #650608 |
| Apr 27, 2022 | Listed | $195,000 | MLS #650608 |
| Apr 23, 2020 | Sold | $155,000 | MLS #593009 |
| Oct 30, 2019 | Price changed | $157,000 | MLS #593009 |
| Oct 11, 2019 | Listed | $163,000 | MLS #593009 |
| Jul 24, 2012 | Sold | $92,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $145,080 | $25,700 | $170,780 | $2,548 |
| 2024 | $145,080 | $25,700 | $170,780 | $2,548 |
| 2023 | $137,510 | $25,700 | $163,210 | $2,458 |
| 2022 | $107,620 | $25,700 | $133,320 | $2,064 |
| 2021 | $98,080 | $25,700 | $123,780 | $1,816 |
| 2020 | $89,170 | $13,100 | $102,270 | $2,028 |
| 2019 | $89,170 | $13,100 | $102,270 | $1,906 |
| 2018 | $80,850 | $11,910 | $92,760 | $1,918 |
| 2017 | $80,850 | $11,910 | $92,760 | $1,970 |
| 2015 | $80,850 | $11,910 | $92,760 | $1,806 |
| 2014 | $80,850 | $11,910 | $92,760 | $1,748 |
| 2013 | $80,850 | $11,910 | $92,760 | $1,818 |
| 2012 | $91,530 | $12,570 | $104,100 | $1,852 |
| 2011 | $91,530 | $12,570 | $104,100 | $1,838 |
Property facts
Year built
1966
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,148 sqft
Lot size
6,695 sqft
ZIP code
50228
City
Prairie City
Street
Madison St
Coordinates
41.60081, -93.23836
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
$1,722
Gross rental yield
10.65%
Implied cap rate
6.92%
Trend-extrapolated value
—
Frequently asked questions
When did 307 Madison St last sell?
307 Madison St most recently sold on Jun 10, 2022 for $194,000.
What is the current tax assessment for 307 Madison St?
The most recent total assessment for 307 Madison St (year 2025) is $170,780 with $2,548 in property tax.
How does 307 Madison St's assessment compare to its last sale price?
The current assessment is 12.0% below the last sale price of $194,000.
When was 307 Madison St built?
307 Madison St was built in 1966.
How does 307 Madison St compare to others on Madison St?
We track 5 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 307 Madison St?
307 Madison St is a 3 bed, 1 bath, 1,148 sqft, 6,695 sqft lot single_family.
Is 307 Madison St a flip candidate?
No — 307 Madison St does not appear in our flips dataset.
Is 307 Madison St a tax-appeal candidate?
No — 307 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q2
$271.1K
2026 Q3
$273.6K
ZIP 50228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St