406 Main St
Salem, IA 52649
2 bd 1 ba 1,236 sqft Built 1972 Lot 17,424 sqft single_family
Most recent sale
$25,000
Jan 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 31, 2022 | Sold | $25,000 | MLS #6131522 |
| Dec 2, 2021 | Listed | $29,500 | MLS #6131522 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $15,310 | $8,450 | $23,760 | $428 |
| 2024 | $15,310 | $8,450 | $23,760 | $412 |
| 2023 | $13,640 | $8,450 | $22,090 | $428 |
| 2022 | $10,750 | $8,450 | $19,200 | $228 |
| 2021 | $10,750 | $8,450 | $19,200 | $208 |
| 2020 | $9,320 | $8,450 | $17,770 | $200 |
| 2019 | $9,320 | $8,450 | $17,770 | $216 |
| 2018 | $9,520 | $8,450 | $17,970 | $212 |
| 2015 | $8,710 | $8,450 | $17,160 | $408 |
| 2014 | $20,030 | $6,380 | $26,410 | $356 |
| 2013 | $20,030 | $6,380 | $26,410 | $344 |
| 2012 | $20,030 | $6,380 | $26,410 | $350 |
| 2008 | $20,030 | $6,380 | $26,410 | $288 |
| 2005 | — | — | $24,810 | $282 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,236 sqft
Lot size
17,424 sqft
ZIP code
52649
City
Salem
Street
Main St
Coordinates
40.85119, -91.62097
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
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 406 Main St last sell?
406 Main St most recently sold on Jan 31, 2022 for $25,000.
What is the current tax assessment for 406 Main St?
The most recent total assessment for 406 Main St (year 2025) is $23,760 with $428 in property tax.
How does 406 Main St's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $25,000.
When was 406 Main St built?
406 Main St was built in 1972.
How does 406 Main St compare to others on Main St?
We track 5 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 406 Main St?
406 Main St is a 2 bed, 1 bath, 1,236 sqft, 17,424 sqft lot single_family.
Is 406 Main St a flip candidate?
No — 406 Main St does not appear in our flips dataset.
Is 406 Main St a tax-appeal candidate?
No — 406 Main 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
+15.5%
Implied 1-yr
+62.1%
2023 Q3
$264.5K
2023 Q4
$284.9K
ZIP 52649 — Median Price History + Forecast
Explore nearby
Other properties on Main St