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403 3rd Ave

Thompson, IA 50478

2 bd 1 ba 960 sqft Built 1982 Lot 8,581 sqft single_family
Most recent sale
$60,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $60,000 MLS #6148025
Feb 4, 2022 Listed $68,000 MLS #6148025

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,490 $75,490 $1,086
2024 $75,490 $75,490 $1,024
2023 $54,989 $54,989 $1,245
2022 $42,994 $42,994 $1,100
2021 $70,710 $5,220 $75,930 $1,428
2020 $67,340 $4,970 $72,310 $1,408
2019 $67,340 $4,970 $72,310 $1,367
2018 $64,130 $4,730 $68,860 $1,330
2017 $64,130 $4,730 $68,860 $1,280
2016 $61,080 $3,940 $65,020 $1,274
2015 $61,080 $3,940 $65,020 $1,014
2014 $58,170 $3,750 $61,920 $946
2013 $58,170 $3,750 $61,920 $938
2012 $58,170 $3,750 $61,920 $1,299
2011 $58,170 $3,750 $61,920 $1,147
2008 $41,170 $41,170 $524

Property facts

Year built
1982
Property type
single_family
Stories
Beds
2
Baths
1
Living area
960 sqft
Lot size
8,581 sqft
ZIP code
50478
City
Thompson
Street
3rd Ave
Coordinates
43.32197, -93.77009

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 403 3rd Ave last sell?
403 3rd Ave most recently sold on Mar 11, 2022 for $60,000.
What is the current tax assessment for 403 3rd Ave?
The most recent total assessment for 403 3rd Ave (year 2025) is $75,490 with $1,086 in property tax.
How does 403 3rd Ave's assessment compare to its last sale price?
The current assessment is 25.8% above the last sale price of $60,000.
When was 403 3rd Ave built?
403 3rd Ave was built in 1982.
How does 403 3rd Ave compare to others on 3rd Ave?
We do not currently track other properties on 3rd Ave.
What are the property facts for 403 3rd Ave?
403 3rd Ave is a 2 bed, 1 bath, 960 sqft, 8,581 sqft lot single_family.
Is 403 3rd Ave a flip candidate?
No — 403 3rd Ave does not appear in our flips dataset.
Is 403 3rd Ave a tax-appeal candidate?
Yes — 403 3rd Ave 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
+13.6%
Implied 1-yr
+54.5%
2026 Q3
$345K
2026 Q4
$345K
ZIP 50478 — Median Price History + Forecast

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