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406 Main St

Traer, IA 50675

3 bd 3 ba 2,490 sqft Built 1920 Lot 9,017 sqft single_family
Most recent sale
$155,000
Feb 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 2, 2023 Sold $155,000 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,710 $13,800 $134,510 $2,662
2024 $113,400 $13,800 $127,200 $2,528
2023 $113,400 $13,800 $127,200 $2,038
2022 $97,510 $13,800 $111,310 $2,192
2021 $96,370 $19,740 $116,110 $2,158
2020 $89,270 $19,740 $109,010 $2,098
2019 $89,270 $19,740 $109,010 $2,108
2018 $87,400 $15,120 $102,520 $2,032
2017 $87,400 $15,120 $102,520 $2,068
2016 $87,400 $15,120 $102,520 $1,904
2015 $87,400 $15,120 $102,520 $1,870
2014 $86,740 $16,800 $103,540 $1,830
2013 $86,740 $16,800 $103,540 $1,990
2012 $97,420 $16,800 $114,220 $1,984
2011 $97,420 $16,800 $114,220 $1,882

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,490 sqft
Lot size
9,017 sqft
ZIP code
50675
City
Traer
Street
Main St
Coordinates
42.19013, -92.46574

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
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 Feb 2, 2023 for $155,000.
What is the current tax assessment for 406 Main St?
The most recent total assessment for 406 Main St (year 2025) is $134,510 with $2,662 in property tax.
How does 406 Main St's assessment compare to its last sale price?
The current assessment is 13.2% below the last sale price of $155,000.
When was 406 Main St built?
406 Main St was built in 1920.
How does 406 Main St compare to others on Main St?
We track 8 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 3 bed, 3 bath, 2,490 sqft, 9,017 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 valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$174.3K
2026 Q4
$175.8K
ZIP 50675 — Median Price History + Forecast

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