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409 Main St

Wall Lake, IA 51466

3 bd 2 ba 1,685 sqft Built 1903 Lot 12,197 sqft single_family
Most recent sale
$88,500
Feb 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Price changed $129,500 MyStateMLS
Mar 11, 2024 Listed $139,500 MyStateMLS
Jul 21, 2023 Listing removed $139,500 MyStateMLS
Jun 8, 2023 Price changed $139,500 MyStateMLS
Jul 28, 2022 Listed $154,900 MLS #11096417
Feb 22, 2021 Sold $88,500 MLS #10940597
May 20, 2019 Sold $42,000 Public Record
Nov 25, 1996 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,630 $4,080 $130,710 $1,784
2024 $126,630 $4,080 $130,710 $1,671
2023 $136,280 $3,670 $139,950 $1,484
2022 $99,680 $3,670 $103,350 $1,374
2021 $97,240 $3,670 $100,910 $1,408
2020 $83,800 $3,670 $87,470 $1,044
2019 $64,820 $3,670 $68,490 $1,110
2018 $67,060 $3,670 $70,730 $1,110
2017 $67,060 $3,670 $70,730 $1,098
2016 $64,440 $3,670 $68,110 $1,084
2014 $61,510 $3,670 $65,180 $1,038
2013 $61,510 $3,670 $65,180 $934
2012 $60,520 $3,670 $64,190 $854
2007 $59,240 $3,670 $62,910 $794

Property facts

Year built
1903
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,685 sqft
Lot size
12,197 sqft
ZIP code
51466
City
Wall Lake
Street
Main St
Coordinates
42.27395, -95.09399

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$531
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Main St last sell?
409 Main St most recently sold on Feb 22, 2021 for $88,500.
What is the current tax assessment for 409 Main St?
The most recent total assessment for 409 Main St (year 2025) is $130,710 with $1,784 in property tax.
How does 409 Main St's assessment compare to its last sale price?
The current assessment is 47.7% above the last sale price of $88,500.
When was 409 Main St built?
409 Main St was built in 1903.
How does 409 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 409 Main St?
409 Main St is a 3 bed, 2 bath, 1,685 sqft, 12,197 sqft lot single_family.
Is 409 Main St a flip candidate?
Yes — 409 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 409 Main St a tax-appeal candidate?
Yes — 409 Main 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
+3.4%
Implied 1-yr
+13.6%
2026 Q2
$139.8K
2026 Q3
$143.7K
ZIP 51466 — Median Price History + Forecast

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