405 W Monroe St Mount Ayr, IA 50854
Estimated payment $365/month
About This Home
This medium-sized bungalow has been well-maintained and provided additional income for the owner with a responsible tenant who takes pride in the space. The property has a newer furnace, new roof and gutters with gutter guards in 2024, interior paint, deck improvements and front door replacement. Owner has invested in keeping the property in good condition and offers the buyer a chance to own as their own personal residence or continue as investment property. One bedroom and full bath and laundry on main level and two bedrooms on the upper story with full bathroom which needs a good plumber to make it operational. A cute front porch to enjoy your evenings and a sunny south deck to get in your rays and Vitamin D!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $786
Year Built
- Built in 1890
Parking
- 1
Additional Features
- Partial Basement
- Lot Dimensions are 66x132
- Forced Air Heating System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $786 | $39,406 | $6,600 | $32,806 |
| 2023 | $864 | $39,406 | $6,600 | $32,806 |
| 2022 | $826 | $38,334 | $6,600 | $31,734 |
| 2021 | $826 | $38,334 | $6,600 | $31,734 |
| 2020 | $820 | $34,915 | $5,650 | $29,265 |
| 2019 | $970 | $36,740 | $5,610 | $31,130 |
| 2018 | $904 | $36,740 | $5,610 | $31,130 |
| 2017 | $874 | $36,740 | $5,610 | $31,130 |
| 2016 | $846 | $0 | $0 | $0 |
| 2015 | $846 | $34,340 | $0 | $0 |
| 2014 | $844 | $34,340 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Price Changed | $56,000 | -5.1% | $47 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $59,000 | +51.7% | $50 / Sq Ft |
| 08/29/2022 08/29/22 | Sold | $38,900 | -2.5% | $33 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $39,900 | -- | $34 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $39,000 | -- | |
| Warranty Deed | $35,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,540 | Stand Alone Second | |
| Previous Owner | $34,112 | FHA |
Source: NoCoast MLS
MLS Number: NOC6330627
APN: 005842
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