$38,900
SOLD AUG 29, 2022

405 W Monroe St Mount Ayr, IA 50854

3 Beds
2 Baths
1,189 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Dining Room
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of August 2022

This three bedroom, two bath, has newer furnace & air and other updates including ceiling fans and light fixtures, flooring, decking, perimeter fencing and bathroom updates. The detached garage has been utilized as a man cave but can be easily converted back! Excellent rental income opportunity!!

Last Agent to Sell the Property

Wanda Hosfield

South Central Iowa Realty License #*** Listed on: 07/12/2022

South Central Iowa Realty

Last Buyer's Agent

Wanda Hosfield

South Central Iowa Realty License #*** Listed on: 07/12/2022

South Central Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: LOT 288 O P
  • Municipality: Mount Ayr
  • Year Built: 1890
  • OFFICELIST_ADDRESS: 405 W Monroe Street
  • Distribute To Internet: Yes
  • List Office I D: 172
  • Sales Office I D: 172
  • Selling Agent: 1232
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Partial
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 690
  • Price Per S Q F T: 32.72
  • Above Grade Finished Sq Ft: 1189
  • Fireplace: No
  • Total Finished Sq Ft: 1189
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Exterior: Wood

Garage/Parking

  • Description: Detached Garage
  • Fuel: Natural Gas
  • Garage Sq Ft: 392

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Mount Ayr

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.2
  • Geo Update Timestamp: 2022-07-11
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres

Rental Info

  • Rental License: No

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 826
  • Net Taxes: 826

MLS Schools

  • School District: 4527 - Mount Ayr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 29, 2022
Sold by
Ray Danny J and Ray Larae Cody
Bought by
Taylor Brian
Seller's Agent
Wanda Hosfield
South Central Iowa Realty
Buyer's Agent
Wanda Hosfield
South Central Iowa Realty
List Price
$39,900
Sold Price
$38,900
Premium/Discount to List
-$1,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Landphair Leslie W and Landphair Ronald Lee
Bought by
Ray Danny J and Ray Cody Larea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,112
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $39,000 --
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,112 FHA
Source: Public Records

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
Source: NoCoast MLS

Tax History Compared to Growth

Source: Public Records

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
Source: Public Records

Agents Affiliated with this Home

  • Wanda Hosfield

    Seller's Agent in 2025

    Wanda Hosfield

    South Central Iowa Realty

    (641) 344-4802

    154 Total Sales

    Wanda Hosfield
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Map

Source: NoCoast MLS

MLS Number: NOC6300461

NoCoast MLS

APN: 005842

Iowa Ringgold County Mount Ayr 50854

405 W Monroe St, Mount Ayr, IA

This home is located at 405 W Monroe St, Mount Ayr, IA 50854 and is currently priced at $38,900, approximately $32 per square foot. This property was built in 1890. 405 W Monroe St is a home located in Ringgold County with nearby schools including Mount Ayr Elementary School and Mount Ayr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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