NOT LISTED FOR SALE

413 E Main St Lamoni, IA 50140

-- Bed
-- Bath
3,648 Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: April 22, 2024

Last sale price $365,000 $100 Per Sq Ft

105 Days on Market

About This Home

As of April 2024

Listing # 7681 It's not often an opportunity to own a 6-unit apartment complex comes along! This 6-plex has impressive income and has had a good rental history. With a whopping $50,520 of income per year, this property offers an excellent investment opportunity! It consists of four 2-bedroom, 1-bathroom units, and two 3-bedroom, 1-bathroom units. Additionally, there are storage areas in the basement that are currently rented out to tenants and a community laundry area. Features of the Property Include: - 11 parking spaces on asphalt lot - 6 total units - Four 2-bedroom, 1-bathroom units - Two 3-bedroom, 1-bathroom units - $50,520 of income per year - Great location - 4 newer AC units and furnaces - Individually metered units

Last Agent to Sell the Property

Tony Nelson

United Country Nelson Real Estate Listed on: 12/22/2023

Last Buyer's Agent

Tony Nelson

United Country Nelson Real Estate Listed on: 12/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1964

Lot Details

  • 0.49

Home Design

  • 3,648 Sq Ft Home
  • Frame Construction

Additional Features

  • 21,344 Sq Ft Lot
  • Central Air
  • Unfinished Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Year Built

Built in 1964

Lot Details

0.49 Acres

Listing Details

  • HamletID: 0
  • HasCentralAC: Yes
  • LandRentAmount: 0
  • Lot Size Acres: 0.49
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Lamoni
  • Prop. Type: Multi-Unit (5+)
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: IA
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • BasementUnfinished: Yes
  • Fireplaces: 0
  • AboveArea Sq Ft: 3648

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: Lamoni Comm School District

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 3350

Tax Info

  • Tax Year: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Apr 16, 2024
Sold by
Bought by
Seller's Agent
Tony Nelson
United Country Nelson Real Estate
Buyer's Agent
Tony Nelson
United Country Nelson Real Estate
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%

Purchase Details

Closed on
Jul 25, 2022
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2014
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 None Listed On Document
$344,000 --
$225,000 None Listed On Document
$215,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $365,000 -6.4% $100 / Sq Ft
04/19/2024 04/19/24 Off Market $390,000 -- --
12/22/2023 12/22/23 For Sale $390,000 -- $107 / Sq Ft
Source: My State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,432 $188,997 $13,247 $175,750
2024 $3,432 $145,052 $10,472 $134,580
2023 $3,372 $145,359 $10,472 $134,887
2022 $3,844 $119,147 $8,584 $110,563
2021 $4,134 $119,147 $8,584 $110,563
2019 $5,418 $133,694 $0 $0
2018 $5,418 $133,694 $0 $0
2017 $5,754 $133,694 $0 $0
2016 $6,040 $133,694 $0 $0
2015 $6,040 $133,694 $0 $0
2014 $12,188 $133,694 $0 $0
2013 $6,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: My State MLS

MLS Number: 11263778

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