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    Property profile & analytics

    509 Main St Morning Sun, IA 52640-7686

    • Banks
    • 3,153 SF
    • 2.40 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US25-1777945
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BANK / Bank

    Property Details for 509 Main St

    Year built
    1981
    Lot size
    2.40 lot acres
    Property size
    3,153 SF
    Property type
    Banks
    APN
    11-25-476-005
    APU
    1125476005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morning Sun
    County
    Louisa
    State
    Iowa
    Longitude
    -91.2563
    Latitude
    41.091
    CBSA code
    34700
    CBSA name
    MUSCATINE, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,654
    $34,000
    $387,780
    $421,780
    -
    $34,000
    $387,780
    $421,780

    Comparable in this City

    • Value Estimation by Request
      2,994 SF

      20 Hwy 78

      FINANCIAL BUILDING • 2,994 SF
      20 Hwy 78, Morning Sun, IA 52640
      View Details
    • Value Estimation by Request
      1,780 SF

      12 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,780 SF
      12 Division St, Morning Sun, IA 52640-7621
      View Details
    • Value Estimation by Request
      1,214 SF

      23 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,214 SF
      23 Division St, Morning Sun, IA 52640-7623
      View Details
    • Value Estimation by Request
      1,908 SF

      11 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,908 SF
      11 Division St, Morning Sun, IA 52640-7623
      View Details
    • Value Estimation by Request
      648 SF

      16 Division St

      RETAIL STORES (PERSONAL SERVICES) • 648 SF
      16 Division St, Morning Sun, IA 52640-7621
      View Details
    • Value Estimation by Request
      2,900 SF

      18 Division St

      RETAIL STORES (PERSONAL SERVICES) • 2,900 SF
      18 Division St, Morning Sun, IA 52640-7621
      View Details
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    509 Main St
    Morning Sun, IA 52640-7686
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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