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Single Family ResidentialResidential
$134,000$85 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 77How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $1,857 on Jul 30, 2026

408 W WATER ST

DECATUR, IA 50067
4
Beds
2
Baths
1,568 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$134K
$103K low$165K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,857 · Jul 30, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$512 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$48,770 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,450
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$42,320
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$42,090
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$48,770

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
38
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
57
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyDECATUR
Lot (acres)The size of the land the home sits on, from county records.0.31
HeatingThe type of heating system in the home.Gas
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
South Elementary School
Elementary · Grades PK–2 · 4.7 mi
M
Central Decatur Middle School/High School High SchoolC
Middle · Grades 7–12 · 5.0 mi

District: Central Decatur Community School District

Neighborhood · ZIP 50067These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.118
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.77%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.284
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$55,239
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68,240
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

408 W Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 81% of homes in Decatur 50067
  • Older than 78% of homes in Decatur 50067

What homes are worth in Decatur 50067

Each bar is how many homes fall in that price range. The marker is this home.

This home
$45K$667K

This home is worth more than 53% of homes in Decatur 50067.

How it measures up in Decatur 50067

The dot is this home. The mark in the middle is the typical home in Decatur 50067.

Estimated value$134,000
CheaperTypical $129,580Pricier

Pricier than 53% of homes nearby

Price per ft²$85
CheaperTypical $97Pricier

Pricier than 39% of homes nearby

Living area1,568 ft²
SmallerTypical 1,526 ft²Bigger

Bigger than 54% of homes nearby

Lot size0.31 ac
SmallerTypical 1.31 acBigger

Bigger than 19% of homes nearby

Year built1920
OlderTypical 1978Newer

Newer than 22% of homes nearby

How 408 W Water St ranks against every home in each area.
MeasureThis homeDecatur 50067Decatur County
Estimated valuepricier than$134,00053% of homes45% of homes
Price per ft²pricier than$8539% of homes38% of homes
Living areabigger than1,568 ft²54% of homes48% of homes
Lot sizebigger than0.31 ac19% of homes29% of homes
Year builtnewer than192022% of homes32% of homes

About 408 W Water St

How much is 408 W Water St, Decatur, IA worth?

The TopHap Estimate for 408 W Water St, Decatur, IA is $134,000 as of Aug 30, 2026. The likely range is $103,013 to $164,987. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 408 W Water St, Decatur, IA last sell?

408 W Water St, Decatur, IA last sold on Jul 30, 2026 for $1,857, according to the county's recorded deed.

How big is 408 W Water St, Decatur, IA?

408 W Water St, Decatur, IA has 4 bedrooms, 2 bathrooms, 1,568 square feet of living space and a 0.31-acre lot.

When was 408 W Water St, Decatur, IA built?

408 W Water St, Decatur, IA was built in 1920, making it 106 years old.

What schools serve 408 W Water St, Decatur, IA?

408 W Water St, Decatur, IA is assigned to South Elementary School (elementary); Central Decatur Middle School/High School High School (middle), rated C. All sit in Central Decatur Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 408 W Water St, Decatur, IA compare to other homes in Decatur 50067?

Among the 176 homes in Decatur 50067, it is worth more than 53% of them ($134,000 against a typical $129,580), its price per square foot is higher than 39% of them ($85 against a typical $97), it is bigger than 54% of them (1,568 ft² against a typical 1,526 ft²), its lot is bigger than 19% of them (0.31 ac against a typical 1.31 ac) and it is newer than 22% of them (1920 against a typical 1978). Measured against all of Decatur County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 408 W Water St, Decatur, IA?

The 2025 property tax bill for 408 W Water St, Decatur, IA was $512. The county assessed it at $48,770.

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