1101 Lincoln Way Ames, IA 50010
Oak-Riverside NeighborhoodEstimated payment $938/month
Highlights
- Ranch Style House
- No HOA
- 4-minute walk to O'Neil Park
- Ames High School Rated A-
- Forced Air Heating System
About This Home
Huge investment opportunity with this home that is set along the Lincoln Way corridor just minutes to Iowa State University, Campustown, and Downtown Ames, this early-1900s home delivers space, location, and immediate income. A flexible 6-bed, 2-bath layout spans two levels and is currently fully leased to reliable, on-time tenants collect rent on day one. Everyday conveniences are close by groceries, cafés, CyRide stops, and major routes with quick access to US-30/I-35 for an easy drive to Iowa State Fair events in Des Moines. Classic 1915 character, a high-visibility address, and proven rental demand make this a strong long-term hold. All information obtained from seller and public records.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,853
Year Built
- Built in 1915
Home Design
- 1,103 Sq Ft Home
- Ranch Style House
- Asphalt Shingled Roof
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Additional Features
- Stove
- 7,320 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0903458100
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 |
|---|---|---|---|---|
| 2025 | $1,892 | $155,300 | $47,600 | $107,700 |
| 2024 | $1,854 | $130,500 | $31,800 | $98,700 |
| 2023 | $2,136 | $130,500 | $31,800 | $98,700 |
| 2022 | $2,110 | $127,000 | $31,800 | $95,200 |
| 2021 | $2,200 | $127,000 | $31,800 | $95,200 |
| 2020 | $2,555 | $125,100 | $31,300 | $93,800 |
| 2019 | $2,170 | $125,100 | $31,300 | $93,800 |
| 2018 | $2,186 | $125,100 | $31,300 | $93,800 |
| 2017 | $2,186 | $125,100 | $31,300 | $93,800 |
| 2016 | $1,612 | $91,500 | $35,600 | $55,900 |
| 2015 | $1,612 | $91,500 | $35,600 | $55,900 |
| 2014 | $1,566 | $87,200 | $33,900 | $53,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Price Changed | $149,900 | -11.8% | $136 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $169,900 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 724803
APN: 09-03-458-100
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