Seller's Agent in 2025
Heather Federspiel
Wapsie Realty LLC
(319) 327-4992
44 in this area
89 Total Sales
111 Terrace Dr Independence, IA 50644
3
Beds
1.5
Baths
1,488
Sq Ft
0.48
Acres
Highlights
- Tiered Deck
- Forced Air Heating and Cooling System
- Ceiling Fan
- 3 Car Garage
- Water Softener is Owned
About This Home
As of October 2025Welcome to Indee's iconic neighborhood, where this extra-large lot offers an unbeatable combination of space and location. Adjacent to a beautiful park, this property features a detached garage for added convenience. The immaculate 3-bedroom home has been thoughtfully updated with a modern kitchen, refreshed bathroom, and newer flooring throughout. Enjoy the sunroom with its abundance of windows, perfect for soaking in natural light. The basement is a clean slate, ready for your personal touch. This is a rare opportunity to own a home that blends charm, updates, and a prime location, don't let it get away!
Last Agent to Sell the Property
Wapsie Realty LLC License #B61415 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,682
Year Built
- Built in 1964
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 90x100x222x222
- Property is zoned R-2
Parking
- 3 Car Garage
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,488 Sq Ft Home
- Ceiling Fan
- Laundry on main level
- Unfinished Basement
Kitchen
- Free-Standing Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Tiered Deck
Schools
- Independence Elementary And Middle School
- Independence High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 1003251002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Oct 28, 2025
Sold by
Arp Ronald R
Bought by
Gamm Mark Eugene and Gamm Delores Jane
Seller's Agent
Heather Federspiel
Wapsie Realty LLC
Buyer's Agent
Troy Northrop
RE/MAX Independence Realty
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,382
Avg. Annual Appreciation
-13.61%
Original Mortgage
$55,000
Outstanding Balance
$55,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$198,618
Purchase Details
Closed on
Mar 3, 2023
Sold by
Trust Created Under The Last Will And Te
Bought by
Arp Ronald
Purchase Details
Closed on
Nov 27, 2012
Sold by
Arp Karen Arlena and Seamans Karen Arlena
Bought by
Arp Ronald Ray
Purchase Details
Closed on
Jun 9, 2012
Sold by
Kress Vaunda L
Bought by
Arp Ronald Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,567
Interest Rate
3.83%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $265,000 | None Listed On Document | |
| Warranty Deed | $456,500 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $136,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $55,000 | New Conventional | |
| Previous Owner | $133,567 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $265,000 | -3.6% | $178 / Sq Ft |
| 09/09/2025 09/09/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $274,900 | -- | $185 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
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 | $3,456 | $221,870 | $42,380 | $179,490 |
| 2024 | $3,456 | $196,410 | $37,840 | $158,570 |
| 2023 | $3,478 | $196,410 | $37,840 | $158,570 |
| 2022 | $3,188 | $160,420 | $30,030 | $130,390 |
| 2021 | $3,176 | $160,420 | $30,030 | $130,390 |
| 2020 | $3,176 | $148,290 | $27,300 | $120,990 |
| 2019 | $3,124 | $148,290 | $27,300 | $120,990 |
| 2018 | $2,992 | $144,230 | $27,300 | $116,930 |
| 2017 | $2,948 | $144,230 | $27,300 | $116,930 |
| 2016 | $2,900 | $140,250 | $22,740 | $117,510 |
| 2015 | $2,900 | $140,250 | $22,740 | $117,510 |
| 2014 | $2,958 | $140,250 | $22,740 | $117,510 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Federspiel
-
Troy Northrop
Buyer's Agent in 2025
Troy Northrop
RE/MAX
(563) 920-5569
8 in this area
73 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252964
APN: 10.03.251.002
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes