NOT LISTED FOR SALE

111 W 3rd Ave Indianola, IA 50125

Estimated Value: $72,000 - $272,000

-- Bed
3 Baths
2,068 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $55,000 $27 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,142/month

31 Days on Market

Highlights

  • 36 Kitchens
  • Forced Air Heating System
  • 2-minute walk to Barker Park
  • No HOA
  • Wood Siding

About This Home

As of September 2019

24 hrs notice required. SOLD AS-IS

Last Agent to Sell the Property

Shane Guely

RE/MAX Concepts Listed on: 08/30/2019

Last Buyer's Agent

Benjamin Watt

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space
  • 36 Kitchens

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 48660060060

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,200
  • Gross Income $22,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 26.60
  • Sp Amt Sq Ft: 26.60
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Basement Description: Crawl Space, Unfinished
  • Kitchens: 36
  • Living Area Sq Ft: 2068
  • Total Sq Ft: 2068

Exterior Features

  • Exterior: Wood
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 4200

Lot Info

  • Acres: 0.1722
  • Lot S F: 7500
  • Lot Shape: Regular
  • Lot Size: 50X150
  • Assessor Parcel Number: 48660060060
  • Zoning: MRES

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Landlord, Gas Tenant, Insurance Landlord, Janitor Tenant, Misc Exp Tenant, Taxes Owner, Water Landlord

Tax Info

  • Gross Taxes: 2084.00
  • Net Taxes: 2084.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 29, 2019
Sold by
Phipps Properties Llc
Bought by
The Scullen Group Inc
Seller's Agent
Shane Guely
RE/MAX Concepts
Buyer's Agent
Benjamin Watt
Keller Williams Realty GDM
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$182,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,333
Avg. Annual Appreciation
21.79%
Original Mortgage
$87,321
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Scullen Group Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Scullen Group Inc $87,321
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $55,000 0.0% $27 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $55,000 +120.0% $27 / Sq Ft
10/21/2016 10/21/16 Sold $25,000 0.0% $12 / Sq Ft View Prior Sale
10/21/2016 10/21/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $25,000 -- $12 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,200 $166,500 $22,500 $144,000
2024 $2,172 $121,100 $17,500 $103,600
2023 $1,786 $121,100 $17,500 $103,600
2022 $2,082 $83,800 $13,000 $70,800
2021 $2,090 $83,800 $13,000 $70,800
2020 $2,090 $78,200 $13,000 $65,200
2019 $2,084 $78,200 $13,000 $65,200
2018 $2,142 $0 $0 $0
2017 $2,248 $0 $0 $0
2016 $2,348 $69,900 $0 $0
2015 $2,348 $0 $0 $0
2014 $2,348 $67,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Guely

    Seller's Agent in 2019

    Shane Guely

    RE/MAX

    (515) 961-6720

    9 in this area

    158 Total Sales

    Shane Guely
    Section Image

  • B

    Buyer's Agent in 2019

    Benjamin Watt

    Keller Williams Realty GDM

    Section Image
  • Tanner Loyd

    Seller's Agent in 2016

    Tanner Loyd

    Iowa Realty Indianola

    (515) 453-5294

    32 in this area

    114 Total Sales

    Tanner Loyd
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Rabe

    DRES Midwest

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 590271

Des Moines Area Association of REALTORS®

APN: 48660060060

Iowa Warren County Indianola 50125

111 W 3rd Ave, Indianola, IA

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.

Des Moines Area Association of REALTORS® 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