NOT LISTED FOR SALE

1118 Main St Adel, IA 50003

Estimated Value: $80,015 - $392,000

4 Beds
2.5 Baths
1,862 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $45,000 $24 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $1,230/month

30 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Street paved with bricks
  • ADM Middle School Rated A-

About This Home

As of April 2016

2 family home in the heart of Adel with 1862sf of living space. The home consists of a larger 3 bedroom larger residence and a smaller apartment that is currently being rented month to month. A new furnace was installed in January. The home has low maintenance vinyl siding.
The apartment has one bedroom and a ¾ bath. The vacant side has 3 bedrooms, a large living room, a full bath and a ½ bath.
This home has some uneven floors and there have been some modifications made to the foundation over its 120 year history. The asking price reflects this. The home will need extensive updates. The home is being sold “as-is”. $45,000obo

Last Agent to Sell the Property

Robert Luce

Iowa Realty Valley West Listed on: 03/02/2016

Last Buyer's Agent

Kent Glenn

Anderson Glenn Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 9,239 Sq Ft Lot
  • Lot Dimensions are 66x140
  • Street paved with bricks

Home Design

  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

Parking

  • Carport
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129376011

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 24.17
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 24.17
  • Termite: Call Listing Agent
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1172
  • Included Items: Stove
  • Living Area Sq Ft: 1862
  • Total Sq Ft: 1862

Exterior Features

  • Exterior: See Remarks
  • Foundation: Brick, Concrete Block, Stone
  • Roof: Asphalt Shingle
  • Street Feature: Brick
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.2100
  • Lot S F: 9239
  • Lot Size: 66x140
  • Assessor Parcel Number: 1129376011
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1268.00
  • Net Taxes: 1268.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 31, 2016
Sold by
Whitney Arnold P
Bought by
Geadelmann Scott W and Geadelmann Lori K
Seller's Agent
Robert Luce
Iowa Realty Valley West
Buyer's Agent
Kent Glenn
Anderson Glenn Realty
List Price
$45,000
Sold Price
$45,000
Total Days on Market
30
Current Estimated Value
$214,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,754
Avg. Annual Appreciation
18.15%

Purchase Details

Closed on
Mar 15, 2007
Sold by
Bedenbender James C and Bedenbender Linda L
Bought by
Daugherty Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Geadelmann Scott W $45,000 None Available
Daugherty Gene $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daugherty Gene $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2016 05/01/16 Pending -- -- --
04/01/2016 04/01/16 Sold $45,000 0.0% $24 / Sq Ft
03/02/2016 03/02/16 For Sale $45,000 -- $24 / 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
2023 $302 $22,720 $22,720 $0
2022 $300 $15,150 $15,150 $0
2021 $300 $15,150 $15,150 $0
2020 $316 $15,150 $15,150 $0
2019 $330 $15,150 $15,150 $0
2018 $330 $15,150 $15,150 $0
2017 $326 $15,150 $15,150 $0
2016 $1,264 $61,810 $30,060 $31,750
2015 $1,268 $59,900 $0 $0
2014 $1,208 $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 512627

Des Moines Area Association of REALTORS®

APN: 11-29-376-011