$315,000
SOLD OCT 24, 2025

1503 E Franklin Ave Indianola, IA 50125

3 Beds
2.5 Baths
1,580 Sq Ft
8,503 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

3% Below List Price

73 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Luxury Vinyl Plank Tile Flooring
  • No HOA
  • Outdoor Storage
  • Forced Air Heating and Cooling System

About This Home

As of October 2025

Welcome to this near-new 2-story gem located in the heart of Indianola’s growing east side development. This thoughtfully designed 3 bedroom, 2.5 bath home combines modern style with everyday functionality—perfect for today’s busy lifestyle.
Step inside to find quartz countertops, crisp white cabinetry, and durable LVP flooring throughout the main level, offering both elegance and ease of maintenance. The open-concept layout flows from the kitchen and dining area onto a 10x10 deck—ideal for grilling or relaxing in your private backyard.
Upstairs, the spacious primary suite features a double vanity and walk-in closet, while two additional bedrooms share a full hall bath. The basement offers potential for future expansion—whether you’re dreaming of an extra bedroom, a rec room, or both!
Additional features include, Convenient storage shed & 2 car attached garage, and 'forever lights' ($8,000+). Offers close proximity to Indianola High School and Middle School. Quick access to parks, trails, and town amenities.
Don’t miss this opportunity to own a move-in-ready home in a desirable and growing neighborhood!

Last Agent to Sell the Property

Josh Baker

Iowa Realty Indianola Listed on: 07/01/2025

Iowa Realty Indianola

Last Buyer's Agent

Barb McMurry

Iowa Realty Indianola

Iowa Realty Indianola

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 2021

Lot Details

  • 8,505 Sq Ft Lot
  • Lot Dimensions are 63x135

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Area
  • Luxury Vinyl Plank Tile Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48043020220

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,190

Year Built

Built in 2021

Lot Details

8,505 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 202.53
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 199.37
  • Termite: Follow Showing Instructions
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, LVP
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1580
  • Total Sq Ft: 1580

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Exterior Storage Shed
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 420
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1952
  • Lot S F: 8505
  • Lot Shape: Regular
  • Lot Size: 63X135
  • Assessor Parcel Number: 48043020220
  • 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: 2190.00
  • Net Taxes: 2004.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Oct 22, 2025
Sold by
Quinn Clark Corban and Quinn Clark Corbin
Bought by
Brown Hailey and Brown Chase
Seller's Agent
Josh Baker
Iowa Realty Indianola
Buyer's Agent
Barb McMurry
Iowa Realty Indianola
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
25
Current Estimated Value
$335,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,608
Avg. Annual Appreciation
5.19%
Original Mortgage
$275,000
Outstanding Balance
$275,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$46,771

Purchase Details

Closed on
Oct 29, 2024
Sold by
Clark Chelsey Cheyenne
Bought by
Quinn Clark Corbin

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 2, 2022
Sold by
Tanzanite Homes Co Inc
Bought by
Clark Corbin and Clark Chelsey
Seller's Agent
Suzy Marker
Iowa Realty Mills Crossing
Buyer's Agent
Karey Bishop
Iowa Realty Indianola
List Price
$277,235
Sold Price
$309,900
Premium/Discount to List
$32,665
11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$294,405
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $294,405 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 Sold $315,000 -1.6% $199 / Sq Ft
09/12/2025 09/12/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $320,000 -1.5% $203 / Sq Ft
07/01/2025 07/01/25 For Sale $325,000 +4.9% $206 / Sq Ft
02/03/2022 02/03/22 Sold $309,900 0.0% $203 / Sq Ft View Prior Sale
02/03/2022 02/03/22 Pending -- -- --
11/10/2021 11/10/21 Price Changed $309,900 -0.6% $203 / Sq Ft
10/22/2021 10/22/21 Price Changed $311,900 +0.1% $204 / Sq Ft
04/21/2021 04/21/21 Price Changed $311,735 +12.4% $204 / Sq Ft
01/19/2021 01/19/21 For Sale $277,235 +434.2% $181 / Sq Ft
12/01/2020 12/01/20 Sold $51,900 0.0% $34 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $51,900 -- $34 / Sq Ft
Source: Des Moines Area Association 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 $2,738 $301,800 $55,000 $246,800
2024 $2,004 $161,000 $33,600 $127,400
2023 $526 $277,500 $33,600 $243,900
2022 $6 $33,600 $33,600 $0
2021 $6 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 721343

Des Moines Area Association of REALTORS®

APN: 48043020220

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