$309,900
SOLD APR 30, 2025

1504 E Franklin Ave Indianola, IA 50125

3 Beds
2 Baths
1,168 Sq Ft
7,938 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

5% Below List Price

234 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Luxury Vinyl Plank Tile Flooring
  • Deck
  • Mud Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Tanzanite Homes' Slate ranch plan is designed to please, offering a welcoming and open layout with 3 bedrooms and 2 bathrooms across 1,168 square feet. The sun-filled eat-in kitchen is the heart of the home, featuring a center island, abundant cabinetry, and ample counter space. You'll love the stainless-steel appliances, soft-close drawers, and sleek quartz countertops, all of which seamlessly flow into the great room, where large windows invite in plenty of natural light. The primary suite is a private retreat, complete with a double vanity, a linen closet, a walk-in shower, and a spacious walk-in closet. For added privacy, two additional bedrooms and a hall bath are located on the opposite side of the home. The conveniently placed mudroom/laundry room, located just off the garage. For those looking to expand their space, ask about the optional lower-level finish, which can include a 4th bedroom, full bath, and family room. With a streamlined design and building process, this home delivers incredible value at an affordable price.

Last Agent to Sell the Property

Amanda Mickelsen

Keller Williams Realty GDM Listed on: 08/16/2024

Keller Williams Realty GDM

Last Buyer's Agent

Angela Glasgow

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,938 Sq Ft Lot
  • Lot Dimensions are 63x126

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • Electric Fireplace
  • Mud Room
  • Family Room
  • Dining Area
  • Unfinished Basement
  • Basement Window Egress
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • *See Agent Remarks Association
  • Built by Tanzanite Homes

Listing and Financial Details

  • Assessor Parcel Number 48043020030

Home Details

Home Type

Single Family

Est. Annual Taxes

$6

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Tanzanite Homes
  • Lp Amt Sq Ft: 265.33
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 265.33
  • Termite: New Construction
  • Year Built: 2024
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, LVP, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Egress Windows, Unfinished
  • Sq Ft Bsmt: 1173
  • Sq Ft Fin Bsmt: 33
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Mud Room, Pantry
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1168
  • Total Sq Ft: 1168

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: *see agent remarks
  • Management Firm: *see agent remarks

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.1822
  • Lot S F: 7938
  • Lot Shape: Regular
  • Lot Size: 63X126
  • Assessor Parcel Number: 48043020030
  • Zoning: R

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: 5.38
  • Net Taxes: 6.00
  • Tax Year: 2022

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Tanzanite Homes Co Inc
Bought by
Krm Development Llc
Current Estimated Value
$303,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$261,520
Interest Rate
6.94%
Mortgage Type
Construction
Estimated Equity
$42,329
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $309,900 0.0% $265 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/03/2025 03/03/25 Price Changed $309,900 -1.6% $265 / Sq Ft
02/04/2025 02/04/25 Price Changed $314,900 -1.3% $270 / Sq Ft
02/03/2025 02/03/25 Price Changed $318,900 -0.3% $273 / Sq Ft
11/12/2024 11/12/24 Price Changed $319,900 -1.5% $274 / Sq Ft
08/16/2024 08/16/24 For Sale $324,900 +514.2% $278 / Sq Ft
02/18/2021 02/18/21 Sold $52,900 0.0% --
09/28/2020 09/28/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $52,900 -- --
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
2024 $6 $300 $300 $0
2023 $6 $300 $300 $0
2022 $6 $300 $300 $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: 701064

Des Moines Area Association of REALTORS®

APN: 48043020030