NOT LISTED FOR SALE

1508 E Franklin Ave Indianola, IA 50125

Estimated Value: $324,000 - $350,000

4 Beds
3 Baths
1,204 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $328,000 $272 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,257/month

217 Days on Market

Highlights

  • New Construction
  • No HOA
  • Dining Area
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Electric Fireplace

About This Home

As of July 2023

Slate plan by Tanzanite Homes. This home features 4 bedrooms and 3 baths, and is 1,204 SF on the main floor and 653 sq ft finished in the lower level. Open kitchen with lots of cabinets and counter space plus a pantry. Sun filled eat-in kitchen. Very open great room. Primary bath features double vanities, walk in shower, linen closet and walk in closet. Lower level finish, 1 bedroom, 1 bath and a family room plus storage. A few more items: quartz counter top, full sod, maintenance free vinyl siding & passive radon mitigation system. No closing costs or origination fee through preferred lender. It is a streamline process, streamline design but most importantly an unbelievable affordable price!! Designer selected color packages. Streamline homes include the following, washer, dryer, electric range, refrigerator, dishwasher, microwave and blinds on all main windows not on transom windows, staircase windows or in any unfinished areas. Complete and move in ready.

Last Agent to Sell the Property

Amanda Mickelsen

Keller Williams Realty GDM Listed on: 11/18/2022

Keller Williams Realty GDM

Last Buyer's Agent

Brett Corrigan

RE/MAX Revolution

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,928

Home Design

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

Interior Spaces

  • 1,204 Sq Ft Home
  • Electric Fireplace
  • Dining Area
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 7,928 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Tanzanite Homes

Listing and Financial Details

  • Assessor Parcel Number 48043020050

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,020

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Tanzanite Homes
  • Lp Amt Sq Ft: 278.16
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 272.43
  • Termite: New Construction
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Description: Egress Windows, Finished
  • Sq Ft Bsmt: 1204
  • Sq Ft Fin Bsmt: 653
  • Dining Room: Dining Areas
  • Other Rooms: Pantry
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1204
  • Total Sq Ft: 1204

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • 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: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.1820
  • Lot S F: 7928
  • Assessor Parcel Number: 48043020050
  • 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

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Feb 16, 2021
Sold by
Diligent Prairie Glynn Llc
Bought by
Tanzanite Homes Co Inc
Seller's Agent
Kalen Ludwig
Peoples Company
Buyer's Agent
Kalen Ludwig
Peoples Company
List Price
$52,900
Sold Price
$52,900
Current Estimated Value
$337,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,569
Avg. Annual Appreciation
50.45%
Original Mortgage
$1,500,000
Outstanding Balance
$1,358,787
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
-$1,022,216
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Tanzanite Homes Co Inc $256,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanzanite Homes Co Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $328,000 -2.1% $272 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $334,900 -0.8% $278 / Sq Ft
06/07/2023 06/07/23 Price Changed $337,500 -0.7% $280 / Sq Ft
03/05/2023 03/05/23 Price Changed $339,900 -1.4% $282 / Sq Ft
02/18/2023 02/18/23 Price Changed $344,900 -1.4% $286 / Sq Ft
11/18/2022 11/18/22 For Sale $349,900 +561.4% $291 / 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 $5,020 $32,600 $32,600 $0
2023 $6 $280,000 $32,600 $247,400
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: 663983

Des Moines Area Association of REALTORS®

APN: 48043020050