NOT LISTED FOR SALE

1603 E Franklin Ave Indianola, IA 50125

Estimated Value: $349,523 - $374,000

4 Beds
3 Baths
1,201 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $367,500 $306 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,887/month

Highlights

  • New Construction
  • Ranch Style House
  • Shades
  • Deck
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

This NEW Tanzanite floor plan is going to be an instant favorite! 2080 square feet finished living space. The Winfield features an open concept layout with 2 spacious bedrooms & baths on the main level. Primary suite includes a great walk-in closet, dual vanity sinks, & a linen closet. 48” electric fireplace with stone & mantle. Finished lower level with 2 more bedrooms, a full bath, & a fantastic family room! Plenty of room left for storage. 439 square foot garage. 12x12 deck. All Streamline Series homes are move-in ready with refrigerator, washer & dryer, even blinds are included! No closing costs when our preferred lender is used. Additional lots and floor plans available to choose from. Qualifies for Indianola’s 5-year tax abatement program, ask for details!

Last Agent to Sell the Property

Suzy Marker

Iowa Realty Mills Crossing Listed on: 02/02/2022

Iowa Realty Mills Crossing

Co-Listed By

Julie Berkema

Iowa Realty Mills Crossing

Last Buyer's Agent

Bill Ludwig

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

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

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,201 Sq Ft Home
  • Electric Fireplace
  • Shades
  • Family Room
  • Dining Area
  • Finished Basement
  • Basement Window Egress
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Tanzanite Homes Company

Listing and Financial Details

  • Assessor Parcel Number 48043020170

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Tanzanite Homes Company
  • Lp Amt Sq Ft: 306.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 306.00
  • Termite: New Construction
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Shades/Shutters, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Egress Windows, Finished
  • Sq Ft Bsmt: 1201
  • Sq Ft Fin Bsmt: 879
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Pantry
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1201
  • Total Sq Ft: 1201

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 439
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.2000
  • Lot S F: 8505
  • Lot Size: 63X135
  • Assessor Parcel Number: 48043020170
  • 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
Feb 2, 2022
Closed on
Sep 15, 2022
Sold by
Tanzanite Homes Co Inc
Bought by
Reichart Johnnie and Reichart Joan
Seller's Agent
Suzy Marker
Iowa Realty Mills Crossing
Buyer's Agent
Bill Ludwig
RE/MAX Concepts
List Price
$350,660
Sold Price
$367,500
Premium/Discount to List
$16,840
4.8%
Views
3
Current Estimated Value
$359,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,869
Avg. Annual Appreciation
-0.69%
Original Mortgage
$100,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Reichart Johnnie $367,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichart Johnnie $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $367,500 0.0% $306 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $367,500 -2.2% $306 / Sq Ft
02/15/2022 02/15/22 Price Changed $375,730 +4.2% $313 / Sq Ft
02/14/2022 02/14/22 Price Changed $360,660 +2.9% $300 / Sq Ft
02/02/2022 02/02/22 For Sale $350,660 +562.9% $292 / Sq Ft
05/05/2021 05/05/21 Sold $52,900 0.0% -- View Prior Sale
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
2025 -- $335,700 $55,000 $280,700
2024 $6 $84,400 $33,600 $50,800
2023 $6 $287,600 $33,600 $254,000
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: 645097

Des Moines Area Association of REALTORS®

APN: 48043020170