NOT LISTED FOR SALE

206 W Lincoln Ave Indianola, IA 50125

Estimated Value: $308,000 - $425,857

4 Beds
3 Baths
1,570 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $210,000 $134 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,416/month

279 Days on Market

Highlights

  • 3.52 Acre Lot
  • 2 Fireplaces
  • Community Pool
  • Ranch Style House
  • No HOA
  • Wet Bar

About This Home

As of September 2016

Incredibly unique opportunity for in-town ac ownership w/5 outbldgs on this 3.5m/l acre lot. Original home built in 1900 w/additions over the years/once home to horses. 1570sf 4BR ranch needs your sweat equity. Lg liv rm w/fplce & picture windows overlooking inground pool (last used in 2014) & enormous deck. Full BA on main, 3/4 b/w gar & pool & basic 3/4 BA in LL. 2 fireplaces. Woodburner on furnace. Walk up attic off kit w/tons of storage. Cork flrs under carpet. LL has some finish/is another project awaiting a new owner. Parklike setting is impossible to duplicate w/mature trees & lots of green space. Bldgs include corn crib, metal bldg, barn, tack house & horse barn. Treed drive is 30'x 543' starting on Kentucky Ave & arriving at Lincoln Ave. Back of property meets Lundahl Court. Property is an estate & in "as-is" condition. No subject to sale offers. Cash or conventional financing only. Buyers willing to roll up their sleeves & do a lot of work will appreciate. Warranty provided.

Last Agent to Sell the Property

Karey Bishop

Iowa Realty Indianola Listed on: 08/06/2015

Iowa Realty Indianola

Last Buyer's Agent

Jill Carpenter

Iowa Realty Indianola

Iowa Realty Indianola

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1900

Lot Details

  • 3.52 Acre Lot
  • Property is zoned R1

Parking

  • 6 Garage Spaces | 2 Attached and 4 Detached

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • Wet Bar
  • 2 Fireplaces
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 48533001000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,124

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 140.06
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 133.76
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Interior Amenities: Carpeting, Drapes/Curtains, See Remarks, Tile Floors, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Partial Finished, Unfinished
  • Sq Ft Bsmt: 1570
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Pantry, See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1570
  • Total Sq Ft: 1570

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt
  • Garage: 2 Attached, 4+ Detached

Utilities

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

Association/Amenities

  • Amenities: Community Swimming Pool
  • Management Firm Phone: 000-000-0000

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 3.5200
  • Lot S F: 137214
  • Assessor Parcel Number: 48533001000
  • Zoning: R1

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: 5124.00
  • Net Taxes: 4936.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 14, 2016
Sold by
Estate Of Margaret Lundahl
Bought by
Hill Eric J and Hill Cheryl A
Seller's Agent
Karey Bishop
Iowa Realty Indianola
Buyer's Agent
Jill Carpenter
Iowa Realty Indianola
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Current Estimated Value
$353,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,464
Avg. Annual Appreciation
6.45%
Original Mortgage
$199,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hill Eric J $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Eric J $26,200
Open Hill Eric J $209,500
Closed Hill Eric J $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $210,000 -8.7% $134 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $229,900 -- $146 / 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
2024 $5,884 $338,700 $84,700 $254,000
2023 $5,778 $338,700 $84,700 $254,000
2022 $5,718 $280,100 $83,000 $197,100
2021 $5,776 $280,100 $83,000 $197,100
2020 $5,776 $267,300 $83,000 $184,300
2019 $5,346 $267,300 $83,000 $184,300
2018 $5,110 $244,800 $0 $0
2017 $5,110 $0 $0 $0
2016 $5,014 $231,400 $0 $0
2015 $5,014 $0 $0 $0
2014 $4,770 $232,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 501410

Des Moines Area Association of REALTORS®

APN: 48533001000