219 N Franklin Ave Ames, IA 50014
Edwards NeighborhoodEstimated payment $1,811/month
Total Views
10,532
4
Beds
3
Baths
1,157
Sq Ft
$244
Price per Sq Ft
Highlights
- Wood Flooring
- Main Floor Bedroom
- Home Office
- Ames High School Rated A-
- No HOA
- 5-minute walk to Franklin Park
About This Home
A rare investment opportunity to own a 4 bedroom, 3 bathroom home in Ames, Iowa in a prime location for rental property ownership, just a short walk from Iowa State University. With spacious bedrooms, hardwood floors on the main level, and stainless steel appliances, the home is both functional and low-maintenance. Recent updates include new siding, roof, and vinyl windows, along with a 2021 HVAC system, providing peace of mind for years to come. Outside, enjoy a large yard and a detached one-stall garage. The property is currently leased through July 2026, with a rent increase already signed for the upcoming lease term, offering consistent cash flow from day one. A newly renewed Letter of Compliance is already in the works. Properties of this size and condition near campus are rare—this is a great long-term hold in an area with strong rental demand!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,408
Year Built
- Built in 1929
Parking
- 1 Car Detached Garage
Home Design
- Brick Foundation
- Vinyl Construction Material
Interior Spaces
- 1,157 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Living Room
- Dining Room
- Home Office
- Utility Room
- Partial Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Patio
- 9,400 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09-05-451-120
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $3,408 | $239,900 | $46,000 | $193,900 |
| 2023 | $3,096 | $239,900 | $46,000 | $193,900 |
| 2022 | $3,058 | $184,000 | $46,000 | $138,000 |
| 2021 | $3,190 | $184,000 | $46,000 | $138,000 |
| 2020 | $2,720 | $181,300 | $45,300 | $136,000 |
| 2019 | $2,720 | $156,800 | $39,200 | $117,600 |
| 2018 | $2,586 | $156,800 | $39,200 | $117,600 |
| 2017 | $2,586 | $156,800 | $39,200 | $117,600 |
| 2016 | $2,426 | $146,500 | $39,300 | $107,200 |
| 2015 | $2,426 | $146,500 | $39,300 | $107,200 |
| 2014 | $2,282 | $135,700 | $36,400 | $99,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | For Sale | $282,500 | -0.9% | $244 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $285,000 | +14.0% | $246 / Sq Ft |
| 07/14/2021 07/14/21 | Sold | $250,000 | 0.0% | $180 / Sq Ft |
| 06/05/2021 06/05/21 | Pending | -- | -- | -- |
| 06/04/2021 06/04/21 | For Sale | $250,000 | -- | $180 / Sq Ft |
Source: Central Iowa Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Available | |
| Corporate Deed | -- | -- | |
| Sheriffs Deed | $116,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | New Conventional |
Source: Public Records
Similar Homes in Ames, IA
Source: Central Iowa Board of REALTORS®
MLS Number: 66806
APN: 09-05-451-120
Nearby Homes
- 221 N Franklin Ave
- 3422 West St
- 3654 Story St
- 3223 West St
- 3312 Oakland St
- 213 S Wilmoth Ave
- 3017 Lincoln Way
- 3002 Woodland St
- 404 Hilltop Rd
- 424 Hilltop Rd
- 4015 Marigold Dr
- 1008 Mesa Verde Place
- 3224 Ross Rd
- 4300 Timber Ridge Dr
- 802 Phoenix Cir
- 1101 Iowa Ave
- 1114 Scott Ave
- 1219 Garfield Cir
- 918 Arizona Ave
- 2930 Green Hills Dr
- 3505-3515 Lincoln Way
- 3319 Story St
- 3306 Lincoln Way
- 3206 Lincoln Way
- 3815 Tripp St
- 3726 Tripp St
- 125 Campus Ave
- 3216 Tripp St
- 134 Campus Ave
- 4415 Lincoln Way Unit ID1261671P
- 4415 Lincoln Way Unit ID1261669P
- 4415 Lincoln Way Unit ID1261673P
- 254 Campus Ave
- 246 N Hyland Ave
- 4320 Westbrook Dr
- 2700 Lincoln Way
- 4301 Lincoln Swing St
- 4415 Lincoln Way
- 802 Delaware Ave
- 228-232 Welch Ave