NOT LISTED FOR SALE

2648 & 2650 Indianapolis Ave Des Moines, IA 50317

Accent Neighborhood

Estimated Value: $167,654 - $211,000

3 Beds
2 Baths
-- Sq Ft
4,880 Sq Ft Lot

Last Sold November 14, 2014

Last sale price $149,000

Est. 26% increase in value since last sale

Current estimated payment $1,265/month

188 Days on Market

About This Home

As of November 2014

Great investment opportunity on this newer building. The 2648 unit is a 2 story with 3 bedrooms and unfinished basement, the 2650 unit is a split foyer with 3 bedrooms. Each tenant has a shed in backyard. There is a 3 car garage not currently used by tenants but by owner. This could also create more income. Good rental history, tenants pay all their own utilities, easy of rent, call today for appointment!

Last Agent to Sell the Property

Terry Anderson

RE/MAX Revolution Listed on: 05/10/2014

Last Buyer's Agent

Terry Anderson

RE/MAX Revolution Listed on: 05/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1993

Lot Details

  • 4,880

Parking

  • 3 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 2 Kitchens

Additional Features

  • 4,880 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $1,555

Listing and Financial Details

  • Assessor Parcel Number 06000401000000 & 06000400000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,622

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 32.00
  • Sp Amt Sq Ft: 31.00
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 2
  • Kitchens: 2

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured

Garage/Parking

  • Garage: 3 Detached
  • Off Street Parking: 4

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1120
  • Qualifier Acres: More or Less
  • Lot S F: 4880
  • Assessor Parcel Number: 06000401000000 & 06000400000000
  • Zoning: R160

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 3622.00
  • Net Taxes: 3622.00
  • Assessor Parcel Number: 2648 & 2650INDIANAPAVEPOLKDESMOINE50317

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2014
Closed on
Nov 11, 2014
Sold by
Clipperton Gene and Clipperton Sally A
Bought by
M Wrld Llc
Seller's Agent
Terry Anderson
RE/MAX Revolution
Buyer's Agent
Terry Anderson
RE/MAX Revolution
List Price
$156,000
Sold Price
$149,000
Premium/Discount to List
-$7,000
-4.49%
Total Days on Market
188
Current Estimated Value
$188,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,164
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Oct 13, 2008
Sold by
Clipperton Gene and Clipperton Sally
Bought by
M Wrld Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
6.41%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
M Wrld Llc $140,000 None Available
M Wrld Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M Wrld Llc $139,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $149,000 -4.5% --
11/14/2014 11/14/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $156,000 -- --
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 $2,570 $130,600 $16,500 $114,100
2023 $2,466 $130,600 $16,500 $114,100
2022 $2,446 $104,600 $13,800 $90,800
2021 $2,398 $104,600 $13,800 $90,800
2020 $2,492 $96,100 $12,600 $83,500
2019 $2,340 $96,100 $12,600 $83,500
2018 $2,318 $87,100 $11,100 $76,000
2017 $2,266 $87,100 $11,100 $76,000
2016 $2,208 $83,800 $10,500 $73,300
2015 $2,208 $83,800 $10,500 $73,300
2014 $1,906 $74,400 $9,600 $64,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435717

Des Moines Area Association of REALTORS®

APN: 060-00400000000