NOT LISTED FOR SALE

301 W Salem Ave Indianola, IA 50125

Estimated Value: $296,000 - $331,601

5 Beds
3 Baths
-- Sq Ft
8,250 Sq Ft Lot

Last Sold June 06, 2013

Last sale price $11,625

Est. 2,600% increase in value since last sale

Current estimated payment $2,114/month

63 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating System

About This Home

As of June 2013

Indianola has tenants looking for homes to rent. Are you looking for an opportunity to turn sweat equity into an investment with cash flow? This 2199 sf 4 plex needs work and is probably best fit for a cash buyer with vision for the future wanting a rental property. There are 2 one bedroom units and 2 efficiency units. Some appliances, some window units. Basement is useable. Near the square and commercially zoned.

Last Agent to Sell the Property

Karey Bishop

Iowa Realty Indianola Listed on: 04/04/2013

Iowa Realty Indianola

Last Buyer's Agent

Nancy Laxton

Iowa Realty Indianola

Iowa Realty Indianola

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 55 x 150

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 4 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 48020150010

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 5.00
  • Sp Amt Sq Ft: 1.00
  • Termite: Follow Showing Instructions
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 1
  • Stoves Total: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Partial Bath Total: 2
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 4
  • Laundry: Yes
  • Storage: No
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Frame
  • Foundation: Stone, Tile
  • Sidewalk: 1

Utilities

  • Air Conditioner: See Remarks, Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Manager: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.1890
  • Lot S F: 8250
  • Lot Size: 55 X 150
  • Assessor Parcel Number: 48020150010
  • Zoning: C

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2982.00
  • Net Taxes: 2982.00
  • Assessor Parcel Number: 301WSALEMAVEWARRENINDIANOL50125
  • Tax Year: 2011

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2014
Sold by
The City Of Indianola
Bought by
Hart Holdings Llc
Current Estimated Value
$313,900
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
Hart Holdings Llc $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Holdings L L C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $11,625 -70.9% --
06/06/2013 06/06/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $39,900 -- --
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 $5,004 $279,100 $37,800 $241,300
2023 $5,082 $279,100 $37,800 $241,300
2022 $5,030 $238,500 $37,800 $200,700
2021 $5,054 $238,500 $37,800 $200,700
2020 $5,054 $226,400 $37,800 $188,600
2019 $3,152 $226,400 $37,800 $188,600
2018 $3,016 $0 $0 $0
2017 $1,344 $0 $0 $0
2016 $216 $10,000 $0 $0
2015 $216 $0 $0 $0
2014 $638 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karey Bishop

    Seller's Agent in 2013

    Karey Bishop

    Iowa Realty Indianola

    (515) 229-7344

    202 in this area

    276 Total Sales

    Karey Bishop
    Section Image
  • Nancy Laxton

    Buyer's Agent in 2013

    Nancy Laxton

    Iowa Realty Indianola

    (515) 710-0445

    25 in this area

    49 Total Sales

    Nancy Laxton
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 415166

Des Moines Area Association of REALTORS®

APN: 48020150010

Iowa Warren County Indianola 50125

301 W Salem Ave, Indianola, IA

This home is located at 301 W Salem Ave, Indianola, IA 50125 since 04 April 2013 and is currently estimated at $313,900. This property was built in 1890. 301 W Salem Ave is a home located in Warren County with nearby schools including Indianola High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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