Seller's Agent in 2025
Troy Northrop
RE/MAX
(563) 920-5569
4 in this area
61 Total Sales
313 4th Ave SW Unit 315 Independence, IA 50644
4
Beds
2
Baths
1,451
Sq Ft
10,414
Sq Ft Lot
Highlights
- Corner Lot
- Central Air
- Garage
About This Home
As of July 2025This duplex offers a fantastic investment opportunity with great potential. Each unit features a spacious layout with a living room, dining room, kitchen, and half bath on the main level, plus two bedrooms and a full bath upstairs. Both units are currently vacant, giving you the flexibility to choose your next steps—owner-occupy one side and rent the other, or add both units to your rental portfolio. One unit is move-in ready and the other is in need of some updates, making it ideal for value-added improvements. Each unit has separate utilities and it’s own furnace and central air units. Situated on a nice corner lot, the property also includes a 2-stall detached garage.
Last Agent to Sell the Property
RE/MAX Independence Realty License #S65557000 Listed on: 06/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,680
Year Built
- Built in 1920
Lot Details
- 10,414 Sq Ft Lot
- Lot Dimensions are 82' x 127'
- Corner Lot
Home Design
- Duplex
- Concrete Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Stone Basement
- Laundry on lower level
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Garage
- 4 Open Parking Spaces
- Over 1 Space Per Unit
Schools
- Independence Elementary And Middle School
- Independence High School
Utilities
- Central Air
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, garbage pick-up, gas, heat, water
- Assessor Parcel Number 1004260008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Jul 25, 2025
Sold by
Risk Alexander A and Lindsay Kae
Bought by
Rentcf Llc
Seller's Agent
Troy Northrop
RE/MAX Independence Realty
Buyer's Agent
Tyler Rasmussen
EPM, Iowa
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$177,000
Outstanding Balance
$176,849
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$41,767
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $177,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $135,000 | -10.0% | $93 / Sq Ft |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $150,000 | -- | $103 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $2,762 | $137,860 | $25,290 | $112,570 |
| 2023 | $2,680 | $137,860 | $25,290 | $112,570 |
| 2022 | $2,276 | $108,180 | $20,070 | $88,110 |
| 2021 | $2,282 | $108,180 | $20,070 | $88,110 |
| 2020 | $2,282 | $100,420 | $18,400 | $82,020 |
| 2019 | $2,284 | $100,420 | $18,400 | $82,020 |
| 2018 | $2,190 | $99,160 | $18,400 | $80,760 |
| 2017 | $2,218 | $99,160 | $18,400 | $80,760 |
| 2016 | $2,186 | $99,120 | $9,950 | $89,170 |
| 2015 | $2,186 | $99,120 | $9,950 | $89,170 |
| 2014 | $2,228 | $99,120 | $9,950 | $89,170 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Northrop
-
Tyler Rasmussen
Buyer's Agent in 2025
Tyler Rasmussen
EPM, Iowa
(319) 560-3543
18 in this area
49 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252963
APN: 10.04.260.008
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.
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.
Nearby Homes