NOT LISTED FOR SALE

3745 Indianapolis Ave Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $220,000 - $272,000

3 Beds
2 Baths
1,512 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $80,100 $53 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,622/month

140 Days on Market

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Tile Flooring
  • Family Room

About This Home

As of February 2017

Exceptional opportunity to own this spacious 1965 built raised ranch for over $67,000 less than it sold for nine years ago and over $38,000 less than assessed value! Three bedroom with a large "L" shaped family room, center island kitchen and formal dining area, four season porch with a fireplace and hot tub, and an 8 x 16 deck overlooking the ample back yard which backs to green space. The lower level is a finished walk out with a full bath, rec room and a three car attached garage. Potential and possibilities galore here! Lower level finished sf is estimated and is not listed on the assessor site. This is a Fannie Mae HomePath property. Visit the HomePath website for additional details on this home and others offered by Fannie Mae.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 09/27/2016

Last Buyer's Agent

Kent Lehs

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 110x123

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Family Room
  • Dining Area
  • Finished Basement
  • Walk-Out Basement
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06000583002000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch-Raised
  • Lp Amt Sq Ft: 52.84
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 52.98
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished, Walkout
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Microwave
  • Living Area Sq Ft: 1512
  • Total Sq Ft: 1512

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.3110
  • Lot S F: 13530
  • Lot Shape: Regular
  • Lot Size: 110X123
  • Assessor Parcel Number: 06000583002000
  • Zoning: R

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: 3130.00
  • Net Taxes: 3130.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Lehs Kent E and Lehs Beverly K
Bought by
Btb Investments 2 Llc
Current Estimated Value
$246,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,660,661
Outstanding Balance
$10,598,894
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$10,352,226

Purchase Details

Listed on
Sep 27, 2016
Closed on
Feb 14, 2017
Sold by
Fannie Mae
Bought by
Lehs Kent
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Kent Lehs
Iowa Realty Beaverdale
List Price
$106,900
Sold Price
$80,100
Premium/Discount to List
-$26,800
-25.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%

Purchase Details

Closed on
Aug 23, 2016
Sold by
Sheriff Of Polk County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 14, 2007
Sold by
Thostenson Dustin W and Thostenson Catherine C
Bought by
Johnson Billy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Btb Investments 2 Llc $188,000 None Listed On Document
Btb Investments 2 Llc $188,000 None Listed On Document
Lehs Kent -- None Available
Federal National Mortgage Association -- None Available
Johnson Billy J $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Btb Investments 2 Llc $10,660,661
Previous Owner Johnson Billy J $147,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $80,100 -25.1% $53 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $106,900 -- $71 / 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
2025 $3,834 $279,200 $30,700 $248,500
2024 $3,834 $194,900 $27,200 $167,700
2023 $3,302 $251,900 $27,200 $224,700
2022 $3,276 $197,100 $22,100 $175,000
2021 $2,938 $197,100 $22,100 $175,000
2020 $3,052 $174,700 $19,500 $155,200
2019 $2,636 $174,700 $19,500 $155,200
2018 $2,568 $155,100 $17,000 $138,100
2017 $3,214 $96,500 $15,400 $81,100
2016 $3,290 $118,800 $14,400 $104,400
2015 $3,130 $118,800 $14,400 $104,400
2014 $3,036 $118,600 $13,500 $105,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Diana Pastor

    Country Estates Realty

    (515) 710-7100

    2 in this area

    49 Total Sales

    Diana Pastor
    Section Image
  • Kent Lehs

    Buyer's Agent in 2017

    Kent Lehs

    Iowa Realty Beaverdale

    (515) 669-2969

    1 in this area

    35 Total Sales

    Kent Lehs
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 526313

Des Moines Area Association of REALTORS®

APN: 060-00583002000

Iowa Polk County Des Moines 50317 Gray's Woods

3745 Indianapolis Ave, Des Moines, IA

Not Listed for Sale

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