402 W Ashland Ave Indianola, IA 50125
Estimated payment $1,358/month
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
24-hour notice to show is required. A lockbox will by front door, one key for the upstairs and one for the main level. Entrance to the basement is from the door directly across the front door. Upstairs Tenant signed new lease in May 2025. Current lease is a 12 month lease, with a 1 month termination clause. Tenant parking is located in the alley behind the home. There is also street parking. New furnace. One thermostat on the main level for both apartments. Each unit has their own laundry. Has current rental certificate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,258
Year Built
- Built in 1900
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 45x150
Home Design
- Brick Foundation
- Block Foundation
Interior Spaces
- 2 Full Bathrooms
- 2,112 Sq Ft Home
- 2-Story Property
- 2 Kitchens
- Laundry Room
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 48390120110
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $2,125
Map
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 | $3,258 | $181,700 | $20,300 | $161,400 |
| 2023 | $3,068 | $181,700 | $20,300 | $161,400 |
| 2022 | $3,038 | $144,000 | $20,300 | $123,700 |
| 2021 | $3,020 | $144,000 | $20,300 | $123,700 |
| 2020 | $3,020 | $135,300 | $20,300 | $115,000 |
| 2019 | $2,892 | $135,300 | $20,300 | $115,000 |
| 2018 | $2,766 | $0 | $0 | $0 |
| 2017 | $2,600 | $0 | $0 | $0 |
| 2016 | $2,540 | $117,200 | $0 | $0 |
| 2015 | $2,540 | $0 | $0 | $0 |
| 2014 | $2,536 | $117,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $205,000 | -2.4% | $97 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $210,000 | +50.5% | $99 / Sq Ft |
| 05/31/2019 05/31/19 | Sold | $139,500 | -12.3% | $66 / Sq Ft |
| 04/17/2019 04/17/19 | Pending | -- | -- | -- |
| 11/06/2018 11/06/18 | For Sale | $159,000 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | None Available | |
| Warranty Deed | $139,500 | None Available | |
| Warranty Deed | $132,000 | None Available | |
| Warranty Deed | $120,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,534 | FHA | |
| Previous Owner | $132,525 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $99,000 | New Conventional | |
| Previous Owner | $114,000 | New Conventional |
Source: Des Moines Area Association of REALTORS®
MLS Number: 723983
APN: 48390120110
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