NOT LISTED FOR SALE

405 E Salem Ave Indianola, IA 50125

Estimated Value: $208,511 - $214,000

3 Beds
2 Baths
1,728 Sq Ft
$122/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $136,000 $79 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,415/month

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Main Floor Primary Bedroom
  • Shades
  • 2-minute walk to Sesquicentennial Park

About This Home

As of November 2016

Step inside and you will find the space you are looking for! Large rooms will sure to delight the entire family and will make entertaining a joy! From the large, front covered porch to the massive family room/dining room you will not want for more. Under the carpet are original hardowwd floors should you prefer to bring this home back to original. You will find many original pieces are still in the home making this a rare find. The assessor lists this as a 3 bdrm, but the front room could easily be used as a nursery/office or even a massive walk-in closet. The kitchen has just been remodeled with gorgeous cabinets and countertops. You will love the fact that you get a full bathroom off the master bedroom and a 3/4 ba., all on the main floor. The full basement has plenty of potential also - How will you make use of it? Outside is a large 2 car gar., and a fenced in back yard. This amount of sq ft is hard to find. Call for a private showing, today!

Last Agent to Sell the Property

Tanner Loyd

Iowa Realty Indianola Listed on: 09/02/2016

Iowa Realty Indianola

Last Buyer's Agent

Katharine Hawley

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1912

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86x148

Home Design

  • Bungalow
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Shades
  • Family Room
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48200110040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,487

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 78.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 78.70
  • Termite: Follow Showing Instructions
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors, Shades/Shutters, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1728
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1728
  • Total Sq Ft: 1728

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Walnut

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.2922
  • Lot S F: 12728
  • Lot Size: 86X148
  • Assessor Parcel Number: 48200110040
  • Zoning: Res

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: 2487.37
  • Net Taxes: 2298.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 16, 2016
Sold by
Deaton Bernard L and Deaton Amanda
Bought by
Schaefer Rebecca N and Schaefer Bradley J
Seller's Agent
Tanner Loyd
Iowa Realty Indianola
Buyer's Agent
Katharine Hawley
Realty ONE Group Impact
List Price
$135,000
Sold Price
$136,000
Premium/Discount to List
$1,000
0.74%
Current Estimated Value
$210,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,628
Avg. Annual Appreciation
5.17%
Original Mortgage
$134,700
Outstanding Balance
$113,355
Interest Rate
3.42%
Mortgage Type
USDA
Estimated Equity
$98,214

Purchase Details

Closed on
May 16, 2011
Sold by
Holland Frank
Bought by
Deaton Bernard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,350
Interest Rate
4.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Schaefer Rebecca N $136,000 None Available
Deaton Bernard L $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Rebecca N $134,700
Previous Owner Deaton Bernard L $103,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $136,000 +0.7% $79 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $135,000 -- $78 / 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
2024 $3,198 $178,400 $38,700 $139,700
2023 $3,198 $178,400 $38,700 $139,700
2022 $3,166 $150,100 $38,700 $111,400
2021 $3,168 $150,100 $38,700 $111,400
2020 $3,168 $141,900 $38,700 $103,200
2019 $2,864 $141,900 $38,700 $103,200
2018 $2,740 $0 $0 $0
2017 $2,360 $126,600 $0 $0
2016 $2,298 $118,100 $0 $0
2015 $2,298 $118,100 $0 $0
2014 $2,300 $118,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 524926

Des Moines Area Association of REALTORS®

APN: 48200110040