NOT LISTED FOR SALE

4995 Merle Hay Rd Des Moines, IA 50310

Meredith Neighborhood
-- Bed
-- Bath
4,442 Sq Ft
1.85 Acres

About This Home

This home is located at 4995 Merle Hay Rd, Des Moines, IA 50310. 4995 Merle Hay Rd is a home located in Polk County with nearby schools including Henry A. Wallace Elementary School, Johnston Middle School, and Summit Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2024
Sold by
Adi Lakshimi Lodging Inc and Adi Lakshmi Lodging Inc
Bought by
Midwest Cheers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,200
Outstanding Balance
$567,022
Interest Rate
6.54%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2023
Sold by
State Savings Bank
Bought by
Adi Lakshimi Lodging Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 20, 2022
Sold by
Sheriff Of Polk County Iowa
Bought by
State Savings Bank

Purchase Details

Closed on
May 13, 2022
Sold by
Sheriff Of Polk County
Bought by
State Savings Bank
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Midwest Cheers Inc $305,000 None Listed On Document
Midwest Cheers Inc $305,000 None Listed On Document
Adi Lakshimi Lodging Inc $292,500 None Listed On Document
State Savings Bank $378,198 None Listed On Document
State Savings Bank $378,198 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Cheers Inc $571,200
Closed Midwest Cheers Inc $571,200
Previous Owner Adi Lakshimi Lodging Inc $1,500,000
Previous Owner Jt Investment Llc $319,291
Source: Public Records

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 $9,482 $305,000 $284,000 $21,000
2023 $8,868 $425,000 $384,000 $41,000
2022 $9,556 $395,000 $394,000 $1,000
2021 $14,290 $395,000 $394,000 $1,000
2020 $14,510 $550,000 $511,000 $39,000
2019 $13,564 $550,000 $511,000 $39,000
2018 $15,763 $515,000 $511,300 $3,700
2017 $12,282 $515,000 $511,300 $3,700
2016 $12,056 $475,000 $426,000 $49,000
2015 $12,056 $475,000 $426,000 $49,000
2014 $12,108 $445,000 $426,000 $19,000
Source: Public Records

Map

Iowa Polk County Des Moines 50310 Meredith

4995 Merle Hay Rd, Des Moines, IA

This home is located at 4995 Merle Hay Rd, Des Moines, IA 50310. 4995 Merle Hay Rd is a home located in Polk County with nearby schools including Henry A. Wallace Elementary School, Johnston Middle School, and Summit Middle School.

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