NOT LISTED FOR SALE

501 S 1st St Indianola, IA 50125

Estimated Value: $327,000 - $348,239

3 Beds
2 Baths
2,448 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $240,000 $98 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,306/month

139 Days on Market

Highlights

  • 0.6 Acre Lot
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Mud Room
  • 1-minute walk to Barker Park

About This Home

As of March 2019

Unbelievable Victorian style double brick home on a large fenced lot with mature trees. This home is a true survivor and has only seen 5 owners in its 113 years. Beautiful corner lot overlooking the park. Original ornate woodwork, fixtures, pocket doors, transom windows. Sprawling wood staircase. 3 massive bedrooms and a bonus room that would be the perfect office or nursery. 2 parlors and a dining room that can hold even the largest of families. 2nd eating area in the kitchen as well as a woodburning stove. The bedrooms have oversized closets as well as a cedar lined hallway closet. Outside has a steel-fenced yard, gazebo, covered patio, a large concrete patio, and a storage shed. Recent updates include NEW Electrical panel, NEW Roof on Garage, NEW Plumbing, NEW flooring in kitchen, both baths and entryway. Fresh paint on outside windows and front porch. The basement has ALOT of storage and is already stubbed for a bath if you wanted to finish for additional living space or bedrooms.

Last Agent to Sell the Property

Brett Fine

RE/MAX Concepts Listed on: 11/08/2018

RE/MAX Concepts

Last Buyer's Agent

Michael Counts

RE/MAX Revolution

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,768

Year Built

  • Built in 1905

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 162x162
  • Property is Fully Fenced
  • Aluminum or Metal Fence

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof
  • Rubber Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Drapes & Rods
  • Mud Room
  • Formal Dining Room
  • Den
  • Library
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48670000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,768

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Architecture: Victorian
  • Lp Amt Sq Ft: 105.80
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 98.04
  • Termite: Call Listing Agent
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood
  • Fireplaces: 1
  • Interior Amenities: Carpeting, Drapes/Curtains, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1224
  • Dining Room: Dining Areas, Eat In Kitchen, Formal Dining Rm
  • Other Rooms: Library, Mud Room, Study
  • Included Items: Microwave, Stove, Wall Oven
  • Living Area Sq Ft: 2448
  • Total Sq Ft: 2448

Exterior Features

  • Exterior: Brick
  • Exterior Features: Covered Patio, Fully Fenced Yard, Open Patio
  • Fence Type: Iron
  • Foundation: Brick
  • Roof: Asphalt Shingle, Rubber
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.6025
  • Lot S F: 26244
  • Lot Shape: Regular
  • Lot Size: 162X162
  • Assessor Parcel Number: 48670000030
  • 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: 5768.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Mar 20, 2019
Sold by
Palmer Bonnie
Bought by
Neal Jonathon
Seller's Agent
Brett Fine
RE/MAX Concepts
Buyer's Agent
Michael Counts
RE/MAX Revolution
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Current Estimated Value
$338,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,810
Avg. Annual Appreciation
5.54%
Original Mortgage
$240,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 2005
Sold by
Ludgate Jack A and Ludgate Patricia L
Bought by
Morgan Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Neal Jonathon $240,000 None Available
Morgan Brenda M $272,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Jonathon $238,267
Closed Neal Jonathan $241,420
Closed Neal Jonathon $240,000
Previous Owner Morgan Brenda L $40,000
Previous Owner Morgan Brenda M $201,000
Previous Owner Ludgate Jack A $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $240,000 -7.3% $98 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $259,000 -- $106 / 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 $5,516 $318,100 $49,200 $268,900
2023 $5,578 $318,100 $49,200 $268,900
2022 $5,520 $270,700 $49,200 $221,500
2021 $5,486 $270,700 $49,200 $221,500
2020 $5,486 $254,300 $49,200 $205,100
2019 $6,032 $254,300 $49,200 $205,100
2018 $5,768 $275,200 $0 $0
2017 $5,422 $275,200 $0 $0
2016 $5,290 $252,800 $0 $0
2015 $5,290 $252,800 $0 $0
2014 $5,282 $252,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Fine

    Seller's Agent in 2019

    Brett Fine

    RE/MAX

    (515) 314-8673

    4 in this area

    162 Total Sales

    Brett Fine
    Section Image
  • Michael Counts

    Buyer's Agent in 2019

    Michael Counts

    RE/MAX Revolution

    (515) 771-6453

    95 Total Sales

    Michael Counts
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 572469

Des Moines Area Association of REALTORS®

APN: 48670000030

Iowa Warren County Indianola 50125

501 S 1st St, Indianola, IA

This home is located at 501 S 1st St, Indianola, IA 50125 since 08 November 2018 and is currently estimated at $338,810, approximately $138 per square foot. This property was built in 1905. 501 S 1st St is a home located in Warren County with nearby schools including Indianola High School.

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.

Des Moines Area Association of REALTORS® 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.

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