NOT LISTED FOR SALE

504 W 5th Ave Indianola, IA 50125

Estimated Value: $182,000 - $199,377

3 Beds
1.5 Baths
880 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $176,300 $200 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,205/month

12 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 4-minute walk to South Park
  • No HOA

About This Home

As of December 2022

This 3 bedroom/1 bath ranch has a newer roof, updated mechanicals (furnace), water heater, newer refrigerator and usable space in the basement. The large backyard is fenced and with two sheds creating a perfect place for entertaining and pets. The detached, oversized two-car garage has a workbench and ample space for storage. The kitchen has everything you need right at your fingertips with plenty of cabinets! Located in Indianola, it is easy to see why this is a community with hometown pride providing a quieter setting with all the amenities you could want and need while still an easy commute to Des Moines. At this price would be competitive to rent on similar properties while allowing you to make it your own. Don't miss out on this turnkey home! Call your agent today!

Last Agent to Sell the Property

Matt Cole

RE/MAX Concepts Listed on: 10/27/2022

RE/MAX Concepts

Last Buyer's Agent

Cathy Hommer

Iowa Realty Indianola

Iowa Realty Indianola

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 86x129
  • Chain Link Fence

Home Design

  • 880 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48560000350

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 198.86
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 200.34
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Unfinished
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 880
  • Total Sq Ft: 880

Exterior Features

  • Exterior: Metal Siding
  • Fence Type: Chain Link
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2550
  • Lot S F: 11108
  • Lot Shape: Regular
  • Lot Size: 86X129
  • Assessor Parcel Number: 48560000350
  • 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: 2104.00
  • Net Taxes: 2104.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 30, 2022
Sold by
Cole Mary E
Bought by
Hoffman Susan and Phillips Steven
Seller's Agent
Matt Cole
RE/MAX Concepts
Buyer's Agent
Cathy Hommer
Iowa Realty Indianola
List Price
$180,000
Sold Price
$176,300
Premium/Discount to List
-$3,700
-2.06%
Views
63
Current Estimated Value
$189,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,544
Avg. Annual Appreciation
2.59%
Original Mortgage
$173,106
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hoffman Susan $176,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Susan $173,106
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $176,300 +0.7% $200 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $175,000 -2.8% $199 / Sq Ft
10/27/2022 10/27/22 For Sale $180,000 -- $205 / 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 $2,488 $160,200 $35,300 $124,900
2024 $2,456 $137,000 $28,900 $108,100
2023 $2,290 $137,000 $28,900 $108,100
2022 $2,104 $116,400 $28,900 $87,500
2021 $2,134 $116,400 $28,900 $87,500
2020 $2,134 $111,300 $28,900 $82,400
2019 $1,978 $111,300 $28,900 $82,400
2018 $1,876 $102,900 $0 $0
2017 $1,876 $102,900 $0 $0
2016 $1,720 $95,600 $0 $0
2015 $1,720 $95,600 $0 $0
2014 $1,744 $96,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 662821

Des Moines Area Association of REALTORS®

APN: 48560000350