NOT LISTED FOR SALE

505 N 16th St Indianola, IA 50125

Estimated Value: $262,671 - $281,000

3 Beds
2.5 Baths
1,188 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $205,500 $173 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,788/month

60 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Tile Flooring
  • No HOA
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Super clean & neat 3BR 3Bath home in popular eastside location. Close to all schools, LL fields, Blake Fieldhouse and Pickard Park. Fenced yard and small outbuilding along with a deck off upper level and patio off the walkout lower level. Fireplace in the family room down. Nice master suite with private bath and walkin closet. Central Air was new in 2018. Don t miss this one.

Last Agent to Sell the Property

Barb McMurry

Iowa Realty Indianola Listed on: 03/16/2020

Iowa Realty Indianola

Last Buyer's Agent

Jennifer Farrell

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1997

Lot Details

  • 7,934 Sq Ft Lot
  • Lot Dimensions are 59.36x130
  • Property is Fully Fenced

Home Design

  • Split Foyer
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • Gas Fireplace
  • Drapes & Rods
  • Family Room Downstairs
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48038000160

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Foyer
  • Lp Amt Sq Ft: 176.68
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 172.98
  • Termite: Call Listing Agent
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: Carpeting, Drapes/Curtains, Smoke Detector, Tile Floors, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 1188
  • Sq Ft Fin Bsmt: 400
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1188
  • Total Sq Ft: 1188

Exterior Features

  • Exterior: Frame
  • Exterior Features: Deck, Fully Fenced Yard, Open Patio
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete, Public Sidewalk
  • 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: 0.1820
  • Lot S F: 7934
  • Lot Size: 59.36X130
  • Assessor Parcel Number: 48038000160
  • Zoning: R

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: 3506.00
  • Net Taxes: 3314.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 13, 2020
Sold by
Arndt Andrew J
Bought by
Laird Aaron M and Walters Heidi S
Seller's Agent
Barb McMurry
Iowa Realty Indianola
Buyer's Agent
Jennifer Farrell
RE/MAX Concepts
List Price
$209,900
Sold Price
$205,500
Premium/Discount to List
-$4,400
-2.1%
Current Estimated Value
$271,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,668
Avg. Annual Appreciation
5.32%
Original Mortgage
$143,850
Outstanding Balance
$105,726
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$164,538

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 13, 2019
Sold by
Richardson Michael W and Richardson Sara E
Bought by
Arndt Andrew J
Seller's Agent
Karey Bishop
Iowa Realty Indianola
Buyer's Agent
Barb McMurry
Iowa Realty Indianola
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$191,919
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jul 12, 2013
Sold by
Chenault Scott and Chenault Sarah
Bought by
Richardson Michael W and Richardson Sara E
Seller's Agent
Paula Chew
Iowa Realty Indianola
Buyer's Agent
Karey Bishop
Iowa Realty Indianola
List Price
$162,500
Sold Price
$160,000
Premium/Discount to List
-$2,500
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$144,000
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2010
Sold by
Gross Layne B and Gross Dawn K
Bought by
Chenault Scott and Chenault Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,006
Interest Rate
4.74%
Mortgage Type
FHA
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
Laird Aaron M $205,500 None Available
Arndt Andrew J $190,000 None Available
Richardson Michael W $16,000,000 None Available
Chenault Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laird Aaron M $143,850
Previous Owner Arndt Andrew J $191,919
Previous Owner Richardson Michael W $20,000
Previous Owner Richardson Michael W $144,000
Previous Owner Chenault Scott $148,006
Previous Owner Chenault Scott $148,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $205,500 -2.1% $173 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $209,900 +10.5% $177 / Sq Ft
03/14/2019 03/14/19 Sold $190,000 -2.6% $160 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $195,000 +21.9% $164 / Sq Ft
07/16/2013 07/16/13 Sold $160,000 -1.5% $135 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $162,500 -- $137 / 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 $3,724 $218,200 $31,900 $186,300
2023 $3,680 $218,200 $31,900 $186,300
2022 $3,642 $181,600 $31,900 $149,700
2021 $3,662 $181,600 $31,900 $149,700
2020 $3,662 $172,600 $31,900 $140,700
2019 $3,314 $172,600 $31,900 $140,700
2018 $3,166 $155,000 $0 $0
2017 $2,966 $155,000 $0 $0
2016 $2,892 $142,200 $0 $0
2015 $2,892 $142,200 $0 $0
2014 $2,916 $143,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 601330

Des Moines Area Association of REALTORS®

APN: 48038000160