NOT LISTED FOR SALE

507 E 3rd Ave Indianola, IA 50125

Estimated Value: $168,000 - $198,000

3 Beds
1 Bath
1,012 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $153,000 $151 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,209/month

42 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 3-minute walk to DeNelsky Park
  • No HOA

About This Home

As of August 2021

Don't miss this special home in the Great town of Indianola and a Great location so close to everything schools, parks, shopping & downtown. This is a very friendly neighborhood and peaceful setting that you'll enjoy to call your home. This ranch style home features 3 bedrooms, 1 bath, lots of space, a large basement, patio and also a 24 x 30 garage. You will want to get in quickly as it won't last long at this price whether your first home or wanting to down size call for your private tour Now!

Last Agent to Sell the Property

Norman Olson

RE/MAX Concepts Listed on: 07/09/2021

RE/MAX Concepts

Last Buyer's Agent

Malaki Wills

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1949

Lot Details

  • 14,026 Sq Ft Lot
  • Lot Dimensions are 72x180

Home Design

  • 1,012 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Stove

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48860000112

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,304

Year Built

Built in 1949

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 148.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 151.19
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1012
  • Total Sq Ft: 1012

Exterior Features

  • Exterior: Vinyl Siding
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.3220
  • Lot S F: 14026
  • Lot Shape: Regular
  • Lot Size: 72X180
  • Assessor Parcel Number: 48860000112
  • 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: 2304.00
  • Net Taxes: 2304.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 20, 2021
Sold by
Colburn Jean Collado and Colburn Greg
Bought by
Kingery Madysinn and Kingery Caleb
Seller's Agent
Norman Olson
RE/MAX Concepts
Buyer's Agent
Malaki Wills
RE/MAX Precision
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%
Current Estimated Value
$187,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,973
Avg. Annual Appreciation
4.57%
Original Mortgage
$150,228
Outstanding Balance
$136,099
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$51,874

Purchase Details

Closed on
Jul 25, 2007
Sold by
Legaspi Alsend John and Legaspi J A
Bought by
Collado Ejan

Purchase Details

Closed on
Sep 7, 2005
Sold by
Roberts Craig A and Roberts Darla J
Bought by
Legaspi Alsend John and Legaspi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,300
Interest Rate
6.01%
Mortgage Type
USDA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kingery Madysinn $153,000 None Available
Collado Ejan -- None Available
Legaspi Alsend John $117,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingery Madysinn $150,228
Previous Owner Legaspi Alsend John $120,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $153,000 +2.1% $151 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $149,900 -- $148 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,452 $175,200 $36,100 $139,100
2024 $2,420 $135,000 $19,400 $115,600
2023 $2,346 $135,000 $19,400 $115,600
2022 $2,322 $110,100 $19,400 $90,700
2021 $2,348 $110,100 $19,400 $90,700
2020 $2,348 $105,200 $19,400 $85,800
2019 $2,310 $105,200 $19,400 $85,800
2018 $2,328 $0 $0 $0
2017 $2,108 $0 $0 $0
2016 $2,058 $95,000 $0 $0
2015 $2,058 $0 $0 $0
2014 $2,082 $96,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 633197

Des Moines Area Association of REALTORS®

APN: 48860000112

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