NOT LISTED FOR SALE

507 W Salem Ave Indianola, IA 50125

Estimated Value: $272,000 - $340,000

5 Beds
2 Baths
2,152 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $253,000 $118 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,879/month

47 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room
  • Main Floor Primary Bedroom
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2020

Historic charm meets modern amenities in this 5 BR/2 BA 1908 home. Full front porch leads to & entryway with hardwood floors & detailed woodwork pillars & staircase. Remodeled Kitchen w/ quality cabinetry, tile backsplash, stainless steel appliances & beadboard wainscoting. Living room leads to formal dining w/ original fireplace. Main floor home office/den has view of the deck & backyard. Bedroom on this level currently being used as a second office & has access to updated 3/4 BA w/ tiled shower & glass doors, w/ barn door opening to laundry. 2nd floor has 4 additional BRs, updated BA & built in hall closet. Unfinished lower level has space for hobby projects or storage, including workshop. Oversized 2 car detached garage with huge loft for storage/ studio or hideaway. High quality replacement windows & HVAC system. Home is walking distance to library, Simpson College, Irving Elementary & town square. 13 Mo HWA Platinum Home Warranty included!

Last Agent to Sell the Property

Misty Darling

BH&G Real Estate Innovations Listed on: 07/15/2020

Last Buyer's Agent

Barb McMurry

Iowa Realty Indianola

Iowa Realty Indianola

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1908

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2,152 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Drapes & Rods
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48390170040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,190

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 120.77
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 117.57
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Hardwood Floors, Smoke Detector, Tile 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
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2152
  • Total Sq Ft: 2152

Exterior Features

  • Foundation: Brick, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2600
  • Lot S F: 11250
  • Lot Shape: Regular
  • Lot Size: 75X150
  • Assessor Parcel Number: 48390170040
  • 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: 4189.65
  • Net Taxes: 3996.00
  • Tax Year: 2018

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Morgan Mary Y
Bought by
Mary Y Morgan Property Management Trust and Morgan
Current Estimated Value
$292,969

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 29, 2020
Sold by
Pooley James N and Pooley Rhonda R
Bought by
Morgan Mary
Seller's Agent
Misty Darling
BH&G Real Estate Innovations
Buyer's Agent
Barb McMurry
Iowa Realty Indianola
List Price
$259,900
Sold Price
$253,000
Premium/Discount to List
-$6,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Dec 30, 2005
Sold by
Isaacson John J and Isaacson Janet M
Bought by
Pooley James N and Pooley Rhonda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Mary Y Morgan Property Management Trust -- None Listed On Document
Morgan Mary $253,000 None Available
Pooley James N $174,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pooley James N $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $253,000 -2.7% $118 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $259,900 -- $121 / 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 $4,046 $281,700 $41,300 $240,400
2024 $4,110 $246,700 $33,800 $212,900
2023 $4,456 $246,700 $33,800 $212,900
2022 $4,412 $209,200 $33,800 $175,400
2021 $4,210 $209,200 $33,800 $175,400
2020 $4,210 $197,200 $33,800 $163,400
2019 $3,996 $197,200 $33,800 $163,400
2018 $3,820 $185,200 $0 $0
2017 $3,600 $185,200 $0 $0
2016 $3,510 $170,700 $0 $0
2015 $3,510 $170,700 $0 $0
2014 $3,506 $170,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 609810

Des Moines Area Association of REALTORS®

APN: 48390170040