508 W Madison Place Indianola, IA 50125
3
Beds
2.5
Baths
1,748
Sq Ft
0.41
Acres
Highlights
- Traditional Architecture
- Formal Dining Room
- Forced Air Heating and Cooling System
- No HOA
- Tile Flooring
- Family Room
About This Home
As of April 2025Hard to find cul-de-sac home w/ a large, fenced yard. A peaceful retreat with room to spread out is what everyone is looking for these days. Look no further, this 3 bd 2.5 ba 2-story home has something for everyone. The location is ideal - Situated on the north side for a quick exit to the metro, but head down C Street for an easy drive to schools, or downtown shopping. You're going to love the location! But, let's not overlook the amazing kitchen! Fully remodeled and improved in every way, the floorplan adjustments make this style of home function much better than before. Stylish, functional, and spacious, you will not find a nicer kitchen space in this price range. The dining space, cozy living room w/ fireplace, 3-season porch, and massive deck round out the main floor. If you're not SOLD yet, the large bedrooms, spacious closets, 2.5 baths and loads of potential in the LL, will! Oh, don’t forget the new shed! Get here fast, this will not last long!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,639
Year Built
- Built in 1975
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 38x170
- Wood Fence
- Property is zoned R1
Home Design
- Traditional Architecture
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,748 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room
- Formal Dining Room
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 2 Car Attached 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 48160000360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2017
Closed on
Jul 26, 2017
Sold by
Hooe Kyle P and Hooe Claire E
Bought by
Benson Jessica and Farnsworth Anthony D
Seller's Agent
Nancy Niece-Roush
Iowa Realty Indianola
Buyer's Agent
Nancy Niece-Roush
Iowa Realty Indianola
List Price
$219,500
Sold Price
$219,500
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,978
Avg. Annual Appreciation
4.46%
Original Mortgage
$208,525
Outstanding Balance
$175,010
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$137,370
Similar Homes in Indianola, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $219,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,525 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $315,000 | 0.0% | $180 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $315,000 | +43.5% | $180 / Sq Ft |
| 07/27/2017 07/27/17 | Sold | $219,500 | 0.0% | $126 / Sq Ft |
| 06/27/2017 06/27/17 | Pending | -- | -- | -- |
| 05/01/2017 05/01/17 | For Sale | $219,500 | +36.3% | $126 / Sq Ft |
| 02/28/2013 02/28/13 | Sold | $161,000 | -10.5% | $92 / Sq Ft |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 09/17/2012 09/17/12 | For Sale | $179,900 | -- | $103 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,452 | $258,800 | $44,600 | $214,200 |
| 2023 | $4,576 | $258,800 | $44,600 | $214,200 |
| 2022 | $4,530 | $214,800 | $44,600 | $170,200 |
| 2021 | $4,574 | $214,800 | $44,600 | $170,200 |
| 2020 | $4,574 | $204,900 | $44,600 | $160,300 |
| 2019 | $4,362 | $204,900 | $44,600 | $160,300 |
| 2018 | $4,174 | $0 | $0 | $0 |
| 2017 | $3,914 | $0 | $0 | $0 |
| 2016 | $3,822 | $176,400 | $0 | $0 |
| 2015 | $3,822 | $0 | $0 | $0 |
| 2014 | $3,856 | $178,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tanner Loyd
Seller's Agent in 2025
Tanner Loyd
Iowa Realty Indianola
(515) 453-5294
34 in this area
117 Total Sales
-
Kenzie Brandsgard
Buyer's Agent in 2025
Kenzie Brandsgard
Iowa Realty Indianola
(515) 771-3394
21 in this area
105 Total Sales
-
Jill Carpenter
Buyer Co-Listing Agent in 2025
Jill Carpenter
Iowa Realty Indianola
(515) 453-5676
26 in this area
155 Total Sales
-
N
Seller's Agent in 2017
Nancy Niece-Roush
Iowa Realty Indianola
-
K
Seller's Agent in 2013
Karla Roush
Coldwell Banker Mid-America
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 713114
APN: 48160000360
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