$25,000
SOLD MAY 29, 2025

516 SE 5th Ave Independence, IA 50644

0.29 Acre
$86,207 Price per Acre
12,632 Sq Ft Lot

Recently Sold

12% Below List Price

995 Days on Market

About This Lot

As of May 2025

Look at this great lot! Spacious .29 acre lot (Lot 6) awaiting your New Home plans. Skogman Homes has many floor plans to choose from and can build the perfect custom home for you or you can Choose your builder.

Last Agent to Sell the Property

Kristine Baldwin

Skogman Realty License #B57925000 Listed on: 07/25/2022

Skogman Realty

Last Buyer's Agent

larrykarsten Karsten

Ohl Iowa Realty, Inc License #B04962000

Ohl Iowa Realty, Inc

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 76x168
  • Level Lot

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1003308006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 1003308006
  • Property Sub-Type: Residential Lots
  • PropertyType: Land
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.29
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Phone: 563-920-9194
  • MLS Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: In Street
  • Water Source: In Street

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 76x168
  • Lot Size Sq Ft: 12632
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
May 20, 2025
Sold by
Midwest Development Co
Bought by
Hansen Nathan A
Seller's Agent
Kristine Baldwin
Skogman Realty
Buyer's Agent
larrykarsten Karsten
Ohl Iowa Realty, Inc
List Price
$28,500
Sold Price
$25,000
Premium/Discount to List
-$3,500
-12.28%
Views
43
Current Estimated Value
$64,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,585
Avg. Annual Appreciation
386.39%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Midwest Development Co
Bought by
Resh Jaclyn N and Bowers Shawn S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Warranty Deed $372,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $25,000 -12.3% --
04/15/2025 04/15/25 Pending -- -- --
07/25/2022 07/25/22 For Sale $28,500 -- --
Source: Northeast Iowa Regional Board 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 $56 $2,760 $2,760 $0
2024 $56 $2,760 $2,760 $0
2023 $54 $2,760 $2,760 $0
2022 $58 $2,760 $2,760 $0
2021 $62 $2,760 $2,760 $0
2020 $62 $2,760 $2,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223494

Northeast Iowa Regional Board of REALTORS®

APN: 1003308006