NOT LISTED FOR SALE

550 Indianola Rd Unit 1 Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $436,000 - $464,000

2 Beds
2.5 Baths
1,460 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $430,000 $295 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,045/month

333 Days on Market

Highlights

  • Covered Patio or Porch
  • Dining Area
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Something unique and remarkable is coming to Des Moines. Luxury finishes in these town homes, with heated garage, den/or exercise room finish on main floor entry. Bedrooms, stackable washer, with beautiful northern views of downtown skyline. Open kitchen and living room with half bath, eat in area, and fireplace on third floor with 8 x 12 foot sliders unto your concrete patio with glass railing overlooking the most impressive view of downtown you have ever seen. Full views of Principle Park, the river, skyline, and future location of soccer fields. 9 year tax abatement!!

Last Agent to Sell the Property

Matt Maro

RE/MAX Concepts Listed on: 02/25/2022

RE/MAX Concepts

Last Buyer's Agent

Michael Dunne

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022

Lot Details

  • 1,045

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,460 Sq Ft Home
  • 3-Story Property
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Conlin Properties Association

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Three Story
  • Lp Amt Sq Ft: 294.52
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 294.52
  • Termite: Call Listing Agent
  • Unit: 1
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Carpeting, Laminate Floors, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • Third Floor Half Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Fin Bsmt: 130
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1460
  • Total Sq Ft: 1460

Exterior Features

  • Exterior: Brick, Cement Board
  • Exterior Features: Covered Patio
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Snow Removal

Condo/Co-op/Association

  • Association Fee: 225.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: HOA TBD
  • Management Firm: Conlin Properties

Schools

  • School District: Des Moines Independent

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Zoning: NX

Multi Family

  • Geo Solar Thermal: No

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Elevate Townhomes Llc
Bought by
Leif Investments Inc
Current Estimated Value
$449,081

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 17, 2023
Sold by
Elevate Townhomes Llc
Bought by
Baltes Alexandria and Baltes Bryant
Seller's Agent
Matt Maro
RE/MAX Concepts
Buyer's Agent
Michael Dunne
RE/MAX Concepts
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$322,500
Interest Rate
6.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Leif Investments Inc $420,000 None Listed On Document
Leif Investments Inc $420,000 None Listed On Document
Baltes Alexandria $430,000 None Listed On Document
Baltes Alexandria $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baltes Bryant John $322,500
Previous Owner Baltes Alexandria $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $430,000 0.0% $295 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
04/18/2022 04/18/22 Price Changed $430,000 +2.4% $295 / Sq Ft
02/25/2022 02/25/22 For Sale $420,000 -- $288 / 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 -- $75,440 $75,440 $0
2023 -- $170,900 $75,400 $95,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Maro

    Seller's Agent in 2023

    Matt Maro

    RE/MAX

    (515) 779-3469

    25 in this area

    336 Total Sales

    Matt Maro
    Section Image
  • Michael Dunne

    Buyer's Agent in 2023

    Michael Dunne

    RE/MAX

    (515) 508-9388

    1 in this area

    128 Total Sales

    Michael Dunne
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 646415

Des Moines Area Association of REALTORS®

APN: 020/00275-003-001

Iowa Polk County Des Moines 50315 Indianola Hills

550 Indianola Rd Unit 1, Des Moines, IA

This home is located at 550 Indianola Rd Unit 1, Des Moines, IA 50315 since 25 February 2022 and is currently estimated at $449,081, approximately $307 per square foot. This property was built in 2022. 550 Indianola Rd Unit 1 is a home located in Polk County with nearby schools including Park Avenue Elementary School, Brody Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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