NOT LISTED FOR SALE

550 Indianola Rd Unit 5 Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $425,000 - $464,000

2 Beds
2.5 Baths
1,460 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $420,000 $288 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,971/month

49 Days on Market

Highlights

  • Home Gym
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Den
  • Luxury Vinyl Plank Tile Flooring
  • Dining Area

About This Home

As of November 2023

Elevate Townhomes provides a view of the downtown skyline unlike any other! Complete panoramic views of the river, the capital, downtown skyline, principle park, and new soccer stadium. The executive finishes in these units will blow you away. This is one of only four units left in first phase.

NINE YEAR TAX ABATEMENT

Last Agent to Sell the Property

Matt Maro

RE/MAX Concepts Listed on: 07/28/2023

RE/MAX Concepts

Last Buyer's Agent

Emina Steward

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022

Lot Details

  • 871

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
  • Den
  • Home Gym

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • 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

  • Elevate Townhomes Llc 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: 287.67
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 287.67
  • Termite: Call Listing Agent
  • Unit: 5
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Carpeting, LVP, 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
  • Dining Room: Dining Areas
  • Other Rooms: Den, Exercise Room, See Remarks
  • 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: Elevate Townhomes LLC

Green Features

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

Lot Info

  • Zoning: NX

Rental Info

  • Rent Restriction Description: No rental restrictions whatsoever.

Multi Family

  • Geo Solar Thermal: No

MLS Schools

  • School District: Des Moines Independent

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $420,000 0.0% $288 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
07/28/2023 07/28/23 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
2025 -- $409,000 $90,300 $318,700
2024 -- $70,480 $70,480 $0
2023 -- $164,900 $70,500 $94,400
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

    335 Total Sales

    Matt Maro
    Section Image
  • Emina Steward

    Buyer's Agent in 2023

    Emina Steward

    RE/MAX

    (515) 322-1214

    2 in this area

    218 Total Sales

    Emina Steward
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 679271

Des Moines Area Association of REALTORS®

APN: 020/00275-003-007

Iowa Polk County Des Moines 50315 Indianola Hills

550 Indianola Rd Unit 5, Des Moines, IA

Not Listed for Sale

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