$59,999
SOLD JUN 20, 2024

801 W Orchard Ave Indianola, IA 50125

0.32 Acre
$187,497 Price per Acre
13,939 Sq Ft Lot

Recently Sold

25% Below List Price

1,703 Days on Market

About This Lot

As of September 2024

BARGAIN PRICE! What a great executive area to build your custom home. Near Indianola Country Club. North side of Indianola, easy access to DSM and surrounded by established homes $350k-$900k+. Lot 1 features 100' of frontage. It is a flat lot with room for a pool. Did you know we have a fun & vibrant square? Beautiful Buxton Park? National Balloon Classic? World Renowned Des Moines Metro Opera? Simpson College? Lake Ahquabi? Bike Trails & so much more. Protective covenants in place. Take advantage of Indianola's generous tax abatement & save thousands. (100/80/60/40/20 graduated program on your home). Bring your own builder! Added bonus: You can buy and hold onto this lot. No need to start building anytime soon.

Last Agent to Sell the Property

Karey Bishop

Iowa Realty Indianola Listed on: 09/10/2019

Iowa Realty Indianola

Last Buyer's Agent

Mike Christiansen

EXP Realty, LLC

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x138
  • Level Lot
  • Property is zoned R5

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 48329000010

Property Details

Property Type

Land

Est. Annual Taxes

$8

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Lot
  • Gas: Natural

Schools

  • School District: Indianola

Lot Info

  • Acres: 0.3200
  • Lot Frontage: 100
  • Lot Num: 1
  • Lot S F: 13800
  • Lot Size: 100x138
  • Lot Type: Flat
  • Assessor Parcel Number: 48329000010
  • Zoning: R5

Tax Info

  • Gross Taxes: 8.00
  • Net Taxes: 8.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Sep 3, 2024
Sold by
Genesis Homes Inc
Bought by
Decker Fisher and Decker Tatum
Seller's Agent
Mike Christiansen
EXP Realty, LLC
Buyer's Agent
Elizabeth Keller
CHASE Collective
List Price
$453,185
Sold Price
$490,874
Premium/Discount to List
$37,689
8.32%
Views
3
Current Estimated Value
$510,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,379
Avg. Annual Appreciation
3.49%
Original Mortgage
$458,695
Outstanding Balance
$455,728
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$50,898

Purchase Details

Listed on
Sep 10, 2019
Closed on
Jun 19, 2024
Sold by
Downing Family Investments Inc
Bought by
Genesis Homes Inc
Seller's Agent
Karey Bishop
Iowa Realty Indianola
Buyer's Agent
Mike Christiansen
EXP Realty, LLC
List Price
$79,900
Sold Price
$59,999
Premium/Discount to List
-$19,901
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2222137.95%
Original Mortgage
$30,000,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $491,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,695 FHA
Previous Owner $30,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $490,874 0.0% $187 / Sq Ft
09/03/2024 09/03/24 Price Changed $490,875 +8.3% $187 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $453,185 +655.3% $172 / Sq Ft
06/20/2024 06/20/24 Sold $59,999 0.0% --
05/09/2024 05/09/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $59,999 -7.7% --
09/01/2023 09/01/23 Price Changed $65,000 -13.3% --
01/09/2023 01/09/23 Price Changed $75,000 -6.1% --
09/13/2022 09/13/22 For Sale $79,900 +33.2% --
09/11/2022 09/11/22 Off Market $59,999 -- --
09/13/2021 09/13/21 For Sale $79,900 +33.2% --
09/10/2021 09/10/21 Off Market $59,999 -- --
09/10/2019 09/10/19 For Sale $79,000 -- --
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 $8 $63,500 $63,500 $0
2023 $8 $400 $400 $0
2022 $8 $400 $400 $0
2021 $8 $400 $400 $0
2020 $8 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 590931

Des Moines Area Association of REALTORS®

APN: 48329000010