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Sold for $680,000
  • $680,000

    16771 118th Ave, Indianola, IA 50125

    4beds
    1,646sqft
    Single Family Residence
    Built in 2014
    20 Acres Lot
    $673,100 Zestimate®
    $413/sqft
    $2,089 Estimated rent

    Home value

    $673,100

    $599,000 - $754,000

    $2,089/mo

    Zestimate® history
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    What's special

    Basement kitchenetteExtra-large rear deckFenced dog runWalkout ranch style homeForest reserve
    Come see this wildlife lover/hunter’s dream property located on 20 acres right across from Lake Ahquabi State Park! This property features a walkout ranch style home with a large 2 car attached garage plus a huge 42’ X 80’ Morton building. The main level of this ranch home has 3 bedrooms including a master suite with walk-in closet and large private bathroom with walk-in shower. There are 2 more guest bedrooms on the opposite side of the house plus another full guest bathroom, a laundry room, a large open plan kitchen and dining area and a large living room. The basement has a 4th bedroom finished with a large walk-in closet and it is stubbed for a 3rd bathroom, 2nd laundry area and a basement kitchenette plus room for another living area. This would make a perfect separate living area for guests or extended family. The Morton building has a 5” poured concrete slab and 200-amp electrical service, plus it has water/sewer stubbed to the building. Seller is a licensed HVAC contractor and had the top of the line 98% efficient gas furnace and heat pump/ 23 seer AC unit installed. Home is served by natural gas which is uncommon for an acreage of this size. 2 X 6 construction for strength and energy efficiency. Orchard with 9 fruit trees including apple, pear, peach and cherry trees. Extra-large rear deck. Fenced dog run. 10 of the 20 acres is classified as forest reserve which provides for a credit against the property taxes which are only about $5,500/year. Call to see today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Mathews (515)202-1019,

    RE/MAX Revolution

    Bought with:

    David Peers

    RE/MAX Concepts

    Source: DMMLS,MLS#: 730127MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 3
    Heating
    • Forced Air, Gas, Heat Pump, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Features
    • Dining Area, Eat-in Kitchen, Cable TV, Window Treatments
    • Flooring: Carpet, Vinyl
    • Basement: Partially Finished,Walk-Out Access
    Interior area
    • Total structure area: 1,646
    • Total interior livable area: 1,646 sqft
    • Finished area below ground: 160

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Detached, Garage, Two Car Garage
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 20 Acres
    Details
    • Parcel number: 31000230890
    • Zoning: Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2014

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Rural

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Indianola

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $602,600
    • Annual tax amount: $5,658
    • Date on market: 11/10/2025
    • Cumulative days on market: 126 days
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    4/17/2026Sold$680,000-2.7%$413/sqft
    Source: DMMLS #730127 Report a problem
    3/26/2026Pending sale$699,000$425/sqft
    Source: DMMLS #730127 Report a problem
    3/12/2026Price change$699,000-6.8%$425/sqft
    Source: DMMLS #730127 Report a problem
    11/10/2025Listed for sale$750,000+581.8%$456/sqft
    Source: DMMLS #730127 Report a problem
    5/21/2012Sold$110,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,522 +1%$512,600 +21.5%
    2024$5,466 +11.4%$422,000
    2023$4,908 +0.9%$422,000 +26.8%
    2022$4,864 -3.1%$332,900
    2021$5,020 -1.6%$332,900 +4.4%
    2020$5,102 +4.7%$318,800
    2019$4,874 -2.9%$318,800 +4.6%
    2018$5,018 +3.8%$304,800 +3.7%
    2017$4,836 +25.1%$293,900 +24.4%
    2016$3,866 $236,300
    2015$3,866 $236,300 +1242.6%
    2014$3,866 $17,600
    Find assessor info on the county website

    Neighborhood: 50125

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Indianola

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $686,562