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Off market
  • $257,700

    201 E 1st Ave, Indianola, IA 50125

    --beds
    3baths
    1,812sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $257,700 Zestimate®
    $142/sqft
    $1,308 Estimated rent

    Home value

    $257,700

    $242,000 - $273,000

    $1,308/mo

    Zestimate® history
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    Owner options

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    $1,308/mo

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    Rent Zestimate®

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    $1,721/mo

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    What's special

    Income producing investment property in great location near Simpson College. Main floor has 2 bedrooms, dining, living, kitchen, laundry & bath. Upper unit is efficiency with large living/bedroom, kitchen & bath. Finished lower level is a walkout with 2 potential non-conforming bedrooms, living room, kitchen & bath. All units have separate entrances, but on shared meter. Owner pays utilities. Property is dated and does need some cosmetic work such as exterior paint and some minor repair and is priced accordingly. Being sold As Is. Could be easily converted back to single family home. Solid & dry foundation per owner.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    Heating
    • Forced air, Gas
    Features
    • 1st Flr Laundry
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,812 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Shingle
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 48020200090

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Indianola

    Financial & listing details

    • Price per square foot: $142/sqft
    • Tax assessed value: $274,400
    • Annual tax amount: $3,932

    Price history

    DateEventPrice
    4/1/2022Sold$235,000-0.8%$130/sqft
    Source: DMMLS #641160 Report a problem
    1/21/2022Pending sale$236,900$131/sqft
    Source: DMMLS #641160 Report a problem
    12/16/2021Price change$236,900-4.1%$131/sqft
    Source: DMMLS #641160 Report a problem
    12/2/2021Price change$246,900-1.2%$136/sqft
    Source: DMMLS #641160 Report a problem
    11/5/2021Listed for sale$249,900+247.1%$138/sqft
    Source: DMMLS #641160 Report a problem
    11/9/2020Listing removed$72,000$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    10/13/2020Listed for sale$72,000$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    10/6/2020Pending sale$72,000$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    9/8/2020Listed for sale$72,000$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    8/31/2020Pending sale$72,000$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    8/14/2020Price change$72,000-10%$40/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    7/16/2020Price change$80,000-5.9%$44/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    6/22/2020Listed for sale$85,000+93.2%$47/sqft
    Source: Realty ONE Group Impact #608059 Report a problem
    11/9/2012Sold$44,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,932 +1.4%$274,400 +21%
    2024$3,878 +2.4%$226,800
    2023$3,788 +68.5%$226,800 +21.5%
    2022$2,248 -1.5%$186,700 +75.1%
    2021$2,282 +2%$106,600 +4.3%
    2020$2,238 +4.5%$102,200
    2019$2,142 +10.3%$102,200 +7.9%
    2018$1,942 -5.3%$94,700
    2017$2,050 +8.1%--
    2016$1,896 --
    2015$1,896 --
    2014$1,896 $88,600
    Find assessor info on the county website

    Neighborhood: 50125

    Nearby schools

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

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

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    $257,700
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    +$5,154
    With Zillow Showcase(estimated)
    $262,854