This one-bedroom, one-bath home on nearly half an acre on the south side of Des Moines, comes at a low price point because of a fire. This opportunity could provide the right investor a chance for great returns after restoration. With the right approach, this early 20th century home can be transformed and revitalized, contributing to the community's growth and offering a fresh start for future residents. For those looking to invest, this home is worth exploring, especially in investors with a strong sense of community. All information obtained from seller and public records.
Sold for $25,000
$25,000
3140 SE 5th St, Des Moines, IA 50315
1beds
891sqft
Single Family Residence
Built in 1939
0.46 Acres Lot
$166,300 Zestimate®
$28/sqft
$991 Estimated rent
Home value
$166,300
$158,000 - $175,000
$991/mo
Zestimate® history
Owner options
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$991/mo
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$991/mo
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$137/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kilpatrick, Jon (515)418-1896,
RE/MAX Precision
Bought with:
Abraham Sanchez
Realty ONE Group Impact
Source: DMMLS,MLS#: 704317
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 891
- Total interior livable area: 891 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Two Car Garage
- Attached garage spaces: 2
Lot
- Size: 0.46 Acres
- Features: Rectangular Lot
Details
- Parcel number: 01001616000000
- Zoning: N3B
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listing removed | $174,900$196/sqft |
Source:  DMMLS #734119 Report a problem | ||
| 2/12/2026 | Listed for sale | $174,900+599.6%$196/sqft |
Source: DMMLS #734119 Report a problem | ||
| 10/11/2024 | Sold | $25,000$28/sqft |
Source: DMMLS #704317 Report a problem | ||
| 9/20/2024 | Pending sale | $25,000$28/sqft |
Source: DMMLS #704317 Report a problem | ||
| 9/20/2024 | Listed for sale | $25,000+641.8%$28/sqft |
Source: DMMLS #704317 Report a problem | ||
| 9/10/2018 | Sold | $3,370-94.2%$4/sqft |
Source: Public Record Report a problem | ||
| 11/1/2007 | Sold | $57,900-18.6%$65/sqft |
Source: Public Record Report a problem | ||
| 11/6/2002 | Sold | $71,115+49.7%$80/sqft |
Source: Public Record Report a problem | ||
| 10/3/2000 | Sold | $47,500$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,056 -3.9% | $134,400 +6.4% |
| 2024 | $2,140 -1.2% | $126,300 |
| 2023 | $2,166 +0.8% | $126,300 +25.3% |
| 2022 | $2,148 +7.7% | $100,800 |
| 2021 | $1,994 -3.5% | $100,800 +13.9% |
| 2020 | $2,066 +4.7% | $88,500 |
| 2019 | $1,974 +0.6% | $88,500 +7.3% |
| 2018 | $1,962 | $82,500 |
| 2017 | $1,962 +10% | $82,500 +8% |
| 2016 | $1,784 | $76,400 |
| 2015 | $1,784 +11.5% | $76,400 +7% |
| 2014 | $1,600 | $71,400 |
| 2013 | -- | $71,400 -0.6% |
| 2012 | -- | $71,800 |
| 2011 | -- | $71,800 -12.3% |
| 2010 | -- | $81,900 -1.2% |
| 2009 | -- | $82,900 +1.3% |
| 2008 | -- | $81,800 |
| 2007 | -- | $81,800 +9.7% |
| 2006 | -- | $74,600 |
| 2005 | -- | $74,600 +7.4% |
| 2003 | -- | $69,470 +22.3% |
| 2002 | -- | $56,780 |
| 2001 | -- | $56,780 |
Find assessor info on the county website
Neighborhood: Indianola Hills
Nearby schools
GreatSchools rating
- 4/10Howe Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Weeks Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Lincoln High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Des Moines Independent
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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$166,300
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$169,626
- Iowa
- Polk County
- Des Moines
- 50315
- Indianola Hills
- 3140 SE 5th St
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Nearby neighborhoods
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