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Sold for $183,720
  • $183,720

    407 W Salem Ave, Indianola, IA 50125

    4beds
    2,342sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $205,900 Zestimate®
    $78/sqft
    $1,239 Estimated rent

    Home value

    $205,900

    $189,000 - $222,000

    $1,239/mo

    Zestimate® history
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    What's special

    Laundry areaLarge bedroomsSpacious layoutGenerous family roomAmple parkingSeparate entryOpen kitchen
    Are you in search of an investment property? Check out this duplex! It offers a great opportunity for you to live on one side while you rent the other. The duplex features a spacious layout, including 3 bedrooms and 1 bathroom, spread across two stories with large bedrooms. The main floor is equipped with a kitchen, laundry area, full bathroom, and a generous family room. The other side includes a 1-bedroom, 1-bathroom living space with an open kitchen and a stackable washer/dryer. Both units have a separate entry on the first floor. There is also a 2-car detached garage available. Ample parking is provided on-site as well as on the street. Make sure you don't miss out on this fantastic income opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Rocha (515)423-4463,

    EXP Realty, LLC,

    Rocio Hermosillo 515-657-0766,

    EXP Realty, LLC

    Bought with:

    Baker, Lissa

    RE/MAX Revolution

    Source: DMMLS,MLS#: 684116MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Baseboard, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Features
    • Basement: Crawl Space,Partial
    Interior area
    • Total structure area: 2,342
    • Total interior livable area: 2,342 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage, Two Car Garage
    • Garage spaces: 2
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Rectangular Lot
    Details
    • Parcel number: 48390160040
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Indianola

    Financial & listing details

    • Price per square foot: $78/sqft
    • Tax assessed value: $176,400
    • Annual tax amount: $2,512
    • Date on market: 10/20/2023
    • Cumulative days on market: 119 days
    • Listing terms: Cash,Conventional,Contract
    • Tenant pays: Electricity, Gas, Janitorial Service, Water
    • Electric utility on property: Yes
    • Road surface type: Concrete

    Price history

    DateEventPrice
    4/17/2024Sold$183,720-0.6%$78/sqft
    Source: DMMLS #684116 Report a problem
    3/25/2024Pending sale$184,900$79/sqft
    Source: DMMLS #684116 Report a problem
    3/21/2024Listed for sale$184,900$79/sqft
    Source: DMMLS #684116 Report a problem
    3/20/2024Pending sale$184,900$79/sqft
    Source: DMMLS #684116 Report a problem
    2/21/2024Listed for sale$184,900$79/sqft
    Source: DMMLS #684116 Report a problem
    1/27/2024Listing removed--
    Source: DMMLS #684116 Report a problem
    11/30/2023Price change$184,900-2.6%$79/sqft
    Source: DMMLS #684116 Report a problem
    10/20/2023Listed for sale$189,900+53.5%$81/sqft
    Source: DMMLS #684116 Report a problem
    9/19/2019Listing removed$1,200$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/27/2019Price change$1,200-4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/8/2019Listed for rent$1,250$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/11/2017Sold$123,750-4.7%$53/sqft
    Source: DMMLS #549407 Report a problem
    10/11/2017Listed for sale$129,900+3.9%$55/sqft
    Source: Iowa Realty Co., Inc. #549407 Report a problem
    11/25/2016Listing removed$125,000$53/sqft
    Source: Iowa Realty Co., Inc. #518407 Report a problem
    5/26/2016Listed for sale$125,000+25%$53/sqft
    Source: Iowa Realty Co., Inc. #518407 Report a problem
    10/2/2007Sold$100,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,514 +1.2%$176,400 +27.4%
    2024$2,484 -1.1%$138,500
    2023$2,512 +1%$138,500 +17.5%
    2022$2,486 -1.5%$117,900
    2021$2,524 +1.9%$117,900 +4.2%
    2020$2,477 +9.6%$113,100
    2019$2,260 +9.6%$113,100 +13.2%
    2018$2,062 -4.6%$99,900
    2017$2,162 +7.3%--
    2016$2,014 $92,900
    2015$2,014 --
    2014$2,014 +14.7%$93,100
    2013$1,756 -3.5%--
    2012$1,820 +7.2%--
    2011$1,698 +2.8%--
    2010$1,652 +0.1%--
    2009$1,650 +1.6%--
    2008$1,624 +4.5%--
    2007$1,554 --
    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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    $210,018