Rare investment opportunity in Adel. 2 story duplex with full basement. 412 S 5th currently is rented, new 12 month lease will begin 6/1/2019.
Sold for $235,000
$235,000
412 S 5th St, Adel, IA 50003
2beds
2baths
1,836sqft
MultiFamily
Built in 1989
-- sqft lot
$254,800 Zestimate®
$128/sqft
$1,114 Estimated rent
Home value
$254,800
$227,000 - $280,000
$1,114/mo
Zestimate® history
Owner options
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$1,114/mo
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$1,114/mo
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$1,601/mo
Est. payment
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$1,601/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Refrigerator
- Laundry: In Unit
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,836 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 1132207008
Construction
Type & style
- Home type: MultiFamily
Materials
- Other
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1989
Community & HOA
Location
- Region: Adel
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $283,490
- Annual tax amount: $4,844
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $235,000+0.9%$128/sqft |
Source: Public Record Report a problem | ||
| 6/19/2019 | Sold | $233,000-2.9%$127/sqft |
Source: | ||
| 5/1/2019 | Listed for sale | $240,000$131/sqft |
Source: Iowa Realty #581193 Report a problem | ||
| 11/26/2018 | Listing removed | $900-9.9% |
Source: J and J Management Report a problem | ||
| 11/16/2018 | Price change | $999-4.9%$1/sqft |
Source: J and J Management Report a problem | ||
| 11/3/2018 | Listed for rent | $1,050$1/sqft |
Source: J and J Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,844 +4.4% | $283,490 +1% |
| 2024 | $4,638 +0.3% | $280,590 +5% |
| 2023 | $4,624 +20% | $267,240 +15.3% |
| 2022 | $3,854 +0.1% | $231,730 +19% |
| 2021 | $3,852 +2.5% | $194,680 +8.2% |
| 2020 | $3,758 +16% | $179,890 |
| 2019 | $3,240 +1.8% | $179,890 +14.7% |
| 2018 | $3,182 | $156,840 |
| 2017 | $3,182 +3.9% | $156,840 +8.3% |
| 2016 | $3,064 +6.7% | $144,800 |
| 2015 | $2,872 +4.8% | $144,800 |
| 2014 | $2,740 -2% | $144,800 |
| 2013 | $2,796 +1.2% | -- |
| 2012 | $2,762 +3.9% | -- |
| 2011 | $2,658 +2.9% | -- |
| 2010 | $2,582 -3.9% | -- |
| 2009 | $2,686 +2.4% | -- |
| 2008 | $2,622 +5.4% | -- |
| 2007 | $2,488 | -- |
Find assessor info on the county website
Neighborhood: 50003
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Nearby schools
GreatSchools rating
- NAAdel Elementary SchoolGrades: PK-1Distance: 0.9 mi
- 10/10ADM Middle SchoolGrades: 7-8Distance: 0.3 mi
- 9/10ADM Senior High SchoolGrades: 9-12Distance: 0.3 mi
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$254,800
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$259,896
- Iowa
- Dallas County
- Adel
- 50003
- 412 S 5th St