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Sold for $640,000
  • $640,000

    501 NE Madison Ave, Elkhart, IA 50073

    5beds
    2,665sqft
    Single Family Residence
    Built in 2024
    0.72 Acres Lot
    $640,400 Zestimate®
    $240/sqft
    $3,393 Estimated rent

    Home value

    $640,400

    $608,000 - $672,000

    $3,393/mo

    Zestimate® history
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    What's special

    Introducing the Vanguard. Gorgeous Two-Story home by Kimberley Development, 3,621 finished SF, 5 beds, 4.5 baths, 785 SF insulated & epoxied garage on a .719 acre wooded lot! As you walk in the home, you'll find French Doors to Office/Den w/ oak beam in ceiling, Formal Dining, Large Kitchen w/ white cabinets, soft close doors & drawers & cabinet handles, tile backsplash, oak hood vent w/ upgraded Samsung appliances w/ refrigerator, Kinetico water filter system, center island & Big Pantry w/ custom build wood shelves. Off the Garage is the 1/2 bath & Mud room w/ extra-large Oak bench. 1st Floor Family Room has gas fireplace w/ stone, Built-Ins w/ oak floating shelves. Upper floor has 4 Bedrooms & Adjacent Baths. Owners suit has oak beams in the ceiling, private bath w/ double vanities, oak shelves, tiled shower, elongated-comfort height toilets, pull-down shower head, & huge walk-in closet w/ upgraded laminate closet shelving. Lower Level: Second Family Room, Wet Bar, 5th Bedroom, 3/4 Bath and Ample Storage. Exterior features: insulated garage, LP 50 yr. siding, large concrete patio w/ hot tub pre-wire, 30-year shingles, cultured stone, big front porch, sodded yard, & landscaping. 1 yr builder warranty. Use Preferred lender & get up to $2,000 in closing costs. All photos are of actual home. Schedule your showing to see this Beautifully Designed Home on .719 Acre Wooded Lot in the Fabulous North Polk school district w/ Kimberley's Award Winning Quality Throughout!

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Kimberley (515)965-9100,

    Keller Williams Ankeny Metro

    Bought with:

    Brett Glenn

    Anderson Glenn Realty

    Source: DMMLS,MLS#: 725823MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Stove
    • Laundry: Upper Level
    Features
    • Wet Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, See Remarks, Cable TV
    • Flooring: Carpet
    • Basement: Finished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Gas, Vented, Fireplace Screen
    Interior area
    • Total structure area: 2,665
    • Total interior livable area: 2,665 sqft
    • Finished area below ground: 956

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Three Car Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Open, Patio
    • Exterior features: Deck, Patio
    Lot
    • Size: 0.72 Acres
    • Features: Irregular Lot
    Details
    • Parcel number: 21162327327005
    • Zoning: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Siding, Frame, Stone
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024
    Details
    • Builder name: Kimberley Development
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Elkhart

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $118,000
    • Annual tax amount: $2,127
    • Date on market: 9/8/2025
    • Cumulative days on market: 62 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Concrete

    Price history

    DateEventPrice
    1/26/2026Sold$640,000-1.6%$240/sqft
    Source: DMMLS #725823 Report a problem
    12/9/2025Pending sale$650,500$244/sqft
    Source: DMMLS #725823 Report a problem
    10/30/2025Price change$650,500-2.2%$244/sqft
    Source: DMMLS #725823 Report a problem
    10/17/2025Price change$665,000-1.5%$250/sqft
    Source: DMMLS #725823 Report a problem
    9/9/2025Listed for sale$675,000$253/sqft
    Source: DMMLS #725823 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26 +8.3%$118,000 +8772.2%
    2024$24 $1,330
    Find assessor info on the county website

    Neighborhood: 50073

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North Polk

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $640,400
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    +$12,808
    With Zillow Showcase(estimated)
    $653,208