Investment property or Personal home. You decide. This home was converted to a duplex several years ago, with a 3-Bedroom, 1-1/2 bath on the main level and 1-Bedroom, 1-Bath apartment on the upper level. The main level also has its own laundry. Long term tenants are now on a month-to-month lease arrangement. Identified buyers only. Included items noted on the SD. Proof of funds and/or a pre-approval letter must be provided prior to showing. The property rental certificate is valid until June 2029. A new roof was installed in 2016. Tenants are responsible for utilities. 24 hours’ notice is required to show.
For sale
$205,000
510 S Jefferson Way, Indianola, IA 50125
4beds
2,095sqft
:
Get pre-qualified$1,486/mo
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
- 29 days |
- 540 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Terry Pauling (515)962-5765,
ITown Real Estate, LLC
Source: DMMLS,MLS#: 745033
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Forced Air, Gas, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Features
- Basement: Crawl Space,Unfinished
Interior area
- Total structure area: 2,095
- Total interior livable area: 2,095 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, One Car Garage
- Attached garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 10,685 Square Feet
- Dimensions: 78 x 137
- Features: Rectangular Lot
Details
- Parcel number: 48300060050
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Multi Family
Materials
- Metal 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: $98/sqft
- Tax assessed value: $189,800
- Annual tax amount: $2,722
- Date on market: 7/13/2026
- Cumulative days on market: 30 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Insurance, Water
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,229/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $205,000-2.3%$98/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $209,900$100/sqft |
Source: | ||
| 1/19/2026 | Price change | $209,900-2.3%$100/sqft |
Source: | ||
| 10/2/2025 | Listed for sale | $214,900+14.3%$103/sqft |
Source: | ||
| 12/5/2023 | Sold | $188,000-1.1%$90/sqft |
Source: | ||
| 11/6/2023 | Pending sale | $190,000$91/sqft |
Source: | ||
| 9/27/2023 | Price change | $190,000-2.3%$91/sqft |
Source: | ||
| 8/2/2023 | Price change | $194,500-2.8%$93/sqft |
Source: | ||
| 5/16/2023 | Listed for sale | $200,000+11.7%$95/sqft |
Source: | ||
| 8/6/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2022 | Listed for rent | $650 |
Source: Zillow Rental Manager Report a problem | ||
| 5/31/2022 | Sold | $179,000-3.2%$85/sqft |
Source: | ||
| 4/26/2022 | Pending sale | $184,900$88/sqft |
Source: | ||
| 4/20/2022 | Listed for sale | $184,900$88/sqft |
Source: | ||
| 4/15/2022 | Pending sale | $184,900$88/sqft |
Source: | ||
| 4/8/2022 | Listed for sale | $184,900+47.4%$88/sqft |
Source: | ||
| 11/29/2021 | Sold | $125,478-3.5%$60/sqft |
Source: Public Record Report a problem | ||
| 3/22/2019 | Sold | $130,000-1.9%$62/sqft |
Source: | ||
| 3/6/2019 | Pending sale | $132,500$63/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 2/8/2019 | Price change | $132,500-1.9%$63/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 1/18/2019 | Price change | $135,000-2.5%$64/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 12/15/2018 | Price change | $138,500-1.1%$66/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 12/4/2018 | Price change | $140,000-2.1%$67/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 11/20/2018 | Price change | $143,000-1.4%$68/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
| 11/5/2018 | Listed for sale | $145,000$69/sqft |
Source: RE/MAX Concepts #572250 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,722 +1.3% | $189,800 +26.6% |
| 2024 | $2,688 -1% | $149,900 |
| 2023 | $2,714 +8.6% | $149,900 +17.7% |
| 2022 | $2,498 +1.5% | $127,400 |
| 2021 | $2,462 -5.4% | $127,400 +7.1% |
| 2020 | $2,604 +2% | $118,900 |
| 2019 | $2,554 +10.6% | $118,900 +5.3% |
| 2018 | $2,310 -5.5% | $112,900 |
| 2017 | $2,444 +8.3% | -- |
| 2016 | $2,256 | $104,100 |
| 2015 | $2,256 | -- |
| 2014 | $2,256 +14.3% | $104,500 |
| 2013 | $1,974 -3.4% | -- |
| 2012 | $2,044 +7.7% | -- |
| 2011 | $1,898 +2.8% | -- |
| 2010 | $1,846 -4.6% | -- |
| 2009 | $1,934 +14.2% | -- |
| 2008 | $1,694 +5.5% | -- |
| 2007 | $1,606 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50125
Nearby schools
GreatSchools rating
- 10/10Irving Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Indianola Middle SchoolGrades: 6-8Distance: 0.8 mi
- 9/10Indianola High SchoolGrades: 9-12Distance: 0.8 mi
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.
- $206,8003 bd2 ba1.7k sqft506 S Jefferson Way, Indianola, IA 50125Off Market
Save 
- $216,6002 bd2 ba1.1k sqft304 E 5th Ave, Indianola, IA 50125Off Market
Save - $224,300-- bd-- ba4k sqft600 S Jefferson Way, Indianola, IA 50125Off Market
Save - $184,6002 bd1 ba1k sqft308 E 5th Ave, Indianola, IA 50125Off Market
Save - $41,600-- bd-- ba-- sqft303 E 5th Ave, Indianola, IA 50125Off Market
Save - $237,5004 bd2 ba1k sqft507 S 3rd St, Indianola, IA 50125Off Market
Save - $513,900-- bd-- ba2.9k sqft500 S Jefferson Way, Indianola, IA 50125Off Market
Save - $177,0002 bd1 ba1k sqft307 E 4th Ave, Indianola, IA 50125Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.



