One of the best values in Ankeny! This well-maintained 4-bedroom, 2-bath home is an excellent opportunity for first-time buyers, growing households, or investors.
Step inside to find beautiful hardwood floors throughout the upper level, updated bathrooms, and a functional layout designed for comfortable living. The spacious 2-car garage and fully fenced backyard provide plenty of room for storage, recreation, and pets. Best of all, all appliances are included, making this home truly move-in ready.
Major mechanical updates offer peace of mind, including a new furnace (Spring 2026), a 2-year-old air conditioner, a 4-year-old water heater, and a roof that is only 6 years old.
Conveniently located with quick access to I-35 and situated within the award-winning Ankeny School District, this home combines value, location, and quality. A recent appraisal of $271,000 is available for buyers to review.
Don't miss your chance to enjoy everything Ankeny has to offer at an incredible price!
For sale
Price cut: $8K (7/28)
$240,000
518 NE 3rd St, Ankeny, IA 50021
4beds
960sqft
:
Get pre-qualified$1,726/mo
Single Family Residence
Built in 1964
8,886 Square Feet Lot
$238,900 Zestimate®
$250/sqft
$-- HOA
What's special
Updated bathroomsFully fenced backyardAll appliances are included
- 56 days |
- 1,386 |
- 69 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Adam Bentz adam@agencyiowa.com,
Agency Iowa
Source: DMMLS,MLS#: 743253
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Stove, Washer
Features
- Dining Area
- Flooring: Hardwood
- Basement: Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
- Finished area below ground: 600
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Deck
- Exterior features: Deck
- Fencing: Chain Link
Lot
- Size: 8,886 Square Feet
- Dimensions: 71 x 125
Details
- Parcel number: 18100423025000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split-Foyer
- Property subtype: Single Family Residence
Materials
- Foundation: Block
Condition
- Resale
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ankeny
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $238,900
- Annual tax amount: $3,903
- Date on market: 6/17/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$238,900
Estimated sales range
$227,000 - $251,000
Rent Zestimate®
$1,995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $240,000-3.2%$250/sqft |
Source: | ||
| 7/14/2026 | Price change | $248,000-1.8%$258/sqft |
Source: | ||
| 7/5/2026 | Price change | $252,500-1%$263/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $255,000+82.8%$266/sqft |
Source: | ||
| 11/22/2004 | Sold | $139,500+45.3%$145/sqft |
Source: Public Record Report a problem | ||
| 11/25/1997 | Sold | $96,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,670 +2.1% | $238,900 +8% |
| 2024 | $3,594 -2% | $221,200 |
| 2023 | $3,668 +1.1% | $221,200 +19.1% |
| 2022 | $3,628 +2.7% | $185,800 |
| 2021 | $3,532 +1.4% | $185,800 +8.6% |
| 2020 | $3,484 +6% | $171,100 |
| 2019 | $3,286 +0.4% | $171,100 +10.8% |
| 2018 | $3,274 | $154,400 |
| 2017 | $3,274 +7.7% | $154,400 +13.4% |
| 2016 | $3,040 | $136,200 |
| 2015 | $3,040 +0.3% | $136,200 +0.3% |
| 2014 | $3,030 | $135,800 |
| 2013 | -- | $135,800 -0.4% |
| 2012 | -- | $136,400 |
| 2011 | -- | $136,400 -4.5% |
| 2010 | -- | $142,800 |
| 2009 | -- | $142,800 +2.6% |
| 2008 | -- | $139,200 |
| 2007 | -- | $139,200 +11.4% |
| 2006 | -- | $124,900 |
| 2005 | -- | $124,900 +7.3% |
| 2003 | -- | $116,430 +8.3% |
| 2002 | -- | $107,470 |
| 2001 | -- | $107,470 |
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: 50021
Nearby schools
GreatSchools rating
- 5/10East Elementary SchoolGrades: K-5Distance: 0.3 mi
- 9/10Parkview Middle SchoolGrades: 6-7Distance: 0.6 mi
- 7/10Ankeny High SchoolGrades: 10-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Ankeny
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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