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118 15th St

Adel, IA 50003

2 bd 1 ba 936 sqft Built 1946 Lot 5,865 sqft single_family
Most recent sale
$164,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2024 Sold $192,000 DesMoines
May 2, 2024 Listed $189,000 DesMoines
Oct 28, 2022 Sold $164,000 DesMoines
Jul 28, 2022 Listed $170,000 MLS #657194

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,830 $20,810 $129,640 $2,226
2024 $108,830 $20,810 $129,640 $2,238
2023 $111,840 $17,140 $128,980 $1,876
2022 $85,720 $17,140 $102,860 $1,760
2021 $80,700 $17,140 $97,840 $1,758
2020 $73,880 $17,140 $91,020 $1,718
2019 $73,880 $17,140 $91,020 $1,740
2018 $71,050 $17,140 $88,190 $1,706
2017 $71,050 $17,140 $88,190 $1,084
2016 $37,170 $21,860 $59,030 $1,014
2015 $34,930 $21,860 $56,790 $1,018
2014 $34,930 $21,860 $56,790 $966
2012 $35,120 $21,860 $56,980 $968
2011 $35,120 $21,860 $56,980 $946
2010 $35,120 $21,860 $56,980 $914
2009 $35,120 $21,860 $56,980 $938
2008 $36,920 $23,260 $60,180 $670
2007 $15,050 $12,018 $27,068 $616

Property facts

Year built
1946
Property type
single_family
Stories
Beds
2
Baths
1
Living area
936 sqft
Lot size
5,865 sqft
ZIP code
50003
City
Adel
Street
15th St
Coordinates
41.61641, -94.02686

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,404
Gross rental yield
10.27%
Implied cap rate
6.68%
Trend-extrapolated value

Frequently asked questions

When did 118 15th St last sell?
118 15th St most recently sold on Oct 28, 2022 for $164,000.
What is the current tax assessment for 118 15th St?
The most recent total assessment for 118 15th St (year 2025) is $129,640 with $2,226 in property tax.
How does 118 15th St's assessment compare to its last sale price?
The current assessment is 21.0% below the last sale price of $164,000.
When was 118 15th St built?
118 15th St was built in 1946.
How does 118 15th St compare to others on 15th St?
We track 8 other properties on 15th St. Browse the list under "Other properties on 15th St" to compare beds, baths, and sale history.
What are the property facts for 118 15th St?
118 15th St is a 2 bed, 1 bath, 936 sqft, 5,865 sqft lot single_family.
Is 118 15th St a flip candidate?
No — 118 15th St does not appear in our flips dataset.
Is 118 15th St a tax-appeal candidate?
No — 118 15th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.3%
Implied 1-yr
-13.2%
2026 Q3
$336.7K
2026 Q4
$327.3K
ZIP 50003 — Median Price History + Forecast

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