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405 Independence St

Baxter, IA 50028

3 bd 1 ba 1,260 sqft Built 1890 Lot 13,112 sqft single_family
Most recent sale
$177,700
Nov 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2023 Sold $177,700 DesMoines
Aug 23, 2023 Listed $177,700 DesMoines
Aug 7, 2020 Sold $134,000 CentralIowa
Jul 28, 2020 Sold $134,000 DesMoines
May 27, 2020 Listed $134,900 DesMoines
Oct 10, 2019 Sold $25,000 Public Record
Jun 10, 2014 Sold $14,000 MidIowaRegional
May 27, 2014 Listing removed $14,000 Newton
May 9, 2014 Listing removed $14,000 Newton
May 6, 2014 Relisted $14,000 Newton
May 2, 2014 Listing removed $14,000 Newton
May 1, 2014 Listed $14,000 Newton
Apr 30, 2014 Listed $14,000 DesMoines

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,900 $20,440 $177,340 $3,002
2024 $156,900 $20,440 $177,340 $2,756
2023 $126,340 $20,440 $146,780 $2,676
2022 $98,150 $20,440 $118,590 $2,480
2021 $90,990 $20,440 $111,430 $1,642
2020 $58,430 $10,960 $69,390 $1,316
2019 $58,430 $10,960 $69,390 $1,170
2018 $49,660 $9,970 $59,630 $1,108
2017 $49,660 $9,970 $59,630 $1,144
2015 $50,060 $9,970 $60,030 $1,310
2014 $50,060 $9,970 $60,030 $1,082
2013 $50,060 $9,970 $60,030 $1,102
2012 $52,980 $9,970 $62,950 $1,102
2011 $52,980 $9,970 $62,950 $1,188

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,260 sqft
Lot size
13,112 sqft
ZIP code
50028
City
Baxter
Street
Independence St
Coordinates
41.82130, -93.15264

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
$1,890
Gross rental yield
12.76%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 405 Independence St last sell?
405 Independence St most recently sold on Nov 3, 2023 for $177,700.
What is the current tax assessment for 405 Independence St?
The most recent total assessment for 405 Independence St (year 2025) is $177,340 with $3,002 in property tax.
How does 405 Independence St's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $177,700.
When was 405 Independence St built?
405 Independence St was built in 1890.
How does 405 Independence St compare to others on Independence St?
We track 8 other properties on Independence St. Browse the list under "Other properties on Independence St" to compare beds, baths, and sale history.
What are the property facts for 405 Independence St?
405 Independence St is a 3 bed, 1 bath, 1,260 sqft, 13,112 sqft lot single_family.
Is 405 Independence St a flip candidate?
Yes — 405 Independence St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 405 Independence St a tax-appeal candidate?
No — 405 Independence 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
-0.9%
Implied 1-yr
-3.6%
2025 Q3
$192.8K
2025 Q4
$191K
ZIP 50028 — Median Price History + Forecast

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