407 1st Ave
Indianola, IA 50125
3 bd 2 ba 1,366 sqft Built 1870 Lot 7,144 sqft single_family
Most recent sale
$64,000
Apr 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 7, 2025 | Sold | $264,900 | DesMoines |
| Apr 12, 2022 | Sold | $64,000 | Public Record |
| Feb 20, 2022 | Listed | $69,900 | MLS #646069 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $186,900 | $28,000 | $214,900 | $1,176 |
| 2024 | $186,900 | $28,000 | $214,900 | $1,162 |
| 2023 | $36,800 | $28,000 | $64,800 | $1,366 |
| 2022 | $36,100 | $28,000 | $64,100 | $1,352 |
| 2021 | $36,100 | $28,000 | $64,100 | $1,366 |
| 2020 | $33,200 | $28,000 | $61,200 | $1,340 |
| 2019 | $33,200 | $28,000 | $61,200 | $1,122 |
| 2018 | $34,000 | $15,600 | $49,600 | $1,074 |
| 2017 | $34,000 | $15,600 | $49,600 | $1,030 |
| 2016 | $30,800 | $15,600 | $46,400 | $1,006 |
| 2015 | $30,800 | $15,600 | $46,400 | $1,004 |
| 2014 | $30,800 | $15,600 | $46,400 | $974 |
| 2013 | $30,800 | $15,600 | $46,400 | $904 |
| 2012 | $30,800 | $15,600 | $46,400 | $846 |
| 2011 | $30,800 | $15,600 | $46,400 | $846 |
| 2009 | $29,300 | $15,600 | $44,900 | $824 |
| 2008 | $29,300 | $15,600 | $44,900 | $764 |
| 2007 | $26,300 | $17,200 | $43,500 | $750 |
| 2004 | $23,900 | $15,600 | $39,500 | $622 |
Property facts
Year built
1870
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,366 sqft
Lot size
7,144 sqft
ZIP code
50125
City
Indianola
Street
1st Ave
Coordinates
41.35910, -93.56587
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$384
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 1st Ave last sell?
407 1st Ave most recently sold on Apr 12, 2022 for $64,000.
What is the current tax assessment for 407 1st Ave?
The most recent total assessment for 407 1st Ave (year 2025) is $214,900 with $1,176 in property tax.
How does 407 1st Ave's assessment compare to its last sale price?
The current assessment is 235.8% above the last sale price of $64,000.
When was 407 1st Ave built?
407 1st Ave was built in 1870.
How does 407 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 407 1st Ave?
407 1st Ave is a 3 bed, 2 bath, 1,366 sqft, 7,144 sqft lot single_family.
Is 407 1st Ave a flip candidate?
No — 407 1st Ave does not appear in our flips dataset.
Is 407 1st Ave a tax-appeal candidate?
No — 407 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.9%
Implied 1-yr
+15.6%
2026 Q3
$450.1K
2026 Q4
$464K
ZIP 50125 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave