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411 1st Ave

Indianola, IA 50125

5 bd 5 ba 1,966 sqft Built 1910 Lot 7,144 sqft multi_family
Most recent sale
$38,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 6, 2023 Sold $40,000 DesMoines
Aug 17, 2022 Sold $38,000 MLS #650004
Apr 19, 2022 Listed $49,999 MLS #650004

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,200 $25,200 $356
2024 $25,200 $25,200 $873
2023 $2,600 $19,600 $22,200 $462
2022 $2,100 $19,600 $21,700 $458
2021 $2,100 $19,600 $21,700 $2,016
2020 $62,300 $28,000 $90,300 $1,978
2019 $62,300 $28,000 $90,300 $1,802
2018 $64,100 $15,600 $79,700 $1,726
2017 $64,100 $15,600 $79,700 $1,634
2016 $58,000 $15,600 $73,600 $1,596
2015 $58,000 $15,600 $73,600 $1,554
2014 $56,200 $15,600 $71,800 $1,508
2013 $56,200 $15,600 $71,800 $1,400
2012 $56,200 $15,600 $71,800 $1,304
2011 $56,200 $15,600 $71,800 $1,304
2009 $53,600 $15,600 $69,200 $1,270
2008 $53,600 $15,600 $69,200 $1,248
2007 $53,900 $17,200 $71,100 $1,228
2004 $49,000 $15,600 $64,600 $1,030

Property facts

Year built
1910
Property type
multi_family
Stories
2
Beds
5
Baths
5
Living area
1,966 sqft
Lot size
7,144 sqft
ZIP code
50125
City
Indianola
Street
1st Ave
Coordinates
41.35911, -93.56614

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$228
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 411 1st Ave last sell?
411 1st Ave most recently sold on Aug 17, 2022 for $38,000.
What is the current tax assessment for 411 1st Ave?
The most recent total assessment for 411 1st Ave (year 2025) is $25,200 with $356 in property tax.
How does 411 1st Ave's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $38,000.
When was 411 1st Ave built?
411 1st Ave was built in 1910.
How does 411 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 411 1st Ave?
411 1st Ave is a 5 bed, 5 bath, 1,966 sqft, 7,144 sqft lot multi_family.
Is 411 1st Ave a flip candidate?
No — 411 1st Ave does not appear in our flips dataset.
Is 411 1st Ave a tax-appeal candidate?
No — 411 1st Ave 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
+3.9%
Implied 1-yr
+15.6%
2026 Q3
$450.1K
2026 Q4
$464K
ZIP 50125 — Median Price History + Forecast

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