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401 2nd Ave

Indianola, IA 50125

4 bd 3 ba 1,887 sqft Built 1918 Lot 10,454 sqft single_family
Most recent sale
$241,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $241,000 MLS #654634
Jul 12, 2022 Price changed $245,000 MLS #654634
Jul 5, 2022 Price changed $247,500 MLS #654634
Jun 23, 2022 Listed $250,000 MLS #654634

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,200 $40,700 $227,900 $3,942
2024 $187,200 $40,700 $227,900 $3,892
2023 $198,300 $18,800 $217,100 $3,384
2022 $148,900 $18,800 $167,700 $3,348
2021 $148,900 $18,800 $167,700 $3,322
2020 $138,600 $18,800 $157,400 $3,254
2019 $138,600 $18,800 $157,400 $3,246
2018 $140,700 $11,300 $152,000 $3,102
2017 $140,700 $11,300 $152,000 $2,906
2016 $128,200 $11,300 $139,500 $2,834
2015 $128,200 $11,300 $139,500 $2,830
2014 $128,200 $11,300 $139,500 $2,742
2013 $128,200 $11,300 $139,500 $2,576
2012 $128,200 $11,300 $139,500 $2,398
2011 $128,200 $11,300 $139,500 $2,398
2009 $122,200 $11,300 $133,500 $2,328
2008 $137,100 $12,400 $149,500 $2,486
2007 $137,100 $12,400 $149,500 $2,444
2004 $124,600 $11,300 $135,900 $2,176

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,887 sqft
Lot size
10,454 sqft
ZIP code
50125
City
Indianola
Street
2nd Ave
Coordinates
41.35809, -93.55660

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,831
Gross rental yield
14.10%
Implied cap rate
9.16%
Trend-extrapolated value

Frequently asked questions

When did 401 2nd Ave last sell?
401 2nd Ave most recently sold on Sep 16, 2022 for $241,000.
What is the current tax assessment for 401 2nd Ave?
The most recent total assessment for 401 2nd Ave (year 2025) is $227,900 with $3,942 in property tax.
How does 401 2nd Ave's assessment compare to its last sale price?
The current assessment is 5.4% below the last sale price of $241,000.
When was 401 2nd Ave built?
401 2nd Ave was built in 1918.
How does 401 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 401 2nd Ave?
401 2nd Ave is a 4 bed, 3 bath, 1,887 sqft, 10,454 sqft lot single_family.
Is 401 2nd Ave a flip candidate?
No — 401 2nd Ave does not appear in our flips dataset.
Is 401 2nd Ave a tax-appeal candidate?
No — 401 2nd 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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