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508 3rd Ave

Indianola, IA 50125

4 bd 1 ba 1,500 sqft Built 1900 Lot 11,770 sqft single_family
Most recent sale
$229,900
Nov 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 26, 2024 Listed $229,900 DesMoines
Nov 14, 2023 Sold $229,900 DesMoines
Sep 14, 2023 Listed $229,900 DesMoines
Aug 25, 2023 Listing removed DesMoines
Aug 8, 2023 Listing removed DesMoines
Jul 26, 2023 Listed $205,000 DesMoines
Aug 15, 2022 Listing removed DesMoines
Aug 8, 2022 Price changed $169,900 DesMoines
Jul 28, 2022 Listed $179,900 DesMoines
Dec 5, 2019 Sold $138,000 Public Record
Sep 24, 2018 Sold $119,500 DesMoines
Aug 14, 2018 Listed $124,900 DesMoines
Feb 4, 2010 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,500 $34,100 $196,600 $2,944
2024 $162,500 $34,100 $196,600 $1,974
2023 $101,700 $18,900 $120,600 $1,936
2022 $80,800 $18,900 $99,700 $1,914
2021 $80,800 $18,900 $99,700 $2,130
2020 $76,500 $18,900 $95,400 $2,090
2019 $76,500 $18,900 $95,400 $1,622
2018 $68,800 $11,400 $80,200 $1,548
2017 $68,800 $11,400 $80,200 $1,480
2016 $63,800 $11,400 $75,200 $1,372
2015 $60,600 $11,400 $72,000 $1,376
2014 $60,900 $11,400 $72,300 $1,330
2013 $60,900 $11,400 $72,300 $1,270
2012 $61,200 $11,400 $72,600 $1,202
2011 $61,200 $11,400 $72,600 $1,202
2009 $58,600 $11,400 $70,000 $114
2008 $58,600 $11,400 $70,000 $1,350
2007 $64,400 $12,500 $76,900 $1,328
2004 $58,500 $11,400 $69,900 $1,238

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,500 sqft
Lot size
11,770 sqft
ZIP code
50125
City
Indianola
Street
3rd Ave
Coordinates
41.35750, -93.55451

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
$2,250
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 508 3rd Ave last sell?
508 3rd Ave most recently sold on Nov 14, 2023 for $229,900.
What is the current tax assessment for 508 3rd Ave?
The most recent total assessment for 508 3rd Ave (year 2025) is $196,600 with $2,944 in property tax.
How does 508 3rd Ave's assessment compare to its last sale price?
The current assessment is 14.5% below the last sale price of $229,900.
When was 508 3rd Ave built?
508 3rd Ave was built in 1900.
How does 508 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 508 3rd Ave?
508 3rd Ave is a 4 bed, 1 bath, 1,500 sqft, 11,770 sqft lot single_family.
Is 508 3rd Ave a flip candidate?
No — 508 3rd Ave does not appear in our flips dataset.
Is 508 3rd Ave a tax-appeal candidate?
No — 508 3rd 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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