1516 Detroit Ave
Indianola, IA 50125
4 bd 2 ba 960 sqft Built 1988 Lot 10,629 sqft single_family
Most recent sale
$208,000
Dec 9, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 9, 2021 | Sold | $208,000 | MLS #637417 |
| Oct 11, 2021 | Price changed | $210,000 | MLS #637417 |
| Sep 17, 2021 | Price changed | $215,000 | MLS #637417 |
| Sep 10, 2021 | Listed | $220,000 | MLS #637417 |
| Nov 30, 2017 | Sold | $160,000 | MLS #550126 |
| Oct 25, 2017 | Listed | $162,500 | MLS #550126 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,500 | $43,400 | $226,900 | $3,626 |
| 2024 | $183,500 | $43,400 | $226,900 | $3,576 |
| 2023 | $174,400 | $35,500 | $209,900 | $3,772 |
| 2022 | $150,400 | $35,500 | $185,900 | $3,698 |
| 2021 | $139,800 | $35,500 | $175,300 | $3,692 |
| 2020 | $129,900 | $35,500 | $165,400 | $3,622 |
| 2019 | $129,900 | $35,500 | $165,400 | $3,502 |
| 2018 | $135,100 | $19,700 | $154,800 | $3,162 |
| 2017 | $135,100 | $19,700 | $154,800 | $2,996 |
| 2016 | $123,800 | $19,700 | $143,500 | $2,922 |
| 2015 | $123,800 | $19,700 | $143,500 | $2,826 |
| 2014 | $119,600 | $19,700 | $139,300 | $2,738 |
| 2013 | $119,600 | $19,700 | $139,300 | $2,598 |
| 2012 | $121,000 | $19,700 | $140,700 | $2,538 |
| 2011 | $121,000 | $19,700 | $140,700 | $2,538 |
| 2009 | $121,200 | $19,700 | $140,900 | $2,464 |
| 2008 | $121,800 | $21,700 | $143,500 | $2,382 |
| 2007 | $121,800 | $21,700 | $143,500 | $2,340 |
| 2004 | $110,700 | $19,700 | $130,400 | $2,088 |
Property facts
Year built
1988
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
960 sqft
Lot size
10,629 sqft
ZIP code
50125
City
Indianola
Street
Detroit Ave
Coordinates
41.36458, -93.58136
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
$1,440
Gross rental yield
8.31%
Implied cap rate
5.40%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Detroit Ave last sell?
1516 Detroit Ave most recently sold on Dec 9, 2021 for $208,000.
What is the current tax assessment for 1516 Detroit Ave?
The most recent total assessment for 1516 Detroit Ave (year 2025) is $226,900 with $3,626 in property tax.
How does 1516 Detroit Ave's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $208,000.
When was 1516 Detroit Ave built?
1516 Detroit Ave was built in 1988.
How does 1516 Detroit Ave compare to others on Detroit Ave?
We track 8 other properties on Detroit Ave. Browse the list under "Other properties on Detroit Ave" to compare beds, baths, and sale history.
What are the property facts for 1516 Detroit Ave?
1516 Detroit Ave is a 4 bed, 2 bath, 960 sqft, 10,629 sqft lot single_family.
Is 1516 Detroit Ave a flip candidate?
No — 1516 Detroit Ave does not appear in our flips dataset.
Is 1516 Detroit Ave a tax-appeal candidate?
No — 1516 Detroit 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 Detroit Ave