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1407 Franklin Ave

Indianola, IA 50125

3 bd 3 ba 1,460 sqft Built 1991 Lot 9,453 sqft single_family
Most recent sale
$315,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $315,000 MLS #60223
May 26, 2022 Listed $295,000 MLS #60223

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,200 $50,900 $324,100 $5,878
2024 $273,200 $50,900 $324,100 $5,804
2023 $293,100 $30,600 $323,700 $4,506
2022 $189,800 $30,600 $220,400 $4,388
2021 $189,800 $30,600 $220,400 $4,406
2020 $178,600 $30,600 $209,200 $4,316
2019 $178,600 $30,600 $209,200 $4,324
2018 $184,200 $18,700 $202,900 $4,132
2017 $184,200 $18,700 $202,900 $3,876
2016 $167,700 $18,700 $186,400 $3,778
2015 $167,700 $18,700 $186,400 $3,812
2014 $169,500 $18,700 $188,200 $3,692
2013 $169,500 $18,700 $188,200 $3,490
2012 $171,400 $18,700 $190,100 $3,554
2009 $179,900 $18,700 $198,600 $3,452
2008 $192,800 $20,600 $213,400 $3,536
2007 $192,800 $20,600 $213,400 $3,474
2004 $175,300 $18,700 $194,000 $3,148

Property facts

Year built
1991
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,460 sqft
Lot size
9,453 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36584, -93.54080

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
$2,190
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 1407 Franklin Ave last sell?
1407 Franklin Ave most recently sold on Jul 12, 2022 for $315,000.
What is the current tax assessment for 1407 Franklin Ave?
The most recent total assessment for 1407 Franklin Ave (year 2025) is $324,100 with $5,878 in property tax.
How does 1407 Franklin Ave's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $315,000.
When was 1407 Franklin Ave built?
1407 Franklin Ave was built in 1991.
How does 1407 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 1407 Franklin Ave?
1407 Franklin Ave is a 3 bed, 3 bath, 1,460 sqft, 9,453 sqft lot single_family.
Is 1407 Franklin Ave a flip candidate?
No — 1407 Franklin Ave does not appear in our flips dataset.
Is 1407 Franklin Ave a tax-appeal candidate?
No — 1407 Franklin 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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