1503 Franklin Ave
Indianola, IA 50125
3 bd 3 ba 1,580 sqft Built 2021 Lot 8,503 sqft single_family
Most recent sale
$309,900
Feb 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 24, 2025 | Sold | $315,000 | DesMoines |
| Feb 3, 2022 | Sold | $309,900 | MLS #620906 |
| Nov 10, 2021 | Price changed | $309,900 | MLS #620906 |
| Oct 22, 2021 | Price changed | $311,900 | MLS #620906 |
| Apr 21, 2021 | Price changed | $311,735 | MLS #620906 |
| Apr 1, 2021 | Price changed | $301,235 | MLS #620906 |
| Mar 10, 2021 | Price changed | $291,235 | MLS #620906 |
| Feb 3, 2021 | Price changed | $288,735 | MLS #620906 |
| Jan 19, 2021 | Listed | $277,235 | MLS #620906 |
| Dec 1, 2020 | Sold | $317,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $169,200 | $55,000 | $224,200 | $2,738 |
| 2024 | $169,200 | $55,000 | $224,200 | $2,004 |
| 2023 | $88,600 | $33,600 | $122,200 | $526 |
| 2022 | — | $33,600 | $33,600 | $6 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,580 sqft
Lot size
8,503 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36580, -93.53918
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
$2,370
Gross rental yield
9.18%
Implied cap rate
5.97%
Trend-extrapolated value
—
Frequently asked questions
When did 1503 Franklin Ave last sell?
1503 Franklin Ave most recently sold on Feb 3, 2022 for $309,900.
What is the current tax assessment for 1503 Franklin Ave?
The most recent total assessment for 1503 Franklin Ave (year 2025) is $224,200 with $2,738 in property tax.
How does 1503 Franklin Ave's assessment compare to its last sale price?
The current assessment is 27.7% below the last sale price of $309,900.
When was 1503 Franklin Ave built?
1503 Franklin Ave was built in 2021.
How does 1503 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 1503 Franklin Ave?
1503 Franklin Ave is a 3 bed, 3 bath, 1,580 sqft, 8,503 sqft lot single_family.
Is 1503 Franklin Ave a flip candidate?
No — 1503 Franklin Ave does not appear in our flips dataset.
Is 1503 Franklin Ave a tax-appeal candidate?
No — 1503 Franklin 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 Franklin Ave