1509 Franklin Ave
Indianola, IA 50125
3 bd — ba 2,180 sqft Built 2021 Lot 8,494 sqft single_family
Most recent sale
$303,245
Feb 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2024 | Sold | $320,000 | DesMoines |
| May 20, 2024 | Price changed | $327,500 | DesMoines |
| May 7, 2024 | Listed | $329,900 | DesMoines |
| Feb 16, 2022 | Sold | $303,245 | MLS #638640 |
| Sep 30, 2021 | Listed | $303,245 | MLS #638640 |
| Dec 1, 2020 | Sold | $317,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $178,900 | $55,000 | $233,900 | $2,612 |
| 2024 | $178,900 | $55,000 | $233,900 | $1,998 |
| 2023 | $77,800 | $33,600 | $111,400 | $716 |
| 2022 | — | $33,600 | $33,600 | $6 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
—
Living area
2,180 sqft
Lot size
8,494 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36579, -93.53849
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
$3,270
Gross rental yield
12.94%
Implied cap rate
8.41%
Trend-extrapolated value
—
Frequently asked questions
When did 1509 Franklin Ave last sell?
1509 Franklin Ave most recently sold on Feb 16, 2022 for $303,245.
What is the current tax assessment for 1509 Franklin Ave?
The most recent total assessment for 1509 Franklin Ave (year 2025) is $233,900 with $2,612 in property tax.
How does 1509 Franklin Ave's assessment compare to its last sale price?
The current assessment is 22.9% below the last sale price of $303,245.
When was 1509 Franklin Ave built?
1509 Franklin Ave was built in 2021.
How does 1509 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 1509 Franklin Ave?
1509 Franklin Ave is a 3 bed, — bath, 2,180 sqft, 8,494 sqft lot single_family.
Is 1509 Franklin Ave a flip candidate?
No — 1509 Franklin Ave does not appear in our flips dataset.
Is 1509 Franklin Ave a tax-appeal candidate?
No — 1509 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