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1511 Franklin Ave

Indianola, IA 50125

4 bd 5 ba 1,930 sqft Built 2007 Lot 48,787 sqft single_family
Most recent sale
$380,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2026 Sold $499,000 DesMoines
Feb 20, 2026 Listed $509,000 DesMoines
Oct 1, 2024 Sold $452,000 DesMoines
Mar 8, 2024 Listed $479,900 DesMoines
Apr 1, 2022 Sold $380,000 Public Record
Mar 31, 2022 Sold $380,000 MLS #6148383
Feb 3, 2022 Listed $390,000 MLS #6148383

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $372,700 $54,400 $427,100 $6,144
2024 $372,700 $54,400 $427,100 $6,182
2023 $314,000 $48,300 $362,300 $6,432
2022 $253,600 $48,300 $301,900 $6,106
2021 $253,600 $48,300 $301,900 $6,082
2020 $236,000 $48,300 $284,300 $5,960
2019 $236,000 $48,300 $284,300 $6,002
2018 $247,400 $29,700 $277,100 $5,738
2017 $247,400 $29,700 $277,100 $5,256
2016 $218,900 $29,700 $248,600 $5,126
2015 $218,900 $29,700 $248,600 $5,096
2014 $217,800 $29,700 $247,500 $4,936
2013 $217,800 $29,700 $247,500 $3,192
2012 $220,100 $29,700 $249,800 $3,356
2011 $220,100 $29,700 $249,800 $3,356
2009 $158,400 $29,700 $188,100 $3,258
2008 $224,400 $32,700 $257,100 $2,988
2007 $224,400 $32,700 $257,100 $396
2004 $400 $400 $10

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
1,930 sqft
Lot size
48,787 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36657, -93.58201

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
$2,895
Gross rental yield
9.14%
Implied cap rate
5.94%
Trend-extrapolated value

Frequently asked questions

When did 1511 Franklin Ave last sell?
1511 Franklin Ave most recently sold on Apr 1, 2022 for $380,000.
What is the current tax assessment for 1511 Franklin Ave?
The most recent total assessment for 1511 Franklin Ave (year 2025) is $427,100 with $6,144 in property tax.
How does 1511 Franklin Ave's assessment compare to its last sale price?
The current assessment is 12.4% above the last sale price of $380,000.
When was 1511 Franklin Ave built?
1511 Franklin Ave was built in 2007.
How does 1511 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 1511 Franklin Ave?
1511 Franklin Ave is a 4 bed, 5 bath, 1,930 sqft, 48,787 sqft lot single_family.
Is 1511 Franklin Ave a flip candidate?
No — 1511 Franklin Ave does not appear in our flips dataset.
Is 1511 Franklin Ave a tax-appeal candidate?
No — 1511 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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