1601 Franklin Ave
Indianola, IA 50125
3 bd 3 ba 1,501 sqft Built 2021 Lot 8,712 sqft single_family
Most recent sale
$324,255
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2022 | Sold | $324,255 | MLS #638591 |
| Feb 14, 2022 | Price changed | $324,255 | MLS #638591 |
| Sep 29, 2021 | Listed | $314,255 | MLS #638591 |
| Dec 1, 2020 | Sold | $317,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $189,100 | $55,000 | $244,100 | $2,756 |
| 2024 | $189,100 | $55,000 | $244,100 | $2,014 |
| 2023 | $89,200 | $33,600 | $122,800 | $526 |
| 2022 | — | $33,600 | $33,600 | $6 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,501 sqft
Lot size
8,712 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36579, -93.53826
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
$2,252
Gross rental yield
8.33%
Implied cap rate
5.42%
Trend-extrapolated value
—
Frequently asked questions
When did 1601 Franklin Ave last sell?
1601 Franklin Ave most recently sold on Apr 18, 2022 for $324,255.
What is the current tax assessment for 1601 Franklin Ave?
The most recent total assessment for 1601 Franklin Ave (year 2025) is $244,100 with $2,756 in property tax.
How does 1601 Franklin Ave's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $324,255.
When was 1601 Franklin Ave built?
1601 Franklin Ave was built in 2021.
How does 1601 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 1601 Franklin Ave?
1601 Franklin Ave is a 3 bed, 3 bath, 1,501 sqft, 8,712 sqft lot single_family.
Is 1601 Franklin Ave a flip candidate?
No — 1601 Franklin Ave does not appear in our flips dataset.
Is 1601 Franklin Ave a tax-appeal candidate?
No — 1601 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