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1603 Franklin Ave

Indianola, IA 50125

4 bd 3 ba 1,201 sqft Built 2022 Lot 8,712 sqft single_family
Most recent sale
$367,500
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $367,500 Public Record
Sep 16, 2022 Sold $367,500 MLS #645097
Jul 8, 2022 Price changed $367,500 MLS #645097
Feb 15, 2022 Price changed $375,730 MLS #645097
Feb 14, 2022 Price changed $360,660 MLS #645097
Feb 2, 2022 Listed $350,660 MLS #645097
May 6, 2021 Sold $312,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $33,600 $33,600 $6
2022 $300 $300 $6

Property facts

Year built
2022
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,201 sqft
Lot size
8,712 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36578, -93.53803

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
$1,802
Gross rental yield
5.88%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 1603 Franklin Ave last sell?
1603 Franklin Ave most recently sold on Sep 16, 2022 for $367,500.
What is the current tax assessment for 1603 Franklin Ave?
The most recent total assessment for 1603 Franklin Ave (year 2023) is $33,600 with $6 in property tax.
How does 1603 Franklin Ave's assessment compare to its last sale price?
The current assessment is 90.9% below the last sale price of $367,500.
When was 1603 Franklin Ave built?
1603 Franklin Ave was built in 2022.
How does 1603 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 1603 Franklin Ave?
1603 Franklin Ave is a 4 bed, 3 bath, 1,201 sqft, 8,712 sqft lot single_family.
Is 1603 Franklin Ave a flip candidate?
No — 1603 Franklin Ave does not appear in our flips dataset.
Is 1603 Franklin Ave a tax-appeal candidate?
No — 1603 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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