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1604 Franklin Ave

Indianola, IA 50125

3 bd 2 ba 1,204 sqft Built 2022 Lot 7,841 sqft single_family
Most recent sale
$312,500
May 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2023 Listed $329,900 DesMoines
Jun 22, 2023 Price changed $332,900 DesMoines
Jun 6, 2023 Price changed $335,000 DesMoines
May 23, 2023 Price changed $339,000 DesMoines
May 19, 2023 Price changed $344,999 DesMoines
May 1, 2023 Price changed $345,000 DesMoines
Apr 21, 2023 Price changed $349,900 DesMoines
Mar 31, 2023 Listed $354,900 DesMoines
Nov 22, 2022 Sold $357,165 DesMoines
Aug 11, 2022 Price changed $324,900 MLS #645099
Jul 8, 2022 Price changed $334,900 MLS #645099
Feb 15, 2022 Price changed $342,475 MLS #645099
Feb 14, 2022 Price changed $319,535 MLS #645099
Feb 2, 2022 Listed $309,535 MLS #645099
May 6, 2021 Sold $312,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,200 $53,300 $176,500 $1,132
2024 $123,200 $53,300 $176,500 $242
2023 $32,600 $32,600 $6
2022 $300 $300 $6

Property facts

Year built
2022
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,204 sqft
Lot size
7,841 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36630, -93.53782

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
$1,806
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 1604 Franklin Ave last sell?
1604 Franklin Ave most recently sold on May 6, 2021 for $312,500.
What is the current tax assessment for 1604 Franklin Ave?
The most recent total assessment for 1604 Franklin Ave (year 2025) is $176,500 with $1,132 in property tax.
How does 1604 Franklin Ave's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $312,500.
When was 1604 Franklin Ave built?
1604 Franklin Ave was built in 2022.
How does 1604 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 1604 Franklin Ave?
1604 Franklin Ave is a 3 bed, 2 bath, 1,204 sqft, 7,841 sqft lot single_family.
Is 1604 Franklin Ave a flip candidate?
No — 1604 Franklin Ave does not appear in our flips dataset.
Is 1604 Franklin Ave a tax-appeal candidate?
No — 1604 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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