1607 Franklin Ave
Indianola, IA 50125
4 bd 3 ba 1,200 sqft Built 2021 Lot 10,890 sqft single_family
Most recent sale
$325,990
Jan 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 26, 2022 | Sold | $325,990 | MLS #633364 |
| Jul 30, 2021 | Sold | $50,000 | Public Record |
| Jul 13, 2021 | Listed | $325,990 | MLS #633364 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $198,200 | $68,700 | $266,900 | $3,214 |
| 2024 | $198,200 | $68,700 | $266,900 | $2,464 |
| 2023 | $95,500 | $41,900 | $137,400 | $892 |
| 2022 | — | $41,900 | $41,900 | $8 |
Property facts
Year built
2021
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
1,200 sqft
Lot size
10,890 sqft
ZIP code
50125
City
Indianola
Street
Franklin Ave
Coordinates
41.36574, -93.53754
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
$1,800
Gross rental yield
6.63%
Implied cap rate
4.31%
Trend-extrapolated value
—
Frequently asked questions
When did 1607 Franklin Ave last sell?
1607 Franklin Ave most recently sold on Jan 26, 2022 for $325,990.
What is the current tax assessment for 1607 Franklin Ave?
The most recent total assessment for 1607 Franklin Ave (year 2025) is $266,900 with $3,214 in property tax.
How does 1607 Franklin Ave's assessment compare to its last sale price?
The current assessment is 18.1% below the last sale price of $325,990.
When was 1607 Franklin Ave built?
1607 Franklin Ave was built in 2021.
How does 1607 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 1607 Franklin Ave?
1607 Franklin Ave is a 4 bed, 3 bath, 1,200 sqft, 10,890 sqft lot single_family.
Is 1607 Franklin Ave a flip candidate?
Yes — 1607 Franklin Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1607 Franklin Ave a tax-appeal candidate?
No — 1607 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