509 I St
Indianola, IA 50125
3 bd 2 ba 1,334 sqft Built 1949 Lot 16,801 sqft single_family
Most recent sale
$215,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2025 | Sold | $239,900 | DesMoines |
| Aug 31, 2022 | Sold | $215,000 | MLS #655460 |
| Jul 1, 2022 | Listed | $219,900 | MLS #655460 |
| Jun 11, 2015 | Sold | $129,900 | Public Record |
| May 1, 2015 | Listing removed | $129,900 | DesMoines |
| Apr 2, 2015 | Listed | $129,900 | MLS #451628 |
| Feb 20, 2007 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $192,300 | $61,600 | $253,900 | $3,706 |
| 2024 | $192,300 | $61,600 | $253,900 | $3,660 |
| 2023 | $153,700 | $50,400 | $204,100 | $3,266 |
| 2022 | $115,200 | $50,400 | $165,600 | $3,232 |
| 2021 | $115,200 | $50,400 | $165,600 | $3,262 |
| 2020 | $107,600 | $50,400 | $158,000 | $3,194 |
| 2019 | $107,600 | $50,400 | $158,000 | $2,880 |
| 2018 | $111,100 | $28,000 | $139,100 | $2,750 |
| 2017 | $111,100 | $28,000 | $139,100 | $2,610 |
| 2016 | $101,400 | $28,000 | $129,400 | $2,550 |
| 2015 | $101,700 | $28,000 | $129,700 | $3,601 |
| 2014 | $115,100 | $28,000 | $143,100 | $2,746 |
| 2013 | $115,100 | $28,000 | $143,100 | $2,602 |
| 2012 | $116,500 | $28,000 | $144,500 | $2,562 |
| 2011 | $116,500 | $28,000 | $144,500 | $2,562 |
| 2009 | $118,000 | $28,000 | $146,000 | $2,486 |
| 2008 | $128,500 | $30,800 | $159,300 | $2,588 |
| 2007 | $128,500 | $30,800 | $159,300 | $2,540 |
| 2004 | $116,800 | $28,000 | $144,800 | $2,310 |
Property facts
Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,334 sqft
Lot size
16,801 sqft
ZIP code
50125
City
Indianola
Street
I St
Coordinates
41.36526, -93.57577
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
$2,001
Gross rental yield
11.17%
Implied cap rate
7.26%
Trend-extrapolated value
—
Frequently asked questions
When did 509 I St last sell?
509 I St most recently sold on Aug 31, 2022 for $215,000.
What is the current tax assessment for 509 I St?
The most recent total assessment for 509 I St (year 2025) is $253,900 with $3,706 in property tax.
How does 509 I St's assessment compare to its last sale price?
The current assessment is 18.1% above the last sale price of $215,000.
When was 509 I St built?
509 I St was built in 1949.
How does 509 I St compare to others on I St?
We track 8 other properties on I St. Browse the list under "Other properties on I St" to compare beds, baths, and sale history.
What are the property facts for 509 I St?
509 I St is a 3 bed, 2 bath, 1,334 sqft, 16,801 sqft lot single_family.
Is 509 I St a flip candidate?
No — 509 I St does not appear in our flips dataset.
Is 509 I St a tax-appeal candidate?
No — 509 I St 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