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1204 Lancaster Way

Indianola, IA 50125

4 bd 5 ba 2,931 sqft Built 2005 Lot 11,021 sqft single_family
Most recent sale
$319,000
Dec 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 13, 2021 Sold $319,000 MLS #640340
Oct 22, 2021 Listed $319,900 MLS #640340
May 22, 2020 Sold $263,000 MLS #595011
Mar 31, 2020 Price changed $268,500 MLS #595011
Dec 30, 2019 Price changed $274,900 MLS #595011
Dec 5, 2019 Price changed $278,900 MLS #595011
Nov 15, 2019 Listed $284,900 MLS #595011
Mar 23, 2015 Sold $235,000 MLS #436360
Dec 5, 2014 Sold $235,000 Public Record
Sep 24, 2014 Price changed $239,900 MLS #436360
Aug 6, 2014 Price changed $244,900 MLS #436360
May 20, 2014 Listed $249,900 MLS #436360
May 31, 2006 Sold $242,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $313,500 $52,600 $366,100 $6,202
2024 $313,500 $52,600 $366,100 $6,124
2023 $296,100 $45,500 $341,600 $6,468
2022 $258,100 $45,500 $303,600 $6,404
2021 $258,100 $45,500 $303,600 $6,398
2020 $241,100 $45,500 $286,600 $6,276
2019 $241,100 $45,500 $286,600 $5,752
2018 $226,300 $28,000 $254,300 $5,504
2017 $226,300 $28,000 $254,300 $5,686
2016 $228,200 $28,000 $256,200 $5,566
2015 $228,800 $28,000 $256,800 $5,420
2014 $231,200 $28,000 $259,200 $5,254
2013 $231,200 $28,000 $259,200 $4,622
2012 $231,200 $28,000 $259,200 $4,740
2011 $216,500 $28,000 $244,500 $4,740
2009 $154,700 $28,000 $182,700 $3,232
2008 $239,000 $30,800 $269,800 $3,282
2007 $239,000 $30,800 $269,800 $3,226
2004 $142,300 $28,000 $170,300 $10

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
2,931 sqft
Lot size
11,021 sqft
ZIP code
50125
City
Indianola
Street
Lancaster Way
Coordinates
41.37206, -93.54842

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
$1,914
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1204 Lancaster Way last sell?
1204 Lancaster Way most recently sold on Dec 13, 2021 for $319,000.
What is the current tax assessment for 1204 Lancaster Way?
The most recent total assessment for 1204 Lancaster Way (year 2025) is $366,100 with $6,202 in property tax.
How does 1204 Lancaster Way's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $319,000.
When was 1204 Lancaster Way built?
1204 Lancaster Way was built in 2005.
How does 1204 Lancaster Way compare to others on Lancaster Way?
We track 3 other properties on Lancaster Way. Browse the list under "Other properties on Lancaster Way" to compare beds, baths, and sale history.
What are the property facts for 1204 Lancaster Way?
1204 Lancaster Way is a 4 bed, 5 bath, 2,931 sqft, 11,021 sqft lot single_family.
Is 1204 Lancaster Way a flip candidate?
Yes — 1204 Lancaster Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1204 Lancaster Way a tax-appeal candidate?
No — 1204 Lancaster Way 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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