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1009 Salem Ave

Indianola, IA 50125

2 bd 1 ba 864 sqft Built 1915 Lot 10,890 sqft single_family
Most recent sale
$164,900
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2025 Sold $185,000 DesMoines
Sep 14, 2022 Sold $164,900 MLS #655843
Jul 8, 2022 Listed $164,900 MLS #655843
Dec 27, 2021 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,900 $31,800 $149,700 $1,932
2024 $117,900 $31,800 $149,700 $1,902
2023 $84,800 $31,800 $116,600 $1,146
2022 $22,000 $31,800 $53,800 $946
2021 $22,000 $31,800 $53,800 $1,833
2020 $20,300 $31,800 $52,100 $1,959
2019 $20,300 $31,800 $52,100 $680
2018 $20,900 $17,700 $38,600 $646
2017 $20,900 $17,700 $38,600 $626
2016 $19,000 $17,700 $36,700 $606
2015 $19,000 $17,700 $36,700 $606
2014 $19,000 $17,700 $36,700 $584
2013 $19,000 $17,700 $36,700 $358
2012 $19,000 $17,700 $36,700 $506
2011 $19,000 $17,700 $36,700 $506
2009 $18,100 $17,700 $35,800 $328
2008 $30,800 $19,500 $50,300 $746
2007 $30,800 $19,500 $50,300 $732
2004 $28,000 $17,700 $45,700 $582

Property facts

Year built
1915
Property type
single_family
Stories
Beds
2
Baths
1
Living area
864 sqft
Lot size
10,890 sqft
ZIP code
50125
City
Indianola
Street
Salem Ave
Coordinates
41.35990, -93.54881

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
$1,296
Gross rental yield
9.43%
Implied cap rate
6.13%
Trend-extrapolated value

Frequently asked questions

When did 1009 Salem Ave last sell?
1009 Salem Ave most recently sold on Sep 14, 2022 for $164,900.
What is the current tax assessment for 1009 Salem Ave?
The most recent total assessment for 1009 Salem Ave (year 2025) is $149,700 with $1,932 in property tax.
How does 1009 Salem Ave's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $164,900.
When was 1009 Salem Ave built?
1009 Salem Ave was built in 1915.
How does 1009 Salem Ave compare to others on Salem Ave?
We track 8 other properties on Salem Ave. Browse the list under "Other properties on Salem Ave" to compare beds, baths, and sale history.
What are the property facts for 1009 Salem Ave?
1009 Salem Ave is a 2 bed, 1 bath, 864 sqft, 10,890 sqft lot single_family.
Is 1009 Salem Ave a flip candidate?
Yes — 1009 Salem Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1009 Salem Ave a tax-appeal candidate?
No — 1009 Salem 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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