1501 Salem Ave
Indianola, IA 50125
4 bd 3 ba 1,778 sqft Built 1971 Lot 13,983 sqft single_family
Most recent sale
$270,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 16, 2022 | Sold | $270,000 | MLS #646724 |
| Mar 18, 2022 | Price changed | $279,500 | MLS #646724 |
| Mar 11, 2022 | Price changed | $287,500 | MLS #646724 |
| Mar 4, 2022 | Listed | $295,000 | MLS #646724 |
| Jul 10, 2020 | Sold | $220,000 | MLS #605826 |
| May 22, 2020 | Listed | $225,000 | MLS #605826 |
| Jun 7, 2016 | Sold | $174,000 | Public Record |
| Apr 16, 2016 | Listing removed | $176,000 | DesMoines |
| Apr 15, 2016 | Listed | $176,000 | MLS #515273 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,300 | $53,900 | $286,200 | $4,980 |
| 2024 | $232,300 | $53,900 | $286,200 | $5,100 |
| 2023 | $240,400 | $44,100 | $284,500 | $4,564 |
| 2022 | $170,100 | $44,100 | $214,200 | $4,518 |
| 2021 | $170,100 | $44,100 | $214,200 | $4,374 |
| 2020 | $160,400 | $44,100 | $204,500 | $4,286 |
| 2019 | $160,400 | $44,100 | $204,500 | $4,122 |
| 2018 | $166,200 | $24,500 | $190,700 | $3,940 |
| 2017 | $166,200 | $24,500 | $190,700 | $3,716 |
| 2016 | $151,500 | $24,500 | $176,000 | $3,626 |
| 2015 | $151,500 | $24,500 | $176,000 | $3,624 |
| 2014 | $146,400 | $29,800 | $176,200 | $3,512 |
| 2013 | $146,400 | $29,800 | $176,200 | $3,324 |
| 2012 | $148,100 | $29,800 | $177,900 | $3,472 |
| 2011 | $148,100 | $29,800 | $177,900 | $3,472 |
| 2009 | $160,600 | $29,800 | $190,400 | $3,374 |
| 2008 | $160,600 | $29,800 | $190,400 | $3,076 |
| 2007 | $150,300 | $32,800 | $183,100 | $3,024 |
| 2004 | $136,600 | $29,800 | $166,400 | $2,764 |
Property facts
Year built
1971
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,778 sqft
Lot size
13,983 sqft
ZIP code
50125
City
Indianola
Street
Salem Ave
Coordinates
41.36070, -93.57996
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,667
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value
—
Frequently asked questions
When did 1501 Salem Ave last sell?
1501 Salem Ave most recently sold on May 16, 2022 for $270,000.
What is the current tax assessment for 1501 Salem Ave?
The most recent total assessment for 1501 Salem Ave (year 2025) is $286,200 with $4,980 in property tax.
How does 1501 Salem Ave's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $270,000.
When was 1501 Salem Ave built?
1501 Salem Ave was built in 1971.
How does 1501 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 1501 Salem Ave?
1501 Salem Ave is a 4 bed, 3 bath, 1,778 sqft, 13,983 sqft lot single_family.
Is 1501 Salem Ave a flip candidate?
Yes — 1501 Salem Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1501 Salem Ave a tax-appeal candidate?
No — 1501 Salem 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 Salem Ave