400 Salem Ave
Indianola, IA 50125
2 bd 2 ba 1,444 sqft Built 1930 Lot 6,451 sqft single_family
Most recent sale
$107,500
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2025 | Sold | $225,000 | DesMoines |
| Sep 15, 2022 | Sold | $107,500 | MLS #652853 |
| Jul 29, 2022 | Relisted | $115,000 | MLS #652853 |
| May 26, 2022 | Listed | $125,000 | MLS #652853 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $175,100 | $31,800 | $206,900 | $1,416 |
| 2024 | $175,100 | $31,800 | $206,900 | $1,398 |
| 2023 | $52,000 | $26,000 | $78,000 | $1,440 |
| 2022 | $50,500 | $26,000 | $76,500 | $1,424 |
| 2021 | $50,500 | $26,000 | $76,500 | $1,462 |
| 2020 | $48,100 | $26,000 | $74,100 | $1,430 |
| 2019 | $48,100 | $26,000 | $74,100 | $1,302 |
| 2018 | $51,700 | $14,400 | $66,100 | $1,242 |
| 2017 | $51,700 | $14,400 | $66,100 | $1,180 |
| 2016 | $47,300 | $14,400 | $61,700 | $1,148 |
| 2015 | $47,300 | $14,400 | $61,700 | $1,178 |
| 2014 | $48,700 | $14,400 | $63,100 | $1,138 |
| 2013 | $48,700 | $14,400 | $63,100 | $1,112 |
| 2012 | $50,100 | $14,400 | $64,500 | $1,104 |
| 2011 | $50,100 | $14,400 | $64,500 | $1,104 |
| 2009 | $50,400 | $14,400 | $64,800 | $1,068 |
| 2008 | $63,800 | $15,800 | $79,600 | $1,260 |
| 2007 | $63,800 | $15,800 | $79,600 | $1,238 |
| 2004 | $58,000 | $14,400 | $72,400 | $1,040 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,444 sqft
Lot size
6,451 sqft
ZIP code
50125
City
Indianola
Street
Salem Ave
Coordinates
41.36054, -93.56527
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
$645
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 400 Salem Ave last sell?
400 Salem Ave most recently sold on Sep 15, 2022 for $107,500.
What is the current tax assessment for 400 Salem Ave?
The most recent total assessment for 400 Salem Ave (year 2025) is $206,900 with $1,416 in property tax.
How does 400 Salem Ave's assessment compare to its last sale price?
The current assessment is 92.5% above the last sale price of $107,500.
When was 400 Salem Ave built?
400 Salem Ave was built in 1930.
How does 400 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 400 Salem Ave?
400 Salem Ave is a 2 bed, 2 bath, 1,444 sqft, 6,451 sqft lot single_family.
Is 400 Salem Ave a flip candidate?
No — 400 Salem Ave does not appear in our flips dataset.
Is 400 Salem Ave a tax-appeal candidate?
No — 400 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