407 Salem Ave
Indianola, IA 50125
4 bd 2 ba 2,342 sqft Built 1900 Lot 11,252 sqft multi_family
Most recent sale
$183,720
Apr 17, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 17, 2024 | Sold | $183,720 | DesMoines |
| Feb 21, 2024 | Relisted | $184,900 | DesMoines |
| Jan 28, 2024 | Listing removed | — | DesMoines |
| Nov 30, 2023 | Price changed | $184,900 | DesMoines |
| Oct 20, 2023 | Listed | $189,900 | DesMoines |
| Jun 30, 2022 | Listing removed | — | RentFeeder |
| Feb 23, 2022 | Listed for rent | $1,275 | RentFeeder |
| Sep 18, 2019 | Listing removed | — | RentFeeder |
| Aug 24, 2019 | Price changed (rent) | $1,200 | RentFeeder |
| Jul 9, 2019 | Listed for rent | $1,250 | RentFeeder |
| Dec 11, 2017 | Sold | $123,750 | DesMoines |
| Oct 10, 2017 | Listed | $129,900 | DesMoines |
| Nov 25, 2016 | Listing removed | $125,000 | DesMoines |
| May 25, 2016 | Listed | $125,000 | DesMoines |
| Oct 2, 2007 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,100 | $41,300 | $176,400 | $2,514 |
| 2024 | $135,100 | $41,300 | $176,400 | $2,484 |
| 2023 | $104,700 | $33,800 | $138,500 | $2,512 |
| 2022 | $84,100 | $33,800 | $117,900 | $2,486 |
| 2021 | $84,100 | $33,800 | $117,900 | $2,524 |
| 2020 | $79,300 | $33,800 | $113,100 | $2,476 |
| 2019 | $79,300 | $33,800 | $113,100 | $2,260 |
| 2018 | $81,100 | $18,800 | $99,900 | $2,162 |
| 2017 | $81,100 | $18,800 | $99,900 | $2,062 |
| 2016 | $74,100 | $18,800 | $92,900 | $2,014 |
| 2015 | $74,100 | $18,800 | $92,900 | $2,014 |
| 2014 | $74,300 | $18,800 | $93,100 | $1,954 |
| 2013 | $74,300 | $18,800 | $93,100 | $1,820 |
| 2012 | $74,500 | $18,800 | $93,300 | $1,698 |
| 2011 | $74,500 | $18,800 | $93,300 | $1,698 |
| 2009 | $71,200 | $18,800 | $90,000 | $1,652 |
| 2008 | $71,200 | $18,800 | $90,000 | $1,650 |
| 2007 | $73,400 | $20,700 | $94,100 | $1,624 |
| 2004 | $66,700 | $18,800 | $85,500 | $1,398 |
Property facts
Year built
1900
Property type
multi_family
Stories
—
Beds
4
Baths
2
Living area
2,342 sqft
Lot size
11,252 sqft
ZIP code
50125
City
Indianola
Street
Salem Ave
Coordinates
41.36005, -93.56587
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
$1,102
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 Salem Ave last sell?
407 Salem Ave most recently sold on Apr 17, 2024 for $183,720.
What is the current tax assessment for 407 Salem Ave?
The most recent total assessment for 407 Salem Ave (year 2025) is $176,400 with $2,514 in property tax.
How does 407 Salem Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $183,720.
When was 407 Salem Ave built?
407 Salem Ave was built in 1900.
How does 407 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 407 Salem Ave?
407 Salem Ave is a 4 bed, 2 bath, 2,342 sqft, 11,252 sqft lot multi_family.
Is 407 Salem Ave a flip candidate?
No — 407 Salem Ave does not appear in our flips dataset.
Is 407 Salem Ave a tax-appeal candidate?
No — 407 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