505 Salem Ave
Indianola, IA 50125
2 bd 5 ba 1,910 sqft Built 1930 Lot 11,108 sqft single_family
Most recent sale
$222,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $222,000 | MLS #652456 |
| May 20, 2022 | Listed | $219,900 | MLS #652456 |
| Mar 23, 2015 | Sold | $130,000 | MLS #439508 |
| Jan 19, 2015 | Relisted | $139,900 | MLS #439508 |
| Jan 16, 2015 | Listing removed | $139,900 | DesMoines |
| Jul 14, 2014 | Listed | $139,900 | MLS #439508 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $196,100 | $33,800 | $229,900 | $3,226 |
| 2024 | $196,100 | $33,800 | $229,900 | $3,300 |
| 2023 | $167,800 | $33,800 | $201,600 | $3,360 |
| 2022 | $123,900 | $33,800 | $157,700 | $3,138 |
| 2021 | $123,900 | $33,800 | $157,700 | $3,164 |
| 2020 | $116,500 | $33,800 | $150,300 | $3,098 |
| 2019 | $116,500 | $33,800 | $150,300 | $2,994 |
| 2018 | $122,100 | $18,800 | $140,900 | $2,862 |
| 2017 | $122,100 | $18,800 | $140,900 | $2,750 |
| 2016 | $113,600 | $18,800 | $132,400 | $2,680 |
| 2015 | $113,600 | $18,800 | $132,400 | $2,902 |
| 2014 | $115,300 | $18,800 | $134,100 | $2,556 |
| 2013 | $115,300 | $18,800 | $134,100 | $2,432 |
| 2012 | $117,000 | $18,800 | $135,800 | $2,294 |
| 2011 | $117,000 | $18,800 | $135,800 | $2,294 |
| 2009 | $113,000 | $18,800 | $131,800 | $2,226 |
| 2008 | $106,000 | $20,700 | $126,700 | $2,016 |
| 2007 | $106,000 | $20,700 | $126,700 | $1,978 |
| 2004 | $96,400 | $18,800 | $115,200 | $1,716 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
5
Living area
1,910 sqft
Lot size
11,108 sqft
ZIP code
50125
City
Indianola
Street
Salem Ave
Coordinates
41.36002, -93.55510
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
$1,332
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Salem Ave last sell?
505 Salem Ave most recently sold on Jul 8, 2022 for $222,000.
What is the current tax assessment for 505 Salem Ave?
The most recent total assessment for 505 Salem Ave (year 2025) is $229,900 with $3,226 in property tax.
How does 505 Salem Ave's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $222,000.
When was 505 Salem Ave built?
505 Salem Ave was built in 1930.
How does 505 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 505 Salem Ave?
505 Salem Ave is a 2 bed, 5 bath, 1,910 sqft, 11,108 sqft lot single_family.
Is 505 Salem Ave a flip candidate?
No — 505 Salem Ave does not appear in our flips dataset.
Is 505 Salem Ave a tax-appeal candidate?
No — 505 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