7 days on Rocket
#722867, SUSAN VANDERWAAL, Listing office: Iowa Realty South
$320,000 List price
1503 E Franklin Ave Indianola, IA 50125
3 beds
1 full, 1 partial
1,580 sqft
0.2 acres
$203 / sqft
House
Property details
About 1503 E Franklin Ave
Welcome to this near-new 2-story gem located in the heart of Indianola’s growing east side development. This thoughtfully designed 3 bedroom, 2.5 bath home combines modern style with everyday functionality—perfect for today’s busy lifestyle. Step inside to find quartz countertops, crisp white cabinetry, and durable LVP flooring throughout the main level, offering both elegance and ease of maintenance. The open-concept layout flows from the kitchen and dining area onto a 10x10 deck—ideal for grilling or relaxing in your private backyard. Upstairs, the spacious primary suite features a double vanity and walk-in closet, while two additional bedrooms share a full hall bath. The basement offers potential for future expansion—whether you’re dreaming of an extra bedroom, a rec room, or both! Additional features include, Convenient storage shed & 2 car attached garage. Offers close proximity to Indianola High School and Middle School. Quick access to parks, trails, and town amenities. Don’t miss this opportunity to own a move-in-ready home in a desirable and growing neighborhood!
Highlights
Home typeResidential
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,580 sqft
BasementYes
Lot size0.1952 Acres
Year built2021
ParkingAttached, Garage, Two Car Garage
MLS #721343
Attached garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Basement: Yes
- Interior: Dining Area, Eat-in Kitchen
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Garage, Two Car Garage
- Exterior: Deck, Storage
- Architectural Style: Two Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $320,000
- Price/SqFt: $202
- Annual Tax Amount: $2,004
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: Entering Indianola heading south on N Jefferson Way, turn left/East onto E Iowa Ave, turn right/South onto N 15th Street and home will be on the left side of the street.
- Year Built: 2021
- Stories: 2
- Living Area: 1,580 SqFt
- Lot Size: 0.1952 Acres
- MLS Number: 721343
- MLS Name: DMAAR
- Office Name: Iowa Realty Indianola
- Office Phone: (515) 453-6600
- Listing Agent: Josh Baker
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 07, 2022 | Home Sold | $310,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $161,000 | $2,004 |
| 2023 | $122,200 | $526 |
| 2022 | $33,600 | $6 |
| 2021 | $300 | $- |
History based on county public records data.
Nearby schools
5
Emerson Elementary
Public District KG-5
0.5 mi
•1109 E Euclid Ave
9
Irving Elementary
Public District KG-5
1.4 mi
•500 W Clinton Ave
7
Whittier Elementary
Public District PK-5
2.1 mi
•1306 W Salem Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $89,347. Typical income of Indianola, IA residents is between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
35%
35k-100k
40%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Dollar General
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Applebees
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 1503 E Franklin Ave
The listing price of 1503 E Franklin Ave property is $320,000.
The property 1503 E Franklin Ave is a house located in Indianola, Iowa, 50125.
Active Listing: 1503 E Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1503 E Franklin Ave are: Emerson Elementary (GreatSchools Rating 5/10), Irving Elementary (GreatSchools Rating 9/10), Whittier Elementary (GreatSchools Rating 7/10), Indianola Middle School (GreatSchools Rating 6/10), Carlisle Middle School (GreatSchools Rating 4/10), Norwalk Middle School (GreatSchools Rating 4/10), Indianola High School (GreatSchools Rating 5/10), Carlisle High School (GreatSchools Rating 5/10), Norwalk High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,004 (source: MLS/based on county public records data).
The last sale was on February 7, 2022 for $310,000 (source: MLS/tax record).
The property at 1503 E Franklin Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The property 1503 E Franklin Ave is 1,580 SqFt (source: MLS/tax record).
The year of construction for 1503 E Franklin Ave is 2021.
This home is located at 1503 E Franklin Ave in Indianola, IA and zip code 50125. This 1,580 square foot home, which was built in 2021, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $320,000.
While more than 3 listings in Indianola, IA in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 14 were sold below. The number of listings in Indianola, IA decreased by 3.5% between May and June 2025. Listings spent 26 days on the market in June 2025, and had a median list price of $300,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.