$2,018 Closing Credit¹
#715082, Brady Jackson, Listing Office: Iowa Realty South
$150,000 List price
503 W 2nd Ave Indianola, IA 50125
$1,781
Closing credit¹
3 beds
1 full
1,128 sqft
0.3 acres
$133 / sqft
House
Property details
About 503 W 2nd Ave
Here is a fantastic investment opportunity! This is an as-is rental home for sale, featuring not just a comfortable living space but also two detached garages that provide versatile options, whether you choose to rent them out for extra income, as workshops or storage. A 12-month lease is in place, so you are set up with long term tenant and instant income. The water heater was replaced in 2023, and the furnace was replaced in 2022. All information obtained from Seller and public records.
Highlights
Home typeResidential
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size1,128 sqft
Lot size0.27 Acres
Year built1900
ParkingDetached, Garage, Two Car Garage
MLS #711905
Garage4 spaces
Summary
- Full Bathrooms: 1
- Appliances: Refrigerator, Stove
- Flooring Type: Vinyl
- Interior: Dining Area
- Total Bedroom Count: 3
- Garage Space: 4 spaces
- Attached Garage: No
- Parking: Detached, Garage, Two Car Garage
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $150,000
- Price/SqFt: $132
- Annual Tax Amount: $1,886
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: From the intersection of HYW 65/69 and HYW 92, go west on HYW 92 and the properties are on the south side of the road at South D St
- Year Built: 1900
- Living Area: 1,128 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 711905
- MLS Name: DMAAR
- Office Name: RE/MAX Precision
- Office Phone: (515) 418-1896
- Listing Agent: Kilpatrick, Jon
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: 5/9/2025, 10:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$150,000
503 W 2nd Ave
$1,781
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $105,200 | $1,886 |
| 2023 | $105,200 | $1,840 |
| 2022 | $86,400 | $1,822 |
| 2021 | $86,400 | $1,826 |
| 2020 | $81,800 | $1,791 |
| 2018 | $- | $1,744 |
| 2017 | $- | $1,668 |
History based on county public records data.
Nearby schools
9
Irving Elementary
Public District KG-5
0.4 mi
•500 W Clinton Ave
7
Whittier Elementary
Public District PK-5
0.7 mi
•1306 W Salem Ave
5
Emerson Elementary
Public District KG-5
1.1 mi
•1109 E Euclid 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 $54,771. Residents of Indianola, IA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
32%
<35k
58%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Kmart
Where do the neighbors go to eat?
Little Caesars
Sonic
Bob Evans
What do the neighbors drive?
Chevrolet
Oldsmobile
Buick
What do the neighbors listen to?
Country
Contemporary Inspirational- Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 503 W 2nd Ave
The listing price of 503 W 2nd Ave property is $150,000.
The property 503 W 2nd Ave is a house located in Indianola, Iowa, 50125.
Active Listing: 503 W 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 503 W 2nd Ave are: Irving Elementary (GreatSchools Rating 9/10), Whittier Elementary (GreatSchools Rating 7/10), Emerson Elementary (GreatSchools Rating 5/10), Indianola Middle School (GreatSchools Rating 6/10), Norwalk Middle School (GreatSchools Rating 4/10), Carlisle Middle School (GreatSchools Rating 4/10), Indianola High School (GreatSchools Rating 5/10), Martensdale - St. Marys Jr. / Sr. High School (GreatSchools Rating 2/10), Norwalk High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,886 (source: MLS/based on county public records data).
The property at 503 W 2nd Ave has 3 bedrooms and 1 bathroom.
The property 503 W 2nd Ave is 1,128 SqFt (source: MLS/tax record).
The year of construction for 503 W 2nd Ave is 1900.
This home is located at 503 W 2nd Ave in Indianola, IA and zip code 50125. This 1,128 square foot home, which was built in 1900, sits on a 0.27 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $150,000.
In April 2025, from all listings sold in Indianola, IA there were more than 2 sold above asking price, over 9 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Indianola, IA between March and April 2025 increased by 10.3%. The median list price of listings available in April 2025 was $287,833, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.