$2,494 Closing Credit¹
#711271, Marc Olson, Listing Office: Re/max Concepts-Nevada
$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
- 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: 2/22/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$150,000
503 W 2nd Ave
$1,781
closing credit¹
Sell your home with Rocket and save even more!
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. Most Indianola, IA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living 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
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.
Over 0 listings were sold over their listed price in January 2025 in Indianola, IA. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Indianola, IA decreased by 11.3% between December and January 2025. In January 2025 median list price was $289,250 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.