7 days on Rocket
#722055, Apryl Young, Listing office: Realty ONE Group Impact
$174,900 List price
601 N 1st St Indianola, IA 50125
4 beds
2 full
1,524 sqft
0.2 acres
$115 / sqft
House
Property details
About 601 N 1st St
Excellent investment opportunity near Simpson College and Indianola Square! This income-producing property features two fully rented units. The main-level unit offers 2 bedrooms, 1 bath, a large kitchen, spacious living room, and basement access. The second level unit includes 1 bedroom and 1 bath. Both units have in-unit laundry, providing added convenience for tenants. Oversized lot that includes private off-street parking and ample street parking for guests and tenants. Conveniently located near Hwy 65/69. Turnkey investment with reliable rental income.
Highlights
Home typeOther
HeatingBaseboard, Electric
StatusActive
CoolingWindow Unit(s)
Size1,524 sqft
BasementYes
Lot size0.17 Acres
Year built1890
MLS #719413
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Architectural Style: Two Story
- Heating: Baseboard, Electric
- Cooling: Window Unit(s)
- List Price: $174,900
- Price/SqFt: $114
- Annual Tax Amount: $2,052
- Tax Year: 2024
- Directions: Head north on N Jefferson Way toward E Clinton Ave, turn west onto E Euclid Ave, turn north onto N 1st St, turn west and home is on the south side.
- Year Built: 1890
- Stories: 2
- Living Area: 1,524 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 719413
- MLS Name: DMAAR
- Office Name: BH&G Real Estate Innovations
- Office Phone: (515) 962-5555
- Listing Agent: Misty Darling
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: 7/21/2025, 11:45:29 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 |
|---|---|---|
| Dec 15, 2020 | Home Sold | $58,000 |
| Feb 07, 2020 | Home Sold | $87,000 |
| Jul 28, 2017 | Home Sold | $43,000 |
| Jun 28, 2016 | Home Sold | $25,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $114,500 | $2,052 |
| 2023 | $114,500 | $2,094 |
| 2022 | $98,300 | $2,074 |
| 2021 | $98,300 | $2,062 |
| 2020 | $92,400 | $2,023 |
| 2018 | $- | $1,884 |
| 2017 | $- | $826 |
History based on county public records data.
Nearby schools
9
Irving Elementary
Public District KG-5
0.4 mi
•500 W Clinton Ave
5
Emerson Elementary
Public District KG-5
0.6 mi
•1109 E Euclid Ave
7
Whittier Elementary
Public District PK-5
1.0 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 $44,844. Most Indianola, IA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
42%
<35k
38%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
12%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
65%
18-34 yrs old
16%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Extreme Sports
NASCAR
Where do the neighbors shop?
Wal-Mart
Family Dollar
Academy Sports & Outdoors
Where do the neighbors go to eat?
Sonic
Dominos Pizza
Little Caesars
What do the neighbors drive?
Oldsmobile
Ford
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
New Country
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 601 N 1st St
The listing price of 601 N 1st St property is $174,900.
The property 601 N 1st St is a house located in Indianola, Iowa, 50125.
Active Listing: 601 N 1st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 601 N 1st St are: Irving Elementary (GreatSchools Rating 9/10), Emerson Elementary (GreatSchools Rating 5/10), Whittier Elementary (GreatSchools Rating 7/10), 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 $2,052 (source: MLS/based on county public records data).
The last sale was on December 15, 2020 for $58,000 (source: MLS/tax record).
The property at 601 N 1st St has 4 bedrooms and 2 bathrooms.
The property 601 N 1st St is 1,524 SqFt (source: MLS/tax record).
The year of construction for 601 N 1st St is 1890.
This home is located at 601 N 1st St in Indianola, IA and zip code 50125. This 1,524 square foot home, which was built in 1890, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $174,900.
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 homes for sale in Indianola, IA decreased by 3.5% between May and June 2025. The median list price of listings available in June 2025 was $300,000, while the average time on the real estate market was 26 days.
From Rocket Homes Real Estate and based on county public records data.