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Property profile & analytics
OFF-MARKET
Office buildings
115 Howard St Indianola, IA 50125-2513
Individually Owned
1-yr Hold
Free & Clear
Property ID
US25-1712791
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1966
Total area
1,736 SF
Lot
0.09 ac (3,750 SF)
APN
48020170210
UPID
US25-1712791
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hall & Schlenker Law Firm Law Firm
-
Warren County Attorney's Office County Government Office
-
Warren County Courthouse County Court
-
Warren County Sheriff Sheriff'S Department
-
Necessity Pantry Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stephen A Hall · 1 yrs held
Stephen A Hall
since 2024
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indianola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indianola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,360
Tax year 2023
Assessed value
$131,600
Assessed 2024
Previous assessed
$131,600
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$24,200
Assessed improvement
$107,400
Land market value
$24,200
Improvement market value
$107,400
Total market value
$131,600
Applied tax rate
48,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1966
Stories
1
Total area
1,736 SF
Lot
0.09 ac (3,750 SF)
APN
48020170210
UPID
US25-1712791
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Stephen A Hall
Individual
Free & Clear · 1 yrs held
Mailing address
115 S HOWARD ST, INDIANOLA, IA 50125-2513
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
Stephen A Hall
John D Schlotterback
Correction Deed
related
—
Jun 11, 2024
—
Stephen A Hall
Lane E Goad
Affidavit Of Death Of Joint Tenant
—
Dec 15, 2023
$344,000
Adam Farmham
Michael Dean Weeks
Legal Action/court Order
related
—
Apr 10, 2023
—
Michael R Orwig
Jennie R Tupper
Correction Deed
related
—
Dec 28, 2022
—
Walter E Trembly
Walter E Trembly
Affidavit Of Death Of Joint Tenant
related
—
Sep 29, 2022
—
John M Butchart
John M Butchart
Intrafamily Transfer
related
—
Sep 8, 2022
—
Lucy M Crawford
Lucy M Crawford
Intrafamily Transfer
related
—
Aug 16, 2022
—
Mary Jean Hatcher
Richard G Hatcher
Affidavit Of Death Of Joint Tenant
related
—
Jun 14, 2022
—
Timothy D Brand
Timothy D Brand
Intrafamily Transfer
related
—
May 24, 2022
—
Stephen A Hall
Gary L Crawford
Affidavit Of Death Of Joint Tenant
—
Apr 5, 2022
—
Linda L Miller
Dawson L Miller
Affidavit Of Death Of Joint Tenant
related
—
Dec 20, 2019
—
Mark E Mcnaughton
Palmyra Township
Quit Claim Deed
related
—
Jun 11, 2019
$3,000
Austin P Reynolds
Margret J Hines
Quit Claim Deed
related
—
Jan 16, 2018
—
Nicole Marie Myers
Nicole Marie Myers
Intrafamily Transfer
related
—
Aug 2, 2017
$250,000
Bryan R Elliott
Kathryn Bruere
Warranty Deed
—
Aug 17, 2015
$9,900
Diana Lynn Kramer
Michael E Nelson
Warranty Deed
—
Apr 8, 2014
—
Virginia M Mccall
Estate Of Edward Wells Mccall
Legal Action/court Order
related
—
May 14, 2013
—
Stephen A Hall
Rov Davey
Affidavit Of Death Of Joint Tenant
—
May 4, 2012
—
Alta L Michener Revocable Trust
Alta Michener
Warranty Deed
—
Aug 12, 2008
—
Ralph D Samson
Ten Hagen
Warranty Deed
—
May 25, 2007
—
Theresa M Ripperger
Donna Margaret Hembry
Warranty Deed
—
May 25, 2005
$52,000
Todd Jason Cambron
Judith Anne Meadows Family Trust
Warranty Deed
—
Apr 5, 2005
$144,000
Dean Heemstra Merrill
Estate Of Marjorie Hadley
Legal Action/court Order
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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