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    Property profile & analytics

    117 Salem Ave Indianola, IA 50125-2516

    • Investment properties
    • 9,272 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Oct 05, 2023
    Location Intelligence
    Property ID
    US25-1583154
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Misty SOLDwisch: Better Homes & Gardens Real Estate Innovations / Real Estate Agency / Real Estate Agent
    • Kim Cross, REALTOR / Real Estate Agent
    • Misty SOLDwisch / Real Estate Agency
    • Justin Ewoldsen / Real Estate Agent
    • Better Homes and Gardens Real Estate Innovations / Real Estate Agency / Real Estate Agent

    Property Details for 117 Salem Ave

    Year built
    1905
    Lot size
    0.18 lot acres
    Property size
    9,272 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    48020180030
    APU
    48020180030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5601
    Latitude
    41.36
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,072
    $30,900
    $273,700
    $304,600
    -
    $30,900
    $273,700
    $304,600

    Comparable in this City

    • Value Estimation
      $250,000
      4,095 SF

      108 Ashland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,095 SF
      108 Ashland Ave, Indianola, IA 50125-2523
      View Details
    • Value Estimation by Request
      7,988 SF

      113 Salem Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,988 SF
      113 Salem Ave, Indianola, IA 50125-2571
      View Details
    • Value Estimation
      $205,000
      4,704 SF

      113 Salem Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,704 SF
      113 Salem Ave, Indianola, IA 50125-2518
      View Details
    • Value Estimation
      $955,000
      7,648 SF

      400 J St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,648 SF
      400 J St, Indianola, IA 50125-2158
      View Details
    • Value Estimation by Request
      1,088 SF

      101 Salem Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,088 SF
      101 Salem Ave, Indianola, IA 50125-2518
      View Details
    • Value Estimation
      $305,000
      3,700 SF

      112 Salem Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,700 SF
      112 Salem Ave, Indianola, IA 50125-2549
      View Details

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    117 Salem Ave
    Indianola, IA 50125-2516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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