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    Property profile & analytics

    118 Ashland Ave Indianola, IA 50125-2509

    • Individual retail properties
    • 1,230 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $60,000
    Last Sale
    Jan 08, 2020
    $44,000
    Location Intelligence
    Property ID
    US25-2017731
    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

    • Studio Fusco / Picture Frame Shop / Graphic Designer
    • Garage / Bar
    • Side Quest LLC / Game Store

    Property Details for 118 Ashland Ave

    Year built
    1900
    Lot size
    0.05 lot acres
    Property size
    1,230 SF
    Property type
    Individual retail properties
    APN
    48020080161
    APU
    48020080161

    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
    -93.5618
    Latitude
    41.3616
    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
    $968
    $13,800
    $40,200
    $54,000
    -
    $13,800
    $40,200
    $54,000

    Comparable in this City

    • Value Estimation
      $200,000
      1,500 SF

      217 Salem Ave

      BARBER, HAIR SALON • 1,500 SF
      217 Salem Ave, Indianola, IA 50125-2420
      View Details
    • Value Estimation by Request
      78,539 SF

      Indianola, IA 50125

      GYM, HEALTH SPA • 78,539 SF
      Indianola, IA 50125
      View Details
    • Value Estimation by Request
      1,072 SF

      100 Ashland Ave

      BARBER, HAIR SALON • 1,072 SF
      100 Ashland Ave, Indianola, IA 50125-2509
      View Details
    • Value Estimation
      $240,000
      1,280 SF

      1012 Jefferson Way

      LAUNDROMAT (SELF-SERVICE) • 1,280 SF
      1012 Jefferson Way, Indianola, IA 50125-1452
      View Details
    • Value Estimation
      $235,000
      3,240 SF

      209 Salem Ave

      LAUNDROMAT (SELF-SERVICE) • 3,240 SF
      209 Salem Ave, Indianola, IA 50125-2621
      View Details
    • Value Estimation by Request
      2,250 SF

      810 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      810 2nd Ave, Indianola, IA 50125-2350
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $4,897,200
      136.51 Acres

      Farmland in Indianola, Iowa

      136.51 acres of farmland with CRP and tillable acres.
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    • $2,450,000
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      277 acres of agricultural land with development potential.
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    118 Ashland Ave
    Indianola, IA 50125-2509
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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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