OFF MARKET

Off market apr 2025 for $187K

$199,428

Est. refi paymentEst. refi $1,290/mo

•

1,209

sq ft

501 5th Ave SW, Independence, IA 50644

About this home

Welcome to this charming bungalow in the heart of it all! This cozy gem is just steps away from the local football and track field, making it perfect for sports lovers or anyone who enjoys a vibrant community atmosphere. For those that enjoy a nature walk, the Liberty Trail is conveniently close. Step inside and fall in love with the updated flooring, windows and mechanicals, creating a modern touch while maintaining its original character. With a large corner lot, there is plenty of space for outdoor activities or potential expansion. Featuring one bedroom and bathroom on the main floor and convenient laundry facilities also on this level, this home offers easy living at its best. There are two more bedrooms and a bathroom upstairs. Enjoy lazy summer evenings on the welcoming front porch, watching the world go by. Don't miss your chance to make this truly unique property your own - schedule a showing today and experience all that Independence has to offer!

Single-familyProperty Type

1928Year Built

8,712 sq ftLot Size

$165Est. Price/Sq.Ft.

1 car garageParking

Listed by Heather Federspiel • Wapsie Realty, LLC

Bought with Connie Barnes • Barnes Real Estate

Redfin checked: 3 minutes ago

•Source:CRAAR, CDRMLS #2407171

Redfin Estimate

$199,428

$12K since sold in April 2025$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.3% higher than the average sale price ($160K) of 6 comparable homes.

SOLD JUN 23, 2026
$188,500
A
3 beds2 baths1,563 sq ft
711 SW 6th St, Independence, IA 50644
SOLD JUL 30, 2026
$180,000
B
3 beds2 baths1,224 sq ft
119 NE 7th Ave, Independence, IA 50644
SOLD JUL 24, 2026
$241,500
C
3 beds2 baths1,968 sq ft
311 3rd Ave Ave SW, Independence, IA 50644
SOLD MAY 1, 2026
$175,000
D
4 beds— baths1,072 sq ft
1000 3rd St. N.w. St, Independence, IA 50644
SOLD JUL 15, 2026
$124,900
E
3 beds1 bath1,248 sq ft
712 3rd Ave Ave NE, Independence, IA 50644
SOLD AUG 26, 2026
$52,500
F
3 beds2 baths1,040 sq ft
802 Nelson Ave, Independence, IA 50644

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Earn from this home

Refinance

Est. cash available

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Rent

$1,317/mo

Redfin rental estimate

List your home for rent

Market trends in 50644, IA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

96.6%

0.7% MoM

Median sale price

$201K

$21K MoM

Avg. days on market

10d

4 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 2PM
$114,900
1 bed1.5 baths939 sq ft
204 6th Ave SE, Independence, IA 50644
NEW 20 HRS AGO
$259,900
3 beds3.5 baths2,444 sq ft
213 SE 6th Ave, Independence, IA 50644
$219,900
2 beds2 baths1,426 sq ft
118 Cardinal Ct, Independence, IA 50644
3D & VIDEO TOUR
$1,499,900
4 beds3.5 baths6,569 sq ft
1771-1 Golf Course Blvd, Independence, IA 50644
See all

Provided by Redfin

Sale history for 501 5th Ave SW

Date

Event

Price

NEIRBR as distributed by MLS GRID #20244702

Apr 16, 2025

Sold

$187,000

$155/sq ft

Jan 24, 2025

Pending

—

Nov 15, 2024

Price Changed

$194,500

$161/sq ft

Oct 18, 2024

Listed

$204,500

$169/sq ft

+19

CRAAR, CDRMLS #2407171

Apr 16, 2025

Sold

$187,000

$155/sq ft

Jan 24, 2025

Pending

—

Nov 15, 2024

Price Changed

$194,500

$161/sq ft

Oct 18, 2024

Listed

$204,500

$169/sq ft

Public Records

Nov 22, 2022

Sold

$85,000

$70/sq ft

NEIRBR as distributed by MLS GRID #20202256

Aug 18, 2020

Sold

$98,000

$81/sq ft

May 13, 2020

Listed

$94,500

$78/sq ft

CRAAR, CDRMLS #1612871

May 5, 2017

Sold

$85,000

$70/sq ft

Dec 7, 2016

Listed

$87,900

$73/sq ft

NEIRBR as distributed by MLS GRID #20166848

May 5, 2017

Sold

$85,000

$70/sq ft

Dec 7, 2016

Listed

$87,900

$73/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,476 (+1.8%)

$23,020 + $138,310

$161,330

2025

$2,432 (+2.4%)

$23,020 + $98,910

$121,930

2024

$2,376 (+37.0%)

$23,020 + $98,910

$121,930

2023

$1,734 (+3.2%)

$20,560 + $87,110

$107,670

2022

$1,680 (+1.0%)

$16,320 + $72,460

$88,780

2021

$1,664 (+1.1%)

$16,320 + $72,460

$88,780

2020

$1,646 (−0.7%)

$14,960 + $66,810

$81,770

2019

$1,658 (+34.1%)

$14,960 + $66,810

$81,770

2018

$1,236 (−18.7%)

$14,960 + $65,590

$80,550

2017

$1,520 (−0.5%)

$14,960 + $49,740

$64,700

2015

$1,528 (+5.7%)

$8,090 + $59,880

$67,970

2014

$1,446

$8,090 + $59,880

$67,970

Tax history for 501 5th Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$2,476 (+1.8%)

$23,020 + $138,310

$161,330

2025

$2,432 (+2.4%)

$23,020 + $98,910

$121,930

2024

$2,376 (+37.0%)

$23,020 + $98,910

$121,930

2023

$1,734 (+3.2%)

$20,560 + $87,110

$107,670

2022

$1,680 (+1.0%)

$16,320 + $72,460

$88,780

2021

$1,664 (+1.1%)

$16,320 + $72,460

$88,780

2020

$1,646 (−0.7%)

$14,960 + $66,810

$81,770

2019

$1,658 (+34.1%)

$14,960 + $66,810

$81,770

2018

$1,236 (−18.7%)

$14,960 + $65,590

$80,550

2017

$1,520 (−0.5%)

$14,960 + $49,740

$64,700

2015

$1,528 (+5.7%)

$8,090 + $59,880

$67,970

2014

$1,446

$8,090 + $59,880

$67,970

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

1928

Sq. Ft.

1,209

Year built

1928

Style

Single Family Residential

County

Buchanan County

APN

10.04.401.003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 15, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Detached, Garage

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air

Interior Features
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Room Information
Has Basement

Exterior

Exterior Features
Patio And Porch Features: Enclosed, Porch

Building Information
Above Grade Finished Area: 1,209
Construction Materials: Frame, Wood Siding
Foundation Details: Block

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Lot Information
Lot Size : 0.2
Lot Size Dimensions: 8712
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2

Financial

Tax Information
Tax Annual Amount: $2,093

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
Elementary School: Independence
Middle Or Junior School: Independence
High School: Independence

Location Information
Directions: Hwy 20 West to Independence. Hwy 150 North to 1st Street. East on 1st Street then South on 5th Avenue SW.

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,209
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1928
Year Renovated: 1928
County: Buchanan County
APN: 10.04.401.003

Home facts updated by county records on Oct 15, 2026

Other

Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors

Around this home

Schools

K - 12
Preschool & daycare

East Elementary School

Public K-2 • Assigned • 0.4mi

Independence Junior Senior High School

Public 7-12 • Assigned • 0.9mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Independence, IA • 50644

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.1 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$190,000 – $230,000

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Nearby similar homes

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New listings for sale in 50644

OPEN SUN, 1PM TO 2PM

$114,900

1 bed1.5 baths939 sq ft

204 6th Ave SE, Independence, IA 50644

Inviting living area • Updated flooring • Functional kitchen

NEW 20 HRS AGO3D WALKTHROUGH

$259,900

3 beds3.5 baths2,444 sq ft

213 SE 6th Ave, Independence, IA 50644

Laundry • Family room • Recreation room

$219,900

2 beds2 baths1,426 sq ft

118 Cardinal Ct, Independence, IA 50644

Zero-entry access • Double closets • Dual-entry access

3D & VIDEO TOUR

$1,499,900

4 beds3.5 baths6,569 sq ft

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Custom woodwork • Gourmet kitchen • Three season room

Home values near 501 5th Ave SW

Data from public records.

Address	Redfin Estimate
412 5th Street Southwest, Independence, IA 2 Beds \| 1 Baths \| 1095 Sq. Ft.	$154,056
603 5th Avenue Southwest, Independence, IA 3 Beds \| 1 Baths \| 1351 Sq. Ft.	$149,546

Address	Redfin Estimate
408 5th Street Southwest, Independence, IA 3 Beds \| 1.5 Baths \| 2265 Sq. Ft.	$182,001
509 5th Street Southwest, Independence, IA 3 Beds \| - Baths \| 1212 Sq. Ft.	$119,859

Address	Redfin Estimate
405 5th Avenue Southwest, Independence, IA 3 Beds \| 2.5 Baths \| 2248 Sq. Ft.	$207,741
505 5th Avenue Southwest, Independence, IA 4 Beds \| 1.5 Baths \| 1883 Sq. Ft.	$184,059

Property information provided by CRAAR, CDRMLS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 50644, IA

Sale history for 501 5th Ave SW

Tax history for 501 5th Ave SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 50644

Home values near 501 5th Ave SW

More real estate resources