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118 S Franklin Ave; Ames, IA Property Details

118 S Franklin Ave, Ames, IA is a Single Family that was built in 1946. This property is currently a cash purchase and is not for sale. Our records show that 118 S Franklin Ave has 2 bedrooms, and 1 bathroom, and a total of 853 square feet. The lot size of 118 S Franklin Ave is 8,405 square feet.

Off market
118 S Franklin Ave Ames, IA 50014
$116,000 Listing Price
2 Beds
1 Baths
853 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Purchase Price: $116,000
  • Open Loans / Balance: 1 / $107,006
  • Est. Equity / %: $65,994 / 38.15%
  • APN: 09-08-225-390
  • Situs County: Story
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 853/SqFt
  • Lot: 8,405/SqFt
  • Gross: 853/SqFt
  • Garage: 273/SqFt
  • Living: 853/SqFt
  • Building: 853/SqFt
  • Ground: 502/SqFt
  • Price Per Square Foot: $135.99

Legal Description

  • Description: WEST AMES ADD BLOCK:2 LOT:5 AMES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ames Community School District
  • Lat / Lon: 42.02209 / -93.66436
  • Subdivision: West Ames Add
  • Property Class: Residential
  • Zoning: RL
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7513
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $600
  • H O A Amount: $600
  • H O A One Frequency: Annual
  • H O A One Name: 3400 West Corporation
  • H O A One Type: Home Owner Association

Ownership Info

118 S Franklin Ave has no associated ownership info
118 S Franklin Ave has no associated ownership info.

Taxes

118 S Franklin Ave has 10 associated Taxes items

118 S Franklin Ave, Ames, IA pays taxes in Story County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $147,800. The APN we've located for 118 S Franklin Ave is 09-08-225-390.

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Taxes
  • Assessed Value:  $147,800
  • Assessed Year:  2025
  • Assessed County:  Story
  • APN:  09-08-225-390
  • Assessed Land Value:  42000
  • Market Land Value:  42000
  • Tax Amount:  2032
  • Tax Year:  2025
  • Market Value:  147800
  • Market Year:  2025

Tax History

118 S Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $147,800 Land Value $42,000 Improvement Value $105,800 Tax Amount $2,032 Change Rate +0.203791% Assessed CR Tax Rate +0.013748%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,688 Change Rate +0.021792% Assessed CR Tax Rate
Year 2023 Assessed Value $116,300 Land Value $25,300 Improvement Value $91,000 Tax Amount $1,652 Change Rate -0.028235% Assessed CR Tax Rate +0.014205%
Year 2022 Assessed Value $101,000 Land Value $25,300 Improvement Value $75,700 Tax Amount $1,700 Change Rate +0.172414% Assessed CR Tax Rate +0.016832%
Year 2021 Assessed Value $87,300 Land Value $21,800 Improvement Value $65,500 Tax Amount $1,450 Change Rate -0.041005% Assessed CR Tax Rate +0.016609%
Year 2020 Assessed Value $86,000 Land Value $21,500 Improvement Value $64,500 Tax Amount $1,512 Change Rate +0.01384% Assessed CR Tax Rate +0.017581%
Year 2019 Assessed Value $86,000 Land Value $21,500 Improvement Value $64,500 Tax Amount $1,491.36 Change Rate -0.034093% Assessed CR Tax Rate +0.017341%
Year 2018 Assessed Value $86,000 Land Value $21,500 Improvement Value $64,500 Tax Amount $1,544 Change Rate +0.027963% Assessed CR Tax Rate +0.017953%
Year 2017 Assessed Value $86,000 Land Value $21,500 Improvement Value $64,500 Tax Amount $1,502 Change Rate -0.055346% Assessed CR Tax Rate +0.017465%
Year 2016 Assessed Value $88,300 Land Value $33,800 Improvement Value $54,500 Tax Amount $1,590 Change Rate +0.023166% Assessed CR Tax Rate +0.018007%
Year 2015 Assessed Value $88,300 Land Value $33,800 Improvement Value $54,500 Tax Amount $1,554 Change Rate +0.057143% Assessed CR Tax Rate +0.017599%
Year 2014 Assessed Value $81,800 Land Value $31,300 Improvement Value $50,500 Tax Amount $1,470 Change Rate +0.062139% Assessed CR Tax Rate +0.017971%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,384 Change Rate Assessed CR Tax Rate