$573,300
- 4 Beds
- 2 Baths
- 960 sqft (on 63 acres)
1503 Elder Ln, Des Moines, IA 50315
Currently Off Market - Sold Feb 1, 2016 for $133,500
Home Value
Trulia Estimate
$573KSince last month
Increased$70K (+12.8%)Since last year
Increased$174K (+39.4%)Since last sale
Increased$484K (+362.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +384% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $617K |
| August 2026 | $606K |
| July 2026 | $547K |
| June 2026 | $589K |
| May 2026 | $583K |
| April 2026 | $573K |
| March 2026 | $625K |
| February 2026 | $589K |
| January 2026 | $654K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $228,720 | 12/15/25 | 3 | 2 | 977 | |
0.15 | Single-Family Home | $172,550 | 12/09/25 | 4 | 3 | 2,121 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $206,500 | 3 | 1 | 960 | Off Market | |
0.02 | $270,700 | 3 | 2 | 1,641 | Off Market | |
0.04 | $206,900 | 3 | 1 | 1,035 | Off Market | |
0.06 | $216,600 | 3 | 1 | 1,120 | Off Market | |
0.07 | $221,200 | 3 | 2 | 1,152 | Off Market | |
0.05 | $230,500 | 4 | 1 | 1,092 | Off Market | |
3.07 | $299,600 | 3 | 1 | 1,464 | Off Market | |
0.67 | $288,400 | 4 | 2 | 1,500 | Off Market | |
0.65 | $299,300 | 3 | 3 | 1,447 | Off Market | |
0.64 | $297,800 | 4 | 3 | 1,086 | Off Market | |
0.63 | $271,300 | 3 | 2 | 1,304 | Off Market | |
0.65 | $280,600 | 3 | 2 | 1,292 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1955
63 acre lot
960 sqft
$597/sqft
Garage
About this House
Totally remodeled ranch home that features: four bedrooms, brand new kitchen with all stainless steel appliances, beautifully refinished hardwood floors, new tile, roof, and windows, finished lower level with additional family room and plenty of storage, attached garage, huge back patio, and fenced in backyard.
1503 Elder Ln, Des Moines, IA 50315 is a 4 bedroom, 2 bathroom, 960 sqft single-family home in Watrous South, built in 1955. It last sold for $133,500 on Feb 1, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $573,300, with a rent estimate of $1,627/month.
Home Details for 1503 Elder Ln
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Interior Details BasementNumber of Rooms: 5 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DishwasherMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltExterior: WoodFoundation Type: ConcretePatio |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 63.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 1, 2016 Source: DMMLS #504247 | Sold | $133,500 |
Sep 25, 2015 Source: Agent Provided | Listed For Sale | $135,000 |
Feb 13, 2015 Source: DMMLS #447192 | Sold | $61,250 |
Jan 13, 2015 Source: Agent Provided | Listed For Sale | $59,900 |
Nov 14, 2014 Source: N/A | Sold | $97,934 |
Jun 1, 2006 Source: N/A | Sold | $124,500 |
Jan 24, 2003 Source: N/A | Sold | $110,500 |
Feb 12, 1999 Source: N/A | Sold | $93,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,346 | $197,600 |
Home facts updated by county records
Market trends in Des Moines
Last updated August 2026
Avg. sale price
$214K
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$192
$1MoM
Available listings
1060
36MoM
Around this home
What Locals Say about Watrous South
At least 23 Trulia users voted on each feature.
87 % Say yards are well-kept
84 % Say parking is easy
76 % Say people would walk alone at night
70 % Say streets are well-lit
68 % Say car is needed
67 % Say it's dog friendly
61 % Say it's walkable to restaurants
60 % Say there's holiday spirit
59 % Say it's walkable to grocery stores
58 % Say kids play outside
58 % Say it's quiet
50 % Say there are sidewalks
45 % Say they plan to stay for at least 5 years
45 % Say neighbors are friendly
42 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1503 Elder Ln
- What is 1503 Elder Ln estimated to be worth?Trulia's estimated value for 1503 Elder Ln in Des Moines, IA is $573,300.
- What is the price history for 1503 Elder Ln?1503 Elder Ln in Des Moines, IA last sold for $133,500 in February 2016.
- Is Des Moines a buyer's or seller's market?Des Moines is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Des Moines?The median sale price in Des Moines is $214K. That is roughly unchanged from the prior month.
- Does 1503 Elder Ln have air conditioning?Yes, 1503 Elder Ln in Des Moines, IA has air conditioning.
- How big is the lot at 1503 Elder Ln?The lot at 1503 Elder Ln in Des Moines, IA is about 0.19 acres (8,233 sq ft).

