1503 Elder Ln
Des Moines, IA 50315
Watrous South- 4 Beds
- 2 Baths
- 960 sqft (on 63 acres)
$567,700
as of Jul 8, 2026
$567,700
as of Jul 8, 2026
4 Beds
2 Baths
960 sqft
(on 63 acres)
Local Information
-- mins to
Description
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. It is currently off market. The Trulia Estimate is $567,700, with a rent estimate of $1,545/month.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
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 History for 1503 Elder Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 02/01/2016 | $133,500 | Sold | DMMLS #504247 |
| 09/25/2015 | $135,000 | Listed For Sale | Agent Provided |
| 02/13/2015 | $61,250 | Sold | DMMLS #447192 |
| 01/13/2015 | $59,900 | Listed For Sale | Agent Provided |
| 11/14/2014 | $97,934 | Sold | N/A |
| 06/01/2006 | $124,500 | Sold | N/A |
| 01/24/2003 | $110,500 | Sold | N/A |
| 02/12/1999 | $93,500 | Sold | N/A |
Market trends in Des Moines
Last updated May 2026
Avg. sale price
$206K
$5.33KMoM
Sale-to-List Price
98.6%
0.4%MoM
Price per sq ft
$187
$3MoM
Available listings
1004
12MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,346 |
| Assessment | $197,600 |
Home facts updated by county records
Comparable Sales for 1503 Elder Ln
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 homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1503 Elder Ln.
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.
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