$262,000
- 4 Beds
- 2 Baths
- 1,504 sqft
1506 Elder Ln, Des Moines, IA 50315
Currently Off Market - Sold Mar 31, 2020 for $168,000
Home Value
Trulia Estimate
$262KSince last month
Decreased$5K (-1.9%)Since last year
Decreased$3K (-1%)Since last sale
Increased$95K (+56.4%)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 +70% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $263K |
| August 2026 | $262K |
| July 2026 | $268K |
| June 2026 | $268K |
| May 2026 | $271K |
| April 2026 | $270K |
| March 2026 | $267K |
| February 2026 | $259K |
| January 2026 | $259K |
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 |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $172,550 | 12/09/25 | 4 | 3 | 2,121 | |
0.25 | Single-Family Home | $228,720 | 12/15/25 | 3 | 2 | 977 |
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 | $236,700 | 3 | 1 | 1,244 | Off Market | |
1.47 | $221,600 | 3 | 2 | 1,456 | Off Market | |
1.46 | $213,200 | 3 | 2 | 1,122 | Off Market | |
1.45 | $215,700 | 4 | 2 | 944 | Off Market | |
1.43 | $222,200 | 3 | 2 | 1,296 | Off Market | |
1.42 | $147,700 | 3 | 1 | 912 | Off Market | |
0.02 | $237,000 | 3 | 1 | 1,132 | Off Market | |
0.03 | $216,400 | 2 | 1 | 1,052 | Off Market | |
0.05 | $216,100 | 3 | 1 | 1,084 | Off Market | |
0.06 | $230,500 | 4 | 1 | 1,092 | Off Market | |
0.08 | $221,200 | 3 | 2 | 1,152 | Off Market | |
0.09 | $216,600 | 3 | 1 | 1,120 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1955
1,504 sqft
$174/sqft
About this House
Large, updated Wakonda area ranch with walkout basement, just a few blocks from the golf course. Main floor has master bedroom with half-bath, guest room, full hallway bath, living room, family room with fireplace, fully remodeled eat-in kitchen with main floor laundry, front porch and large screened rear porch. Walkout basement features two bedrooms, rec room, additional laundry hookups and storage. Back yard is large with mature trees and is fully fenced. Full down-to-the-studs kitchen remodel, furnace, central air, gutters, flooring, interior paint and light fixtures have been replaced in the past year. All appliances included. Come take a look today!
1506 Elder Ln, Des Moines, IA 50315 is a 4 bedroom, 2 bathroom, 1,504 sqft single-family home in Watrous South, built in 1955. It last sold for $168,000 on Mar 31, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $262,000, with a rent estimate of $1,841/month.
Home Details for 1506 Elder Ln
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Interior Details BasementNumber of Rooms: 5Types of Rooms: Dining Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood |
Appliances & Utilities Cable Ready |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltDeckExterior: WoodFoundation Type: ConcretePatio |
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Year Built Year Built: 1955Year Updated: 1964 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 10497 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 31, 2020 Source: DMMLS #593893 | Sold | $168,000 |
Feb 27, 2020 Source: Agent Provided | Pending | $169,900 |
Feb 10, 2020 Source: Agent Provided | PriceChange | $169,900 Price decreased by 3% |
Jan 14, 2020 Source: Agent Provided | PriceChange | $174,900 Price decreased by 3% |
Nov 7, 2019 Source: Agent Provided | PriceChange | $179,900 Price decreased by 3% |
Oct 26, 2019 Source: Agent Provided | Listed For Sale | $184,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,614 | $256,100 |
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 1506 Elder Ln
- What is 1506 Elder Ln estimated to be worth?Trulia's estimated value for 1506 Elder Ln in Des Moines, IA is $262,000.
- What is the price history for 1506 Elder Ln?1506 Elder Ln in Des Moines, IA last sold for $168,000 in March 2020.
- 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 1506 Elder Ln have air conditioning?Yes, 1506 Elder Ln in Des Moines, IA has air conditioning.
- How big is the lot at 1506 Elder Ln?The lot at 1506 Elder Ln in Des Moines, IA is about 0.24 acres (10,498 sq ft).

