1506 Elder Ln, Des Moines, IA 50315
Property image
Property image
OFF MARKET

$262,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,504 sqft

1506 Elder Ln, Des Moines, IA 50315

Watrous South
Currently Off Market - Sold Mar 31, 2020 for $168,000

Home Value

Trulia Estimate
$262K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 1506 Elder Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodFoundation Type: ConcretePatio

Property Information

Year Built
Year Built: 1955Year Updated: 1964
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 10497 sqft

Price and Tax history

DateEventPrice
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%

Market trends in Des Moines

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$214K
Sale-to-List Price
99.1%
0.1%
MoM
Price per sq ft
$192
$1
MoM
Available listings
1060
36
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Meek H.
    "Golf is pretty big at the Wakanda Club nearby, Greys Lake is also just a nice area but not too many big events happen here"
  • Sloffredo
    "I love the good people! Great places to eat. Nice, friendly people that treat you with respect. Great schools - Jefferson Elementary, Brody Middle School, Lincoln High School. Love it here!"

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).

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