8987 SE 48th Ave, Runnells, IA 50237
Property image
Property image
OFF MARKET

$1,234,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,532 sqft (on 24.93 acres)

8987 SE 48th Ave, Runnells, IA 50237

Est. Refi. Payment $8,056/mo*
Refinance Your Home
Currently Off Market - Sold Jun 15, 2015 for $325,000

Home Value

Trulia Estimate
$1.24M
Since last month
Increased$49K (+4.1%)
Since last year
$500 (0%)
Since last sale
Increased$916K (+282%)
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 +263% in the last 10 years
MonthEstimated value
2026
August 2026$1.24M
August 2026$1.23M
July 2026$1.19M
June 2026$1.2M
May 2026$1.14M
April 2026$1.15M
March 2026$1.1M
February 2026$1.13M
January 2026$1.09M
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
1.28
Single-Family Home
$605,000
10/02/25
5
3
3,087
1.87
Single-Family Home
$150,000
10/03/25
2
1
728

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
0.10
$521,000
2
2
1,568
Off Market
0.14
$484,100
4
2
1,338
Off Market
0.13
$482,400
2
2
2,177
Off Market
0.22
$685,700
4
3
1,848
Off Market
0.33
$366,700
3
2
1,356
Off Market
0.34
$413,700
3
1
1,376
Off Market
0.42
$212,900
2
2
1,076
Off Market
0.62
$683,900
3
3
2,603
Off Market
0.85
$941,300
3
2
1,552
Off Market
0.50
$346,900
4
2
1,180
Off Market
0.45
$233,600
3
2
1,300
Off Market

Local Information

  • Map ViewExplore the area around 8987 SE 48th Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1919
24.93 acre lot
1,532 sqft
$806/sqft
Garage

About this House

Incredible acreage minutes from I-65 bypass on hard surface road, just off Vandalia Rd. 25 ac m/l with pond, timber, pasture, 5 ac hay. Existing home is charming with some remodeling, new solid core doors, wood burning frpl, large open eat-in kitchen w/stainless appliances, formal dining/office area, pass thru from master bedroom to walk-in closet and connected to remodeled bathroom. Windows previously replaced, potential in the basement for more bedrooms as already prepared for egress installation, foundation has been redone. Several out buildings, 3 car det. garage, 48X35 utility shed and lean-to. The view is breath-taking, overlooking the river bottom from far above. Bring your animals or watch the wildlife. Runnells address, but much further west towards Pleasant Hill. The property can be sub-divided, Rural Residential District. Rural water.
8987 SE 48th Ave, Runnells, IA 50237 is a 2 bedroom, 1 bathroom, 1,532 sqft single-family home built in 1919. It last sold for $325,000 on Jun 15, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,234,800, with a rent estimate of $1,742/month.

Home Details for 8987 SE 48th Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7Types of Rooms: Dining Room, Pantry
Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: VinylFoundation Type: ConcretePatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1919Year Updated: 1935
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 24.93 acres

Price and Tax history

DateEventPrice
Jun 15, 2015
Source: DMMLS #451317
Sold
$325,000
Apr 1, 2015
Source: Agent Provided
Listed For Sale
$325,000

Market trends in Runnells

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
5
MoM

What Locals Say about Runnells

At least 5 Trulia users voted on each feature.
  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 100 % Say it's quiet

  • 89 % Say kids play outside

  • 88 % Say yards are well-kept

  • 88 % Say it's dog friendly

  • 80 % Say car is needed

  • 76 % Say neighbors are friendly

  • 67 % Say there are community events

  • 60 % Say there's holiday spirit

  • 57 % Say there are sidewalks

  • 57 % Say they plan to stay for at least 5 years

  • 56 % Say there's wildlife

  • 43 % Say streets are well-lit

  • 13 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We have movie nights and city parties. Lots of parades and many fundraisers to help with city park projects "
  • Trulia User
    "I’ve lived here for 19 years and it is a great community that comes together when needed. Everyone is friendly, welcoming and supportive."
  • Trulia User
    "Great community for young families and an amazing grade school. Has a store in town for convenience, a gas station and two Bar and Grills for food options. Close to other small towns for travel and close to major towns for convenience as well."
  • Jacobsjake3
    "Great community Always a helping hand when needled Quiet, friendly people. Country living at its best"
  • Jacobsjake3
    "Great neighborhood. Neighbors always willing to help each other. Never had an issue with theft or any suspicious activity. Wouldn’t change a thing about anyone I live by. "

LGBTQ Local Legal Protections

Frequently asked questions about 8987 SE 48th Ave

  • What is 8987 SE 48th Ave estimated to be worth?
    Trulia's estimated value for 8987 SE 48th Ave in Runnells, IA is $1,234,800.
  • What is the price history for 8987 SE 48th Ave?
    8987 SE 48th Ave in Runnells, IA last sold for $325,000 in June 2015.
  • Is Runnells a buyer's or seller's market?
    Runnells is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Runnells?
    Residents describe Runnells, IA as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Runnells, IA.
  • Does 8987 SE 48th Ave have a pool?
    Yes, 8987 SE 48th Ave in Runnells, IA has a pool.
  • Does 8987 SE 48th Ave have laundry facilities?
    Yes, 8987 SE 48th Ave in Runnells, IA has in-unit laundry.

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