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516 SE 5th, Independence, IA 50644

For Sale

$28,500

0.29 acres

Estimated Payment

$ 147 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • 0.3 acres
    Lot size

Explore this Property

Look at this great lot! Spacious .29 acre lot (Lot 6) awaiting your New Home plans. Skogman Homes has many floor plans to choose from and can build the perfect custom home for you or you can Choose your builder.
MLS# 145357

Courtesy Of Skogman - Manchester

(563) 920-9194

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.29 Acres

Map and Directions

Directions to 516 SE 5th, Independence, IA 50644

Home seller CENTURY 21 Signature Real Estate

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $147
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $147

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

East Elementary School

Grades KG-2 Public School

Independence, IA 50644 1 miles
1103 1st st w

298 total students
13:1 Student teacher ratio

School Details

West Elementary School

Grades 3-6 Public School

Independence, IA 50644 1 miles
1301 1st st w

382 total students
13:1 Student teacher ratio

School Rating: B

School Details

Independence Junior Senior High School

Grades 7-12 Public School

Independence, IA 50644 1.4 miles
700 20th ave sw

690 total students
15:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
St Johns School 0.5 miles Private PK-8
Independence Christian Academy 1.3 miles Private 4-10

St Johns School

Distance: 0.5 miles

Type Private

Grades: PK-8

Independence Christian Academy

Distance: 1.3 miles

Type Private

Grades: 4-10

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Independence, IA 50644

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Independence, IA 50644

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
8° January
Coldest Average Month
4,216 Total Households in Area
1.2% Increase in population since the year 2010
33%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Independence, IA 50644

Independence, IA 50644 has a population of 9,842 people in 4,216 households with a median age of 41.2 years old.

1.2%
Increase in population
since the year 2010
Population is Trending up
4,040
Total households as of 2010
5.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.2 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 95%
Hispanic 2%
Other <1%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 95%, followed by Hispanic at 2%, Other at <1%, and Black at <1%.

Economics
for Independence, IA 50644

67 /sq mi
Population Density
$70,913 /yr
Median Household Income
$157,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 18.81% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 8%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 3,273 72%
Rented 943 21%
Vacant 344 8%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Independence, IA 50644

41.2 Median Age

Average Household Size

2.3
persons per
household

55.9%

Married Households

Community Population By Education

High School Graduate 32%
Some College 25%
Bachelors Degree 18%
Associates Degree 12%
Graduate Degree 7%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.68% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33% of households have children

Weather
for Independence, IA 50644

The weather for this area ranges from a high of 84° F in July to a low of 8° F in January

84° July
Hottest Average Month
8° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
8°
26°
Feb
13°
31°
Mar
24°
43°
Apr
36°
59°
May
48°
71°
Jun
57°
80°
Jul
61°
84°
Aug
59°
82°
Sep
50°
74°
Oct
39°
63°
Nov
26°
45°
Dec
14°
31°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Independence, IA 50644!
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Copyright © 2025 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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