502 Balsam DriveGilbert, IA 50105

Condo/Townhouse · 3 Beds · 1 Full Bath · 1 Half Bath · 1 Three Quarter Bath · 1,712 Sq. ft. | 0.16 Acres
$339,500 Active

502 Balsam Drive Overview

Time on Site:
10 days
Visits:
2

Welcome home to this beautiful end unit townhome in Gilbert, Iowa. This home offers over 1,700 square feet of finished living space and the perfect blend of comfort, style, and convenience. Built just three years ago by HCS, this move in ready home features an open concept with ample space. The main level offers a spacious living room, modern kitchen, informal dining area, and convenient half bath ideal for both everyday living and entertaining. The upper level offers three generously sized bedrooms, including a spacious primary suite complete with a walk-in closet and private 3/4 bath. You'll also appreciate the additional full bathroom and convenient second floor laundry. A two car attached garage provides ample storage and protection from the elements. Located in the highly desirable Gilbert community, this home offers small town charm while being just minutes from Ames, shopping, dining, and Iowa State University. Don't miss this great opportunity!

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502 Balsam Drive Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,712
  • Price/Sq.ft. $198
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Gilbert

Building Information

  • Builder Name: HCS
  • Year Built: 2023

Location/Region

  • County Or Parish: Story
  • MLS Area Major: 0010 - Gilbert
  • MLS Area Minor: 0010 - Gilbert

Tax Information

  • Tax Assessed Value: 324510

General Information

  • Parcel Number: 05-09-430-115
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Special Listing Conditions: Standard
  • Zoning: Residential

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 727.0
  • Building Area Total: 1712.0

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Basement: None
  • Flooring: Luxury Vinyl,Carpet
  • Foundation Details: Slab
  • Interior Features: Ceiling Fan(s)
  • Rooms Total: 10

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 7021.0
  • Lot Size Square Feet: 7021.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Hard Surface
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding,Stone
  • Patio And Porch Features: Patio

General Information

  • Sewer: Public Sewer

Room Information

Room: Half Bathroom

  • Level: Main

Room: Informal Dining

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Living Room

  • Level: Main

Room: Bedroom 2

  • Level: Upper

Room: Bedroom 3

  • Level: Upper

Room: Full Bathroom

  • Level: Upper

Room: Laundry

  • Level: Upper

Room: Primary Bathroom

  • Level: Upper

Room: Primary Bedroom

  • Level: Upper

502 Balsam Drive Neighborhood

Community

50105 (Gilbert) Demographics

35
Median Age
137
Population Density (per sq. mile)
58%
College Educated
$90,781
Estimated Median Income
314
Estimated Total Home Owners
85
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

502 Balsam Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

502 Balsam Drive Market Data

Based on the last 30 days in this zip code

$504,836
Average List Price
$314
Average Price per Square Foot
6
Properties Sold
72
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

502 Balsam Drive History

Date Event Value Agent
6/19/2026Source: Central Iowa MLS Added to Database
June 19, 2026
3/20/2025Source: Central Iowa MLS Added to Database
March 20, 2025
Listing provided courtesy of Hunziker & Assoc.-Ames- MLS# 70521MLS ProviderContact Information: 515-231-4810