1021 E 40th Ct, Des Moines, IA 50317 Property Records

Polk County property record for 1021 E 40th Ct, Des Moines, IA 50317

Property Summary

Property Type	Single Family Home
Details	4 bd · 1 ba · 984 sqft · built 1970
Lot Size	0.211 acres (9,200 sqft)
Owner	2 Individual Names on Record
Tax Bill	$3,228 (2024)
Deeds & Mortgages	Feb 2023 Mortgage Jul 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`050/03242-016-000`

Property Details

APN / Parcel Number

Primary APN	`050/03242-016-000`
Alternative APN	`782305104012`

Interior

Bedrooms	4 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	984 sqft Living Area
Gross Area	1,944 sqft
1st Floor Area	984 sqft
Basement Area	960 sqft

Exterior

Year Built	Built 1970
Effective Year Built	Effective 1970
Architectural Style	Ranch
Exterior Material	Metal
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	9,200 sqft (0.211 acres)
Lot Dimensions	115 ft deep x 80 ft wide
Garage Area	624 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	1021 E 40TH CT
City	DES MOINES
State	IA
Zip	50317-1621
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 16 TIMBERLINE TERRACE PLAT 1
Legal Subdivision	TIMBERLINE TERRACE PLAT 1
Legal Lot Number	16
Jurisdiction	POLK IA
Township / Civil Division	LEE
Census Block Group	3
Census Block	3006
Census Tract	5300

Owner

Source: Polk County records, as of October 13, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	1021 E 40TH CT, DES MOINES, IA 50317-1621
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 28, 2023	Intrafamily Transfer, Transfer · FHA Mortgage FREEDOM MORTGAGE CORP
Jul 5, 2018	Deed of Trust, Mortgage UNIVERSITY OF IOWA COMMUNITY CU

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 28, 2023
Deed Sale	Feb 28, 2023
Prior Sale	Feb 7, 2014 · Amount on Record
Deed Document Number	20238955
Deed Book / Page	19404 / 922
Prior Transfer Date	Feb 22, 2022
Prior Transfer Doc	0000008955
Record Updated	Sep 20, 2026

February 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	POLK IA
Recording Date	Feb 28, 2023
Property Address	1021 E 40TH CT, DES MOINES, IA 50317-1621
Document Number	0000008955
Book / Page	19404 / 922
Instrument Date	Feb 22, 2023
Instrument	2023-00008955
Transaction Type	Transfer
Record Updated	Mar 10, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	1021 E 40TH CT, DES MOINES, IA 50317-1621

Mortgage

Document Number	0000008956
Date	Feb 28, 2023
Instrument	2023-00008956

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	241 Months
Due	Mar 1, 2043

July 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Property Address	1021 E 40TH CT, DES MOINES, IA 50317-1621
Transaction Type	Mortgage
Record Updated	Aug 9, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000001145
Date	Jul 5, 2018
Book Page	16988/0500
Instrument	2018-00001145

Lender

Name	UNIVERSITY OF IOWA COMMUNITY CU
Type	Credit Union
Address	NORTH LIBERTY, IA 52317

Agreement

Amount	Amount Recorded
Term	58 Months
Due	May 15, 2023

Tax Assessment & Valuation

Source: Polk County assessment roll, as of October 13, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Polk County
Municipality	Des Moines City
Unified School District	Des Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$200,100 (+14.6%) Land $35,000 Building $165,100	$200,100 (+14.6%) Land $35,000 Building $165,100
2024	$3,228.00 (-4.67%)
2023		$174,600 Land $30,100 Building $144,500	$174,600 Land $30,100 Building $144,500
2020	$3,386.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (1993)
Most Recent Claim	Jul 1993 · Severe Storms & Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 71% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	DES MOINES WATER WORKS serves 246,055 people · EPA ID IA7727031
Water Source	Purchased surface water from CIWW (DMWW)
Last State Inspection	May 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · May 2017
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 186 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Google Fiber Fiber	8,000 / 8,000
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	2,000 / 1,000

May also be available: Verizon.

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