1048 Terrace Ct, Van Meter, IA 50261 Property Records

Madison County property record for 1048 Terrace Ct, Van Meter, IA 50261

Property Summary

Property TypeSingle Family Home
Details2 bd · 2 ba · 1,929 sqft · built 2002
Lot Size5.52 acres (240,451 sqft)
Owner2 Individual Names on File
Tax Bill$7,380 (2025)
Deeds & MortgagesSep 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN040010500010000

Property Details

APN / Parcel Number

Primary APN040010500010000

Interior

Bedrooms2 Beds
Full Baths2 Baths
Total Rooms6 Rooms
Stories1 Story
Building Area1,929 sqft Living Area
Basement Area1,929 sqft
Finished Basement950 sqft
Unfinished Basement979 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2002
Effective Year BuiltEffective 2002
Exterior MaterialVinyl
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area240,451 sqft (5.52 acres)
Garage TypeMixed
Garage Area2,376 sqft
Parking Spaces8 Parking Spaces

Exterior Amenities

PorchSlab
Porch Area170 sqft
Patio Area625 sqft
Poultry House737 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address1048 TERRACE CT
CityVAN METER
StateIA
Zip50261-8025
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 1 5.52A BLUEBIRD ESTATES SEC 5 & 6
Legal Range26W
Legal Township77N
Legal Section06
Legal SubdivisionBLUEBIRD ESTATES
Legal Lot Number1
JurisdictionMADISON IA
Township / Civil DivisionLEE
Census Block Group2
Census Block2009
Census Tract60101

Owner

1048 Terrace Ct is owned and occupied by two individuals.

Source: Madison County records, as of May 27, 2026

Owner of Record2 Individual Names on File
Mailing Address1048 TERRACE CT, VAN METER, IA 50261-8025
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedSep 20, 2026

September 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IA
Property Address1048 TERRACE CT, VAN METER, IA 50261-8025
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2017/2975
DateSep 20, 2017
Book Page2017/2975
Instrument2017 2975
Lender
NameDEERE EMPLOYEES CU
TypeCredit Union
AddressMOLINE, IL 61266
Agreement
TypeARM
AmountAmount on Record
Term361 Months
DueOct 1, 2047
Interest
Rate TypeAdjustable Rate
Rate3.12%
AdjustableAdjustable Rate Rider
Type Change DateOct 1, 2022
Change FrequencyAnnually
Min Rate At Change3.12%
Max Rate At Change5.12%
Index1-Year CMT
Max Rate8.12%

Tax Assessment & Valuation

The 2025 property tax bill for 1048 Terrace Ct was $7,380 with a homeowner's exemption.

Source: Madison County assessment roll, as of October 20, 2025

Property Jurisdictions

TypeName
StateIowa
CountyMadison County
Unified School DistrictVan Meter Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$7,380.00 Homeowner's exemption$591,800 Land $129,900 Building $461,900$591,800 Land $129,900 Building $461,900
2024$7,380.00
2023$554,100 Land $129,900 Building $424,200$554,100 Land $129,900 Building $424,200
2022$7,378.00

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

Flood

FEMA maps place 1048 Terrace Ct in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 21, 2017

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 1048 Terrace Ct is low, with a 0.04% annual chance of wildfire.

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

Wildfire RiskLow
lower than 62% of the US · above 69% of Iowa
Wildfire Likelihood0.04% annual chance
ExposureDirect
burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 19 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
CenturyLink
Fiber
1,000 / 1,000
Starlink
Satellite
280 / 30

May also be available: Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Terrace Ct

Nearby Streets

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