Polk County property record for 108 3rd St, Des Moines, IA 50309
| Property Type | Commercial Office |
|---|---|
| Details | 2 bd · 1 ba · 44,720 sqft · built 1901 |
| Lot Size | 0.262 acres (11,425 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,650,000 (Dec 2021) |
| Tax Bill | $46,354 (2024) |
| Deeds & Mortgages | Apr 2026 Construction Loan Apr 2022 Line of Credit + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 020/01320-000-000 |
| Primary APN | 020/01320-000-000 |
|---|---|
| Alternative APN |
|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Bath |
| Total Rooms | 4 Rooms |
| Units | 17 Units |
| Stories | 3 Stories |
| Building Area | 44,720 sqft Gross Area |
| 1st Floor Area | 11,180 sqft |
| Basement Area | 11,180 sqft |
| Overhead Door | Overhead Door |
| Elevator | Elevator |
| Year Built | Built 1901 |
|---|---|
| Effective Year Built | Effective 1985 |
| Exterior Material | Brick |
| Construction Type | Frame |
| Fire Resistance | Wood or Wood & Steel Frame |
| Roof Type | Flat |
| Roof Material | Built-Up Asphalt |
| Lot Area | 11,425 sqft (0.262 acres) |
| Lot Dimensions | 172 ft deep x 66 ft wide |
| Cooling System | HVAC |
|---|---|
| Heating System | Central |
| Sewer | Connected |
| Water Source | Commercial |
| Street Address | 108 3RD ST |
|---|---|
| City | DES MOINES |
| State | IA |
| Zip | 50309-4708 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Local Zoning Code | C-3R |
| Legal Description | INTERV VAC ALLEY & -EX W 109.1F ON N LN & W 109.05F ON S LN- LT 5 & ALL LT 8 BLK 25 FORT DES MOINES |
| Legal Subdivision | FORT DES MOINES |
| Legal Block | 25 |
| Legal Lot Number | 5,8 |
| Jurisdiction | POLK IA |
| Township / Civil Division | DES MOINES |
| Census Block Group | 4 |
| Census Block | 4041 |
| Census Tract | 5101 |
108 3rd St, a commercial property, is owned by a company that bought it in December 2021.
Source: Polk County records, as of May 4, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 2775 86TH ST, URBANDALE, IA 50322-4336 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Apr 10, 2026 | Deed of Trust, Mortgage · Construction Mortgage CENTRAL STATE BANK |
| Apr 15, 2022 | Deed of Trust, Mortgage · Line of Credit LINCOLN SAVINGS BANK |
| Dec 22, 2021 | Warranty Deed, Transfer · Line of Credit LINCOLN SAVINGS BANK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Dec 22, 2021 · Amount on File |
| Deed Sale | Dec 22, 2021 · Amount on File |
| Prior Sale | Jan 28, 2010 · Amount on File |
| Deed Document Number | 2021133435 |
| Deed Book / Page | 18921 / 696 |
| Prior Transfer Date | May 19, 1997 |
| Prior Transfer Doc | 0000084716 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | POLK IA |
| Recording Date | Apr 10, 2026 |
| Property Address | 108 3RD ST, DES MOINES, IA 50309-4708 |
| Document Number | 0000019975 |
| Book / Page | 20479 / 345 |
| Instrument Date | Apr 8, 2026 |
| Instrument | 202619975 |
| Transaction Type | Mortgage |
| Record Updated | Jul 12, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Relationship | Limited Liability Partnership, 266 |
| Address | 10888 HICKMAN RD, 3B, CLIVE, IA 50325-3715 |
| Document Number | 0000019975, |
|---|---|
| Date | Apr 10, 2026 |
| Book Page | 20479/345 |
| Instrument | 202619975 |
| Name | CENTRAL STATE BANK |
|---|
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Apr 8, 2056 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 6.11% |
| Initial Type | Adjustable Rate |
| Adjustable | Adjustable Rate Rider |
| Max Rate | -1% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | POLK IA |
| Property Address | 108 3RD ST, DES MOINES, IA 50309-4708 |
| Transaction Type | Mortgage |
| Record Updated | Oct 16, 2025 |
| Name | Verified Name |
|---|
| Document Number | 0000030077 |
|---|---|
| Date | Apr 15, 2022 |
| Book Page | 19068/307 |
| Instrument | 2022-00030077 |
| Name | LINCOLN SAVINGS BANK |
|---|---|
| Type | Bank |
| Address | DES MOINES, IA 50309 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Apr 11, 2042 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | POLK IA |
| Recording Date | Dec 22, 2021 |
| Property Address | 108 3RD ST, DES MOINES, IA 50309-4708 |
| Document Number | 0000133435 |
| Book / Page | 18921 / 696 |
| Instrument Date | Dec 17, 2021 |
| Instrument | 2021-00133435 |
| Transaction Type | Transfer |
| Record Updated | Oct 16, 2025 |
| Amount | Amount on Record |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $4,239.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 10888 HICKMAN RD, CLIVE, IA 50325-3715 |
| Document Number | 0000133437 |
|---|---|
| Date | Dec 22, 2021 |
| Instrument | 2021-00133437 |
| Name | LINCOLN SAVINGS BANK |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Dec 21, 2041 |
Source: Polk County assessment roll, as of October 13, 2025
| Type | Name |
|---|---|
| State | Iowa |
| County | Polk County |
| Municipality | Des Moines City |
| Unified School District | Des Moines Independent Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,250,000 Land $314,000 Building $936,000 | $1,250,000 Land $314,000 Building $936,000 | |
| 2024 | $46,354.00 | ||
| 2023 | $1,250,000 Land $314,000 Building $936,000 | $1,250,000 Land $314,000 Building $936,000 | |
| 2020 | $48,962.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 108 3rd St in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 2004.
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 |
| Flood Insurance Cost | Premium on File median of 16 individual policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 110 units insured incl. 94 condo units |
| Nearby Flood Claims | 4 (2004–2018) |
| Claims Outside the SFHA | 4 of 4 |
| Most Recent Claim | Jun 2018 · Severe Storms, Tornadoes, Straight-line Winds, And Flooding |
| Claims by Event |
|
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.
The area around 108 3rd St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 67 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Mediacom Xtream Cable · Fiber in parts of the area | 2,000 / 1,000 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, ICS Advanced Technologies, Metronet, T-Mobile, Verizon, Vero Fiber.
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