111 N Main St, Rake, IA 50465 Property Records

Winnebago County property record for 111 N Main St, Rake, IA 50465

Property Summary

Property TypeRestaurant
Details3,075 sqft · built 1950
Lot Size0.242 acres (10,560 sqft)
OwnerIndividual Name on File
Last Sale$39,500 (Dec 2025)
Tax Bill$1,040 (2025)
Deeds & MortgagesDec 2025 Mortgage
Nov 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN0116207013

Property Details

APN / Parcel Number

Primary APN0116207013

Interior

Stories1 Story
Building Area3,075 sqft Gross Area
1st Floor Area2,208 sqft

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Lot Area10,560 sqft (0.242 acres)
Lot Dimensions132 ft deep x 80 ft wide
PorchPorch
Porch Area340 sqft
Patio Area340 sqft

Utilities, Heating & Cooling

Water SourceCommercial

Location & Zoning

Street Address111 N MAIN ST
CityRAKE
StateIA
Zip50465-7709
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal Description16 100 26 LOTS 14 & 15 & 16 BLK 4 AND S 5' OF LOT 17
Legal SubdivisionRAKE (ORIGINAL TOWN)
Legal Block4
Legal Lot Number14-17
JurisdictionWINNEBAGO IA
Township / Civil DivisionLINCOLN
Census Block Group3
Census Block3028
Census Tract680200

Owner

111 N Main St, a commercial property, is owned by an individual who bought it in December 2025.

Source: Winnebago County records, as of October 20, 2026

Owner of RecordIndividual Name on File
Mailing Address214 3RD ST NW, BUFFALO CENTER, IA 50424-1050
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

DateDocument
Dec 4, 2025Deed of Trust, Mortgage · Stand-Alone First Mortgage
FARMERS TRUST & SAVINGS BANK
Nov 1, 2021Deed of Trust, Mortgage · Commercial Mortgage
FARMERS TRUST & SAVINGS BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 4, 2025 · Amount on File
Deed SaleDec 4, 2025 · Amount on File
Prior SaleNov 2, 2021 · Amount on File
Deed Document Number20251670
Prior Transfer DateOct 8, 2021
Prior Transfer Doc0000001956
Record UpdatedOct 29, 2026

December 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address111 N MAIN ST, RAKE, IA 50465-7709
Transaction TypeMortgage
Record UpdatedJan 16, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020251672
DateDec 4, 2025
Instrument2025-1672
Lender
NameFARMERS TRUST & SAVINGS BANK
TypeBank
AddressBUFFALO CENTER, IA 50424
Agreement
TypeStand-Alone First Mortgage
AmountAmount on Record
Term240 Months
DueDec 1, 2045

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address111 N MAIN ST, RAKE, IA 50465-7709
Transaction TypeMortgage
Record UpdatedFeb 9, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020211957
DateNov 1, 2021
Instrument2021-1957
Lender
NameFARMERS TRUST & SAVINGS BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term240 Months
DueNov 10, 2041
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 111 N Main St was $1,040, up 5.7% from the year before.

Source: Winnebago County assessment roll, as of October 6, 2025

Property Jurisdictions

TypeName
StateIowa
CountyWinnebago County
MunicipalityRake City
Unified School DistrictNorth Iowa Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$75,290 (-) Land $4,000 Building $71,290$75,290 (-) Land $4,000 Building $71,290
2025$1,040.00 (+5.69%)$75,290 Land $4,000 Building $71,290$75,290 Land $4,000 Building $71,290
2024$984.00
2023$62,270 (+24.81%) Land $4,000 Building $58,270$62,270 Land $4,000 Building $58,270
2022$931.00$49,890 Land $4,200 Building $45,690
2021$49,890 Land $4,200 Building $45,690

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

Flood

FEMA maps place 111 N Main St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 14, 2022

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

The area around 111 N Main 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 RiskNot rated
no burnable land within ember reach

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 SystemRAKE WATER SUPPLY
serves 186 people · EPA ID IA9575068
Water SourceGroundwater
Last State InspectionJan 2025
Lead1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 95 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Winnebago Cooperative Telecom Association
Fiber
1,000 / 1,000
GigFire
Fixed Wireless
150 / 130
T-Mobile
Fixed Wireless
100 / 20

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