115 E Grade St, Winterset, IA 50273 Property Records

Madison County property record for 115 E Grade St, Winterset, IA 50273

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 1,266 sqft · built 1977
Lot Size	0.161 acres (6,996 sqft)
Owner	Individual Name on Record
Last Sale	$152,000 (Apr 2020)
Tax Bill	$3,582 (2025)
Deeds & Mortgages	Jul 2018 Line of Credit Apr 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`820001012040000`

Property Details

APN / Parcel Number

Primary APN	`820001012040000`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Building Area	1,266 sqft Living Area
Basement Area	1,266 sqft
Finished Basement	594 sqft
Unfinished Basement	672 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1977
Effective Year Built	Effective 1977
Architectural Style	Split Level
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	6,996 sqft (0.161 acres)
Lot Dimensions	106 ft deep x 66 ft wide

Exterior Amenities

Porch	Slab
Porch Area	36 sqft
Deck Area	100 sqft
Patio Area	360 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Water Source	Commercial

Location & Zoning

Street Address	115 E GRADE ST
City	WINTERSET
State	IA
Zip	50273-2036
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 7 BLOCK 12 JONES ADDITION
Legal Subdivision	T D JONES ADDITION
Legal Block	12
Legal Lot Number	7
Jurisdiction	MADISON IA
Township / Civil Division	WINTERSET
Census Block Group	3
Census Block	3063
Census Tract	60200

Owner

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

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

Owner of Record	Individual Name on Record
Mailing Address	115 E GRADE ST, WINTERSET, IA 50273-2036
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jul 16, 2018	Deed of Trust, Mortgage · Line of Credit FARMERS & MERCHANTS BANK
Apr 28, 2020	Deed of Trust, Mortgage · Conventional Mortgage GERSHMAN INVESTMENT CORP
Apr 28, 2020	Warranty Deed, Transfer · Conventional Mortgage GERSHMAN INVESTMENT CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 28, 2020 · Amount on Record
Deed Sale	Apr 28, 2020 · Amount on Record
Prior Sale	Jun 16, 2014 · Amount on Record
Deed Document Number	20201409
Deed Book / Page	2020 / 1409
Record Updated	Sep 20, 2026

July 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON IA
Property Address	115 E GRADE ST, WINTERSET, IA 50273-2036
Transaction Type	Mortgage
Record Updated	Jun 1, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000002018/0000002270
Date	Jul 16, 2018
Book Page	0000002018/0000002270
Instrument	000000002270

Lender

Name	FARMERS & MERCHANTS BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	354 Months
Due	Jan 1, 2048

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON IA
Property Address	115 E GRADE ST, WINTERSET, IA 50273-2036
Transaction Type	Mortgage
Record Updated	Feb 7, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2020/1410
Date	Apr 28, 2020
Book Page	2020/1410
Instrument	2020 1410

Lender

Name	GERSHMAN INVESTMENT CORP
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2050

Interest

Rate Type	Fixed Rate

April 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON IA
Recording Date	Apr 28, 2020
Property Address	115 E GRADE ST, WINTERSET, IA 50273-2036
Document Number	02020/1409
Book / Page	2020 / 1409
Instrument Date	Apr 24, 2020
Instrument	2020 1409
Transaction Type	Transfer
Record Updated	Jun 1, 2023

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$242.40
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	115 E GRADE ST, WINTERSET, IA 50273-2036
Investor	Possibly a Property Investor

Mortgage

Document Number	02020/1410
Date	Apr 28, 2020
Book Page	2020/1410
Instrument	2020 1410

Lender

Name	GERSHMAN INVESTMENT CORP
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2050

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Iowa
County	Madison County
Municipality	Winterset City
Unified School District	Winterset Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,582.00	$194,200 (+6.18%) Land $21,900 Building $172,300	$194,200 (+6.18%) Land $21,900 Building $172,300
2024	$3,582.00 (+9.61%)
2023		$182,900 Land $10,100 Building $172,800	$182,900 Land $10,100 Building $172,800
2022	$3,268.00

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 June 21, 2017

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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 98% of the US · lower than 82% of Iowa
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond 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 System	WINTERSET MUNICIPAL WATERWORKS serves 5,428 people · EPA ID IA6171029
Water Source	Surface water
Last State Inspection	Jul 2025
Lead	1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · Oct 2018
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 409 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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