116 E Grade St, Winterset, IA 50273 Property Records

Madison County property record for 116 E Grade St, Winterset, IA 50273

Property Summary

Property Type	Single Family Home
Details	1 bd · 1 ba · 832 sqft · built 1977
Lot Size	0.161 acres (6,996 sqft)
Owner	Individual Name on Record
Last Sale	$70,625,500 (May 2023)
Tax Bill	$2,000 (2025)
Deeds & Mortgages	May 2023 Mortgage May 2022 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`820001017020000`

Property Details

APN / Parcel Number

Primary APN	`820001017020000`

Interior

Bedrooms	1 Bed
Full Baths	1 Bath
Total Rooms	3 Rooms
Stories	1 Story
Building Area	832 sqft Living Area
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1977
Effective Year Built	Effective 1977
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
Garage Type	Attached
Garage Area	288 sqft
Parking Spaces	1 Parking Space
Deck Area	120 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Water Source	Commercial

Location & Zoning

Street Address	116 E GRADE ST
City	WINTERSET
State	IA
Zip	50273-2037
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 2 BLOCK 17 JONES ADDITION
Legal Subdivision	JONES ADD
Legal Block	17
Legal Lot Number	2
Jurisdiction	MADISON IA
Township / Civil Division	WINTERSET
Census Block Group	3
Census Block	3064
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	116 E GRADE ST, WINTERSET, IA 50273-2037
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 4, 2023	Deed of Trust, Mortgage · Conventional Mortgage MORTGAGE RESEARCH CENTER LLC
May 18, 2022	Deed of Trust, Mortgage · Commercial Mortgage FIRST WHITNEY BANK & TRUST

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 4, 2023 · Amount on Record
Deed Sale	May 4, 2023 · Amount on Record
Deed Document Number	2023941
Deed Book / Page	2023 / 941
Record Updated	Sep 20, 2026

May 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON IA
Property Address	116 E GRADE ST, WINTERSET, IA 50273-2037
Transaction Type	Mortgage
Record Updated	Oct 20, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	002023/942
Date	May 4, 2023
Book Page	2023/942
Instrument	2023 942

Lender

Name	MORTGAGE RESEARCH CENTER LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jun 1, 2053

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON IA
Property Address	116 E GRADE ST, WINTERSET, IA 50273-2037
Transaction Type	Mortgage
Record Updated	Jun 22, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	02022/1457
Date	May 18, 2022
Book Page	2022/1457
Instrument	2022 1457

Lender

Name	FIRST WHITNEY BANK & TRUST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

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	$2,000.00 Homeowner's exemption	$123,800 (+10.14%) Land $21,900 Building $101,900	$123,800 (+10.14%) Land $21,900 Building $101,900
2024	$2,000.00 (-0.4%)
2023		$112,400 Land $10,100 Building $102,300	$112,400 Land $10,100 Building $102,300
2022	$2,008.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

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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