118 1st St E, Independence, IA 50644 Property Records

Buchanan County property record for 118 1st St E, Independence, IA 50644

Property Summary

Property Type	Commercial
Details	3,434 sqft · built 1871
Lot Size	0.04 acres (1,742 sqft)
Owner	Company Name on Record
Last Sale	$70,000 (May 2023)
Tax Bill	$1,176 (2025)
Deeds & Mortgages	Feb 2024 Mortgage May 2023 Mortgage + 1 more
Flood Zone	Zone AE (high risk)
APN	`0634461015`

Property Details

APN / Parcel Number

Primary APN	`0634461015`

Interior

Stories	2 Stories
Building Area	3,434 sqft Total Area
1st Floor Area	1,717 sqft

Exterior

Year Built	Built 1871
Effective Year Built	Effective 1871
Lot Area	1,742 sqft (0.04 acres)

Location & Zoning

Street Address	118 1ST ST E
City	INDEPENDENCE
State	IA
Zip	50644-2807
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	S&M BLK 3 W10.5' OF S 101' LOT 10 & COM SWC OR W8.5' N101' E8.5'S 101'(105 2ND AVE NE)
Legal Subdivision	S & M
Legal Block	3
Legal Lot Number	10
Jurisdiction	BUCHANAN IA
Township / Civil Division	WASHINGTON
Census Block Group	1
Census Block	1007
Census Tract	950500

Owner

Source: Buchanan County records, as of September 9, 2026

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

Owner of Record	Company Name on Record
Mailing Address	1749 GOLF COURSE BLVD, 58, INDEPENDENCE, IA 50644-9269
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 2, 2024	Deed of Trust, Mortgage · Commercial Mortgage BANKIOWA
May 5, 2023	Deed of Trust, Mortgage · Commercial Mortgage COMMUNITY SAVINGS BANK
Jun 25, 2021	Warranty Deed, Transfer

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
Prior Sale	Jun 25, 2021 · Amount on Record
Deed Document Number	20231133
Record Updated	Oct 29, 2026

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUCHANAN IA
Property Address	118 1ST ST E, INDEPENDENCE, IA 50644-2807
Transaction Type	Mortgage
Record Updated	Mar 18, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1749 GOLF COURSE BLVD, INDEPENDENCE, IA 50644-2381

Mortgage

Document Number	2024R00289
Date	Feb 2, 2024
Instrument	2024R00289

Lender

Name	BANKIOWA
Type	Bank
Address	INDEPENDENCE, IA 50644

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 1, 2054

May 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUCHANAN IA
Property Address	118 1ST ST E, INDEPENDENCE, IA 50644-2807
Transaction Type	Mortgage
Record Updated	Jul 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2023R01160
Date	May 5, 2023
Instrument	2023R01160

Lender

Name	COMMUNITY SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	72 Months
Due	May 5, 2029

June 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BUCHANAN IA
Recording Date	Jun 25, 2021
Property Address	118 1ST ST E, INDEPENDENCE, IA 50644-2807
Document Number	2021R02446
Instrument Date	Jun 25, 2021
Instrument	2021R02446
Transaction Type	Transfer
Record Updated	Mar 3, 2023

Transaction

Amount	Amount Recorded
Tax	$85.60
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	213 2ND AVE NE, INDEPENDENCE, IA 50644-1904

Tax Assessment & Valuation

Source: Buchanan County assessment roll, as of September 22, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,176.00 (+36.74%)	$56,670 (-) Land $9,000 Building $47,670	$56,670 (-) Land $9,000 Building $47,670
2023	$860.00	$56,670 Land $9,000 Building $47,670	$56,670 Land $9,000 Building $47,670

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 December 29, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on Record median of 11 policies
Nearby Flood Policies	11 in force
Nearby Flood Claims	132 (1979–2018)
Claims Outside the SFHA	10 of 132
Most Recent Claim	Oct 2018 · river or lake flooding
Claims by Event	Severe Storms And Flooding, Sep 2016 · 16 claims Severe Storms, Flooding, And Tornadoes, Jul 2010 · 54 claims Severe Storms & Flooding, Aug 1993 · 28 claims

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.

Wildfire

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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	INDEPENDENCE WATER DEPT serves 6,064 people · EPA ID IA1037070
Water Source	Groundwater
Last State Inspection	Jun 2024
Lead	7 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 366 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Independence Telecommunications Utility Fiber · Cable in parts of the area	1,000 / 1,000
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130

May also be available: Nextlink.

Nearby Properties on 1st St E

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures