138 Gray Ave, Ames, IA 50014 Property Records

Story County property record for 138 Gray Ave, Ames, IA 50014

Property Summary

Property Type	Manufactured or Modular Home
Details	1 ba · 13,530 sqft · built 2020
Lot Size	0.455 acres (19,820 sqft)
Owner	Company Name on Record
Last Sale	$3,480,000 (Feb 2025)
Tax Bill	$33,028 (2025)
Deeds & Mortgages	Feb 2025 Sale & Line of Credit Jun 2019 Refinance
Flood Zone	Zone X (minimal risk)
APN	`09-09-226-140`

Property Details

APN / Parcel Number

Primary APN	`09-09-226-140`

Interior

Full Baths	1 Bath
Stories	3 Stories
Building Area	13,530 sqft Living Area
1st Floor Area	4,510 sqft
Basement Area	4,510 sqft
Finished Basement	4,510 sqft

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Architectural Style	Modular
Lot Area	19,820 sqft (0.455 acres)
Porch	Slab

Utilities, Heating & Cooling

Cooling System	None
Heating System	HVAC

Location & Zoning

Street Address	138 GRAY AVE
City	AMES
State	IA
Zip	50014-7040
Property Category	Residential
Property Type	Residential > Prefabricated > Manufactured or Modular Home
Local Zoning Code	RH
Legal Description	COLLEGE HEIGHTS ADD LOTS 4 & 5 BLK 1
Legal Range	24W
Legal Township	83N
Legal Section	09
Legal Subdivision	COLLEGE HEIGHTS ADD
Legal Block	1
Legal Lot Number	4,5
Jurisdiction	STORY IA
Township / Civil Division	WASHINGTON
Census Block Group	2
Census Block	2005
Census Tract	1102

Owner

Source: Story County records, as of September 1, 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	18011 BENT TREE RDG, COUNCIL BLUFFS, IA 51503-7831
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 3, 2025	Warranty Deed, Transfer · Line of Credit FIRST NATIONAL BANK
Jun 6, 2019	Deed of Trust, Mortgage · Stand-Alone Refinance SOUTH STORY BANK & TRUST

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 3, 2025 · Amount on Record
Deed Sale	Feb 3, 2025 · Amount on Record
Deed Document Number	2025746
Record Updated	Oct 29, 2026

February 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	STORY IA
Recording Date	Feb 3, 2025
Property Address	138 GRAY AVE, AMES, IA 50014-7040
Document Number	0202500746
Instrument Date	Jan 26, 2025
Instrument	2025-00746
Transaction Type	Transfer
Record Updated	Sep 30, 2025

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,567.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18011 RENT TREE RIDGE, COUNCIL BLUFFS, IA 51503

Mortgage

Document Number	0202500747
Date	Feb 3, 2025
Instrument	2025-00747

Lender

Name	FIRST NATIONAL BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Property Address	138 GRAY AVE, AMES, IA 50014-7040
Transaction Type	Mortgage
Record Updated	Oct 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0201904513
Date	Jun 6, 2019
Instrument	2019-04513

Lender

Name	SOUTH STORY BANK & TRUST

Agreement

Type	Stand-Alone Refinance
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Story County assessment roll, as of September 30, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$33,028.00 (+17.27%)	$3,882,940 (+147.12%) Land $188,300 Building $3,694,640	$3,882,940 (+2.37%) Land $188,300 Building $3,694,640
2024	$28,164.00 (+2.44%)
2023		$1,571,300 Land $226,400 Building $1,344,900	$3,793,160
2022	$27,494.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 25, 2026

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 99.8% of the US · lower than 98.1% of Iowa
Wildfire Likelihood	Under 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	ISU state or territorial government · serves 42,000 people · EPA ID IA8503528
Water Source	Purchased groundwater from AMES WATER TREATMENT PLANT
Last State Inspection	Jun 2024
Lead	1 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 3 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
T-Mobile Fixed Wireless	100 / 20

May also be available: ICS Advanced Technologies.

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