1400 E Walnut St, Des Moines, IA 50316 Property Records

Polk County property record for 1400 E Walnut St, Des Moines, IA 50316

Property Summary

Property TypeApartments (5+ Units)
Details19,629 sqft · built 1977
Lot Size0.589 acres (25,650 sqft)
OwnerCompany Name on File
Last Sale$1,925,000 (Apr 2025)
Tax Bill$29,114 (2024)
Deeds & MortgagesApr 2025 Sale & Line of Credit
Apr 2023 Mortgage
+ 4 more
Flood ZoneZone X (minimal risk)
APN040/05055-001-000

Property Details

APN / Parcel Number

Primary APN040/05055-001-000
Alternative APN
  • 782403282002

Interior

Units60 Units
Stories3 Stories
Building Area19,629 sqft Living Area
1st Floor Area6,263 sqft

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1996
Exterior MaterialShingles
Construction TypeFrame
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area25,650 sqft (0.589 acres)
Lot Dimensions171 ft deep x 150 ft wide

Utilities, Heating & Cooling

Cooling SystemWall Unit
Heating SystemBaseboard
Heating FuelElectric
SewerConnected
Water SourceCommercial

Location & Zoning

Street Address1400 E WALNUT ST
CityDES MOINES
StateIA
Zip50316-3856
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeR-4
Legal DescriptionLOT 1 BLK 3 W A SCOTTS ADDITION; AND LTS 1, 2 & 3 BLK 42 STEWARTS ADDITION
Legal SubdivisionSTEWARTS ADDITION
Legal Block3,42
Legal Lot Number1,2,3
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group3
Census Block3013
Census Tract5200

Owner

Source: Polk County records · APN 040/05055-001-000

Assessment roll updated October 13, 2025 · Last verified July 2026

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

Owner of RecordCompany Name on File
Mailing Address208 S 84TH ST, WEST DES MOINES, IA 50266-8511
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Apr 17, 2025Warranty Deed, Transfer · Line of Credit
FIRST STATE BANK OF LYNNVILLE IOWA
Apr 28, 2023Deed of Trust, Mortgage · Commercial Mortgage
STATE SAVINGS BANK FSB
Mar 13, 2020Deed of Trust, Mortgage
FARMERS STATE BANK
Jan 29, 2020Deed of Trust, Mortgage
A+ FCU
Jan 16, 2018Loan Modification, Mortgage
FIRST NAT'L BK/AMES IO
Jan 08, 2018Grant Deed, Mortgage · Line of Credit
FIRST NAT'L BK/AMES IO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 17, 2025 · Amount on Record
Deed SaleApr 17, 2025 · Amount on Record
Prior SaleMar 13, 2020 · Amount on Record
Deed Document Number202520624
Deed Book / Page20106 / 442
Last Transfer DateApr 28, 2025
Transfer Doc0000024024
Record UpdatedSep 20, 2026

April 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionPOLK IA
Recording DateApr 17, 2025
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Document Number0000020624
Book / Page20106 / 442
Instrument DateApr 11, 2025
Instrument2025-00020624
Transaction TypeTransfer
Record UpdatedOct 16, 2025

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$3,079.20
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address208 S 84TH ST, WEST DES MOINES, IA 50266-8511

Mortgage

Document Number0000020625
DateApr 17, 2025
Instrument2025-00020625
Lender
NameFIRST STATE BANK OF LYNNVILLE IOWA
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Change FrequencyMonthly

April 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Transaction TypeMortgage
Record UpdatedMay 11, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 714, JOHNSTON, IA 50131-0714

Mortgage

Document Number0000020200
DateApr 28, 2023
Book Page19458/412
Instrument2023-00020200
Lender
NameSTATE SAVINGS BANK FSB
TypeBank
AddressWEST DES MOINES, IA 50265
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term312 Months
DueApr 15, 2049

March 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Transaction TypeMortgage
Record UpdatedAug 09, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201900077268
DateMar 13, 2020
Book Page17734/666
Instrument2019-00077268
Lender
NameFARMERS STATE BANK
TypeBank
AddressWATERLOO, IA 50701
Agreement
AmountAmount Recorded
Term360 Months
DueMar 12, 2050

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Document Number0000067810
Instrument DateJan 29, 2020
Transaction TypeMortgage
Record UpdatedMar 13, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11 S 8TH AVE MARSHALLTOWN IA 501583038, MARSHALLTOWN, IA 50158-3038

Mortgage

Document Number0000067810
DateFeb 07, 2020
Book Page017692/000097
Instrument67810
Lender
NameA+ FCU
TypeCredit Union
AddressAUSTIN, TX 78761-1867
Agreement
AmountAmount Recorded

January 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionPOLK IA
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Document Number0000059267
Instrument DateJan 16, 2018
Transaction TypeMortgage
Record UpdatedJan 11, 2019
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11 S 8TH AVE MARSHALLTOWN IA 501583038, MARSHALLTOWN, IA 50158-3038

Mortgage

Document Number0000059267
DateJan 26, 2018
Book Page016802/000168
Instrument59267
Lender
NameFIRST NAT'L BK/AMES IO
TypeBank
Address5625 MILLS CIVIC PKWY # 100, WEST DES MOINES, IA 50266-5301
Agreement
AmountAmount Recorded

January 2018: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionPOLK IA
Recording DateJan 08, 2018
Property Address1400 E WALNUT ST, DES MOINES, IA 50316-3856
Book / Page016785 / 000374
Instrument DateJan 04, 2018
Instrument55024
Transaction TypeMortgage
Record UpdatedAug 29, 2018
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11 S 8TH AVE MARSHALLTOWN IA 501583038, MARSHALLTOWN, IA 50158-3038

Mortgage

Document Number0000055024
DateJan 08, 2018
Book Page016785/000374
Instrument55024
Lender
NameFIRST NAT'L BK/AMES IO
TypeBank
Address5625 MILLS CIVIC PKWY # 100, WEST DES MOINES, IA 50266-5301
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Polk County records · Assessment roll updated October 13, 2025 · Last verified July 2026

Property Jurisdictions

TypeName
StateIowa
CountyPolk County
MunicipalityDes Moines City
Unified School DistrictDes Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$1,600,000 (+8.11%) Land $217,000 Building $1,383,000$1,600,000 (+8.11%) Land $217,000 Building $1,383,000
2024$29,114.00 (-21.8%)
2023$1,480,000 Land $190,000 Building $1,290,000$1,480,000 Land $190,000 Building $1,290,000
2020$37,228.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of August 17, 2025 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims10 (1990–2010)
Claims Outside the SFHA10 of 10
Most Recent ClaimAug 2010 · Severe Storms, Flooding, And Tornadoes
Claims by Event
  • Severe Storms & Flooding, Jul 1993 · 8 claims

Wildfire

Wildfire RiskLow
lower than 98% of the US · lower than 82% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Metronet Holdings
Fiber
5,120 / 5,120
Mediacom Communications
Cable · Fiber in parts of the area
2,000 / 1,000
Starlink
Satellite
280 / 30
AT&T
Fixed Wireless
100 / 20

May also be available: Google Fiber, Lumen Technologies, T-Mobile USA, Verizon.

Based on FCC filings for 38 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemDES MOINES WATER WORKS
serves 246,055 people
Water SourcePurchased surface water from CIWW (DMWW)
Last State InspectionMay 2024
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · May 2017
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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