1441 Capitol Ave, Des Moines, IA 50316 Property Records

Polk County property record for 1441 Capitol Ave, Des Moines, IA 50316

Property Summary

Property Type	Apartments (5+ Units)
Details	5 bd · 2 ba · 15,204 sqft · built 1972
Lot Size	0.536 acres (23,350 sqft)
Owner	Company Name on Record
Last Sale	$1,300,000 (Dec 2021)
Tax Bill	$24,894 (2024)
Deeds & Mortgages	May 2023 Mortgage Dec 2021 Sale & Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`7824-02-155-004`

Property Details

APN / Parcel Number

Primary APN	`7824-02-155-004`
Alternative APN	`040/05072-001-000`

Interior

Bedrooms	5 Beds
Full Baths	2 Baths
Total Rooms	9 Rooms
Units	23 Units
Stories	3 Stories
Building Area	15,204 sqft Total Area
1st Floor Area	5,068 sqft

Exterior

Year Built	Built 1972
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Hip
Roof Material	Shingle
Lot Area	23,350 sqft (0.536 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	1441 CAPITOL AVE
City	DES MOINES
State	IA
Zip	50316-3853
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R-4
Legal Description	-EX E 20F N 115F- LOT 17 & ALL LOT 18 & 19 BLK 42 STEWARTS ADDITION
Legal Range	24W
Legal Township	78N
Legal Section	2
Legal Subdivision	STEWARTS ADD
Legal Block	42
Legal Lot Number	17,19
Jurisdiction	POLK IA
Township / Civil Division	LEE
Census Block Group	3
Census Block	3013
Census Tract	5200

Owner

Source: Polk County records, as of October 15, 2025

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	320 NE BOBCAT DR, WAUKEE, IA 50263-2119
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
May 22, 2023	Deed of Trust, Mortgage · SBA Mortgage BUSINESS GROWTH COMPANY
Dec 23, 2021	Warranty Deed, Transfer · Line of Credit FARMERS STATE BANK
Nov 1, 2019	Warranty Deed, Transfer PEOPLES BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 23, 2021 · Amount on Record
Deed Sale	Dec 23, 2021 · Amount on Record
Prior Sale	Dec 7, 2007
Deed Document Number	2021-00133549
Deed Book / Page	18922 / 331
Record Updated	Jun 8, 2026

May 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Property Address	1441 CAPITOL AVE, DES MOINES, IA 50316-3853
Transaction Type	Mortgage
Record Updated	Apr 3, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000024781
Date	May 22, 2023
Book Page	19480/369
Instrument	2023-00024781

Lender

Name	BUSINESS GROWTH COMPANY
Type	Non-Lending Institution
Address	JOHNSTON, IA 50131

Agreement

Type	SBA Mortgage
Amount	Amount Recorded

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK IA
Recording Date	Dec 23, 2021
Property Address	1441 CAPITOL AVE, DES MOINES, IA 50316-3853
Document Number	0000133549
Book / Page	18922 / 331
Instrument Date	Dec 21, 2021
Instrument	2021-00133549
Transaction Type	Transfer
Record Updated	Apr 3, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,079.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	320 NE BOBCAT DR, WAUKEE, IA 50263-2119

Mortgage

Document Number	202200001091
Date	Dec 23, 2021
Instrument	2022-00001091

Lender

Name	FARMERS STATE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Dec 21, 2051

November 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK IA
Recording Date	Nov 1, 2019
Property Address	1441 CAPITOL AVE, DES MOINES, IA 50316-3853
Document Number	201900040450
Book / Page	17572 / 0216
Instrument Date	Oct 28, 2019
Instrument	2019-00040450
Transaction Type	Transfer
Record Updated	Oct 19, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,543.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 714, JOHNSTON, IA 50131-0714

Mortgage

Document Number	0000040452
Date	Nov 1, 2019
Book Page	17572/0220
Instrument	2019-00040452

Lender

Name	PEOPLES BANK
Type	Bank
Address	WAUKEE, IA 50263

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Nov 5, 2029

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Polk County assessment roll, as of May 1, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Polk County
Municipality	Des Moines City
Unified School District	Des Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,340,000 (+8.06%) Land $197,000 Building $1,143,000	$1,340,000 (+8.06%) Land $197,000 Building $1,143,000
2024	$24,894.00 (-10.03%)
2023		$1,240,000 Land $173,000 Building $1,067,000	$1,240,000 Land $173,000 Building $1,067,000
2020	$27,670.00

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 August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	10 (1990–2010)
Claims Outside the SFHA	10 of 10
Most Recent Claim	Aug 2010 · Severe Storms, Flooding, And Tornadoes
Claims by Event	Severe Storms & Flooding, Jul 1993 · 8 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	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	DES MOINES WATER WORKS serves 246,055 people · EPA ID IA7727031
Water Source	Purchased surface water from CIWW (DMWW)
Last State Inspection	May 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · May 2017
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 316 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	2,000 / 1,000
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Google Fiber.

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