1516 E Olive St, Marshalltown, IA 50158 Property Records

Marshall County property record for 1516 E Olive St, Marshalltown, IA 50158

Property Summary

Property Type	Light Industrial
Details	8,000 sqft · built 1972
Lot Size	2.01 acres (87,668 sqft)
Owner	Company Name on Record
Last Sale	$245,000 (Jul 2024)
Tax Bill	$4,542 (2025)
Deeds & Mortgages	Sep 2019 Refinance Oct 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`8318-01-276-006`

Property Details

APN / Parcel Number

Primary APN	`8318-01-276-006`
Alternative APN	`1101276006`

Interior

Stories	1 Story
Building Area	8,000 sqft Gross Area

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1972
Exterior Material	Metal
Construction Type	Frame
Roof Material	Metal
Lot Area	87,668 sqft (2.01 acres)
Lot Dimensions	404 ft deep x 217 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Water Source	Commercial

Location & Zoning

Street Address	1516 E OLIVE ST
City	MARSHALLTOWN
State	IA
Zip	50158-9110
Property Category	Industrial
Property Type	Industrial > Light Industrial
Local Zoning Code	M1
Legal Description	LOT 2/2 SE NE EX ROW
Legal Range	18W
Legal Township	83N
Legal Section	01
Legal Lot Number	2/2
Jurisdiction	MARSHALL IA
Township / Civil Division	TIMBER CREEK
Census Block Group	1
Census Block	1017
Census Tract	951000

Owner

Source: Marshall County records, as of August 17, 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	2316 230TH ST, 703, AMES, IA 50014-6335
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Sep 19, 2019	Deed of Trust, Mortgage · Stand-Alone Refinance GNB BANK
Oct 27, 2017	Deed of Trust, Mortgage · Stand-Alone First Mortgage GNB BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 3, 2024 · Amount on Record
Deed Sale	Jul 3, 2024 · Amount on Record
Deed Document Number	20242554
Record Updated	Sep 20, 2026

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARSHALL IA
Property Address	1516 E OLIVE ST, MARSHALLTOWN, IA 50158-9110
Transaction Type	Mortgage
Record Updated	Apr 22, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201900004779
Date	Sep 19, 2019
Instrument	201900004779

Lender

Name	GNB BANK
Type	Bank

Agreement

Type	Stand-Alone Refinance
Amount	Amount Recorded
Term	241 Months
Due	Oct 1, 2039

October 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARSHALL IA
Property Address	1516 E OLIVE ST, MARSHALLTOWN, IA 50158-9110
Transaction Type	Mortgage
Record Updated	Apr 22, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	20175976
Date	Oct 27, 2017
Instrument	2017-5976

Lender

Name	GNB BANK
Type	Bank
Address	GRUNDY CENTER, IA 50638

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Oct 15, 2027

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Marshall County assessment roll, as of October 14, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,542.00	$251,420 (+29.03%) Land $109,590 Building $141,830	$251,420 (+29.03%) Land $109,590 Building $141,830
2024	$4,542.00 (+8.58%)
2023		$194,850 Land $43,830 Building $151,020	$194,850 Land $43,830 Building $151,020
2022	$4,183.00

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 November 16, 2011 · 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
Nearby Flood Policies	1 in force
Nearby Flood Claims	2 (1982–2004)
Most Recent Claim	May 2004 · Severe Storms, Tornadoes, And Flooding

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 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	MARSHALLTOWN WATER WORKS serves 27,680 people · EPA ID IA6469042
Water Source	Groundwater
Last State Inspection	Mar 2024
Lead	2 ppb (2023–2025) 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 13 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable · Fixed Wireless	2,000 / 1,000
Heart of Iowa Communications Cooperative Fiber	1,000 / 1,000
Nextlink Fixed Wireless	1,000 / 1,000
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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