Linn County property record for 1540 State St, Ely, IA 52227
| Property Type | Bank, Financial Building |
|---|---|
| Details | 2 ba · 2,257 sqft · built 1988 |
| Lot Size | 0.861 acres (37,505 sqft) |
| Owner | Company Name on Record |
| Last Sale | $249,500 (Jun 1999) |
| Tax Bill | $10,178 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 18311-31002-00000 |
| Primary APN | 18311-31002-00000 |
|---|
| Full Baths | 3 Baths |
|---|---|
| Half Baths | 2 Half Baths |
| Stories | 1 Story |
| Building Area | 2,257 sqft Gross Area |
| Year Built | Built 1988 |
|---|---|
| Effective Year Built | Effective 1988 |
| Exterior Material | Brick |
| Roof Type | Hip |
| Roof Material | Asphalt |
| Lot Area | 37,505 sqft (0.861 acres) |
| Lot Dimensions | 125 ft deep x 300 ft wide |
| Deck Area | Deck Area |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 1540 STATE ST |
|---|---|
| City | ELY |
| State | IA |
| Zip | 52227-9799 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Bank, Financial Building |
| Legal Description | ELY LOTS 1 THRU LOT 6 BLOCK 15 |
| Legal Range | 6W |
| Legal Township | 82N |
| Legal Section | 31 |
| Legal Subdivision | ELY |
| Legal Block | 15 |
| Legal Lot Number | 1,6 |
| Jurisdiction | LINN IA |
| Township / Civil Division | PUTNAM |
| Census Block Group | 3 |
| Census Block | 3014 |
| Census Tract | 10700 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Dows Street Historic District listed 2003 · 15 contributing resources · NRIS 02001026 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
Source: Linn County records, as of October 5, 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 | PO BOX 129, SOLON, IA 52333-0129 |
| Owner Type | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 28, 1999 · Amount on Record |
| Deed Sale | Jun 28, 1999 · Amount on Record |
| Deed Document Number | 199981656 |
| Deed Book / Page | 3926 / 647 |
| Record Updated | Oct 29, 2026 |
Source: Linn County assessment roll, as of October 5, 2026
| Type | Name |
|---|---|
| State | Iowa |
| County | Linn County |
| Municipality | Ely City |
| Unified School District | College Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $515,500 (-) Land $89,500 Building $426,000 | $515,500 (-) Land $89,500 Building $426,000 | |
| 2025 | $10,178.00 | $515,500 (+3.35%) Land $89,500 Building $426,000 | $515,500 (+3.35%) Land $89,500 Building $426,000 |
| 2024 | $10,178.00 (-6.97%) | ||
| 2023 | $498,800 Land $89,500 Building $409,300 | $498,800 Land $89,500 Building $409,300 | |
| 2022 | $10,940.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective May 31, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 3 in force |
| Nearby Flood Claims | 5 (1990–2016) |
| Claims Outside the SFHA | 2 of 5 |
| Most Recent Claim | Aug 2016 · river or lake flooding |
| Claims by Event |
|
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 96% of the US · lower than 71% of Iowa |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | ELY WATER SUPPLY serves 2,328 people · EPA ID IA5728018 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jun 2025 |
| Lead | 4 ppb (2022–2024) action level 15 ppb |
| 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.
Source: FCC Broadband Data Collection, based on 148 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| South Slope Cooperative Telephone Company Fiber | 10,000 / 10,000 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: T-Mobile, Verizon.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures