204 3rd St SW, Rake, IA 50465 Property Records

Winnebago County property record for 204 3rd St SW, Rake, IA 50465

Property Summary

Property TypeApartments (5+ Units)
Details3,129 sqft · built 1970
Lot Size1.74 acres (75,794 sqft)
OwnerCompany Name on Record
Last Sale$275,000 (Feb 2026)
Tax Bill$2,084 (2025)
Deeds & MortgagesFeb 2026 Line of Credit
Feb 2017 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN0116177001

Property Details

APN / Parcel Number

Primary APN0116177001

Interior

Stories1 Story
Building Area3,129 sqft Gross Area
1st Floor Area3,129 sqft

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Exterior MaterialBrick Veneer
Roof MaterialShingle
Lot Area75,794 sqft (1.74 acres)
Total Buildings2 Buildings

Utilities, Heating & Cooling

Heating FuelElectric

Location & Zoning

Street Address204 3RD ST SW
CityRAKE
StateIA
Zip50465-7757
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal Description16 100 26 COM AT CENTER OF 16 100 26 TH N ALONG N-S1/4 OF SEC LINE 684.6' TH W 140' TO
Legal Range26W
Legal Township100
Legal Section16
Legal SubdivisionRAKE NON-PLATTED AREAS
JurisdictionWINNEBAGO IA
Township / Civil DivisionLINCOLN
Census Block Group3
Census Block3057
Census Tract680200

Owner

Source: Winnebago County records, as of October 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address205 W 5TH AVE N, ESTHERVILLE, IA 51334-1218
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Feb 19, 2026Deed of Trust, Mortgage · Line of Credit
BANK PLUS
Feb 23, 2017Deed of Trust, Mortgage
FARMERS TRUST & SAVINGS BANK
Feb 23, 2017Deed of Trust, Mortgage
FARMERS TRUST & SAVINGS BANK
Jan 12, 2022Deed of Trust, Mortgage · Commercial Mortgage
IOWA FALLS STATE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 19, 2026 · Amount on Record
Deed SaleFeb 19, 2026 · Amount on Record
Prior SaleOct 14, 2021 · Amount on Record
Deed Document Number2026225
Record UpdatedOct 29, 2026

February 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address204 3RD ST SW, RAKE, IA 50465-7757
Transaction TypeMortgage
Record UpdatedMar 11, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address6 N 16TH ST, ESTHERVILLE, IA 51334-2451

Mortgage

Document Number0020260226
DateFeb 19, 2026
Instrument2026-0226
Lender
NameBANK PLUS
TypeBank
AddressESTHERVILLE, IA 51334
Agreement
TypeLine of Credit
AmountAmount Recorded
Term239 Months
DueJan 29, 2046
Interest
Rate TypeAdjustable Rate

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address204 3RD ST SW, RAKE, IA 50465-7757
Transaction TypeMortgage
Record UpdatedOct 10, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000170220
DateFeb 23, 2017
Instrument17-0220
Lender
NameFARMERS TRUST & SAVINGS BANK
TypeBank
AddressBUFFALO CENTER, IA 50424
Agreement
AmountAmount Recorded
Term240 Months
DueFeb 21, 2037

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address204 3RD ST SW, RAKE, IA 50465-7757
Transaction TypeMortgage
Record UpdatedOct 10, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020170220
DateFeb 23, 2017
Instrument2017-0220
Lender
NameFARMERS TRUST & SAVINGS BANK
TypeBank
AddressBUFFALO CENTER, IA 50424
Agreement
AmountAmount Recorded
Term240 Months
DueFeb 21, 2037
Interest
Rate TypeAdjustable Rate

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWINNEBAGO IA
Property Address204 3RD ST SW, RAKE, IA 50465-7757
Transaction TypeMortgage
Record UpdatedOct 10, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020220067
DateJan 12, 2022
Instrument2022-0067
Lender
NameIOWA FALLS STATE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Winnebago County assessment roll, as of October 6, 2025

Property Jurisdictions

TypeName
StateIowa
CountyWinnebago County
MunicipalityRake City
Unified School DistrictNorth Iowa Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$143,840 (-4.63%) Land $11,110 Building $132,730$143,840 (-4.63%) Land $11,110 Building $132,730
2025$2,084.00 (-8.92%)$150,820 (+4.19%) Land $11,110 Building $139,710$150,820 (+4.19%) Land $11,110 Building $139,710
2024$2,288.00 (-2.97%)
2023$144,750 (+12.72%) Land $11,110 Building $133,640$144,750 (+12.72%) Land $11,110 Building $133,640
2022$2,358.00$128,410 Land $12,250 Building $116,160
2021$128,410 Land $12,250 Building $116,160

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 14, 2022

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot 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 RiskLow
lower than 96% of the US · lower than 71% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemRAKE WATER SUPPLY
serves 186 people · EPA ID IA9575068
Water SourceGroundwater
Last State InspectionJan 2025
Lead1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 41 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Winnebago Cooperative Telecom Association
Fiber
1,000 / 1,000
GigFire
Fixed Wireless
150 / 130
T-Mobile
Fixed Wireless
100 / 20

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