207 E Water St, Decorah, IA 52101 Property Records

Winneshiek County property record for 207 E Water St, Decorah, IA 52101

Property Summary

Property Type	Office Building
Details	9,920 sqft · built 1914
Lot Size	0.118 acres (5,130 sqft)
Owner	Company Name on File
Last Sale	$220,000 (Oct 2019)
Tax Bill	$13,060 (2026)
Deeds & Mortgages	Apr 2023 Mortgage Nov 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`111643300200`

Property Details

APN / Parcel Number

Primary APN	`111643300200`

Interior

Stories	1 Story
Building Area	9,920 sqft Gross Area
1st Floor Area	4,960 sqft
Basement Area	4,960 sqft

Exterior

Year Built	Built 1914
Effective Year Built	Effective 1914
Exterior Material	Concrete Block
Roof Material	Shingle
Lot Area	5,130 sqft (0.118 acres)
Lot Dimensions	114 ft deep x 45 ft wide

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas
Water Source	Commercial

Location & Zoning

Street Address	207 E WATER ST
City	DECORAH
State	IA
Zip	52101-1803
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	L 4 & 5 EXC E 6" OF L 4 & 5 EXC E 6" OF L 5 N 1/2 BLK 14 L 5 N 1/2 BLK 14 ORIG DECORAH ORIG DECORAH
Legal Range	08W
Legal Township	98N
Legal Section	16
Legal Subdivision	ORIGINAL DECORAH
Legal Block	14
Jurisdiction	WINNESHIEK IA
Township / Civil Division	DECORAH
Census Block Group	1
Census Block	1052
Census Tract	950200

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Decorah Commercial Historic District listed 2017 · 86 contributing resources · NRIS 100001482

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

207 E Water St, a commercial property, is owned by a company that bought it in October 2019.

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

Owner of Record	Company Name on File
Mailing Address	PO BOX 133, DECORAH, IA 52101-0133
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 6, 2023	Deed of Trust, Mortgage · Commercial Mortgage DECORAH BANK & TRUST CO
Nov 8, 2022	Deed of Trust, Mortgage · Commercial Mortgage DECORAH BANK & TRUST CO
Jul 24, 2024	Deed of Trust, Mortgage · Line of Credit DECORAH BANK & TRUST CO
Oct 3, 2019	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 3, 2019 · Amount on File
Deed Sale	Oct 3, 2019 · Amount on File
Deed Document Number	20192848
Deed Book / Page	2019 / 2848
Record Updated	Oct 29, 2026

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WINNESHIEK IA
Property Address	207 E WATER ST, DECORAH, IA 52101-1803
Transaction Type	Mortgage
Record Updated	Oct 21, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	002023/819
Date	Apr 6, 2023
Book Page	2023/819
Instrument	2023 0819

Lender

Name	DECORAH BANK & TRUST CO
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WINNESHIEK IA
Property Address	207 E WATER ST, DECORAH, IA 52101-1803
Transaction Type	Mortgage
Record Updated	Oct 21, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	02022/3415
Date	Nov 8, 2022
Book Page	2022/3415
Instrument	2022 3415

Lender

Name	DECORAH BANK & TRUST CO
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	240 Months
Due	Oct 1, 2044

Interest

Rate Type	Fixed Rate

July 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WINNESHIEK IA
Property Address	207 E WATER ST, DECORAH, IA 52101-1803
Transaction Type	Mortgage
Record Updated	Oct 21, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	209 E WATER ST, DECORAH, IA 52101-1803

Mortgage

Document Number	02024/1621
Date	Jul 24, 2024
Book Page	2024/1621
Instrument	2024 1621

Lender

Name	DECORAH BANK & TRUST CO
Type	Bank
Address	DECORAH, IA 52101

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Jul 23, 2054

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WINNESHIEK IA
Recording Date	Oct 3, 2019
Property Address	207 E WATER ST, DECORAH, IA 52101-1803
Document Number	02019/2848
Book / Page	2019 / 2848
Instrument Date	Sep 30, 2019
Instrument	2848
Transaction Type	Transfer
Record Updated	Oct 21, 2025

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	207 E WATER ST, DECORAH, IA 52101-1803

Tax Assessment & Valuation

The 2026 property tax bill for 207 E Water St was $13,060.

Source: Winneshiek County assessment roll, as of October 21, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$13,060.00	$475,020 (-25.67%) Land $67,390 Building $407,630	$639,100 (-) Land $67,390 Building $571,710
2025	$13,060.00 (+81.44%)	$639,100 Land $67,390 Building $571,710	$639,100 Land $67,390 Building $571,710
2024	$7,198.00
2023		$269,990 (+20.72%) Land $67,390 Building $202,600	$269,990 Land $67,390 Building $202,600
2022	$5,742.00	$223,650 Land $56,160 Building $167,490
2021			$223,650 Land $56,160 Building $167,490

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

Flood

FEMA maps place 207 E Water St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective February 21, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AH, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 24 policies
Nearby Flood Policies	24 in force
Nearby Flood Claims	4 (2016)
Claims Outside the SFHA	3 of 4
Most Recent Claim	Aug 2016 · Severe Storms, Straight-line Winds, And Flooding
Claims by Event	Severe Storms, Straight-line Winds, And Flooding, Aug 2016 · 4 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

The area around 207 E Water St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within 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	DECORAH WATER DEPARTMENT serves 7,615 people · EPA ID IA9630012
Water Source	Groundwater
Last State Inspection	Jun 2024
Lead	9 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 517 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
Nextlink Fixed Wireless	100 / 20

May also be available: GigFire.

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