218 E 2nd St, Des Moines, IA 50309 Property Records

Polk County property record for 218 E 2nd St, Des Moines, IA 50309

Property Summary

Property TypeCommercial Office
Details3 bd · 109,513 sqft · built 1994
Lot Size1.12 acres (48,804 sqft)
OwnerCompany Name on Record
Tax Bill$357,018 (2024)
Deeds & MortgagesMay 2024 Line of Credit
Jan 2026 Construction Loan
Flood ZoneZone X (reduced by levee)
APN040/03881-001-000

Property Details

APN / Parcel Number

Primary APN040/03881-001-000
Alternative APN
  • 782403352002

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories4 Stories
Building Area109,513 sqft Gross Area
1st Floor Area25,124 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1994
Effective Year BuiltEffective 1994
Exterior MaterialBrick/Stone
Construction TypeSteel Frame
Fire ResistanceFireproof Steel Frame
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area48,804 sqft (1.12 acres)
Pool Area2,548 sqft
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemCentral
SewerConnected
Water SourceCommercial

Location & Zoning

Street Address218 E 2ND ST
CityDES MOINES
StateIA
Zip50309
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeD-R
Legal DescriptionINTERV N/S & E/W VAC ALLEYS & ALL LTS 1,2,3 & S 26.26F LT 4 & S 26.25F LT 13 & ALL LTS 14THRU17 BLK E SCOTT & DEANS ADD
Legal SubdivisionSCOTT & DEANS ADDITION
Legal BlockE
Legal Lot Number2
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group1
Census Block1042
Census Tract5102

Historic Designation

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

Historic DistrictWithin the Civic Center Historic District
listed 1988 · 10 contributing resources · NRIS 88001168

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

Owner

Source: Polk County records, as of April 14, 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 Address3928 140TH ST, URBANDALE, IA 50323-2486
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
May 21, 2024Deed of Trust, Mortgage · Line of Credit
TWO RIVERS BANK & TRUST
Jan 6, 2026Deed of Trust, Mortgage · Construction Mortgage
WEST BANK

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 8, 2026

May 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address218 E 2ND ST, DES MOINES, IA 50309
Transaction TypeMortgage
Record UpdatedMar 13, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address3928 140TH ST, URBANDALE, IA 50323-2486

Mortgage

Document Number0000024787
DateMay 21, 2024
Book Page19803/265
Instrument2024-00024787
Lender
NameTWO RIVERS BANK & TRUST
TypeBank
Address222 N MAIN ST, BURLINGTON, IA 52601
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Change FrequencyMonthly

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address218 E 2ND ST, DES MOINES, IA 50309
Transaction TypeMortgage
Record UpdatedJan 14, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000000449
DateJan 6, 2026
Book Page20385/333
Instrument2026-00000449
Lender
NameWEST BANK
TypeBank
Address3330 WESTOWN PKWY, WEST DES MOINES, IA 50266
Agreement
TypeConstruction Mortgage
Term239 Months
DueDec 12, 2045
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Polk County assessment roll, as of October 13, 2025

Property Jurisdictions

TypeName
StateIowa
CountyPolk County
MunicipalityDes Moines City
Unified School DistrictDes Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$7,700,000 (-15.75%) Land $2,950,000 Building $4,750,000$7,700,000 (-15.75%) Land $2,950,000 Building $4,750,000
2024$357,018.00 (-22.74%)
2023$9,140,000 Land $2,950,000 Building $6,190,000$9,140,000 Land $2,950,000 Building $6,190,000
2020$462,112.00

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 ZoneZone X
reduced by levee · depends on levee performance
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims2 (2008)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 2 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 RiskNot 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 SystemDES MOINES WATER WORKS
serves 246,055 people · EPA ID IA7727031
Water SourcePurchased surface water from CIWW (DMWW)
Last State InspectionMay 2024
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · May 2017
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 145 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
Verizon
Fixed Wireless
1,000 / 75
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Google Fiber, ICS Advanced Technologies, Metronet, Vero Fiber.

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