Polk County property record for 240 E Walnut St, Apt 101, Des Moines, IA 50309 · Last verified April 2026
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 257,407 sqft · built 2016 |
| Lot Size | 1.42 acres (62,082 sqft) |
| Owner | 2 Company Names on File |
| Last Sale | $35,750,000 (May 2022) |
| Tax Bill | $62,244 (2024) |
| Deeds & Mortgages | May 2022 Sale |
| Flood Zone | Zone X (reduced by levee) |
| APN | 040/03892-002-001 |
| Primary APN | 040/03892-002-001 |
|---|---|
| Alternative APN |
|
| Units | 248 Units |
|---|---|
| Stories | 7 Stories |
| Building Area | 257,407 sqft Living Area |
| 1st Floor Area | 50,368 sqft |
| Elevator | Elevator |
| Year Built | Built 2016 |
|---|---|
| Effective Year Built | Effective 2016 |
| Exterior Material | Concrete |
| Construction Type | Steel Frame |
| Roof Type | Flat |
| Roof Material | Other |
| Lot Area | 62,082 sqft (1.42 acres) |
| Total Buildings | 2 Buildings |
| Cooling System | HVAC |
|---|---|
| Heating System | Central |
| Sewer | Connected |
| Water Source | Commercial |
| Street Address | 240 E WALNUT ST, 101 |
|---|---|
| City | DES MOINES |
| State | IA |
| Zip | 50309-1241 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | PARCEL B BK 15378 PG 592 BNG PRT OF BLK G SCOTT & DEANS ADD |
| Legal Subdivision | SCOTT & DEANS ADDITION |
| Legal Block | G |
| Jurisdiction | POLK IA |
| Township / Civil Division | LEE |
| Census Block Group | 1 |
| Census Block | 1037 |
| Census Tract | 5102 |
Source: Polk County records · APN 040/03892-002-001
Assessment roll updated October 13, 2025 · Last verified April 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | 1450 BRICKELL AVE, 2130, MIAMI, FL 33131-4065 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | May 23, 2022 · Amount on Record |
| Deed Sale | May 23, 2022 · Amount on Record |
| Deed Document Number | 202241551 |
| Deed Book / Page | 19120 / 226 |
| Record Updated | Jun 08, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | POLK IA |
| Recording Date | May 23, 2022 |
| Property Address | 240 E WALNUT ST APT 101, 101, DES MOINES, IA 50309-1241 |
| Document Number | 0000041551 |
| Book / Page | 19120 / 226 |
| Map Reference | MB 15378 PG 592 |
| Instrument Date | May 02, 2022 |
| Instrument | 2022-00041551 |
| Transaction Type | Transfer |
| Record Updated | Oct 16, 2025 |
| Amount | Amount Recorded |
|---|---|
| Tax | $57,199.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1450 BRICKELL AVE # 2130, 2130, MIAMI, FL 33131-4065 |
Source: Polk County records · Assessment roll updated October 13, 2025 · Last verified April 2026
| Type | Name |
|---|---|
| State | Iowa |
| County | Polk County |
| Municipality | Des Moines City |
| Unified School District | Des Moines Independent Community School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $27,500,000 (+7.84%) Land $3,070,000 Building $24,430,000 | $27,500,000 (+7.84%) Land $3,070,000 Building $24,430,000 | |
| 2024 | $62,244.00 (-35.27%) | ||
| 2023 | $25,500,000 Land $3,070,000 Building $22,430,000 | $25,500,000 Land $3,070,000 Building $22,430,000 | |
| 2020 | $96,158.00 |
Source: FEMA National Flood Hazard Layer, Polk County (19153C), updated August 17, 2025 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 191530051021, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Special Flood Hazard Area | No |
| Flood Hazard | Reduced by levee depends on levee performance |
| 500-Year Floodplain | No |
| Flood Insurance Cost | Premium on Record median of 13 individual NFIP policies nearby |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 13 in force |
| Nearby Flood Claims | 2 (2008) |
| Claims Outside the SFHA | 2 of 2 |
| Most Recent Claim | Jun 2008, rainfall accumulation, Severe Storms, Tornadoes, And Flooding |
| Claims By Storm |
|
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
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: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 145 locations within about half a mile of this property
| Provider | Technology | Download / Upload (Mbps) |
|---|---|---|
| Mediacom Communications | Cable | 2,000 / 1,000 |
| Verizon | Fixed Wireless | 1,000 / 75 |
| AT&T | Fixed Wireless | 100 / 20 |
| T-Mobile USA | Fixed Wireless | 100 / 20 |
May also be available at this address: Metronet Holdings, Lumen Technologies, Google Fiber, VFN Holdings, ICS Advanced Technologies. Availability varies by address; speeds are provider-advertised maximums, not measured.
5G and 4G LTE
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