2508 E 40th St, Des Moines, IA 50317 Property Records

Polk County property record for 2508 E 40th St, Des Moines, IA 50317

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 996 sqft · built 1951
Lot Size0.216 acres (9,450 sqft)
OwnerIndividual Name on Record
Last Sale$125,000 (Jun 2016)
Tax Bill$2,862 (2024)
Deeds & MortgagesMay 2021 Mortgage
Sep 2018 Construction Loan
Flood ZoneZone X (minimal risk)
APN7923-28-354-032

Property Details

APN / Parcel Number

Primary APN7923-28-354-032
Alternative APN
  • 060/03980-000-000

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms5 Rooms
Stories1 Story
Building Area996 sqft Living Area
Gross Area1,872 sqft
1st Floor Area996 sqft
Basement Area996 sqft
Finished Basement120 sqft

Exterior

Year BuiltBuilt 1951
Architectural StyleConventional
Exterior MaterialAluminum/Vinyl
Construction TypeWood Frame
Foundation TypeBlock
Roof TypeGable/Hip
Roof MaterialAsphalt
Lot Area9,450 sqft (0.216 acres)
Lot Dimensions126 ft deep x 75 ft wide
Garage TypeDetached
Garage Area816 sqft
Parking Spaces3 Parking Spaces
Deck Area251 sqft
Patio Area408 sqft
Canopy408 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air
SewerConnected

Location & Zoning

Street Address2508 E 40TH ST
CityDES MOINES
StateIA
Zip50317-5628
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionS 1/2 LOT 262 & ALL LOT 263 FOUR MILE
Legal Range23W
Legal Township79N
Legal Section28
Legal SubdivisionFOUR MILE
Legal Lot Number262,263
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group2
Census Block2006
Census Tract102

Owner

Source: Polk County records, as of October 15, 2025

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

Owner of RecordIndividual Name on Record
Mailing Address2508 E 40TH ST, DES MOINES, IA 50317-5628
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
May 3, 2021Deed of Trust, Mortgage · Conventional Mortgage
GERSHMAN INVESTMENT CORP
Sep 27, 2018Trustee's Deed, Construction Loan · Construction Mortgage
COMMUNITY ST BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 28, 2016 · Amount on Record
Deed SaleJun 28, 2016 · Amount on Record
Prior SaleMay 15, 2008
Deed Document Number2015-00215296
Deed Book / Page16064 / 0745
Record UpdatedJun 8, 2026

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Property Address2508 E 40TH ST, DES MOINES, IA 50317-5628
Transaction TypeMortgage
Record UpdatedSep 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000045396
DateMay 3, 2021
Book Page18507/390
Instrument2021-00045396
Lender
NameGERSHMAN INVESTMENT CORP
TypeMortgage Company
AddressCHESTERFIELD, MO 63017
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMay 1, 2051

September 2018: Trustee's Deed, Construction Loan

Document TypeTrustee's Deed
JurisdictionPOLK IA
Recording DateSep 27, 2018
Property Address2508 E 40TH ST, DES MOINES, IA 50317-5628
Book / Page017091 / 000649
Instrument DateSep 26, 2018
Instrument25540
Transaction TypeConstruction Loan
Record UpdatedJan 16, 2019

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address9310 NE 94TH AVE BONDURANT IA 500351326, BONDURANT, IA 50035-1326
InvestorPossibly a Property Investor

Mortgage

Document Number0000025540
DateSep 27, 2018
Book Page017091/000649
Instrument25540
Lender
NameCOMMUNITY ST BK
TypeBank
AddressANKENY, IA 50023
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Polk County assessment roll, as of May 1, 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$188,600 (+13.27%) Land $38,700 Building $149,900$188,600 (+13.27%) Land $38,700 Building $149,900
2024$2,862.00 (-3.57%)
2023$166,500 Land $33,600 Building $132,900$166,500 Land $33,600 Building $132,900
2020$2,968.00

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

FEMA Flood ZoneZone X
minimal risk
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 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 675 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Google Fiber
Fiber
8,000 / 8,000
Metronet
Fiber
5,120 / 5,120
Mediacom Xtream
Cable
2,000 / 1,000
CenturyLink
Fiber
2,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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