303 School St, Gilbert, IA 50105 Property Records

Story County property record for 303 School St, Gilbert, IA 50105

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 960 sqft · built 1975
Lot Size	0.193 acres (8,400 sqft)
Owner	2 Individual Names on Record
Tax Bill	$3,236 (2025)
Deeds & Mortgages	Sep 2026 Line of Credit May 2026 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`05-09-240-170`

Property Details

APN / Parcel Number

Primary APN	`05-09-240-170`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Half Baths	2 Half Baths
Total Rooms	9 Rooms
Stories	1 Story
Building Area	960 sqft Living Area
1st Floor Area	960 sqft
Basement Area	960 sqft
Finished Basement	780 sqft
Unfinished Basement	180 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1975
Effective Year Built	Effective 1975
Architectural Style	A-Frame
Exterior Material	Composition/Composite
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	8,400 sqft (0.193 acres)
Lot Dimensions	105 ft deep x 80 ft wide
Garage Type	Attached
Garage Area	288 sqft
Parking Spaces	1 Parking Space
Deck Area	64 sqft
Patio Area	64 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	303 SCHOOL ST
City	GILBERT
State	IA
Zip	50105-1005
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ROTHMOOR 1ST ADD LOT:44 GILBERT
Legal Range	24W
Legal Township	84N
Legal Section	09
Legal Subdivision	ROTHMOOR 1ST ADD
Legal Lot Number	44
Jurisdiction	STORY IA
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1027
Census Tract	103

Owner

Source: Story County records, as of October 13, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	303 SCHOOL ST, GILBERT, IA 50105-1005
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 15, 2026	Deed of Trust, Mortgage · Line of Credit LOANDEPOT.COM LLC
May 6, 2026	Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORPORATION
Apr 12, 2024	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 12, 2024
Deed Sale	Apr 12, 2024
Prior Sale	Jan 16, 2014 · Amount on Record
Deed Document Number	20242247
Prior Transfer Date	Apr 8, 2024
Prior Transfer Doc	0202402247
Record Updated	Oct 29, 2026

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Recording Date	Sep 15, 2026
Property Address	303 SCHOOL ST, GILBERT, IA 50105-1005
Document Number	0000008398
Instrument Date	Sep 9, 2026
Instrument	20268398
Transaction Type	Mortgage
Record Updated	Oct 13, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	303 SCHOOL ST, GILBERT, IA 50105-1005

Mortgage

Document Number	0000008398,
Date	Sep 15, 2026
Instrument	20268398

Lender

Name	LOANDEPOT.COM LLC

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Oct 5, 2046

Interest

Max Rate	-1%

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Recording Date	May 6, 2026
Property Address	303 SCHOOL ST, GILBERT, IA 50105-1005
Document Number	0000003881
Instrument Date	Apr 28, 2026
Instrument	20263881
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants, 205
Address	303 SCHOOL ST, GILBERT, IA 50105-1005

Mortgage

Document Number	0000003881,
Date	May 6, 2026
Instrument	20263881

Lender

Name	FREEDOM MORTGAGE CORPORATION

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2056

Interest

Rate	6.46%
Max Rate	-1%

April 2024: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	STORY IA
Recording Date	Apr 12, 2024
Property Address	303 SCHOOL ST, GILBERT, IA 50105-1005
Document Number	0202402247
Instrument Date	Apr 8, 2024
Instrument	2024-02247
Transaction Type	Transfer
Record Updated	May 13, 2024

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	303 SCHOOL ST, GILBERT, IA 50105-1005

Tax Assessment & Valuation

Source: Story County assessment roll, as of September 30, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,236.00 (+7.94%)	$185,400 (+8.93%) Land $70,200 Building $115,200	$185,400 (+8.93%) Land $70,200 Building $115,200
2024	$2,998.00 (+8.54%)
2023		$170,200 Land $61,200 Building $109,000	$170,200 Land $61,200 Building $109,000
2022	$2,762.00

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 May 25, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not 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 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	GILBERT WATER SUPPLY serves 1,211 people · EPA ID IA8531083
Water Source	Groundwater
Last State Inspection	Mar 2024
Also Mapped Here	XENIA RWD (BOONE)
Lead	Under 1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	31 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 231 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Verizon Fixed Wireless	300 / 20
CenturyLink DSL · Fiber in parts of the area	100 / 100

May also be available: GigFire.

Cell Coverage

5G (outdoors only) and 4G LTE

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