306 Main St, Malvern, IA 51551 Property Records

Mills County property record for 306 Main St, Malvern, IA 51551

Property Summary

Property TypeRestaurant
Details880 sqft · built 1915
Lot Size0.068 acres (2,970 sqft)
OwnerCompany Name on File
Last Sale$75,000 (Apr 2023)
Tax Bill$1,120 (2025)
Deeds & MortgagesApr 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN086760000000000

Property Details

APN / Parcel Number

Primary APN086760000000000

Interior

Stories1 Story
Building Area880 sqft Gross Area
1st Floor Area320 sqft

Exterior

Year BuiltBuilt 1915
Effective Year BuiltEffective 1915
Exterior MaterialWood
Construction TypeFrame
Roof MaterialShingle
Lot Area2,970 sqft (0.068 acres)
Lot Dimensions33 ft deep x 90 ft wide
Patio Area500 sqft
Shed1 Shed

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Water SourceCommercial

Location & Zoning

Street Address306 MAIN ST
CityMALVERN
StateIA
Zip51551-8136
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal DescriptionN 90' OF W 33' OF LOT 242 STRAHAN'S ADD
Legal SubdivisionSTRAHANS ADD
Legal Lot Number242
JurisdictionMILLS IA
Township / Civil DivisionMALVERN
Census Block Group4
Census Block4110
Census Tract40100

Owner

306 Main St, a commercial property, is owned by a company that bought it in April 2023.

Source: Mills County records, as of September 3, 2026

Owner of RecordCompany Name on File
Mailing Address31324 DOBNEY AVE, SILVER CITY, IA 51571-5044
Owner TypeCompany
VestingCompany

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 17, 2023 · Amount on File
Deed SaleApr 17, 2023 · Amount on File
Deed Document Number2023841
Deed Book / Page2023 / 841
Record UpdatedOct 29, 2026

April 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMILLS IA
Recording DateApr 17, 2023
Property Address306 MAIN ST, MALVERN, IA 51551-8136
Document Number002023/841
Book / Page2023 / 841
Instrument DateApr 11, 2023
Instrument2023-0841
Transaction TypeTransfer
Record UpdatedOct 16, 2025

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$119.20
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address440 REGENCY PARKWAY DR STE 210, 210, OMAHA, NE 68114-3742

Mortgage

Document Number0020230842
DateApr 17, 2023
Instrument2023-0842
Lender
NameMALVERN FSB
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 306 Main St was $1,120.

Source: Mills County assessment roll, as of October 16, 2025

Property Jurisdictions

TypeName
StateIowa
CountyMills County
MunicipalityMalvern City
Unified School DistrictEast Mills Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,120.00$77,096 Land $2,970 Building $74,126$77,096 Land $2,970 Building $74,126
2024$1,120.00
2023$51,647 (+43.61%) Land $2,970 Building $48,677$51,647 Land $2,970 Building $48,677
2022$726.00$35,964 Land $2,970 Building $32,994
2021$35,964 Land $2,970 Building $32,994

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 306 Main St in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 1984.

Source: FEMA National Flood Hazard Layer, effective April 16, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims3 (1984–1993)
Claims Outside the SFHA1 of 3
Most Recent ClaimJul 1993 · Severe Storms & Flooding

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

Wildfire risk around 306 Main St is low, with a 0.02% annual chance of wildfire.

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

Wildfire RiskLow
lower than 94% of the US · lower than 65% of Iowa
Wildfire Likelihood0.02% annual chance
ExposureNone
beyond 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 SystemMALVERN WATER SUPPLY
serves 1,046 people · EPA ID IA6545020
Water SourceGroundwater
Last State InspectionSep 2025
LeadUnder 1 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNitrate
resolved · Apr 2019
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 170 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
BTC
Fiber
2,000 / 2,000

May also be available: Nextlink.

Nearby Properties on Main St

Nearby Streets

Search Property Records by Address or Parcel Number