3440 Ave E, Fort Madison, IA 52627 Property Records

Lee County property record for 3440 Ave E, Fort Madison, IA 52627

Property Summary

Property TypeHotel/Motel
Details6,576 sqft · built 1963
Lot Size1.58 acres (68,868 sqft)
OwnerCompany Name on File
Last Sale$450,000 (Aug 2013)
Tax Bill$20,882 (2026)
Deeds & MortgagesJan 2022 Sale
Jan 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN02-47-15-06-479-0010

Property Details

APN / Parcel Number

Primary APN02-47-15-06-479-0010

Interior

Stories1 Story
Building Area6,576 sqft Gross Area
1st Floor Area6,576 sqft

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1963
Exterior MaterialWood
Construction TypeFrame
Roof MaterialShingle
Lot Area68,868 sqft (1.58 acres)
Total Buildings2 Buildings

Utilities, Heating & Cooling

Heating SystemForced Air with A/C

Location & Zoning

Street Address3440 AVENUE E
CityFORT MADISON
StateIA
Zip52627
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel/Motel
Legal Description#4243-A 3440 AVE L NW PT SE1/4 SE1/4 STRIP IN MID PT OF BLK SE1/4 SE1/4
Legal SubdivisionFAIRVIEW ADDITION
JurisdictionLEE IA
Township / Civil DivisionMADISON
Census Block Group2
Census Block2017
Census Tract490200

Owner

3440 Ave E, a commercial property, is owned by a company that acquired it in January 2022.

Source: Lee County records, as of October 20, 2026

Owner of RecordCompany Name on File
Mailing Address3440 AVENUE L, FORT MADISON, IA 52627-3455
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

DateDocument
Jan 12, 2022Warranty Deed, Transfer
Jan 12, 2022Quit Claim Deed, Transfer · Commercial Mortgage
PILOT GROVE SAVINGS BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 7, 2013 · Amount on File
Deed SaleAug 7, 2013 · Amount on File
Deed Document Number20132110
Deed Book / Page13N / 2110
Last Transfer DateJan 7, 2022
Transfer Doc002022/191
Record UpdatedOct 29, 2026

January 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLEE IA
Recording DateJan 12, 2022
Property Address3440 AVENUE L, FORT MADISON, IA 52627-3455
Document Number002022/189
Book / Page2022 / 189
Instrument DateJan 7, 2022
Instrument2022 0189
Transaction TypeTransfer
Record UpdatedMar 16, 2022

Transaction

AmountAmount on Record
Tax$559.20
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3440 AVENUE L, FORT MADISON, IA 52627-3455

January 2022: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLEE IA
Recording DateJan 12, 2022
Property Address3440 AVENUE L, FORT MADISON, IA 52627-3455
Document Number002022/190
Book / Page2022 / 190
Instrument DateSep 7, 2021
Instrument2022 0190
Transaction TypeTransfer
Record UpdatedMar 16, 2022

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3440 AVENUE L, FORT MADISON, IA 52627-3455

Mortgage

Document Number002022/191
DateJan 12, 2022
Book Page2022/191
Instrument2022 0191
Lender
NamePILOT GROVE SAVINGS BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 3440 Ave E was $20,882.

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

Property Jurisdictions

TypeName
StateIowa
CountyLee County
MunicipalityFort Madison City
Unified School DistrictFort Madison Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$20,882.00$619,290 (+1.19%) Land $129,050 Building $490,240$619,290 (+1.19%) Land $129,050 Building $490,240
2025$20,882.00 (+23.83%)$612,000 Land $129,050 Building $482,950$612,000 Land $129,050 Building $482,950
2024$16,864.00
2023$512,630 Land $129,050 Building $383,580$512,630 Land $129,050 Building $383,580
2022$14,002.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 3440 Ave E in Zone X, an area of minimal flood risk, though there have been 21 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective July 21, 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 Policies4 in force
Nearby Flood Claims21 (1979–2008)
Most Recent ClaimJun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 4 claims
  • Severe Storms, Tornadoes And Flooding, May 2001 · 5 claims
  • Severe Storms & Flooding, Jul 1993 · 4 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

The area around 3440 Ave E has no burnable land within ember reach, so its wildfire risk is not rated.

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 SystemRATHBUN REG WATER ASSN (FT MADISON)
private · serves 11,840 people · EPA ID IA0400901
Water SourcePurchased surface water from several systems
Last State InspectionJun 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
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 132 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
ImOn Communications
Fiber
1,000 / 1,000
Mediacom Xtream
Cable · Fiber in parts of the area
1,000 / 50
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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