401 2nd St, Gilbert, IA 50105 Property Records

Story County property record for 401 2nd St, Gilbert, IA 50105

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 980 sqft · built 1944
Lot Size0.459 acres (20,004 sqft)
Owner2 Company Names on File
Last Sale$40,000 (Apr 2012)
Tax Bill$1,942 (2025)
Flood ZoneZone X (minimal risk)
APN05-04-375-250

Property Details

APN / Parcel Number

Primary APN05-04-375-250

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area980 sqft Living Area
1st Floor Area688 sqft
AtticAttic
Attic Area112 sqft
FlooringCarpet
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1944
Effective Year BuiltEffective 1944
Architectural StyleA-Frame
Exterior MaterialVinyl
Construction TypeFrame
Roof TypeHip
Roof MaterialAsphalt
Lot Area20,004 sqft (0.459 acres)
Lot Dimensions196 ft deep x 105 ft wide
Garage TypeDetached
Garage Area1,056 sqft
Parking Spaces4 Parking Spaces
Patio Area194 sqft
Shed1 Shed

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address401 2ND ST
CityGILBERT
StateIA
Zip50105-7732
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionSECTION:04 TOWNSHIP:84 RANGE:24 SL1 LOT 1 COMM NW COR SE SW E579' S309' TOBEG S196.5' W105.9' NE196.5' E97.7' TO BEG GILBERT
Legal Range24W
Legal Township84N
Legal Section04
Legal Subdivision50504
Legal Lot Number1
JurisdictionSTORY IA
Township / Civil DivisionFRANKLIN
Census Block Group1
Census Block1012
Census Tract103

Owner

401 2nd St is owned by a company that bought it in April 2012.

Source: Story County records, as of September 1, 2026

Owner of Record2 Company Names on File
Mailing Address2337 170TH ST, AMES, IA 50014-2635
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 Names2 Names on Deed
Last SaleApr 12, 2012 · Amount on File
Deed SaleApr 12, 2012 · Amount on File
Deed Document Number20123746
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 401 2nd St was $1,942, up 7.5% from the year before.

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

Property Jurisdictions

TypeName
StateIowa
CountyStory County
MunicipalityGilbert City
Unified School DistrictGilbert Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,942.00 (+7.53%)$111,300 Land $67,400 Building $43,900$111,300 Land $67,400 Building $43,900
2024$1,806.00
2023$102,600 Land $60,100 Building $42,500$102,600 Land $60,100 Building $42,500
2022$1,630.00

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

Flood

FEMA maps place 401 2nd St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 25, 2026

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

Wildfire risk around 401 2nd St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 97% of the US · lower than 76% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemGILBERT WATER SUPPLY
serves 1,211 people · EPA ID IA8531083
Water SourceGroundwater
Last State InspectionMar 2024
Also Mapped HereXENIA RWD (BOONE)
LeadUnder 1 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting31
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 114 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Verizon
Fixed Wireless
300 / 20

May also be available: GigFire.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on 2nd St

Nearby Streets

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