402 E 2nd St, Des Moines, IA 50309 Property Records

Polk County property record for 402 E 2nd St, Des Moines, IA 50309

Property Summary

Property TypeParking Garage, Parking Structure
Details189,912 sqft · built 2017
Lot Size1.08 acres (47,279 sqft)
Owner2 Company Names on Record
Last Sale$18,664,000 (Oct 2017)
Deeds & MortgagesSep 2026 Mortgage
Flood ZoneZone X (reduced by levee)
APN040/01761-025-000

Property Details

APN / Parcel Number

Primary APN040/01761-025-000
Alternative APN
  • 782403303010

Interior

Stories6 Stories
Building Area189,912 sqft Gross Area
1st Floor Area31,652 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 2017
Effective Year BuiltEffective 2017
Exterior MaterialConcrete
Construction TypeConcrete
Fire ResistanceFireproof Reinforced Concrete
Roof TypeFlat
Lot Area47,279 sqft (1.08 acres)
Lot Dimensions149 ft deep x 360 ft wide

Utilities, Heating & Cooling

Water SourceCommercial

Location & Zoning

Street Address402 E 2ND ST
CityDES MOINES
StateIA
Zip50309
Property CategoryCommercial
Property TypeCommercial > Retail > Parking Garage, Parking Structure
Legal DescriptionPAR 2016-21 BK 15934 PG 39 BEG NE COR LOT 1 THN SE 70.35F TO POB THN SE 142.50F SW 268F SE 70.14F SW 32F NW 284.07F NE 32F SE 71.34F NE 268F TO POB BNG PRT LTS 1 THRU 5 & PRT LTS 8 THRU 12 & VAC ALLEY S & ADJ LTS 1 THRU 5 BLK 3 EAST FORT DES MOINES
Legal SubdivisionEAST FORT DES MOINES
Legal Lot Number1
JurisdictionPOLK IA
Township / Civil DivisionLEE
Census Block Group1
Census Block1028
Census Tract5102

Owner

Source: Polk County records, as of September 15, 2026

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

Owner of Record2 Company Names on Record
Mailing Address3330 WESTOWN PKWY, WEST DES MOINES, IA 50266-1111
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 10, 2017 · Amount on Record
Deed SaleOct 10, 2017 · Amount on Record
Deed Document Number201730480
Deed Book / Page16679 / 71
Record UpdatedOct 29, 2026

September 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPOLK IA
Recording DateSep 8, 2026
Document Number0000055510
Book / Page20650 / 579
Instrument DateSep 1, 2026
Instrument202655510
Transaction TypeMortgage
Record UpdatedSep 15, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership, 267

Mortgage

Document Number0000055510,
DateSep 8, 2026
Book Page20650/579
Instrument202655510
Lender
NameWELLS FARGO
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term24 Months
DueSep 9, 2028
Interest
Max Rate-1%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIowa
CountyPolk County
MunicipalityDes Moines City
Unified School DistrictDes Moines Independent Community School District (PK - 12)

Flood

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
reduced by levee · depends on levee performance
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims2 (2008)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 2008 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 2 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

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 145 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
2,000 / 1,000
Verizon
Fixed Wireless
1,000 / 75
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Google Fiber, ICS Advanced Technologies, Metronet, Vero Fiber.

Nearby Properties on E 2nd St

Nearby Streets

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