402 E Madison St, Mount Ayr, IA 50854 Property Records

Ringgold County property record for 402 E Madison St, Mount Ayr, IA 50854

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,320 sqft · built 1973
Lot Size	0.16 acres (7,128 sqft)
Owner	2 Individual Names on File
Last Sale	$39,000 (Mar 2022)
Tax Bill	$628 (2025)
Deeds & Mortgages	Aug 2026 Mortgage Mar 2022 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`006150`

Property Details

APN / Parcel Number

Primary APN	`006150`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,320 sqft Base Area
1st Floor Area	1,320 sqft

Exterior

Year Built	Built 1973
Effective Year Built	Effective 1973
Roof Material	Asphalt
Lot Area	7,128 sqft (0.16 acres)
Lot Dimensions	132 ft deep x 54 ft wide
Garage Type	Detached
Garage Area	672 sqft
Parking Spaces	2 Parking Spaces

Location & Zoning

Street Address	402 E MADISON ST
City	MOUNT AYR
State	IA
Zip	50854-1723
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOTS 191 & 192 (EX W 51') O P
Legal Subdivision	MOUNT AYR
Legal Lot Number	191,192
Jurisdiction	RINGGOLD IA
Township / Civil Division	MOUNT AYR
Census Block Group	1
Census Block	1053
Census Tract	950200

Owner

402 E Madison St is owned and occupied by two individuals who bought it in March 2022.

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

Owner of Record	2 Individual Names on File
Mailing Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Aug 17, 2026	Deed of Trust, Mortgage · Conventional Mortgage IOWA STATE SAVINGS BANK
Mar 24, 2022	Warranty Deed, Transfer · Conventional Mortgage PCSB BANK
Oct 5, 2018	Warranty Deed, Transfer GREAT WESTERN BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 24, 2022 · Amount on File
Deed Sale	Mar 24, 2022 · Amount on File
Prior Sale	Oct 5, 2018 · Amount on File
Deed Document Number	2022405
Deed Book / Page	542 / 218
Record Updated	Oct 29, 2026

August 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RINGGOLD IA
Recording Date	Aug 17, 2026
Property Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723
Document Number	0000001036
Book / Page	617 / 80
Instrument Date	Aug 7, 2026
Instrument	20261036
Transaction Type	Mortgage
Record Updated	Sep 24, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723

Mortgage

Document Number	0000001036,
Date	Aug 17, 2026
Book Page	617/80
Instrument	20261036

Lender

Name	IOWA STATE SAVINGS BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Aug 13, 2056

Interest

Rate Type	Fixed Rate
Initial Type	Fixed Rate
Max Rate	-1%

March 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RINGGOLD IA
Recording Date	Mar 24, 2022
Property Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723
Document Number	000542/218
Book / Page	542 / 218
Instrument Date	Mar 17, 2022
Instrument	2022- 00000405
Transaction Type	Transfer
Record Updated	Oct 17, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$61.60
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723

Mortgage

Document Number	000542/219
Date	Mar 24, 2022
Book Page	542/219
Instrument	2022- 00000406

Lender

Name	PCSB BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2052

Interest

Rate Type	Fixed Rate

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RINGGOLD IA
Recording Date	Oct 5, 2018
Property Address	402 E MADISON ST, MOUNT AYR, IA 50854-1723
Document Number	000473/117
Book / Page	473 / 117
Instrument Date	Oct 2, 2018
Instrument	000000001045
Transaction Type	Transfer
Record Updated	Oct 17, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	705 E MONROE ST, MOUNT AYR, IA 50854-2030

Mortgage

Document Number	0000000473/0000000118
Date	Oct 5, 2018
Book Page	0000000473/0000000118
Instrument	000000001046

Lender

Name	GREAT WESTERN BANK
Type	Bank

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 402 E Madison St was $628 with a homeowner's exemption, up 7.5% from the year before.

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

Property Jurisdictions

Type	Name
State	Iowa
County	Ringgold County
Municipality	Mount Ayr City
Unified School District	Mount Ayr Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$628.00 (+7.53%) Homeowner's exemption	$47,346 Land $6,120 Building $41,226	$47,346 Land $6,120 Building $41,226
2024	$584.00
2023		$39,788 (+2.11%) Land $5,400 Building $34,388	$39,788 Land $5,400 Building $34,388
2022	$678.00	$38,966 Land $5,400 Building $33,566
2021			$38,966 Land $5,400 Building $33,566

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

Flood

FEMA maps place 402 E Madison St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 17, 2017

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

Wildfire risk around 402 E Madison 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 Risk	Low lower than 99.8% of the US · lower than 98.1% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	MOUNT AYR WATER TREATMENT PLANT serves 1,683 people · EPA ID IA8055014
Water Source	Purchased surface water from SIRWA #2 (CRESTON)
Last State Inspection	Mar 2025
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 233 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
Windstream DSL · Fiber in parts of the area	200 / 20
Lockridge Networks Fixed Wireless	100 / 20

May also be available: Nextlink.

Nearby Properties on E Madison St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures