402 Main St, Colo, IA 50056 Property Records

Story County property record for 402 Main St, Colo, IA 50056

Property Summary

Property TypeRetail Stores (Personal Services, Photography, Travel)
Details3,840 sqft · built 1978
Lot Size0.092 acres (4,000 sqft)
OwnerCompany Name on File
Last Sale$65,000 (Apr 2025)
Tax Bill$1,098 (2025)
Deeds & MortgagesFeb 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN12-08-250-395

Property Details

APN / Parcel Number

Primary APN12-08-250-395

Interior

Stories1 Story
Building Area3,840 sqft Gross Area
1st Floor Area3,840 sqft
FlooringConcrete/Cement
Interior WallsMetal

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Exterior MaterialMetal
Construction TypeSteel Frame
Roof MaterialMetal
Lot Area4,000 sqft (0.092 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address402 MAIN ST
CityCOLO
StateIA
Zip50056-7720
Property CategoryCommercial
Property TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Legal DescriptionBLAIR'S ADD LOTS 1 & 2 BLK 6
Legal Range21W
Legal Township83N
Legal Section08
Legal SubdivisionBLAIRS ADD (COLO)
Legal Block6
Legal Lot Number1,2
JurisdictionSTORY IA
Township / Civil DivisionNEW ALBANY
Census Block Group3
Census Block3026
Census Tract10200

Owner

402 Main St, a commercial property, is owned by a company that bought it in April 2025.

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

Owner of RecordCompany Name on File
Mailing Address607 HOOPER ST, MELBOURNE, IA 50162-1029
Owner TypeCompany
VestingLimited Liability Partnership

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, 2025 · Amount on File
Deed SaleApr 17, 2025 · Amount on File
Deed Document Number20252614
Record UpdatedOct 29, 2026

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSTORY IA
Property Address402 MAIN ST, COLO, IA 50056-7720
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201700001052
DateFeb 3, 2017
Instrument2017-00001052
Lender
NameUNITED BANK & TRUST
TypeBank
AddressMARSHALLTOWN, IA 50158
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 402 Main St was $1,098.

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

Property Jurisdictions

TypeName
StateIowa
MunicipalityColo City
CountyStory County
Unified School DistrictColo-NESCO Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,098.00$65,000 Land $8,000 Building $57,000$65,000 Land $8,000 Building $57,000
2023$34,400$34,400

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

Flood

FEMA maps place 402 Main 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

The area around 402 Main St 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 SystemCOLO WATER SUPPLY
serves 853 people · EPA ID IA8520061
Water SourcePurchased groundwater from IA REGIONAL UTILITIES ASSOC (WAVERLY)
Last State InspectionApr 2025
Lead1 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 208 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Colo Telephone Company
Fiber
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Main St

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