406 E South St, Latimer, IA 50452 Property Records

Franklin County property record for 406 E South St, Latimer, IA 50452

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,516 sqft · built 1971
Lot Size	0.23 acres (10,000 sqft)
Owner	2 Individual Names on File
Last Sale	$152,000 (Jul 2025)
Tax Bill	$2,178 (2025)
Deeds & Mortgages	Dec 2022 Sale & Mortgage Nov 2012 Foreclosure
Flood Zone	Zone X (minimal risk)
APN	`063022600400`

Property Details

APN / Parcel Number

Primary APN	`063022600400`
Alternative APN	`0630226004`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,516 sqft Living Area
1st Floor Area	1,516 sqft
Basement Area	1,516 sqft
Finished Basement	800 sqft
Unfinished Basement	716 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	10,000 sqft (0.23 acres)
Lot Dimensions	100 ft deep x 100 ft wide
Garage Type	Attached
Garage Area	624 sqft
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	48 sqft
Deck Area	336 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas
Water Source	Commercial

Location & Zoning

Street Address	406 E SOUTH ST
City	LATIMER
State	IA
Zip	50452-7580
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PAULLUS 1ST ADD LOT (SEQ:1), 3 (SEQ:2) WD-2025-1325 (2025-07-31), AFF-2023-0168 (2023-01-27), WD-2022-2551 (2022-12-30), REC-#94-1347 ()
Legal Subdivision	PAULLUS 1ST ADD
Legal Lot Number	3
Jurisdiction	FRANKLIN IA
Township / Civil Division	MARION
Census Block Group	1
Census Block	1138
Census Tract	360300

Owner

406 E South St is owned by two individuals who bought it in July 2025.

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

Owner of Record	2 Individual Names on File
Mailing Address	1117 VAL KAY CT, HAMPTON, IA 50441-1419
Owner Type	Individual
Vesting	Joint Tenants

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
Dec 30, 2022	Warranty Deed, Transfer · Conventional Mortgage UNITED MORTGAGE CO
Nov 2, 2012	Legal Action/Court Order, Foreclosure · Line of Credit FARM CREDIT SERVICES OF MID AMERICA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 31, 2025 · Amount on File
Deed Sale	Jul 31, 2025 · Amount on File
Prior Sale	Nov 2, 2012 · Amount on File
Deed Document Number	20251325
Record Updated	Oct 29, 2026

December 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FRANKLIN IA
Recording Date	Dec 30, 2022
Property Address	406 E SOUTH ST, LATIMER, IA 50452-7580
Document Number	0020222551
Map Reference	IN 20161105
Instrument Date	Dec 29, 2022
Instrument	20222551
Transaction Type	Transfer
Record Updated	Oct 7, 2025

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$207.20
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	114 S REYNOLDS ST, LATIMER, IA 50452-7603
Investor	Possibly a Property Investor

Mortgage

Document Number	0020222552
Date	Dec 30, 2022
Instrument	20222552

Lender

Name	UNITED MORTGAGE CO
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2053

November 2012: Legal Action/Court Order, Foreclosure

Document Type	Legal Action/Court Order
Jurisdiction	FRANKLIN IA
Recording Date	Nov 2, 2012
Property Address	406 E SOUTH ST, LATIMER, IA 50452-7580
Document Number	0020122194
Instrument Date	Oct 30, 2012
Instrument	20122194
Transaction Type	Foreclosure
Record Updated	Apr 3, 2026

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,407.20
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	406 E SOUTH ST, LATIMER, IA 50452-7580

Mortgage

Document Number	0020122195
Date	Nov 2, 2012
Instrument	20122195

Lender

Name	FARM CREDIT SERVICES OF MID AMERICA
Type	Funding / Finance Company

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	241 Months
Due	Dec 1, 2032

Tax Assessment & Valuation

The 2025 property tax bill for 406 E South St was $2,178, down 1.5% from the year before.

Source: Franklin County assessment roll, as of October 7, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Franklin County
Municipality	Latimer City
Unified School District	CAL Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,178.00 (-1.54%)	$139,400 Land $10,800 Building $128,600	$139,400 Land $10,800 Building $128,600
2024	$2,212.00
2023		$133,700 (+12.07%) Land $10,800 Building $122,900	$133,700 Land $10,800 Building $122,900
2022	$2,156.00 Homeowner's exemption	$119,300 Land $10,800 Building $108,500
2021			$119,300 Land $10,800 Building $108,500

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

Flood

FEMA maps place 406 E South St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 26, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

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

Wildfire risk around 406 E South 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 98% of the US · lower than 82% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 210 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Frontier DSL	115 / 7
WMTel Fixed Wireless · Fiber in parts of the area	100 / 20
Router12 Networks Fixed Wireless	100 / 20
Iowa Connect Fixed Wireless	25 / 10

May also be available: Nextlink, T-Mobile.

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