407 3rd Ave, Melbourne, IA 50162 Property Records

Marshall County property record for 407 3rd Ave, Melbourne, IA 50162

Property Summary

Property TypeSingle Family Home
Details4 bd · 1 ba · 1,696 sqft · built 1976
Lot Size0.325 acres (14,200 sqft)
OwnerIndividual Name on Record
Last Sale$187,000 (Mar 2024)
Tax Bill$2,326 (2024)
Deeds & MortgagesApr 2024 Mortgage
Nov 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN8219-06-431-003

Property Details

APN / Parcel Number

Primary APN8219-06-431-003
Alternative APN
  • 1406431003

Interior

Bedrooms4 Beds
Full Baths1 Bath
Stories1 Story
Building Area1,696 sqft Living Area
1st Floor Area1,120 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1976
Architectural StyleOther
Exterior MaterialOther
Foundation TypeBlock
Roof TypeGable
Roof MaterialMetal
Lot Area14,200 sqft (0.325 acres)
Lot Dimensions142 ft deep x 100 ft wide
Garage TypeAttached
Garage Area576 sqft
Parking Spaces2 Parking Spaces
Shed1 Shed

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air
Heating FuelElectric
Water SourceCommercial

Location & Zoning

Old Parcel Number1406431003
Street Address407 3RD AVE
CityMELBOURNE
StateIA
Zip50162
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOTS 7-8 BLK 1
Legal SubdivisionLAMARS THIRD ADD
Legal Block1
Legal Lot Number7,8 8
JurisdictionMARSHALL IA
Township / Civil DivisionLOGAN
Census Block Group2
Census Block2015
Census Tract950300

Owner

Source: Marshall County records, as of October 13, 2025

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

Owner of RecordIndividual Name on Record
Mailing Address407 3RD AVE, MELBOURNE, IA 50162
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Apr 1, 2024Deed of Trust, Mortgage · VA Mortgage
MORTGAGE RESEARCH CENTER LLC
Nov 24, 2021Deed of Trust, Mortgage · Conventional Mortgage
CARDINAL FINANCIAL CO

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 6, 2024 · Amount on Record
Deed SaleMar 6, 2024 · Amount on Record
Prior SaleNov 24, 2021 · Amount on Record
Deed Document Number2024-807
Record UpdatedJun 8, 2026

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IA
Property Address407 3RD AVE, MELBOURNE, IA 50162
Transaction TypeMortgage
Record UpdatedApr 9, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020241198
DateApr 1, 2024
Instrument2024-1198
Lender
NameMORTGAGE RESEARCH CENTER LLC
TypeMortgage Company
AddressCOLUMBIA, MO 65203
Agreement
TypeVA Mortgage
AmountAmount Recorded
Term359 Months
DueMar 1, 2054

November 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IA
Property Address407 3RD AVE, MELBOURNE, IA 50162
Transaction TypeMortgage
Record UpdatedDec 22, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202100020810
DateNov 24, 2021
Instrument202100020810
Lender
NameCARDINAL FINANCIAL CO
TypeFunding / Finance Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueDec 1, 2051
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Marshall County assessment roll, as of May 1, 2025

Property Jurisdictions

TypeName
StateIowa
CountyMarshall County
MunicipalityMelbourne City
Unified School DistrictWest Marshall Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$183,630 (+46.63%) Land $8,440 Building $175,190$183,630 (+46.63%) Land $8,440 Building $175,190
2024$2,326.00 (+34.68%)
2023$125,230 Land $8,440 Building $116,790$125,230 Land $8,440 Building $116,790
2022$1,727.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective November 16, 2011

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

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

Wildfire RiskLow
lower than 93% of the US · above 40% of Iowa
Wildfire Likelihood0.04% annual chance
ExposureNone
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 SystemMELBOURNE WATER SUPPLY
serves 765 people · EPA ID IA6471063
Water SourcePurchased groundwater from IA REGIONAL UTILITIES ASSOC (WAVERLY)
Last State InspectionApr 2024
Lead6 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 233 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Partner Communications Cooperative
Fiber · DSL
1,000 / 1,000

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