500 E Locust St, Des Moines, IA 50309 Property Records

Polk County property record for 500 E Locust St, Des Moines, IA 50309

Property Summary

Property Type	Commercial Office
Details	2 bd · 1 ba · 19,500 sqft · built 1912
Lot Size	0.063 acres (2,760 sqft)
Owner	Company Name on File
Tax Bill	$44,698 (2024)
Deeds & Mortgages	Sep 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`7824-03-327-007`

Property Details

APN / Parcel Number

Primary APN	`7824-03-327-007`
Alternative APN	`040/06201-000-000`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	6 Stories
Building Area	19,500 sqft Total Area
1st Floor Area	2,760 sqft
Elevator	Elevator

Exterior

Year Built	Built 1912
Exterior Material	Brick/Stone
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Foundation Type	Stone
Roof Type	Flat
Roof Material	Built-Up Asphalt
Lot Area	2,760 sqft (0.063 acres)
Lot Dimensions	69 ft deep x 40 ft wide
Lawn Sprinklers	Lawn Sprinklers

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	500 E LOCUST ST
City	DES MOINES
State	IA
Zip	50309-1908
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	C-3B
Legal Description	LOT 2 H E TEACHOUT PLACE
Legal Range	24W
Legal Township	78N
Legal Section	3
Legal Subdivision	H E TEACHOUT PLACE
Legal Lot Number	2
Jurisdiction	POLK IA
Township / Civil Division	LEE
Census Block Group	1
Census Block	1031
Census Tract	5102

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the East Des Moines Commercial Historic District listed 2019 · 33 contributing resources · NRIS 100003523

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

500 E Locust St, a commercial property, is owned by a company that acquired it in February 1998.

Source: Polk County records, as of October 15, 2025

Owner of Record	Company Name on File
Mailing Address	5223 WATERBURY RD, DES MOINES, IA 50312-1921
Owner Type	Company

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 Names	Name on Deed
Last Sale	Feb 9, 1998
Deed Sale	Feb 9, 1998
Prior Sale	Nov 7, 1997 · Amount on File
Deed Document Number	059435
Record Updated	Jun 8, 2026

September 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Property Address	500 E LOCUST ST, DES MOINES, IA 50309-1908
Document Number	0000022440
Instrument Date	Sep 13, 2018
Transaction Type	Mortgage
Record Updated	Jan 16, 2019

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	500 E LOCUST ST #600 DES MOINES IA 503091933, 600, DES MOINES, IA 50309-1933

Mortgage

Document Number	0000022440
Date	Sep 17, 2018
Book Page	017078/000490
Instrument	22440

Lender

Name	US BK
Type	Bank
Address	400 CITY CTR, OSHKOSH, WI 54901-4969

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Iowa
County	Polk County
Municipality	Des Moines City
Unified School District	Des Moines Independent Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,330,000 Land $106,000 Building $1,224,000	$1,330,000 Land $106,000 Building $1,224,000
2024	$44,698.00
2023		$1,170,000 Land $106,000 Building $1,064,000	$1,170,000 Land $106,000 Building $1,064,000
2020	$49,132.00

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

Flood

FEMA maps place 500 E Locust St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2008.

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · 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
Flood Insurance Cost	Premium on File median of 13 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	13 in force
Nearby Flood Claims	2 (2008)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jun 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

The area around 500 E Locust 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 Risk	Not 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 System	DES MOINES WATER WORKS serves 246,055 people · EPA ID IA7727031
Water Source	Purchased surface water from CIWW (DMWW)
Last State Inspection	May 2024
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · May 2017
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 145 locations within half a mile, as of December 31, 2025

Provider	Max 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.