500 Main St, Ames, IA 50010 Property Records

Story County property record for 500 Main St, Ames, IA 50010

Property Summary

Property Type	Neighborhood Shopping Center, Strip Center
Details	21,219 sqft · built 1994
Lot Size	3.53 acres (153,875 sqft)
Owner	Company Name on Record
Tax Bill	$98,406 (2025)
Deeds & Mortgages	Jun 2017 Mortgage Jul 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`09-02-355-005`

Property Details

APN / Parcel Number

Primary APN	`09-02-355-005`

Interior

Units	5 Units
Stories	1 Story
Building Area	21,219 sqft Gross Area
1st Floor Area	38,280 sqft

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Exterior Material	Brick
Construction Type	Concrete
Roof Material	Rolled Roofing
Lot Area	153,875 sqft (3.53 acres)
Total Buildings	3 Buildings

Location & Zoning

Street Address	500 MAIN ST
City	AMES
State	IA
Zip	50010-6083
Property Category	Commercial
Property Type	Commercial > Retail > Neighborhood Shopping Center, Strip Center
Local Zoning Code	DSC
Legal Description	BLAIRS 3RD ADD BLK 46 & BLAIRS ADD BLK 16 PARCEL A CFN 12-86
Legal Range	24W
Legal Township	83N
Legal Section	02
Legal Subdivision	BLAIRS 3RD ADD
Legal Block	16,46
Jurisdiction	STORY IA
Township / Civil Division	WASHINGTON
Census Block Group	4
Census Block	4028
Census Tract	900

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	312 LAKE AVE, WORTHINGTON, MN 56187-1529
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jun 1, 2017	Deed of Trust, Mortgage BANKERS TRUST COMPANY NA
Jul 1, 2021	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK SOUTHWEST
Jul 21, 2022	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK SOUTHWEST

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

June 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Property Address	500 MAIN ST, AMES, IA 50010-6083
Transaction Type	Mortgage
Record Updated	Oct 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700005234
Date	Jun 1, 2017
Instrument	2017-00005234

Lender

Name	BANKERS TRUST COMPANY NA
Type	Bank

Agreement

Amount	Amount Recorded

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Property Address	500 MAIN ST, AMES, IA 50010-6083
Transaction Type	Mortgage
Record Updated	Oct 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202108484
Date	Jul 1, 2021
Instrument	2021-08484

Lender

Name	FIRST STATE BANK SOUTHWEST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Jun 15, 2041

Interest

Rate Type	Fixed Rate

July 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	STORY IA
Property Address	500 MAIN ST, AMES, IA 50010-6083
Transaction Type	Mortgage
Record Updated	Oct 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202207253
Date	Jul 21, 2022
Instrument	2022-07253

Lender

Name	FIRST STATE BANK SOUTHWEST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Aug 15, 2042

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Iowa
Municipality	Ames City
County	Story County
Unified School District	Ames Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$98,406.00 (-4.35%)	$3,616,700 (-5.04%) Land $1,538,800 Building $2,077,900	$3,616,700 (-5.04%) Land $1,538,800 Building $2,077,900
2024	$102,882.00 (+34.52%)
2023		$3,808,800 Land $1,136,400 Building $2,672,400	$3,808,800 Land $1,136,400 Building $2,672,400
2022	$76,482.00

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 May 25, 2026 · 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 Claims	6 (1990–2010)
Most Recent Claim	Aug 2010 · Severe Storms, Flooding, And Tornadoes
Claims by Event	Severe Storms & Flooding, Jul 1993 · 3 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

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	AMES WATER TREATMENT PLANT serves 55,177 people · EPA ID IA8503039
Water Source	Groundwater
Last State Inspection	Oct 2023
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 313 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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