Story County property record for 502 1st St, Colo, IA 50056
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1 ba · 1,241 sqft · built 1880 |
| Lot Size | 0.196 acres (8,520 sqft) |
| Owner | 2 Company Names on Record |
| Last Sale | $45,000 (Jan 2022) |
| Tax Bill | $1,926 (2025) |
| Deeds & Mortgages | Jan 2022 Foreclosure |
| Flood Zone | Zone X (minimal risk) |
| APN | 12-08-284-175 |
| Primary APN | 12-08-284-175 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1 Bath |
| Total Rooms | 7 Rooms |
| Stories | 1 Story |
| Building Area | 1,241 sqft Living Area |
| 1st Floor Area | 557 sqft |
| Basement Area | 139 sqft |
| Unfinished Basement | 139 sqft |
| Game Room | Game Room |
| Flooring | Carpet |
| Interior Walls | Plaster |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1880 |
|---|---|
| Effective Year Built | Effective 1880 |
| Architectural Style | A-Frame |
| Exterior Material | Vinyl |
| Construction Type | Frame |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 8,520 sqft (0.196 acres) |
| Lot Dimensions | 142 ft deep x 60 ft wide |
| Garage Type | Attached |
| Garage Area | 355 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Porch |
| Porch Area | 119 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Heating Fuel | Gas |
| Street Address | 502 1ST ST |
|---|---|
| City | COLO |
| State | IA |
| Zip | 50056-1060 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | BLAIRS ADD (COLO) BLOCK:15 LOT:1 COLO |
| Legal Range | 21W |
| Legal Township | 83N |
| Legal Section | 08 |
| Legal Subdivision | BLAIRS ADD (COLO) |
| Legal Block | 15 |
| Legal Lot Number | 1 |
| Jurisdiction | STORY IA |
| Township / Civil Division | NEW ALBANY |
| Census Block Group | 3 |
| Census Block | 3020 |
| Census Tract | 10200 |
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 | 2 Company Names on Record |
|---|---|
| Mailing Address | 502 1ST ST, COLO, IA 50056-1060 |
| Occupancy | Owner Occupied |
| Owner Type | Company |
| Vesting | Trust, Family Revocable Trust |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jan 4, 2022 · Amount on Record |
| Deed Sale | Jan 4, 2022 · Amount on Record |
| Deed Document Number | 202292 |
| Last Transfer Date | Oct 9, 2024 |
| Transfer Doc | 0202407427 |
| Record Updated | Oct 29, 2026 |
| Document Type | Legal Action/Court Order |
|---|---|
| Jurisdiction | STORY IA |
| Recording Date | Jan 4, 2022 |
| Property Address | 502 1ST ST, COLO, IA 50056-1060 |
| Document Number | 0202200092 |
| Instrument Date | Jan 3, 2022 |
| Instrument | 2022-00092 |
| Transaction Type | Foreclosure |
| Record Updated | Oct 10, 2023 |
| Amount | Amount Recorded |
|---|---|
| Tax | $71.20 |
| Amount Accuracy | Rounded by County |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 502 1ST ST, COLO, IA 50056-1060 |
Source: Story County assessment roll, as of September 30, 2025
| Type | Name |
|---|---|
| State | Iowa |
| Municipality | Colo City |
| County | Story County |
| Unified School District | Colo-NESCO Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,926.00 (+2.34%) Homeowner's exemption | $139,500 (+9.33%) Land $24,000 Building $115,500 | $139,500 (+9.33%) Land $24,000 Building $115,500 |
| 2024 | $1,882.00 (-6.37%) | ||
| 2023 | $127,600 Land $19,500 Building $108,100 | $127,600 Land $19,500 Building $108,100 | |
| 2022 | $2,010.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective May 25, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 91% of Iowa |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | COLO WATER SUPPLY serves 853 people · EPA ID IA8520061 |
|---|---|
| Water Source | Purchased groundwater from IA REGIONAL UTILITIES ASSOC (WAVERLY) |
| Last State Inspection | Apr 2025 |
| Lead | 1 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| 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. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 21 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Colo Telephone Company Fiber | 1,000 / 1,000 |
| T-Mobile Fixed Wireless | 100 / 20 |
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