503 2nd St, Traer, IA 50675 Property Records

Tama County property record for 503 2nd St, Traer, IA 50675 · Last verified June 2026

Property Highlights

Property TypeCommercial > Office > Mixed Use Commercial Office / Residential
Year BuiltBuilt 1900
Square Footage6,480 sqft Building Perimeter
Lot Size4,792 sqft (0.11 acres)
OccupancyOwner Occupied
Last Sale$54,000 (2017)
Tax Bill$1,002.00 (2025)

Property Details

APN / Parcel Number

Primary APN07.10.132.001

Interior

Building Area6,480 sqft Building Perimeter
1st Floor1,680 sqft 1st Floor
Stories2 Stories

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Lot Area4,792 sqft (0.11 acres)

Location & Zoning

Street Address503 2ND ST
CityTRAER
StateIA
Zip50675-1138
Property UsageCommercial Property Usage
TypeCommercial > Office > Mixed Use Commercial Office / Residential
Legal DescriptionLOTS 26 & 27 BLK 13 ORIGINAL
Legal SubdivisionORIGINAL TOWN
Legal Block13
Legal Lot Number26-27
JurisdictionTAMA IA
Minor Civil DivisionPERRY
Census Blockgroup3
Census Block3018
Census Tract290200

Owner

Source: Tama County records · APN 07.10.132.001

Assessment roll updated May 15, 2026 · Last verified June 2026

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

Owner of RecordIndividual Name on File
Mailing Address503 2ND ST, TRAER, IA 50675-1138
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Mar 19, 2020Deed of Trust, Mortgage · Stand Alone Refinance
GNB BANK
Deed of Trust, Mortgage
Nov 13, 2017Warranty Deed, Transfer · Stand Alone First Mortgage
GNB BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Nov 13, 2017
  • Deed Sale Price on Nov 13, 2017
Deed Doc Number20173248
Deed Book / Page2017 / 3248
Record RefreshedSep 20, 2026

March 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTAMA IA
Property Address503 2ND ST, TRAER, IA 50675-1138
Transaction TypeMortgage
Record UpdatedJun 10, 2020

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number20200597
DateMar 19, 2020
Instrument2020-0597
Lender
NameGNB BANK
TypeBank
Agreement
TypeStand Alone Refinance
AmountAmount Recorded
Term121 Months
DueApr 01, 2030

: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTAMA IA
Property Address503 2ND ST, TRAER, IA 50675-1138
Transaction TypeMortgage
Record UpdatedFeb 26, 2019

Transferred To (Grantee/Buyer)

NameVerified Name

November 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionTAMA IA
Recording DateNov 13, 2017
Property Address503 2ND ST, TRAER, IA 50675-1138
Document Number02017/3248
Book / Page2017 / 3248
Instrument DateNov 07, 2017
Instrument2017-3248
Transaction TypeTransfer
Record UpdatedApr 05, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address503 2ND ST, TRAER, IA 50675-1138

Mortgage

Document Number2017/3249
DateNov 13, 2017
Book Page2017/3249
Instrument2017-3249
Lender
NameGNB BANK
TypeBank
AddressGRUNDY CENTER, IA 50638
Agreement
TypeStand Alone First Mortgage
AmountAmount Recorded
Term300 Months
DueNov 13, 2042

Tax Assessment & Valuation

Source: Tama County records · Assessment roll updated May 15, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIowa
CountyTama County
MunicipalityTraer City
Unified School DistrictNorth Tama County Community School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$1,002.00$74,560 (+32.36%) Land $5,520 Building $69,040$74,560 (+32.36%) Land $5,520 Building $69,040
2023$56,330 Land $5,520 Building $50,810$56,330 Land $5,520 Building $50,810

Nearby Properties on 2nd St

Nearby Streets

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