503 E Prospect St, Red Oak, IA 51566 Property Records

Montgomery County property record for 503 E Prospect St, Red Oak, IA 51566

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 2,156 sqft · built 1910
Lot Size	0.186 acres (8,100 sqft)
Owner	Individual Name on Record
Last Sale	$27,000 (Jan 2013)
Tax Bill	$2,298 (2025)
Deeds & Mortgages	May 2026 Line of Credit May 2019 Refinance
Flood Zone	Zone X (moderate risk)
APN	`600628135009000`

Property Details

APN / Parcel Number

Primary APN	`600628135009000`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	2,156 sqft Living Area
1st Floor Area	1,020 sqft
Basement Area	1,020 sqft
Unfinished Basement	1,020 sqft
Game Room	Game Room
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1910
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	8,100 sqft (0.186 acres)
Lot Dimensions	180 ft deep x 45 ft wide
Garage Type	Detached
Garage Area	200 sqft
Parking Spaces	1 Parking Space

Exterior Amenities

Porch	Slab
Porch Area	240 sqft
Deck Area	238 sqft
Patio Area	600 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas
Water Source	Commercial

Location & Zoning

Street Address	503 E PROSPECT ST
City	RED OAK
State	IA
Zip	51566-1623
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	NE ADD E 45' LT 7 BLK 94
Legal Subdivision	NORTHEASTERN ADDITION
Legal Block	94
Legal Lot Number	7
Jurisdiction	MONTGOMERY IA
Township / Civil Division	RED OAK
Census Block Group	2
Census Block	2093
Census Tract	960300

Owner

Source: Montgomery County records, as of September 9, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	PO BOX 2, RED OAK, IA 51566-0002
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 26, 2026	Deed of Trust, Mortgage · Line of Credit FIGURE LENDING LLC
May 7, 2019	Deed of Trust, Mortgage · Stand-Alone Refinance GREAT WESTERN BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 14, 2013 · Amount on Record
Deed Sale	Jan 14, 2013 · Amount on Record
Deed Document Number	20130073
Deed Book / Page	2013 / 73
Record Updated	Oct 29, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY IA
Recording Date	May 26, 2026
Property Address	503 E PROSPECT ST, RED OAK, IA 51566-1623
Document Number	0000000721
Book / Page	2026 / 721
Instrument Date	May 16, 2026
Instrument	2026721
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	TITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SERVICES

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 E PROSPECT ST, RED OAK, IA 51566-1623

Mortgage

Document Number	0000000721,
Date	May 26, 2026
Book Page	2026/721
Instrument	2026721

Lender

Name	FIGURE LENDING LLC

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	Jun 11, 2056

Interest

Rate	6.3%
Max Rate	-1%

May 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY IA
Property Address	503 E PROSPECT ST, RED OAK, IA 51566-1623
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019/674
Date	May 7, 2019
Book Page	2019/674
Instrument	674

Lender

Name	GREAT WESTERN BANK
Type	Bank

Agreement

Type	Stand-Alone Refinance
Amount	Amount Recorded
Term	241 Months
Due	Jun 1, 2039

Tax Assessment & Valuation

Source: Montgomery County assessment roll, as of October 2, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Montgomery County
Municipality	Red Oak City
Unified School District	Red Oak Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,298.00 (+4.26%) Homeowner's exemption	$130,720 (+10.91%) Land $7,560 Building $123,160	$130,720 (+10.91%) Land $7,560 Building $123,160
2024	$2,204.00 (+18.49%)
2023		$117,860 Land $5,040 Building $112,820	$117,860 Land $5,040 Building $112,820
2022	$1,860.00

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 1, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 18 policies
Nearby Flood Policies	18 in force
Nearby Flood Claims	7 (1987–2024)
Most Recent Claim	May 2024 · Severe Storms, Tornadoes, And Flooding
Claims by Event	Severe Storms, Tornadoes, And Flooding, May 2024 · 2 claims Severe Storms, Tornadoes And Flooding, Jun 1998 · 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

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	RED OAK WATER SUPPLY serves 5,596 people · EPA ID IA6950075
Water Source	Groundwater
Last State Inspection	Dec 2024
Lead	3 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	4 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 365 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50

May also be available: FMTC of Stanton Iowa.

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