503 Walnut St, Osage, IA 50461 Property Records

Mitchell County property record for 503 Walnut St, Osage, IA 50461

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,523 sqft · built 1891
Lot Size0.2 acres (8,712 sqft)
Owner2 Individual Names on File
Tax Bill$1,284 (2025)
Deeds & MortgagesAug 2017 Mortgage
Dec 2018 Mortgage
Flood ZoneZone X (minimal risk)
APN1023480005

Property Details

APN / Parcel Number

Primary APN1023480005

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,523 sqft Living Area
1st Floor Area896 sqft
Basement Area896 sqft
Unfinished Basement896 sqft
Game RoomGame Room
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1891
Effective Year BuiltEffective 1891
Exterior MaterialVinyl
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area8,712 sqft (0.2 acres)
Lot Dimensions132 ft deep x 66 ft wide
Garage TypeDetached
Garage Area396 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchSlab
Porch Area44 sqft
Deck Area144 sqft
Patio Area60 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas
Water SourceCommercial

Location & Zoning

Street Address503 WALNUT ST
CityOSAGE
StateIA
Zip50461-1225
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 7 BLK 86
Legal Block86
Legal Lot Number7
JurisdictionMITCHELL IA
Township / Civil DivisionOSAGE
Census Block Group4
Census Block4023
Census Tract560300

Owner

503 Walnut St is owned and occupied by two individuals.

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

Owner of Record2 Individual Names on File
Mailing Address503 WALNUT ST, OSAGE, IA 50461-1225
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Aug 4, 2017Deed of Trust, Mortgage · Conventional Mortgage
CUSB BANK
Dec 11, 2018Deed of Trust, Mortgage · Balloon Mortgage
CUSB BANK

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

August 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMITCHELL IA
Property Address503 WALNUT ST, OSAGE, IA 50461-1225
Transaction TypeMortgage
Record UpdatedApr 22, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2017/1356
DateAug 4, 2017
Book Page2017/1356
Instrument2017-1356
Lender
NameCUSB BANK
TypeBank
AddressCRESCO, IA 52136
Agreement
TypeConventional Mortgage
AmountAmount on Record

December 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMITCHELL IA
Property Address503 WALNUT ST, OSAGE, IA 50461-1225
Transaction TypeMortgage
Record UpdatedApr 22, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2018/2541
DateDec 11, 2018
Book Page2018/2541
Instrument2541
Lender
NameCUSB BANK
Agreement
TypeBalloon Mortgage
AmountAmount on Record
Term361 Months
DueJan 1, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 503 Walnut St was $1,284 with a homeowner's exemption, up 2.4% from the year before.

Source: Mitchell County assessment roll, as of October 21, 2025

Property Jurisdictions

TypeName
StateIowa
CountyMitchell County
MunicipalityOsage City
Unified School DistrictOsage Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,284.00 (+2.39%) Homeowner's exemption$91,890 Land $11,550 Building $80,340$91,890 Land $11,550 Building $80,340
2024$1,254.00
2023$85,630 (+27.56%) Land $11,550 Building $74,080$85,630 Land $11,550 Building $74,080
2022$1,100.00 Homeowner's exemption$67,130 Land $11,550 Building $55,580
2021$67,130 Land $11,550 Building $55,580

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

Flood

FEMA maps place 503 Walnut St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 4, 2020

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 503 Walnut 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 RiskNot 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 SystemOSAGE MUNICIPAL WATER SUPPLY
serves 3,637 people · EPA ID IA6663001
Water SourceGroundwater
Last State InspectionJun 2024
Lead11 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 165 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Nextlink
Fixed Wireless
1,000 / 500
Mediacom Xtream
Cable
1,000 / 50
Osage Municipal Utilities
Cable
500 / 50
GigFire
Fixed Wireless
150 / 130
T-Mobile
Fixed Wireless
100 / 20

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