507 E Water St, Decorah, IA 52101 Property Records

Winneshiek County property record for 507 E Water St, Decorah, IA 52101

Property Summary

Property TypeSingle Family Home
Details3 bd · 3.5 ba · 1,404 sqft · built 2022
Lot Size0.15 acres (6,519 sqft)
Owner2 Company Names on Record
Tax Bill$3,354 (2026)
Deeds & MortgagesNov 2021 Foreclosure
Flood ZoneZone X (minimal risk)
APN111531000400

Property Details

APN / Parcel Number

Primary APN111531000400

Interior

Bedrooms3 Beds
Full Baths3.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,404 sqft Living Area
1st Floor Area800 sqft
Basement Area1,404 sqft
Finished Basement1,100 sqft
Unfinished Basement800 sqft
FlooringVinyl/Resilient
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 2022
Effective Year BuiltEffective 2022
Exterior MaterialFiber Cement Siding
Construction TypeFrame
Foundation TypeConcrete
Roof TypeGable
Roof MaterialAsphalt
Lot Area6,519 sqft (0.15 acres)
Lot Dimensions123 ft deep x 53 ft wide
Garage TypeAttached
Garage Area780 sqft
Parking Spaces3 Parking Spaces
PorchSlab
Porch Area96 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
Heating FuelGas
Water SourceCommercial

Location & Zoning

Street Address507 E WATER ST
CityDECORAH
StateIA
Zip52101-1925
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 2 BLK 42 ORIGINAL DECORAH
Legal Range08W
Legal Township98N
Legal Section15
Legal SubdivisionORIGINAL DECORAH
Legal Block42
Legal Lot Number2
JurisdictionWINNESHIEK IA
Township / Civil DivisionDECORAH
Census Block Group1
Census Block1091
Census Tract950200

Owner

Source: Winneshiek County records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Company Names on Record
Mailing Address507 E WATER ST, DECORAH, IA 52101-1925
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust, Revocable Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateJan 29, 2026
Transfer Doc0000000237
Record UpdatedOct 29, 2026

November 2021: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionWINNESHIEK IA
Recording DateNov 19, 2021
Property Address507 E WATER ST, DECORAH, IA 52101-1925
Document Number02021/4547
Book / Page2021 / 4547
Instrument DateNov 9, 2021
Instrument2021 4547
Transaction TypeForeclosure
Record UpdatedOct 10, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Foreclosure Auction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address506 BAKER AVE, DECORAH, IA 52101-2215

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIowa
CountyWinneshiek County
MunicipalityDecorah City
Unified School DistrictDecorah Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$3,354.00$219,380 (-40.74%) Land $20,260 Building $199,120$370,230 (-) Land $20,260 Building $349,970
2025$3,354.00 (+18.52%) Homeowner's exemption$370,230 (+112.39%) Land $20,260 Building $349,970$370,230 (+112.39%) Land $20,260 Building $349,970
2024$2,830.00 (+703.98%)
2023$174,320 (+932.7%) Land $20,260 Building $154,060$174,320 (+932.7%) Land $20,260 Building $154,060
2022$352.00$16,880 Land $16,880
2021$16,880 Land $16,880

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 February 21, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AH, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 24 policies
Nearby Flood Policies24 in force
Nearby Flood Claims4 (2016)
Claims Outside the SFHA3 of 4
Most Recent ClaimAug 2016 · Severe Storms, Straight-line Winds, And Flooding
Claims by Event
  • Severe Storms, Straight-line Winds, And Flooding, Aug 2016 · 4 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 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 SystemDECORAH WATER DEPARTMENT
serves 7,615 people · EPA ID IA9630012
Water SourceGroundwater
Last State InspectionJun 2024
Lead9 ppb (2023–2025)
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 517 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable
1,000 / 50
Nextlink
Fixed Wireless
100 / 20

May also be available: GigFire.

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