507 Locust Rd, Decorah, IA 52101 Property Records

Winneshiek County property record for 507 Locust Rd, Decorah, IA 52101

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,282 sqft · built 1955
Lot Size	0.387 acres (16,837 sqft)
Owner	Individual Name on File
Last Sale	$202,500 (Oct 2022)
Tax Bill	$3,988 (2026)
Deeds & Mortgages	Sep 2025 Line of Credit Oct 2022 Foreclosure
Flood Zone	Zone X (minimal risk)
APN	`111612802600`

Property Details

APN / Parcel Number

Primary APN	`111612802600`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,282 sqft Living Area
Basement Area	1,282 sqft
Finished Basement	425 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	16,837 sqft (0.387 acres)
Lot Dimensions	149 ft deep x 113 ft wide
Garage Type	Attached
Garage Area	308 sqft
Parking Spaces	1 Parking Space
Porch	Slab
Porch Area	98 sqft
Deck Area	216 sqft

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	507 LOCUST RD
City	DECORAH
State	IA
Zip	52101-1001
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	L 5 & E 1/2 L 4 BLK 1 DAHLY'S 1ST ADDN
Legal Range	08W
Legal Township	98N
Legal Section	16
Legal Subdivision	DAHLYS 1ST ADD
Legal Block	1
Jurisdiction	WINNESHIEK IA
Township / Civil Division	DECORAH
Census Block Group	3
Census Block	3010
Census Tract	950200

Owner

507 Locust Rd is owned and occupied by an individual who bought it in October 2022.

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

Owner of Record	Individual Name on File
Mailing Address	507 LOCUST RD, DECORAH, IA 52101-1001
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Sep 3, 2025	Deed of Trust, Mortgage · Line of Credit DECORAH BANK & TRUST CO
Oct 26, 2022	Legal Action/Court Order, Foreclosure · Conventional Mortgage DECORAH BANK & TRUST CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 26, 2022 · Amount on File
Deed Sale	Oct 26, 2022 · Amount on File
Deed Document Number	20223293
Deed Book / Page	2022 / 3293
Prior Transfer Date	Jun 21, 2022
Prior Transfer Doc	0000001954
Record Updated	Oct 29, 2026

September 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WINNESHIEK IA
Property Address	507 LOCUST RD, DECORAH, IA 52101-1001
Transaction Type	Mortgage
Record Updated	Oct 10, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	02025/2182
Date	Sep 3, 2025
Book Page	2025/2182
Instrument	2025 2182

Lender

Name	DECORAH BANK & TRUST CO
Type	Bank
Address	DECORAH, IA 52101

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Sep 18, 2035

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

October 2022: Legal Action/Court Order, Foreclosure

Document Type	Legal Action/Court Order
Jurisdiction	WINNESHIEK IA
Recording Date	Oct 26, 2022
Property Address	507 LOCUST RD, DECORAH, IA 52101-1001
Document Number	02022/3293
Book / Page	2022 / 3293
Instrument Date	Oct 25, 2022
Instrument	2022 3293
Transaction Type	Foreclosure
Record Updated	Dec 14, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$323.20
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	507 LOCUST RD, DECORAH, IA 52101-1001

Mortgage

Document Number	02022/3294
Date	Oct 26, 2022
Book Page	2022/3294
Instrument	2022 3294

Lender

Name	DECORAH BANK & TRUST CO
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2052

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 507 Locust Rd was $3,988 with a homeowner's exemption.

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

Property Jurisdictions

Type	Name
State	Iowa
County	Winneshiek County
Municipality	Decorah City
Unified School District	Decorah Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,988.00	$254,860 (+5.56%) Land $53,590 Building $201,270	$254,860 (+5.56%) Land $53,590 Building $201,270
2025	$3,988.00 (+3.05%) Homeowner's exemption	$241,440 Land $53,590 Building $187,850	$241,440 Land $53,590 Building $187,850
2024	$3,870.00
2023		$215,800 (+14.62%) Land $53,590 Building $162,210	$215,800 Land $53,590 Building $162,210
2022	$3,922.00 Homeowner's exemption	$188,270 Land $44,660 Building $143,610
2021			$188,270 Land $44,660 Building $143,610

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

Flood

FEMA maps place 507 Locust Rd in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective February 21, 2024

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AH, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Wildfire risk around 507 Locust Rd is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 71% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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	DECORAH WATER DEPARTMENT serves 7,615 people · EPA ID IA9630012
Water Source	Groundwater
Last State Inspection	Jun 2024
Lead	9 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	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.

Internet Providers

Source: FCC Broadband Data Collection, based on 165 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable · Fiber in parts of the area	2,000 / 1,000
Nextlink Fixed Wireless	100 / 20

May also be available: GigFire.

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