Tama County property record for 540 2nd St, Traer, IA 50675
| Property Type | Commercial |
|---|---|
| Details | 2,285 sqft · built 1900 |
| Lot Size | 0.055 acres (2,396 sqft) |
| Owner | Company Name on File |
| Last Sale | $45,000 (Dec 2025) |
| Tax Bill | $1,320 (2025) |
| Deeds & Mortgages | Dec 2025 Sale & Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 07.10.131.024 |
| Primary APN | 07.10.131.024 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 2,285 sqft Building Perimeter |
| 1st Floor Area | 1,280 sqft |
| Year Built | Built 1900 |
|---|---|
| Effective Year Built | Effective 1900 |
| Lot Area | 2,396 sqft (0.055 acres) |
| Street Address | 540 2ND ST |
|---|---|
| City | TRAER |
| State | IA |
| Zip | 50675-1139 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | LOT 29 BLK 14 ORIGINAL |
| Legal Subdivision | ORIGINAL TOWN |
| Legal Block | 14 |
| Legal Lot Number | 29 |
| Jurisdiction | TAMA IA |
| Township / Civil Division | PERRY |
| Census Block Group | 3 |
| Census Block | 3012 |
| Census Tract | 290200 |
540 2nd St, a commercial property, is owned by a company that bought it in December 2025.
Source: Tama County records, as of September 9, 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 Record | Company Name on File |
|---|---|
| Mailing Address | 105 N CHERRY ST, TRAER, IA 50675-1017 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Dec 3, 2025 · Amount on File |
| Deed Sale | Dec 3, 2025 · Amount on File |
| Deed Document Number | 20253134 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | TAMA IA |
| Recording Date | Dec 3, 2025 |
| Property Address | 540 2ND ST, TRAER, IA 50675-1139 |
| Document Number | 0020253134 |
| Instrument Date | Dec 3, 2025 |
| Instrument | 2025-3134 |
| Transaction Type | Transfer |
| Record Updated | Jun 29, 2026 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $71.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 601 1ST ST, TRAER, IA 50675-1005 |
| Document Number | 0020253135 |
|---|---|
| Date | Dec 3, 2025 |
| Instrument | 2025-3135 |
| Name | FARMERS SAVINGS BANK & TRUST |
|---|---|
| Type | Bank |
| Address | TRAER, IA 50675 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 180 Months |
| Due | Dec 3, 2040 |
The 2025 property tax bill for 540 2nd St was $1,320.
Source: Tama County assessment roll, as of May 15, 2026
| Type | Name |
|---|---|
| State | Iowa |
| County | Tama County |
| Municipality | Traer City |
| Unified School District | North Tama County Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,320.00 | $66,980 Land $2,760 Building $64,220 | $66,980 Land $2,760 Building $64,220 |
| 2023 | $50,870 Land $2,760 Building $48,110 | $50,870 Land $2,760 Building $48,110 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 540 2nd St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2008.
Source: FEMA National Flood Hazard Layer, effective October 6, 2021 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 3 in force |
| Nearby Flood Claims | 1 (2008) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | May 2008 · Severe Storms, Tornadoes, And Flooding |
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.
The area around 540 2nd 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 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | TRAER MUNICIPAL WATER PLANT serves 1,583 people · EPA ID IA8681030 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jan 2025 |
| Lead | Under 1 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 3 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.
Source: FCC Broadband Data Collection, based on 152 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Windstream Fiber · DSL in parts of the area | 2,000 / 2,000 |
| Nextlink Fixed Wireless | 1,000 / 1,000 |
| Mediacom Xtream Cable | 1,000 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
| GigFire Fixed Wireless | 150 / 130 |
May also be available: Traer Municipal Utilities.
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