550 SE Gateway Dr, Grimes, IA 50111 Property Records

Polk County property record for 550 SE Gateway Dr, Grimes, IA 50111

Property Summary

Property Type	General Agricultural/Rural
Lot Size	1.49 acres (65,291 sqft)
Owner	Individual Name on File
Last Sale	$260,000 (Apr 2026)
Tax Bill	$60 (2024)
Deeds & Mortgages	Apr 2026 Sale Feb 2022 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`311/00305-550-118`

Property Details

APN / Parcel Number

Primary APN	`311/00305-550-118`
Alternative APNs	`31100305550107` `792505226031`

Exterior

Lot Area	65,291 sqft (1.49 acres)
Garage Type	Attached

Exterior Amenities

Porch	Enclosed Porch
Porch Area	30 sqft
Deck Area	112 sqft
Patio Area	864 sqft

Utilities, Heating & Cooling

Cooling System	Central
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	550 SE GATEWAY DR
City	GRIMES
State	IA
Zip	50111
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > General Agricultural/Rural
Legal Description	-EX W 107F- LOT 7 GRIMES CROSSING PLAT 3
Legal Subdivision	GRIMES CROSSING PLAT 3
Legal Lot Number	7
Jurisdiction	POLK IA
Township / Civil Division	WEBSTER
Census Block Group	3
Census Block	3005
Census Tract	11303

Owner

550 SE Gateway Dr, an agricultural property, is owned by an individual who bought it in April 2026.

Source: Polk County records, as of June 2, 2026

Owner of Record	Individual Name on File
Mailing Address	550 SE GATEWAY DR, GRIMES, IA 50111
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
Apr 30, 2026	Warranty Deed, Transfer NONE LISTED ON DOCUMENT
Feb 22, 2022	Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK
Oct 21, 2020	Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 30, 2026 · Amount on File
Deed Sale	Apr 30, 2026 · Amount on File
Prior Sale	Oct 21, 2020 · Amount on File
Deed Document Number	202624435
Deed Book / Page	20500 / 869
Record Updated	Sep 20, 2026

April 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	POLK IA
Recording Date	Apr 30, 2026
Property Address	550 SE GATEWAY DR, GRIMES, IA 50111
Document Number	0000024435
Book / Page	20500 / 869
Instrument Date	Apr 27, 2026
Instrument	2026.24435
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount on Record
Tax	$41,935.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Property Address	550 SE GATEWAY DR, GRIMES, IA 50111
Transaction Type	Mortgage
Record Updated	Mar 4, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	14820 HORTON AVE, URBANDALE, IA 50323-2648

Mortgage

Document Number	0000014024
Date	Feb 22, 2022
Book Page	18994/816
Instrument	2022-00014024

Lender

Name	FIRST STATE BANK
Type	Bank
Address	HUMBOLDT, IA 50548

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	9 Months
Due	Nov 1, 2022

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	POLK IA
Property Address	550 SE GATEWAY DR, GRIMES, IA 50111
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8274 MERCATO CT, WEST DES MOINES, IA 50266-8006

Mortgage

Document Number	0000045187
Date	Oct 21, 2020
Book Page	18140/551
Instrument	2020-00045187

Lender

Name	FIRST STATE BANK
Type	Bank
Address	HUMBOLDT, IA 50548

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	25 Months
Due	Oct 31, 2022

Tax Assessment & Valuation

Source: Polk County assessment roll, as of October 13, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Polk County
Municipality	Grimes City
Unified School District	Dallas Center-Grimes Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$3,240 Land $3,240	$3,240 Land $3,240
2024	$60.00
2023		$2,540 Land $2,540	$2,540 Land $2,540
2020	$50.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 550 SE Gateway Dr 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 August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	3 in force

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

Wildfire risk around 550 SE Gateway Dr 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 97% of the US · lower than 76% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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	GRIMES WATER SUPPLY serves 17,997 people · EPA ID IA7736011
Water Source	Groundwater
Last State Inspection	Jun 2023
Lead	Under 1 ppb (2021–2023) 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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 62 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	2,000 / 1,000
CenturyLink DSL · Fiber in parts of the area	140 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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