602 Grace Ave, Urbana, IA 52345 Property Records

Benton County property record for 602 Grace Ave, Urbana, IA 52345

Property Summary

Property Type	Single Family Home
Details	5 bd · 3 ba · 1,408 sqft · built 2004
Lot Size	0.297 acres (12,938 sqft)
Owner	2 Individual Names on File
Last Sale	$300,000 (Aug 2025)
Tax Bill	$5,378 (2026)
Deeds & Mortgages	May 2023 Mortgage Jan 2017 Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`20003420`

Property Details

APN / Parcel Number

Primary APN	`20003420`

Interior

Bedrooms	5 Beds
Full Baths	3 Baths
Total Rooms	10 Rooms
Stories	1 Story
Building Area	1,408 sqft Living Area
Basement Area	1,408 sqft
Finished Basement	1,408 sqft
Unfinished Basement	208 sqft
Game Room	Game Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Exterior Material	Vinyl
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Gable
Roof Material	Asphalt
Lot Area	12,938 sqft (0.297 acres)
Lot Dimensions	129 ft deep x 100 ft wide
Garage Type	Attached
Garage Area	554 sqft
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	24 sqft
Deck Area	120 sqft

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	602 GRACE AVE
City	URBANA
State	IA
Zip	52345-9124
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	RICH'S 8TH ADD LOT #19
Legal Range	09W
Legal Township	86N
Legal Section	34
Legal Subdivision	RICHS 8TH
Legal Lot Number	19
Jurisdiction	BENTON IA
Township / Civil Division	POLK
Census Block Group	1
Census Block	1063
Census Tract	960100

Owner

602 Grace Ave is owned and occupied by two individuals who bought it in August 2025.

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

Owner of Record	2 Individual Names on File
Mailing Address	602 GRACE AVE, URBANA, IA 52345-9124
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

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
May 16, 2023	Deed of Trust, Mortgage · Commercial Mortgage HILLS BANK & TRUST CO
Jan 25, 2017	Deed of Trust, Mortgage · Line of Credit BANKERS TRUST COMPANY NA
Jan 26, 2017	Deed of Trust, Mortgage · Conventional Mortgage BANKERS TRUST COMPANY NA
Apr 8, 2021	Deed of Trust, Mortgage · Conventional Mortgage BANKERS TRUST CO

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 29, 2025 · Amount on File
Deed Sale	Aug 29, 2025 · Amount on File
Prior Sale	Dec 16, 2008 · Amount on File
Deed Document Number	20253272
Record Updated	Oct 29, 2026

May 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IA
Property Address	602 GRACE AVE, URBANA, IA 52345-9124
Transaction Type	Mortgage
Record Updated	Jul 19, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000231599
Date	May 16, 2023
Instrument	23-1599

Lender

Name	HILLS BANK & TRUST CO
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IA
Property Address	602 GRACE AVE, URBANA, IA 52345-9124
Transaction Type	Mortgage
Record Updated	May 2, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00E17/0151
Date	Jan 25, 2017
Book Page	E17/0151

Lender

Name	BANKERS TRUST COMPANY NA
Type	Bank
Address	DES MOINES, IA 50309

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Jan 20, 2027

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IA
Property Address	602 GRACE AVE, URBANA, IA 52345-9124
Transaction Type	Mortgage
Record Updated	May 2, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00017/0202
Date	Jan 26, 2017
Book Page	17/0202

Lender

Name	BANKERS TRUST COMPANY NA
Type	Bank
Address	DES MOINES, IA 50309

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Feb 1, 2047

Interest

Rate Type	Adjustable Rate
Rate	3.62%
Adjustable	Adjustable Rate Rider
Type Change Date	Feb 1, 2027
Change Frequency	Annually
Min Rate At Change	2.75%
Max Rate At Change	5.62%
Index	1-Year CMT
Max Rate	8.62%

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IA
Property Address	602 GRACE AVE, URBANA, IA 52345-9124
Transaction Type	Mortgage
Record Updated	May 2, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000211659
Date	Apr 8, 2021
Instrument	21-1659

Lender

Name	BANKERS TRUST CO
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	May 1, 2051

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 602 Grace Ave was $5,378 with a homeowner's exemption.

Source: Benton County assessment roll, as of September 30, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Benton County
Municipality	Urbana City
Unified School District	Center Point-Urbana Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$5,378.00	$308,100 (-) Land $44,500 Building $263,600	$308,100 (-) Land $44,500 Building $263,600
2025		$308,100 Land $44,500 Building $263,600	$308,100 Land $44,500 Building $263,600
2024	$5,126.00
2023		$275,300 (+22.08%) Land $43,800 Building $231,500	$275,300 Land $43,800 Building $231,500
2022	$4,786.00 Homeowner's exemption	$225,500 Land $35,000 Building $190,500
2021			$225,500 Land $35,000 Building $190,500

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

Flood

FEMA maps place 602 Grace Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 22, 2023

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

The area around 602 Grace Ave 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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	URBANA WATER SUPPLY serves 1,562 people · EPA ID IA0680041
Water Source	Groundwater
Last State Inspection	Oct 2024
Lead	Under 1 ppb (2022–2024) 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 117 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
USA Communications Fiber	1,000 / 1,000

May also be available: GigFire.

Nearby Properties on Grace Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures