863 Hwy 3, Latimer, IA 50452 Property Records

Franklin County property record for 863 Hwy 3, Latimer, IA 50452

Property Summary

Property Type	Rural Home
Details	4 bd · 2 ba · 2,416 sqft · built 1910
Lot Size	10.6 acres (462,607 sqft)
Owner	2 Individual Names on File
Last Sale	$708,500 (Dec 2023)
Tax Bill	$4,200 (2025)
Deeds & Mortgages	Dec 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`063220000700`

Property Details

APN / Parcel Number

Primary APN	`063220000700`
Alternative APN	`0632200007`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	2,416 sqft Living Area
1st Floor Area	960 sqft
Basement Area	960 sqft
Unfinished Basement	960 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1910
Exterior Material	Metal
Construction Type	Steel Frame
Roof Type	Hip
Roof Material	Metal
Lot Area	462,607 sqft (10.6 acres)
Garage Type	Mixed
Garage Area	1,224 sqft
Parking Spaces	4 Parking Spaces
Porch	Slab
Porch Area	224 sqft
Patio Area	120 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating Fuel	Geothermal

Location & Zoning

Street Address	863 HIGHWAY 3
City	LATIMER
State	IA
Zip	50452-7549
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	TR NE1/4 COM NW COR (SEQ:1), NE;E 547.7' POB;E121 (SEQ:2), 3.53';S 456.21';W121 (SEQ:3), 3.53';N 456.21' POB (SEQ:4) AFF-2022-0775 (2022-04-19), TRD-2021-2439 (2021-12-27), AFF-2021-2438 (2021-12-27), TRD-2020-1678 (2020-10-12), AFF-2020-1677 (2020-1
Legal Range	21W
Legal Township	92N
Legal Section	32
Jurisdiction	FRANKLIN IA
Township / Civil Division	MARION
Census Block Group	2
Census Block	2000
Census Tract	360300

Owner

863 Hwy 3, a rural home, is owned and occupied by two individuals who bought it in December 2023.

Source: Franklin County records, as of September 1, 2026

Owner of Record	2 Individual Names on File
Mailing Address	863 HIGHWAY 3, LATIMER, IA 50452-7549
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

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 27, 2023 · Amount on File
Deed Sale	Dec 27, 2023 · Amount on File
Deed Document Number	20231970
Record Updated	Oct 29, 2026

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN IA
Property Address	863 HIGHWAY 3, LATIMER, IA 50452-7549
Transaction Type	Mortgage
Record Updated	Oct 31, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0020212440
Date	Dec 27, 2021
Instrument	20212440

Lender

Name	PEOPLES BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Dec 21, 2036

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 863 Hwy 3 was $4,200, down 11.7% from the year before.

Source: Franklin County assessment roll, as of October 7, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Franklin County
Unified School District	CAL Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,200.00 (-11.69%)	$358,400 Land $22,300 Building $336,100	$358,400 Land $22,300 Building $336,100
2024	$4,756.00
2023		$316,500 (+34.39%) Land $16,000 Building $300,500	$316,500 Land $16,000 Building $300,500
2022	$4,438.00 Homeowner's exemption Additional exemption filed	$235,500 Land $12,300 Building $223,200
2021			$235,500 Land $12,300 Building $223,200

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 863 Hwy 3 in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 26, 2016

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

Wildfire risk around 863 Hwy 3 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 99.1% of the US · lower than 91% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 1 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Rockwell Cooperative Telephone Fiber	1,000 / 1,000
Nextlink Fixed Wireless	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Router12 Networks Fixed Wireless	100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Hwy 3

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