988 40th St, Alden, IA 50006 Property Records

Franklin County property record for 988 40th St, Alden, IA 50006

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,529 sqft · built 1905
Lot Size	4.84 acres (210,830 sqft)
Owner	2 Individual Names on File
Last Sale	$140,000 (Feb 2022)
Tax Bill	$1,492 (2025)
Deeds & Mortgages	Nov 2023 Line of Credit Feb 2022 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`142140000400`

Property Details

APN / Parcel Number

Primary APN	`142140000400`
Alternative APN	`1421400004`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,529 sqft Living Area
1st Floor Area	384 sqft
Basement Area	192 sqft
Unfinished Basement	192 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1905
Effective Year Built	Effective 1905
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Metal
Lot Area	210,830 sqft (4.84 acres)
Lot Dimensions	428 ft deep x 525 ft wide

Exterior Amenities

Porch	Porch
Porch Area	78 sqft
Deck Area	128 sqft
Patio Area	224 sqft
Shed	1 Shed

Utilities, Heating & Cooling

Cooling System	None
Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Septic
Water Source	Well

Location & Zoning

Street Address	988 40TH ST
City	ALDEN
State	IA
Zip	50006-8007
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	TR 525' X 428' IN E (SEQ:1), 1/2 SE COM AT SW (SEQ:2), COR (SEQ:3) WD-2022-0289 (2022-02-16), AJT-2022-0288 (2022-02-16), REC-#95-1291 ()
Legal Range	21W
Legal Township	90N
Legal Section	21
Jurisdiction	FRANKLIN IA
Township / Civil Division	LEE
Census Block Group	2
Census Block	2159
Census Tract	360300

Owner

988 40th St is owned and occupied by two individuals who bought it in February 2022.

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

Owner of Record	2 Individual Names on File
Mailing Address	988 40TH ST, ALDEN, IA 50006-8007
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
Nov 6, 2023	Deed of Trust, Mortgage · Line of Credit IOWA FALLS STATE BANK
Feb 16, 2022	Warranty Deed, Transfer
Feb 16, 2022	Affidavit of Death of Joint Tenant, Transfer · Conventional Mortgage IOWA FALLS STATE BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 16, 2022 · Amount on File
Deed Sale	Feb 16, 2022 · Amount on File
Deed Document Number	2022289
Record Updated	Oct 29, 2026

November 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN IA
Property Address	988 40TH ST, ALDEN, IA 50006-8007
Transaction Type	Mortgage
Record Updated	Dec 18, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0020231665
Date	Nov 6, 2023
Instrument	20231665

Lender

Name	IOWA FALLS STATE BANK
Type	Bank
Address	IOWA FALLS, IA 50126

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Nov 15, 2028

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FRANKLIN IA
Recording Date	Feb 16, 2022
Property Address	988 40TH ST, ALDEN, IA 50006-8007
Document Number	0020220289
Instrument Date	Feb 1, 2022
Instrument	20220289
Transaction Type	Transfer
Record Updated	Jun 1, 2023

Transaction

Amount	Amount on Record
Tax	$223.20
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	988 40TH ST, ALDEN, IA 50006-8007

February 2022: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	FRANKLIN IA
Recording Date	Feb 16, 2022
Property Address	988 40TH ST, ALDEN, IA 50006-8007
Document Number	0020220288
Instrument Date	Nov 16, 2021
Instrument	20220288
Transaction Type	Transfer
Record Updated	Mar 3, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	988 40TH ST, ALDEN, IA 50006-8007

Mortgage

Document Number	0020220290
Date	Feb 16, 2022
Instrument	20220290

Lender

Name	IOWA FALLS STATE BANK
Type	Bank

Agreement

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

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 988 40th St was $1,492, up 9.1% 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	Iowa Falls Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,492.00 (+9.06%)	$127,700 Land $53,000 Building $74,700	$127,700 Land $53,000 Building $74,700
2024	$1,368.00
2023		$109,800 (+24.63%) Land $43,400 Building $66,400	$109,800 Land $43,400 Building $66,400
2022	$1,314.00 Homeowner's exemption	$88,100 Land $31,500 Building $56,600
2021			$88,100 Land $31,500 Building $56,600

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

Flood

FEMA maps place 988 40th St 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

The area around 988 40th 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 4 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Nextlink Fixed Wireless	500 / 100
GigFire Fixed Wireless	150 / 130
CNS Internet Services Fixed Wireless	45 / 15
T-Mobile Fixed Wireless	25 / 3

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