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Real Estate And Tax Query Results

Parcel Information:

 
Parcel ID 120  120022988026000  00 Picture of Property
Location 2391  148TH ST WINTERSET
Tax District 120 000 JEFFERSON VAN METER WFD
Map ID 000000329400015 
GIS ID
Class R  Residential
Acres
Gross
Taxable

4.66
4.14

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 010002937 IOWA COMMERCIAL PROPERTIES, LLC 24725 V AVE DALLAS CENTER , IA

Legal Information

Legal Description1 Section: 29  Township: 77  Range: 27
PARCEL B SE SE 4.66A    

1NOTE: Legal descriptions on the web may have been shortened for computer purposes, therefore, they cannot be used for legal matters. Please contact the proper office for full legal descriptions.

Credits and Exemptions:  (none)
(Applied 2024 AND 2025)

2023 Property Valuation:

(Payable in 2024 AND 2025)
Property
Type
Assessed
Value
Taxable
Value
Land 71,000 32,903
Bldgs 353,800 163,961
Gross Totals 424,800 196,864
Military Credit 0 0
Net Totals 424,800 196,864

Current Real Estate Tax Liabilities:  
  click here to pay taxes on line
Year     
Payable
Receipt  
Number2
  1st Half   2nd Half Notes
Due Amount Due Amount
2023/2024  01510 09/30/2023 .00 03/31/2024 .00  

Valuation History

Year     
Payable
Receipt  
Number2
100%  
Value
Rollback
Value  
Tax     
Dollars
Credits
Homestead Military Family Farm Ag Land Elderly BPTC
2023/2024  01510 335,400 183,297 $5,518.00            
2022/2023  01503 335,400 181,552 $5,222.00            
2021/2022  01526 323,800 182,653 $.00 5,527.65          
2020/2021  01501 323,800 178,331 $.00 5,408.15          
2019/2020  01509 297,700 169,444 $4,908.00 146.29 1,852        
2018/2019  01496 278,400 154,849 $4,568.00 147.69          
2017/2018  01464 229,900 130,903 $3,826.00 147.24          
2016/2017  01455 229,900 127,884 $3,598.00 141.80          
2015/2016  01445 221,100 123,227 $3,392.00 139.00          
2014/2015  01441 221,100 120,279 $3,294.00 138.42          
2013/2014  01437 228,900 120,897 $3,322.00 138.85          
2012/2013  01435 228,900 116,171 $3,274.00 110.20          
2011/2012  01443 240,300 116,617 $3,508.00 94.40          
2010/2011  01449 240,300 112,723 $3,390.00 95.98          
2009/2010  01447 240,300 109,551 $3,172.00 105.95          
2008/2009  01431 240,300 105,925 $3,026.00 103.16          
2007/2008  01408 205,700 93,716 $2,680.00 105.25          
2006/2007  01384 203,300 93,510 $2,648.00 110.13          
2005/2006  01372 167,800 80,484 $2,266.00 111.71          
2004/2005   01345 167,800 81,308 $2,270.00 115.26          
2003/2004   01321 47,700 24,512 $594.00 120.02          
2002/2003   01394 500 500 $14.00       .52    
2001/2002   01351 500 500 $14.00       .61    
2000/2001   01331 500 482 $14.00       .68    
1999/2000   01312 500 500 $12.00       .23    
1998/1999   01299 200 193 $4.00       .27    

Note   n/a indicates that a credit exists but the dollar amount of the credit is not available.

Current Tax Levy on the Property - Distribution of Funds:

    Taxing
    Entity
Percent of
Tax Dollars
Current
Dollars 
Last Year
Dollars  
County Wide
Current    
County Wide
Last Year  
VAN METER SCH 53.442% 2,949.00 2,921.36 5,115,968.00 4,390,039.00
COUNTY 31.214% 1,722.38 1,500.52 8,725,017.00 7,488,108.00
HOSPITAL 9.182% 506.64 479.42 2,900,142.00 2,721,613.00
DMACC-AREA 11 2.472% 136.39 126.09 41,019,999.00 36,929,401.00
JEFFERSON WFD 1.791% 98.80 88.94 15,724.00 14,016.00
ASSESSOR 1.052% 58.07 59.58 332,420.00 338,254.00
AG EXTENSION .841% 46.39 45.65 265,552.00 259,171.00
BRUCELLOSIS .006% .33 .44 354,498.00 462,458.00
Totals 100% 5,518.00

Tax Calculation 2023-2024

Assessed Value 335,400

The assessed value is set by the assessor. The assessed value is multiplied by a rollback factor resulting in the Net Assessed Value.

8The rollback factor varies for each parcel, consequently it is not possible to display a single rollback percentage. (The County Auditor can supply the actual rollback(s) for each parcel.)

The Military exemption, if any, is subtracted from the Net Assessed Value giving the Taxable Value.

The Levy Rate (%) is set annually by the state. Gross Taxes Due are calculated by multiplying the taxable value by the Levy Rate.

From the Gross Taxes Due several credits may be given. These include the Homestead Credit, Elderly Credit (determined by income), Agriculture Land Credit, Family Farm, (percent of value), and Business Property Tax Credits.

Finally, any future payments are subtracted from the Gross Taxes Due. This yields the Net Taxes Due which are rounded to the nearest even dollar. Taxes are payable in two installments due on Sept 30, 2023 and on March 31, 2024

X Roll Back Factor8  
= Net Assessed Value 183,297
- Military Exemption 0
= Taxable Value 183,297
X 2023 Levy Rate 30.1041100
= Gross Taxes Due 5,517.99
- Homestead Credit .00
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 5,518.00

9Additional information on Iowa property taxes is available by accessing the Iowa Department of Revenue and Finance website.

Recorded Documents

Grantor/Grantee
Type3  Name
Document Type
    Legal Desc4
Book
Page
Rec Date 
Inst Date
Document
Number
Document not online, inquire at recorder's office.
1  HAMILTON MICHAEL W
1  HAMILTON ANGELICA H
2  MORISET TOBIAS R
2  MORISET KRYSTAL F
WARRANTY DEED 2017
2711
8/29/2017
8/25/2017
    2711
1  MORISET KRYSTAL F
2  MORISET TOBIAS R
QUIT CLAIM DEED 2018
2198
7/11/2018
6/14/2018
    2198
1  MORISET TOBIAS R
1  MADISON COUNTY SHERIFF
1  MORISET MELISSA JO
1  CALIBER HOME LOANS INC
2  CALIBER HOME LOANS INC
SHERIFF'S DEED 2021
1453
4/08/2021
4/01/2021
    1453
1  CALIBER HOME LOANS INC
2  FREEDOM MORTGAGE CORP LLC
2  FREEDOM MORTGAGE CORP
QUIT CLAIM DEED 2021
1618
4/20/2021
4/15/2021
    1618
1  FREEDOM MORTGAGE CORP
2  VETERANS AFFAIRS SECY
2  USA
WARRANTY DEED 2021
1924
5/11/2021
4/21/2021
    1924
1  VETERANS AFFAIRS SECY
1  USA
2  FREEDOM MORTGAGE CORP
QUIT CLAIM DEED 2021
3947
9/21/2021
9/14/2021
    3947
1  FREEDOM MORTGAGE CORP
2  IOWA COMMERCIAL PROPERTIES LLC
WARRANTY DEED 2022
691
3/08/2022
2/17/2022
    691

2 Adobe Acrobat Reader 7.0 or later recomended for viewing documents.
3A "1" indicates a grantor and a "2" the grantee. The entity receiving an interest in a property is the GRANTEE. A GRANTOR is the entity that is selling or giving up an interest in a property.
4NOTE: Legal descriptions on the web may have been shortened for computer purposes, therefore, they cannot be used for legal matters. Please contact the proper office for full legal descriptions.


Information current through close of business 04/17/2024

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