Official Madison County, Iowa website, the main site for all things related to County Government in Madison County, Iowa.


Real Estate And Tax Query Results

Parcel Information:

 
Parcel ID 060  060013220030000  00 Picture of Property
Location 1547  TIMBER RIDGE CT VAN METER
Tax District 060 000 LEE MARTENSDALE WFD
Map ID 000000432200008 
GIS ID
Class R  Residential
Acres
Gross
Taxable

9.97
9.41

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 010001187 DAVIS, GARY E JR & TIFFANY O 1547 TIMBER RIDGE CT VAN METER , IA

Legal Information

Legal Description1 Section: 32  Township: 77  Range: 26
LOT 3 9.97A DONEGAL HIGHLANDS  

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:  Homestead
(Applied 2024 AND 2025)

2023 Property Valuation:

(Payable in 2024 AND 2025)
Property
Type
Assessed
Value
Taxable
Value
Land 82,300 38,140
Bldgs 224,200 103,901
Gross Totals 306,500 142,041
Military Credit 0 0
Net Totals 306,500 142,041

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  00715 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  00715 258,400 141,216 $4,044.00 143.81          
2022/2023  00713 258,400 139,872 $3,828.00 137.50          
2021/2022  00703 237,600 134,029 $4,002.00            
2020/2021  00693 352,000 193,862 $5,790.00            
2019/2020  00732 324,900 184,926 $5,538.00            
2018/2019  00721 324,900 180,713 $5,438.00            
2017/2018  00697 307,000 174,803 $5,102.00 145.62          
2016/2017  00703 321,400 178,781 $5,034.00 140.35          
2015/2016  00698 307,700 171,492 $4,802.00 139.74          
2014/2015  00691 307,700 167,389 $4,850.00 144.72          
2013/2014  00692 314,600 166,161 $4,830.00 145.21          
2012/2013  00674 314,600 159,665 $4,678.00 113.54          
2011/2012  00683 343,400 166,652 $5,136.00 95.91          
2010/2011  00691 343,400 161,087 $4,964.00 97.51          
2009/2010  00689 343,400 156,554 $4,466.00 103.32          
2008/2009  00675 343,400 151,372 $4,282.00            
2007/2008  00651 168,300 76,677 $2,226.00            
2006/2007  00630 23,100 10,625 $308.00            
2005/2006  00619 2,900 2,900 $78.00       4.06    
2004/2005   00592 2,900 2,900 $78.00       4.80    
2003/2004   00574 2,900 2,900 $78.00       4.93    

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  
MARTENSDALE-ST 52.805% 2,135.38 2,113.08 3,245,474.00 3,127,972.00
COUNTY 31.689% 1,281.50 1,115.96 8,725,017.00 7,488,108.00
HOSPITAL 9.321% 376.96 356.55 2,900,142.00 2,721,613.00
DMACC-AREA 11 2.509% 101.48 93.77 41,019,999.00 36,929,401.00
LEE WFD 1.748% 70.70 70.06 22,264.00 21,574.00
ASSESSOR 1.068% 43.21 44.31 332,420.00 338,254.00
AG EXTENSION .854% 34.52 33.95 265,552.00 259,171.00
BRUCELLOSIS .006% .25 .32 354,498.00 462,458.00
Totals 100% 4,044.00

Tax Calculation 2023-2024

Assessed Value 258,400

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 141,216
- Military Exemption 0
= Taxable Value 141,216
X 2023 Levy Rate 29.6524300
= Gross Taxes Due 4,187.40
- Homestead Credit 143.81
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 4,044.00

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
1  BYBLOS CORPORATION
2  NONG SULIM
1  PINEAPPLE HOMES
WARRANTY DEED 2006
2945
7/18/2006
7/14/2006
    2945
1  NONG SULIM
1  MADISON COUNTY SHERIFF
1  METABANK
1  FEDERAL NATIONAL MTG ASSN
1  USA
2  FEDERAL NATIONAL MTG ASSN
2  USA
SHERIFF'S DEED 2019
1401
5/16/2019
5/13/2019
    1401
1  NONG SULIM
1  MADISON COUNTY SHERIFF
1  METABANK
1  FEDERAL NATIONAL MTG ASSN
2  US BANK TRUST NA TR
2  CHALET SERIES III TRUST
SHERIFF'S DEED 2019
1508
5/23/2019
5/20/2019
    1508
1  US BANK TRUST NA TR
2  DAVIS GARY E JR
2  DAVIS TIFFANY O
1  CHALET SERIES III TRUST
1  SN SERVICING CORP AIF
WARRANTY DEED 2020
1288
4/16/2020
3/11/2020
    1288

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 04/21/2024

This site designed, developed, hosted and maintained by 'Solutions, Inc.'

Disclaimer: Every effort is made to insure accurate information is posted to this site. However, Madison County does not warrant or guarantee the accuracy, reliability or timeliness of the content on this site or content which is referenced by or linked to this site. Redistribution of data from this site for commercial purposes is prohibited!.!.!