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 820  820001012010000  00 Picture of Property
Location 406  2ND ST S WINTERSET
Tax District 820 000 WINTERSET CORP WINTERSET WFD
Map ID 000000731361002 
GIS ID
Class R  Residential
Acres
Gross
Taxable

.00
.00

Owner(s):

Ownership Type Owner Entity Name Address City and State
Deed 009999641 PAYNE, JERIN EDWARD 406 S. 2ND STREET WINTERSET , IA

Legal Information

Legal Description1 Section:   Township:   Range:
LOT 1 & 2 BLOCK 12 JONES ADDN.  

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 22,600 10,473
Bldgs 108,200 50,143
Gross Totals 130,800 60,616
Military Credit 0 0
Net Totals 130,800 60,616

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  15237 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  15237 105,500 57,656 $2,410.00            
2022/2023  15195 105,500 57,107 $2,414.00            
2021/2022  15128 114,500 64,588 $2,818.00            
2020/2021  15025 114,500 63,060 $2,746.00            
2019/2020  14999 112,700 64,146 $2,796.00            
2018/2019  14953 112,700 62,685 $2,664.00            
2017/2018  15197 105,100 59,843 $2,528.00            
2016/2017  14831 105,100 58,463 $2,480.00            
2015/2016  14726 100,900 56,235 $2,356.00            
2014/2015  14708 100,900 54,890 $2,148.00 208.26          
2013/2014  13451 105,100 55,510 $2,212.00 211.76          
2012/2013  15013 105,100 53,340 $2,194.00 167.41          
2011/2012  15003 134,200 65,127 $2,778.00 136.77          
2010/2011  14117 134,200 62,953 $2,746.00 142.37          
2009/2010  14122 134,200 61,181 $2,508.00 154.02          
2008/2009  14103 134,200 59,155 $2,306.00 144.70          
2007/2008  14048 122,000 55,583 $2,134.00 145.21          
2006/2007  13986 122,000 56,115 $2,220.00 158.28          
2005/2006  13935 107,000 51,322 $2,032.00 161.75          
2004/2005   14045 107,000 51,848 $2,056.00 168.58          
2003/2004   13920 95,000 48,818 $1,924.00 177.40          
2002/2003   13970 95,000 49,084 $1,922.00 187.65          
2001/2002   13856 102,400 57,616 $2,118.00 194.70          
2000/2001   13771 118,700 65,110 $2,354.00 189.41          
1999/2000   13722 79,700 45,014 $1,504.00 181.70          
1998/1999   13745 67,300 36,954 $1,140.00 172.34          
1997/1998   13623 48,120 28,308 $840.00 173.56          
1996/1997   13416 33,400 19,812 $536.00 173.83          
1995/1996   13315 22,100 14,919 $374.00 180.54          
1994/1995   13270 6,300 4,287 $164.00            
1993/1994   13205 5,900 4,289 $170.00            
1992/1993   13158 5,650 4,128 $158.00            
1991/1992   13107 4,910 3,902 $142.00            
1990/1991   13742 4,910 3,920 $138.00            
1989/1990   13054 4,910 3,959 $134.00            

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  
WINTERSET SCH 38.620% 930.71 969.05 10,082,520.00 10,454,051.00
WINTERSET CORP 38.228% 921.30 943.48 3,351,332.00 3,543,141.00
COUNTY 13.391% 322.73 277.78 5,894,837.00 5,036,532.00
HOSPITAL 6.614% 159.39 150.79 2,900,142.00 2,721,613.00
DMACC-AREA 11 1.780% 42.91 39.66 41,019,999.00 36,929,401.00
ASSESSOR .758% 18.27 18.74 332,420.00 338,254.00
AG EXTENSION .605% 14.59 14.36 265,552.00 259,171.00
BRUCELLOSIS .004% .10 .14 354,498.00 462,458.00
Totals 100% 2,410.00

Tax Calculation 2023-2024

Assessed Value 105,500

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 57,656
- Military Exemption 0
= Taxable Value 57,656
X 2023 Levy Rate 41.7934000
= Gross Taxes Due 2,409.64
- Homestead Credit .00
- Ag Land Credit .00
- Family Farm Credit .00
- Elderly Credit .00
- BPT Credit .00
- Future Payments .00
= Net Taxes Due9 2,410.00

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  BEOUGHER JOANN M
1  BEOUGHER THOMAS L
2  PAYNE JERIN E
2  PAYNE COURTNEY
WARRANTY DEED 2014
1526
6/27/2014
6/22/2014
    1526
1  PAYNE COURTNEY ELIZABETH
2  PAYNE JERIN EDWARD
QUIT CLAIM DEED 2018
1385
5/04/2018
5/02/2018
    1385

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 04/23/2024

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!.!.!