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Real Estate Recorder Tax Sale Plat Map Appraisal Data

Real Estate And Tax Query Results

Parcel Information:

Parcel ID	850 850000506080000 00
Location	240 LOCUST NW EARLHAM
Tax District	850 000 EARLHAM CORP EARLHAM
Map ID	000000206310002
GIS ID
Class	R Residential
Acres Gross Taxable	.00 .00

Owner(s):

Ownership Type	Owner Entity	Name	Address	City and State
Deed	009999766	FRANK, MICHAEL J &	1102 ELMWOOD LN	EARLHAM , IA

Legal Information

Legal Description¹	Section: Township: Range:
LOTS 10 & S1/2 LOT11	BLOCK 6	ACADEMY ADDITION

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	13,100	6,071
Bldgs	10,500	4,866
Gross Totals	23,600	10,937
Military Credit	0	0
Net Totals	23,600	10,937

Current Real Estate Tax Liabilities:
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Year Payable	Receipt Number²		1st Half		2nd Half	Notes
Year Payable	Receipt Number²	Due	Amount	Due	Amount	Notes
2023/2024	16626	09/30/2023	.00	03/31/2024	.00

Valuation History

Year Payable	Receipt Number²	100% Value	Rollback Value	Tax Dollars	Credits
Year Payable	Receipt Number²	100% Value	Rollback Value	Tax Dollars	Homestead	Military	Family Farm	Ag Land	Elderly	BPTC
2023/2024	16626	23,600	12,897	$490.00
2022/2023	16559	23,600	12,775	$458.00
2021/2022	16499	22,300	12,580	$476.00
2020/2021	16405	57,200	31,503	$1,254.00
2019/2020	16388	53,200	30,280	$1,208.00
2018/2019	16307	53,200	29,590	$1,174.00
2017/2018	16137	49,400	28,128	$1,112.00
2016/2017	16341	49,400	27,479	$1,078.00
2015/2016	16216	49,400	27,532	$1,050.00
2014/2015	16258	49,400	26,874	$986.00
2013/2014	16298	57,500	30,369	$1,116.00
2012/2013	16034	57,500	29,182	$1,092.00
2011/2012	15983	64,300	31,204	$1,168.00
2010/2011	16021	64,300	30,163	$1,136.00
2009/2010	16028	64,300	29,314	$1,104.00
2008/2009	15993	64,300	28,344	$1,092.00
2007/2008	15916	58,400	26,607	$1,022.00
2006/2007	15758	58,400	26,862	$1,006.00
2005/2006	15696	58,100	27,867	$1,068.00
2004/2005	15697	58,100	28,153	$1,044.00
2003/2004	15545	52,800	27,132	$832.00	149.03
2002/2003	15594	52,800	27,280	$802.00	152.89
2001/2002	15472	38,700	21,774	$528.00	151.09
2000/2001	15385	38,700	21,228	$566.00	167.65
1999/2000	15296	35,800	20,220	$540.00	170.71
1998/1999	15153	35,800	19,658	$504.00	164.84
1997/1998	15004	31,400	18,473	$480.00	171.10
1996/1997	14665	31,400	18,626	$482.00	169.70
1995/1996	14644	26,200	17,687	$472.00	177.97
1994/1995	14578	26,200	17,827	$486.00	181.64
1993/1994	14488	24,500	17,812	$496.00	n/a
1992/1993	14434	19,880	14,525	$350.00	n/a
1991/1992	14393	17,290	13,739	$314.00	n/a
1990/1991	14330	17,290	13,806	$294.00	n/a
1989/1990	14333	17,290	13,942	$290.00	n/a

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
EARLHAM CORP	39.388%	193.00	177.81	786,490.00	745,773.00
EARLHAM SCHOOL	35.180%	172.38	168.15	2,956,291.00	2,787,994.00
COUNTY	14.710%	72.08	62.06	5,894,837.00	5,036,532.00
HOSPITAL	7.265%	35.60	33.69	2,900,142.00	2,721,613.00
DMACC-AREA 11	1.955%	9.58	8.86	41,019,999.00	36,929,401.00
ASSESSOR	.833%	4.08	4.19	332,420.00	338,254.00
AG EXTENSION	.665%	3.26	3.21	265,552.00	259,171.00
BRUCELLOSIS	.004%	.02	.03	354,498.00	462,458.00
Totals	100%	490.00

Tax Calculation 2023-2024

Assessed Value

23,600

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

12,897

- Military Exemption

= Taxable Value

12,897

X 2023 Levy Rate

38.0496700

= Gross Taxes Due

490.73

- Homestead Credit

.00

- Ag Land Credit

.00

- Family Farm Credit

.00

- Elderly Credit

.00

- BPT Credit

.00

- Future Payments

.00

= Net Taxes Due⁹

490.00

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 COOPER HELEN M 2 SHULTICE STEPHANIE	WARRANTY DEED	2007 1210	3/26/2007 3/14/2007	1210
1 COOPER STEPHANIE 1 IOWA STATE OF 1 SHEETS STEPHANIE ROSS 1 SHULTICE STEPHANIE 1 COOPER CODY R 1 COOPER CODY 1 CHILD SUPPORT REC UNIT 1 MADISON COUNTY SHERIFF 2 NEW PENN FIN LLC 2 SHELLPOINT MORTGAGE SERV	SHERIFF'S DEED	2018 908	3/26/2018 3/01/2018	908
1 NEW PENN FIN LLC 1 SHELLPOINT MORTGAGE SERV 2 FEDERAL HOME LOAN MTG CORP	WARRANTY DEED	2018 1136	4/11/2018 4/10/2018	1136
1 FEDERAL HOME LOAN MTG CORP 2 FRANK MICHAEL J 2 ZIMMERMAN TERRI L FRANK 2 FRANK TERRI L ZIMMERMAN 1 STEWART LENDER SERV INC AIF	WARRANTY DEED	2018 2068	7/02/2018 6/22/2018	2068

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 04/25/2024

[Real Estate]

[Recorder]

[Tax Sale]

[Plat Map]

[Appraisal Data]

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