140 AVE — Clinton County parcel 4802600002
Aerial + parcel
Mapbox Satellite · parcel via Clinton GIS
Redemption likelihoodHigh
Likely to redeem — favors the interest-yield play.
Low confidence · limited data for Clinton
Owed
$1,149
tax year 2026 · face value
Assessed
$84k
total · land + improvements
Value-to-debt
1 : 73strong
$1 of debt secures $73 of asset
Lot
48.68 ac
— · —
Opportunity
Measured scores — use the one that matches your goal.
Outcome scores aren't shown for this county yet. The weights are calibrated only where we have dated tax-sale history (Polk today), so we don't fabricate a likelihood elsewhere. The risk flags below still apply.
Risk flagsNo parcel geometryVacant / land onlyFederal liens not checkedSpecial assessments not checked
Flags reflect only what public county data exposes — an absent flag is not a guarantee. Items marked "not checked" need manual verification.
Who owns it
1 source
Owner names as reported by independent public records — discrepancies may indicate recent transfers or data lag.
Auction list says…
Assessor says…
REEMTSMA PHILLIP C
mismatches Treasurer
Treasurer says…
—
Title & transfer history
4 transfers · Assessor
Recorded deed chain joined to sale prices. Shows ownership only — not mortgages or liens, which the assessor does not publish.
Last market sale
$1,092,500 · 11/04/2010 · to TROWBRIDGE JOHN R & EDWARD R; | WENDT ANN TROWBRIDGE;
11/04/2010Deed$1,092,5002010/10073
TROWBRIDGE JOHN R & EDWARD R; | WENDT ANN TROWBRIDGE; ← —
11/04/2010Deed$1,092,5002010-10073
BUSCH WAYNE L & KATHLEEN A ← TROWBRIDGE JOHN R & EDWARD R;WENDT ANN TROWBRIDGE;
04/10/2024Deed$438,1202024-01702
REEMTSMA PHILLIP C ← BUSCH WAYNE L & KATHLEEN A
04/05/2022Deed$514,4702022-02619
REEMTSMA PHILLIP C ← BUSCH WAYNE L & KATHLEEN A
More assessor data
Assessor
Summary
- Parcel Number
- 48-0260-0002
- Computer ID
- 01-14-400-009
- Deed Holder
- REEMTSMA PHILLIP C
- Class
- Ag Land
- Tax District
- 0540-MIDLAND-LN
- Sec-Twp-Rng
- 14-83-1
- Lot-Block
- -
- Deeded Acres
- 48.6800
- Legal Description
- 14-83-1 PARCEL "B" BEING PRT OF SE AS SHOWN ON PLAT OF SURVEY 2024-00905
- Property Report
- Property Report (PDF file)
- Tax Information
- Tax Information
- Online Military Signature
- Military Service Tax Exemption Application (54-146)
- Data Correction
- Online Property Changes & Updates
- Address Change
- Online Change of Mailing Address Form
- Sales Questionnaire
- Online Sales Questionnaire Form
- Buyer
- REEMTSMA PHILLIP C
- Seller
- BUSCH WAYNE L & KATHLEEN A
- Sale Date
- 04/10/2024
- Sale Amount
- $438,120
- Sale Type
- Deed
- Sales Code
- 26 - Split of Division
- Recording
- 2024-01702
- Remarks
- all of 48-02600001 & splits 48-02610000 & 48-02580001
- Additional Information
- Sale Information
Description / Acres / CSR Points
| Description | Acres | CSR Points |
|---|---|---|
| 163C2 - Fayette silt loam, 5 to 9 percent slopes, moderately eroded - (Taxable) | 14.150 | 1,018.80 |
| 163E3 - Fayette silty clay loam, 14 to 18 percent slopes, severely e - (Taxable) | 4.310 | 124.99 |
| 63E - Chelsea loamy fine sand, 9 to 18 percent slopes - (Taxable) | 1.220 | 6.10 |
| 11B - Colo-Ely complex, 0 to 5 percent slopes - (Taxable) | 3.750 | 322.50 |
| Adjustment: Colo-Ely complex, 0 to 5 perce | -3.750 | -157.96 |
| 162D2 - Downs silt loam, 9 to 14 percent slopes, moderately eroded - (Taxable) | 0.010 | 0.54 |
| Adjustment: Downs silt loam, 9 to 14 perce | -0.010 | -0.17 |
| 163C2 - Fayette silt loam, 5 to 9 percent slopes, moderately eroded - (Taxable) | 8.160 | 587.52 |
| Adjustment: Fayette silt loam, 5 to 9 perc | -8.160 | -254.57 |
| 163E3 - Fayette silty clay loam, 14 to 18 percent slopes, severely e - (Taxable) | 15.020 | 435.58 |
| Adjustment: Fayette silty clay loam, 14 to | -15.020 | 0.00 |
| 65F2 - Lindley loam, 18 to 25 percent slopes, moderately eroded - (Taxable) | 2.060 | 22.66 |
| Adjustment: Lindley loam, 18 to 25 percent | -2.060 | 0.00 |
Tax assessment history
2 rolls · Assessor
Assessed value set by the Clinton Assessor each roll year (Iowa revalues in odd-numbered years). Totals combine land and improvements; change is versus the prior roll. Linked years open the official assessment-roll notice.
Year
Land
Improvements
Total
Property tax
Change
2026
$84,030
$0
$84,030
Ag Land
~$2,113
0.0%
2025
$84,030
$0
$84,030
Ag Land
~$2,113
—
Property tax is an estimate — assessed value × Iowa rollback (≈46% residential) × a representative Clinton consolidated levy (~$40 per $1,000). Actual bills vary by district and year.
If you bid & win
Lien purchase$1,149
Interest rate2% / mo (≈24% / yr)
SaleJun 2026
Earliest redemption noticeMar 2028
Earliest deed eligibilityJun 2028
Certificate hard capJun 2029
If redeemed at 12 mo$1,425+$276 interest
If taken to deed$84k assetat a 100% bid
Iowa bids down the percentage of undivided ownership (§446.16, floor 1%). A contested parcel may convey only a fractional interest, so the deed play is realistic mainly when little or no competition bids it down.
Accrues $23/moschedule
1 year12 mo · $1,425 total+$276
Redemption notice21 mo · $1,632 total+$483
Deed eligibility24 mo · $1,701 total+$552
Hard cap36 mo · $1,976 total+$827
marks the statutory milestones from the timeline above. Flat 2%/mo on the $1,149 lien — each partial month counts whole (§447.1). Excludes subsequent taxes and recoverable costs.
Estimates only. Not legal or financial advice.
Data sources
Every fact on this page comes from a public county system. Click to view at source.
Rules & Iowa law
The statutes that govern tax sales, redemption, and deeds.