1332 BUCHANAN ST — Polk County parcel 7824.03.227.025
Map of parcel 7824.03.227.025. Center: latitude 41.5987, longitude -93.6010. Use arrow keys to pan and the plus/minus keys to zoom once focused.
Polk County · 2025 tax sale · GovEase lot 508712last year's list
1332 BUCHANAN ST
DES MOINES IA 50316
7824.03.227.025 · alt 040.04724.000.000
Redemption likelihoodHigh
Likely to redeem — favors the interest-yield play.
Modeled estimate · not a guarantee
Owed
$762
tax year 2025 · face value
Assessed
$15k
total · land + improvements
Value-to-debt
1 : 19strong
$1 of debt secures $19 of asset
Lot
0.17 ac
7,519 sf · 401 ft perimeter
Opportunity
Measured scores — use the one that matches your goal.
Redemption yieldrecommended
If the owner redeems, you keep 2%/mo interest (§447.1) — the investment play.
Base7
Vacant / land only+6
Low assessed value (<$25k)+9
Total22
Acquire the deed
If the owner never redeems, you can acquire the property — the acquisition play.
Base1
Vacant / land only+1
Low assessed value (<$25k)+1
Total3
Risk flagsExisting unredeemed tax saleVacant / land onlyFederal liens not checkedSpecial assessments not checkedPrior tax-sale historyAbsentee owner
Flags reflect only what public county data exposes — an absent flag is not a guarantee. Items marked "not checked" need manual verification.
Tax-sale history
Treasurer
No prior tax-sale certificates on record — this is the parcel's first appearance at tax sale.
Who owns it
3 sources agree on identity
Owner names as reported by independent public records — discrepancies may indicate recent transfers or data lag.
Auction list says…
EMPIRE CONTRACTORS INC
Assessor says…
EMPIRE CONTRACTORS INC
Treasurer says…
EMPIRE CONTRACTORS INC
Mailing: EMPIRE CONTRACTORS INC 4040 WINDSOR CT DES MOINES IA 50320-1570
Owners of record · Assessor
Property details
Assessor
Location
- Address
- 1332 BUCHANAN ST
- City
- DES MOINES
- Zip
- 50316
- Jurisdiction
- Des Moines
- District/Parcel
- 040/04724-000-000
- Geoparcel
- 7824-03-227-025
- Status
- Active
- School
- Des Moines
- Nbhd/Pocket
- DM87/A
- Tax Authority Group
- DEM-C-DEM-770131
- Submarket
- Northeast Des Moines
- Appraiser
- Brett Tierney, 515-286-3019
Land
- Square Feet
- 7,500
- Acres
- 0.172
- Frontage
- 50
- Depth
- 150
- Topography
- Normal
- Shape
- Rectangle
- Vacancy
- Yes
- Unbuildable
- No
Lot dimensions
GIS · centroid 41.5987, -93.6010
Acres: 0.173
Lot sqft: 7,519
Perimeter: 401 ft
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
$61,500 · Mar 1, 2023 · to EMPIRE CONTRACTORS INC
EMPIRE CONTRACTORS INC ← SCOTT DEVELOPMENTS LLC
SCOTT DEVELOPMENTS LLC ← SCOTT, ANDREW K SCOTT, SUMMER L
SCOTT, ANDREW K ← NERVIG, JAMES E (Agent) GALLAGHER, MICHAEL D OLDHAM, MARGO
SCOTT, ANDREW K ← GALLAGHER, MICHAEL D OLDHAM, MARGO Also Known As GALLAGHER, ANNETTE MICHAEL D
Permits & assessment activity
2 records · Assessor
Permits and assessor field checks recorded against this parcel. “Pickup” rows are assessor reviews rather than building permits.
Year
Work
Status
Applied
2025
Remove · HOUSE(Permit)
Complete
2024-09-03
2014
Fix Damage · FOUNDATION(Permit)
No Add
2013-11-07
Zoning
1 record · Assessor
| Zoning | Description | SF | Assessor Zoning |
|---|---|---|---|
| NX1 | NX1 Neighborhood Mix District | — | Residential |
Tax assessment history
19 rolls · Assessor
Assessed value set by the Polk 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
1999
$7,040
$19,300
$26,340
Residential
~$489
+15.3%
1997
$6,110
$16,740
$22,850
Residential
~$424
+6.3%
1995
$5,750
$15,750
$21,500
Residential
~$399
+8.8%
1993
$5,290
$14,480
$19,770
Residential
~$367
+10.4%
1991
$5,290
$12,620
$17,910
Residential
~$332
+3.5%
1989
$5,290
$12,010
$17,300
Residential
~$321
—
Property tax is an estimate — assessed value × Iowa rollback (≈46% residential) × a representative Polk consolidated levy (~$40 per $1,000). Actual bills vary by district and year. Use the county's official tax estimator →
If you bid & win
Lien purchase$762
Interest rate2% / mo (≈24% / yr)
SaleJun 2025
Earliest redemption noticeMar 2027
Earliest deed eligibilityJun 2027
Certificate hard capJun 2028
If redeemed at 12 mo$945+$183 interest
If taken to deed$15k 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 $15/moschedule
1 year12 mo · $945 total+$183
Redemption notice21 mo · $1,082 total+$320
Deed eligibility24 mo · $1,128 total+$366
Hard cap36 mo · $1,311 total+$549
marks the statutory milestones from the timeline above. Flat 2%/mo on the $762 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.