2404 SE 7TH ST — Polk County parcel 7824.15.254.015
Map of parcel 7824.15.254.015. Center: latitude 41.5643, longitude -93.6044. Use arrow keys to pan and the plus/minus keys to zoom once focused.
Polk County · 2026 tax sale · GovEase lot 1340last year's list
2404 SE 7TH ST
DES MOINES IA 50315
7824.15.254.015 · alt 010.00112.000.000
Sold at tax sale · winning bid 24%
Bought by a bidder at the live sale — no longer biddable. Kept for history.
Redemption likelihoodHigh
Likely to redeem — favors the interest-yield play.
Modeled estimate · not a guarantee
Owed
$305
tax year 2026 · face value
Assessed
$14k
total · land + improvements
Value-to-debt
1 : 47strong
$1 of debt secures $47 of asset
Lot
0.13 ac
5,561 sf · 344 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 flagsVacant / land onlyFederal liens not checkedSpecial assessments not checkedOwner's mail goes to the property
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
1 certificate · Treasurer
Redeemerredeemed 1 of 1 resolved · median 401 days to redeem · 1 delinquent year (2022)
Tax year 2022Redeemedcert 2024-1520
Sold Jun 17, 2024 for $134 · redeemed Jul 23, 2025 (401 days)
Paid $495 to redeem · $75 interest to the certificate holder · by KALOIDES, WAYNE J
Who owns it
2 sources agree on identity
Owner names as reported by independent public records — discrepancies may indicate recent transfers or data lag.
Auction list says…
Assessor says…
KALOIDES, WAYNE J & KALOIDES, ALICE
Treasurer says…
KALOIDES, WAYNE J
Mailing: KALOIDES, ALICE 2404 SE 7TH ST DES MOINES IA 50315-7403
Owners of record · Assessor
KALOIDES, WAYNE JTitle Holder1973-02-084350/861
KALOIDES, ALICETitle Holder
Property details
Assessor
Location
- Address
- 2404 SE 7TH ST
- City
- DES MOINES
- Zip
- 50315
- Jurisdiction
- Des Moines
- District/Parcel
- 010/00112-000-000
- Geoparcel
- 7824-15-254-015
- Status
- Active
- School
- Des Moines
- Nbhd/Pocket
- DM26/Z
- Tax Authority Group
- DEM-C-DEM-770131
- Submarket
- South Des Moines
- Appraiser
- Joseph Peterson, 515-286-3011
Land
- Square Feet
- 5,572
- Acres
- 0.128
- Frontage
- 43
- Depth
- 129
- Topography
- Normal
- Shape
- Rectangle
- Vacancy
- Yes
- Unbuildable
- No
Lot dimensions
GIS · centroid 41.5643, -93.6044
Acres: 0.128
Lot sqft: 5,561
Perimeter: 344 ft
Zoning
1 record · Assessor
| Zoning | Description | SF | Assessor Zoning |
|---|---|---|---|
| N3B | N3b Neighborhood District | — | Residential |
Tax assessment history
17 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
$3,580
$0
$3,580
Residential
~$66
+12.2%
1997
$3,190
$0
$3,190
Residential
~$59
+10.0%
1995
$2,900
$0
$2,900
Residential
~$54
+7.0%
1993
$2,710
$0
$2,710
Residential
~$50
—
Property tax is the actual net tax billed by the Polk Treasurer (before any late interest or fees). Values prefixed "~" are estimated (assessed × Iowa rollback × consolidated levy) for years not yet billed or predating the online record. Use the county's official tax estimator →
If you bid & win
Lien purchase$305
Interest rate2% / mo (≈24% / yr)
SaleJun 2026
Earliest redemption noticeMar 2028
Earliest deed eligibilityJun 2028
Certificate hard capJun 2029
If redeemed at 12 mo$378+$73 interest
If redeemed at its history avg~401 days → Jul 2027 · 14 mo$390+$85 interest
If taken to deed$14k 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 $6/moschedule
1 year12 mo · $378 total+$73
Redemption notice21 mo · $433 total+$128
Deed eligibility24 mo · $451 total+$146
Hard cap36 mo · $525 total+$220
marks the statutory milestones from the timeline above. Flat 2%/mo on the $305 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.