407 LELAND AVE — Polk County parcel 7824.28.476.008
Map of parcel 7824.28.476.008. Center: latitude 41.5284, longitude -93.6196. 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
407 LELAND AVE
DES MOINES IA 50315
7824.28.476.008 · alt 120.05397.000.000
Sold at tax sale · winning bid 100%
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
$349
tax year 2026 · face value
Assessed
$17k
total · land + improvements
Value-to-debt
1 : 48strong
$1 of debt secures $48 of asset
Lot
0.16 ac
6,984 sf · 363 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
Low assessed value (<$25k)+9
Chronic (5+ delinquent years)+6
Total22
Acquire the deed
If the owner never redeems, you can acquire the property — the acquisition play.
Base1
Low assessed value (<$25k)+1
Total2
Risk flagsRepeat delinquentFederal liens not checkedSpecial assessments not checkedAbsentee 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
5 certificates · Treasurer
Chronicredeemed 5 of 5 resolved · median 414 days to redeem · 5 delinquent years (2003–2012)
Tax year 2012Redeemedcert 2012-1670-12
Sold Jun 18, 2012 for $436 · redeemed Jun 14, 2013 (361 days)
Paid $149 to redeem · $129 interest to the certificate holder
Tax year 2009Redeemedcert 2009-2691-07
Sold Jun 15, 2009 for $632 · redeemed Aug 3, 2010 (414 days)
Paid $265 to redeem · $245 interest to the certificate holder
Tax year 2007Redeemedcert 2007-2352-06
Sold Jun 18, 2007 for $572 · redeemed May 29, 2008 (346 days)
Paid $200 to redeem · $180 interest to the certificate holder
Tax year 2006Redeemedcert 2006-2554-05
Sold Jun 19, 2006 for $183 · redeemed May 29, 2008 (710 days)
Paid $122 to redeem · $102 interest to the certificate holder
Tax year 2003Redeemedcert 2003-2933-04
Sold Jun 16, 2003 for $219 · redeemed Sep 13, 2005 (820 days)
Paid $470 to redeem · $450 interest to the certificate holder
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…
LARRY L HUGHES TRUST
Treasurer says…
LARRY L HUGHES TRUST
Mailing: LARRY L HUGHES TRUST 208 E 1ST ST ACKWORTH IA 50001-9642
Owners of record · Assessor
LARRY L HUGHES TRUSTTitle Holder
HUGHES, LARRY LTrustee
Property details
Assessor
Location
- Address
- 407 LELAND AVE
- City
- DES MOINES
- Zip
- 50315
- Jurisdiction
- Des Moines
- District/Parcel
- 120/05397-000-000
- Geoparcel
- 7824-28-476-008
- Status
- Active
- School
- Des Moines
- Nbhd/Pocket
- DM41/Z
- Tax Authority Group
- DEM-C-DEM-770131
- Submarket
- South Des Moines
- Appraiser
- Kelley Neumann, ICA 515-286-3326
Land
- Square Feet
- 7,000
- Acres
- 0.161
- Frontage
- 56
- Depth
- 125
- Topography
- Blank
- Shape
- Rectangle
- Vacancy
- Blank
- Unbuildable
- Blank
Lot dimensions
GIS · centroid 41.5284, -93.6196
Acres: 0.160
Lot sqft: 6,984
Perimeter: 363 ft
Building & structure detail
1 record · Assessor
Commercial Summary
- Occupancy
- Land Vacant
- Age, Weighted
- 0
- Total Story Height
- 0
- Land Area
- 7,000
- Gross Area
- 0
- Finished Area
- 0
- Unfinished Bsmt Area
- 0
- Finished Bsmt Area
- 0
- Number of Units
- 0
Permits & assessment activity
1 records · Assessor
Permits and assessor field checks recorded against this parcel. “Pickup” rows are assessor reviews rather than building permits.
Year
Work
Status
Applied
2005
Remove · RETAIL BUILDING (616 sf)(Permit)
Complete
2004-09-29
Zoning
1 record · Assessor
| Zoning | Description | SF | Assessor Zoning |
|---|---|---|---|
| N3A | N3a Neighborhood District | — | Residential |
Auditor adjustments
Exemptions & limitations · Assessor
| Category | Name | Information |
|---|---|---|
| 2025 Business Property Assessment Limitation | LARRY L HUGHES TRUST | Names and Unit Determination as of July 1, 2025 |
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
$4,400
$2,900
$7,300
Commercial
~$263
+2.8%
1995
$4,300
$2,800
$7,100
Commercial
~$256
+4.4%
1993
$4,100
$2,700
$6,800
Commercial
~$245
+3.0%
1991
$3,960
$2,640
$6,600
Commercial
~$238
—
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$349
Interest rate2% / mo (≈24% / yr)
SaleJun 2026
Earliest redemption noticeMar 2028
Earliest deed eligibilityJun 2028
Certificate hard capJun 2029
If redeemed at 12 mo$433+$84 interest
If redeemed at its history avg~530 days → Nov 2027 · 18 mo$475+$126 interest
If taken to deed$17k 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 $7/moschedule
1 year12 mo · $433 total+$84
Redemption notice21 mo · $496 total+$147
Deed eligibility24 mo · $517 total+$168
Hard cap36 mo · $600 total+$251
marks the statutory milestones from the timeline above. Flat 2%/mo on the $349 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.