7924.07.101.040 — Polk County parcel 7924.07.101.040
Map of parcel 7924.07.101.040. Center: latitude 41.6723, longitude -93.6954. 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
(no address)
None Listed IA None Listed
7924.07.101.040 · alt 241.00766.002.000
Redemption likelihoodLow
Unlikely to redeem — favors taking the deed (acquisition).
Modeled estimate · not a guarantee
Owed
$151
tax year 2026 · face value
Assessed
$7.6k
total · land + improvements
Value-to-debt
1 : 50strong
$1 of debt secures $50 of asset
Lot
0.22 ac
9,638 sf · 628 ft perimeter
Opportunity
Measured scores — use the one that matches your goal.
Redemption yield
If the owner redeems, you keep 2%/mo interest (§447.1) — the investment play.
Base7
Vacant / land only+6
Low assessed value (<$25k)+9
Chronic (5+ delinquent years)+6
Lost a parcel to tax deed before+11
Total39
Acquire the deedrecommended
If the owner never redeems, you can acquire the property — the acquisition play.
Base1
Vacant / land only+1
Low assessed value (<$25k)+1
Lost a parcel to tax deed before+10
Total13
Risk flagsRepeat delinquentVacant / 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.
Tax-sale history
2 certificates · Treasurer
Lost to deed2 went to tax deed · 2 delinquent years (2019–2021)
Tax year 2021Tax deed issuedcert 2023-1919
Sold Jun 21, 2023 for $142 · tax deed issued Aug 19, 2025
Tax year 2019Tax deed issuedcert 2021-1912
Sold Jun 22, 2021 for $199 · tax deed issued Aug 23, 2023
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…
THE BRIGHT TUMY LLC
Treasurer says…
THE BRIGHT TUMY LLC
Mailing: THE BRIGHT TUMY LLC 4302 129TH ST URBANDALE IA 50323-2480
Owners of record · Assessor
THE BRIGHT TUMY LLCTitle Holder2025-08-2020243/503
Property details
Assessor
Location
- City
- None Listed
- Zip
- None Listed
- Jurisdiction
- Johnston
- District/Parcel
- 241/00766-002-000
- Geoparcel
- 7924-07-101-040
- Status
- Active
- School
- Johnston
- Nbhd/Pocket
- JH02/C2
- Tax Authority Group
- JOH-C-JOH-770010
- TIF
- 26/JOHNSTON EAST CENTRAL UR
- Submarket
- Western Suburbs
- Appraiser
- Jessica McNiel, RES, AAS, ICA 515-286-3829
Land
- Square Feet
- 9,575
- Acres
- 0.22
- Frontage
- 34.2
- Depth
- 280
- Topography
- Normal
- Shape
- Rectangle
- Vacancy
- Yes
- Unbuildable
- Yes
Lot dimensions
GIS · centroid 41.6723, -93.6954
Acres: 0.221
Lot sqft: 9,638
Perimeter: 628 ft
Title & transfer history
2 transfers · Assessor
Recorded deed chain joined to sale prices. Shows ownership only — not mortgages or liens, which the assessor does not publish.
Aug 20, 2025Deednon-market transfer20243/503
THE BRIGHT TUMY LLC ← WELLS, MARY L (Treasurer)
Aug 24, 2023Deednon-market transfer19579/887
2004 ASSET FUND 20 LLC ← WELLS, MARY L (Treasurer)
Tax assessment history
4 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
2020
$5,300
$0
$5,300
Residential
$118
Sept: $59
March: $59
—
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$151
Interest rate2% / mo (≈24% / yr)
SaleJun 2026
Earliest redemption noticeMar 2028
Earliest deed eligibilityJun 2028
Certificate hard capJun 2029
If redeemed at 12 mo$187+$36 interest
If taken to deed$7.6k 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 $3/moschedule
1 year12 mo · $187 total+$36
Redemption notice21 mo · $214 total+$63
Deed eligibility24 mo · $223 total+$72
Hard cap36 mo · $260 total+$109
marks the statutory milestones from the timeline above. Flat 2%/mo on the $151 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.