Property Information

Assessor Year
Parcel Number
8318-11-129-046
Tax Status
Taxable
Alternate Parcel Number
Township/City
M'TOWN CITY MC
Property Class
C - COMMERCIAL
Tax District
450800 - MTOWN CITY MC
Property Address
2305 S CENTER ST
MARSHALLTOWN, IA 50158
School District
MARSHALLTOWN SCH DIS
TIF District
450806 - MARSHALLTOWN CITY/MARSHALLTOWN SCH/RETAIL UR TIF
Total Acres
0.75
Assessed Value
557,250
Mailing Address
FLANAGAN PROPERTIES LLC, 815 MAIN ST ACKLEY, IA 50601
Tax Rate
40.955220
Annual Tax
$17,138.00
Land
Owner
(Title) FLANAGAN PROPERTIES LLC,
Property Description
11-83-18 PT OF LOT 3/2 AND LOT 1/2 NE NW DESCRIBED AS COMM AT SW COR SAID LOT 3/2; THENCE N 6' ALONG W LINE SAID LOT 3/2; THENCE S 89 DEG 10 MIN 02 SEC E 127.50' TO POB THENCE S 89 DEG 10 MIN 02 SEC E 199.5' TO THE W ROW LINE OF S CENTER ST; THENCE S 0 DEG 20 MIN 47 SEC E 146.05' ALONG W ROW LINE OF S CENTER ST TO N ROW LINE OF SOUTHRIDGE RD;THENCE WLY ON N ROW LINE SOUTHRIDGE RD ON A CURVE 204.64'; THENCE N 0 DEG 21 MIN 05 SEC W 189.35' TO BEG

Assessments

Assessment 2026 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 390,500 409,620 800,120 0 0 0
EXEMPTION 0 0 0 0 0 0
NET 390,500 409,620 800,120 0 0 0
Assessment 2025 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 390,500 409,620 800,120 0 662,908 662,908
EXEMPTION 0 0 0 0 0 0
NET 390,500 409,620 800,120 0 662,908 662,908
Assessment 2024 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 724,410 838,310 0 695,341 695,341
EXEMPTION 0 0 0 0 0 0
NET 113,900 724,410 838,310 0 695,341 695,341
Assessment 2023 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 724,410 838,310 0 693,828 693,828
EXEMPTION 0 0 0 0 0 0
NET 113,900 724,410 838,310 0 693,828 693,828
Assessment 2022 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 607,820 721,720 0 600,711 600,711
EXEMPTION 0 0 0 0 0 0
NET 113,900 607,820 721,720 0 600,711 600,711
Assessment 2021 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 607,820 721,720 102,510 547,038 649,548
EXEMPTION 0 0 0 0 0 0
NET 113,900 607,820 721,720 102,510 547,038 649,548
Assessment 2020 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 557,140 671,040 102,510 501,426 603,936
EXEMPTION 0 0 0 0 0 0
NET 113,900 557,140 671,040 102,510 501,426 603,936
Assessment 2019 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 557,140 671,040 102,510 501,426 603,936
EXEMPTION 0 0 0 0 0 0
NET 113,900 557,140 671,040 102,510 501,426 603,936
Assessment 2018 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 443,350 557,250 102,510 399,015 501,525
EXEMPTION 0 0 0 0 0 0
NET 113,900 443,350 557,250 102,510 399,015 501,525
Assessment 2017 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 443,350 557,250 102,510 399,015 501,525
EXEMPTION 0 0 0 0 0 0
NET 113,900 443,350 557,250 102,510 399,015 501,525
Assessment 2016 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 402,290 516,190 102,510 362,061 464,571
EXEMPTION 0 0 0 0 0 0
NET 113,900 402,290 516,190 102,510 362,061 464,571
Assessment 2015 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 402,290 516,190 102,510 362,061 464,571
EXEMPTION 0 0 0 0 0 0
NET 113,900 402,290 516,190 102,510 362,061 464,571
Assessment 2014 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 402,290 516,190 102,510 362,061 464,571
EXEMPTION 0 0 0 0 0 0
NET 113,900 402,290 516,190 102,510 362,061 464,571
Assessment 2013 Class Assessed Values Taxable Values
Land Improved Total Land Improved Total
GROSS COMMERCIAL 113,900 402,290 516,190 108,205 382,176 490,381
EXEMPTION 0 0 0 0 0 0
NET 113,900 402,290 516,190 108,205 382,176 490,381

Appraisal

Building #1

Description
1S BRK/BLK
Built
1984
TSF-B
4155
Occupancy
Restaurant - Fast Food
Ftg & Fdtn
Concrete
Exterior Wall
Brick on Block - 8"
Interior Wall
Drywall or Equiv.
Roof
4-Ply Compo/ Wood Deck
Ceiling
Suspended Metal
Struct. Floor
Concrete
Floor Cover
Carpet
Floor Cover
Quarry Tile
Framing
Steel - Average
HVAC
Combination FHA - AC
Electrical
Restaurant
Plumbing
Lavatory(1)
Plumbing
Sink-Service (Fiberglass)(1)
Plumbing
Toilet Room(2)
Plumbing
Water Closet(1)
Plumbing
Urinal - Wall(1)
Cold Storage (1) 180 SF, Cooler, Hght(Ft) 8, 0 SFSA Door, No Door
Other Improvements
Built
Paving - Concrete -- 25,000 SF, Concrete Parking, Average Pricing
1984

Credits

Credit Type Requested Date Granted Date Renewal Date Prorate Date Requested Amount Granted Amount
BPTC 10/13/2015 10/13/2015 10/13/2015 0 3,403

Property Sketches & Photos

Sales History

Year Document # NUT Code Sale Type Sale Date Net Selling Price Seller Buyer

No Soil Information

Tax History

Year
Tax Rate
Assessed Value
Taxable Value
Dwelling Value
Ag Land Credit
Family Farm Credit
Ag Dwelling Tax
Milt Ex
65+ Ex
Homestead Credit
A-I Credit
BPTC Credit
Net Tax
1st Half Tax
2nd Half Tax
Payment Date
1st Half
2nd Half

2024
40.72645
838,310
695,341
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
28,318.00
14,159.00
14,159.00

10/3/2025

2023
39.36213
838,310
693,828
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
27,310.00
13,655.00
13,655.00

9/16/2024
11/4/2024

2022
40.96158
721,720
600,711
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
24,606.00
12,303.00
12,303.00

9/15/2023
3/14/2024

2021
41.84081
721,720
649,548
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,107.78
24,070.00
12,035.00
12,035.00

9/26/2022
3/17/2023

2020
41.78009
671,040
603,936
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,293.30
21,940.00
10,970.00
10,970.00

9/14/2021
3/10/2022

2019
41.74091
671,040
603,936
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,205.57
22,004.00
11,002.00
11,002.00

9/18/2020
3/10/2021

2018
40.98273
557,250
501,525
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,413.72
17,140.00
8,570.00
8,570.00

9/12/2019
3/27/2020

2017
40.95522
557,250
501,525
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,403.00
17,138.00
8,569.00
8,569.00

9/12/2018
3/14/2019

2016
41.70344
516,190
464,571
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,672.17
15,702.00
7,851.00
7,851.00

9/18/2017
5/7/2018

2015
42.35918
516,190
464,571
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,725.43
15,954.00
7,977.00
7,977.00

9/19/2016
3/13/2017

2014
42.77151
516,190
464,571
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2,695.24
17,176.00
8,588.00
8,588.00

9/9/2015
9/9/2015

2013
42.60577
516,190
490,381
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,029.35
19,864.00
9,932.00
9,932.00



1996
0.00000
0
0
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00


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