The beautiful landscape of this brick bungalow with a walkout basement welcomes you home every time. The two bedrooms and 1 full bath are perfect for the first time home buyer looking to build equity. Also very close to Drake University as a possible investment property. Current owner of 14 years added retaining walls in the backyard to make the rear deck an inviting escape. Enjoy the bonus finished space in the basement with the walkout that makes for quick access to the detached garage. Seller willing to provide $1,000.00 toward the cost of new flooring at closing. Smoke detectors are all wired together as an added safety feature, so cozy up to the fireplace in this great home in a quiet neighborhood!
Year
Property tax
Land + Additions
Assessment*
2025
$2,826 (+2.2%)
$38,700 + $125,600
$164,300
2024
$2,764 (+15.2%)
$35,100 + $115,900
$151,000
2023
$2,400 (+0.8%)
$35,100 + $115,900
$151,000
2022
$2,380 (+8.9%)
$29,200 + $81,500
$110,700
2021
$2,186 (−3.5%)
$29,200 + $81,500
$110,700
2020
$2,266 (+12.2%)
$29,200 + $81,500
$110,700
2019
$2,020 (+1.3%)
$25,500 + $70,700
$96,200
2018
$1,994 (+3.5%)
$25,500 + $70,700
$96,200
2017
$1,926 (+0.8%)
$22,300 + $61,400
$83,700
2016
$1,910 (+8.3%)
$20,900 + $58,800
$79,700
2013
$1,764
$20,600 + $60,000
$80,600
Tax history for 2525 Payne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,826 (+2.2%)
$38,700 + $125,600
$164,300
2024
$2,764 (+15.2%)
$35,100 + $115,900
$151,000
2023
$2,400 (+0.8%)
$35,100 + $115,900
$151,000
2022
$2,380 (+8.9%)
$29,200 + $81,500
$110,700
2021
$2,186 (−3.5%)
$29,200 + $81,500
$110,700
2020
$2,266 (+12.2%)
$29,200 + $81,500
$110,700
2019
$2,020 (+1.3%)
$25,500 + $70,700
$96,200
2018
$1,994 (+3.5%)
$25,500 + $70,700
$96,200
2017
$1,926 (+0.8%)
$22,300 + $61,400
$83,700
2016
$1,910 (+8.3%)
$20,900 + $58,800
$79,700
2013
$1,764
$20,600 + $60,000
$80,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
186 ft.
Lot size
9,300 Sq. Ft.
Year renovated
1940
Sq. Ft.
700
Year built
1926
Style
Single Family Residential
County
Polk County
APN
08002501000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
N3B
Neighborhood District
N3b is intended to preserve the scale and character of residential neighborhoods developed predominantly during the 1950s through 1970s typically in the ranch, split-level, or cottage style pursuant to House B building type in section 135-2.14 of this code and House C in section 135- 2.15 of this code.