Iowa Code § 441.72
Assessment of platted lots
Iowa · Iowa Code Chapter 441 — Assessment and Valuation of Property · Status: effective
Cite this
- Citation
- Iowa Code § 441.72, Assessment of platted lots, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2248647
- Permanent ID
ys:prov:2248647@1- SHA-256
b73aa27d35bb56e9e0829b5519ffbac1eab00849406291bc1bd68b038ee9e6c0
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. Except as provided in subsection 2, when a subdivision plat is recorded pursuant to chapter 354, the individual lots within the subdivision plat shall not be assessed in excess of the total assessment of the land as acreage or unimproved property for five years after the recording of the plat or until the lot is actually improved with permanent construction, whichever occurs first. When an individual lot has been improved with permanent construction, the lot shall be assessed for taxation purposes as provided in chapter 428 and this chapter.
2. For subdivision plats recorded pursuant to chapter 354 on or after January 1, 2004, but before January 1, 2011, the individual lots within the subdivision plat shall not be assessed in excess of the total assessment of the land as acreage or unimproved property for eight years after the recording of the plat or until the lot is actually improved with permanent construction, whichever occurs first. When an individual lot has been improved with permanent construction, the lot shall be assessed for taxation purposes as provided in chapter 428 and this chapter.
3. This section does not apply to special assessment levies.