Oct 4, 2021 - News

Des Moines' most successful tax protesters, listed

A photo of Nationwide insurance building in downtown Des Moines.

Nationwide’s building at 1200 Locust St. in Des Moines. Photo: Jason Clayworth/Axios

These Polk County properties received the largest property tax assessment reductions this year.

Of note: Tax savings were calculated using the county assessor's online tax estimating tool.

Nationwide Insurance, 1200 Locust St. in DSM

  • Value change: -$18,800,000 (From $49,400,000 to $30,600,000)
  • Estimated annual tax savings: $818,000

What they're saying: Nationwide's protest was linked with a downtown office building that will be leased to third-party tenants next year, Joe Case, associate vice president of communications, told Axios. (It was 97% vacant at the time the protest was considered.)

  • A new remote work strategy allows about 50% of its employees to work from home.
A photo of Graham Group’s warehouse.
Graham Group's warehouse. Photo courtesy of the Polk County Assessor's Office

Graham Group (Warehouse), 5635 NE 14th St. in DSM

  • Value change: -$7,400,000 (From $44,300,000 to $36,900,000)
  • Estimated annual tax savings: $190,836
A photo of Outlets of the Des Moines.
Outlets of Des Moines. Photo courtesy of the Polk County Assessor's Office

Ned Altoona LLC (Outlets of Des Moines), 801Bass Pro Dr NW in Altoona

  • Value change: -$7,000,000 (From $53,300,000 to $46,300,000)
  • Estimated annual tax savings: $238,264
A photo of AP Lofts in Des Moines.
AP Lofts. Photo courtesy of the Polk County Assessor's Office

Knapp Properties (AP Lofts), 340 SW 5th St. in DSM

  • Value change: -$5,890,000 (From $13,700,000 to $7,810,000)
  • Estimated annual tax savings: $181,632
A photo of Traditional Apartments in Ankeny.
Traditional Apartments in Ankeny. Photo courtesy of the Polk County Assessor's Office

Traditional Apartments,807 SW 28th St. in Ankeny

  • Value change: -$4,100,000 (From $26,600,000 to $22,500,000)
  • Estimated annual tax savings: $90,161

Review the full list of successful property tax protests.

Go deeper: Polk County property tax protesters score record win

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