103 E Franklin St, Morristown, MN 55052 Property Records

Rice County property record for 103 E Franklin St, Morristown, MN 55052

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,252 sqft · built 1955
Lot Size	0.295 acres (12,870 sqft)
Owner	2 Individual Names on File
Last Sale	$137,000 (Sep 2007)
Tax Bill	$3,322 (2026)
Deeds & Mortgages	Nov 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`20.23.3.51.037`

Property Details

APN / Parcel Number

Primary APN	`20.23.3.51.037`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,252 sqft Living Area
1st Floor Area	1,252 sqft
Basement Area	1,252 sqft
Finished Basement	850 sqft
Unfinished Basement	402 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Architectural Style	A-Frame
Exterior Material	Fiber Cement Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	12,870 sqft (0.295 acres)
Lot Dimensions	132 ft deep x 98 ft wide
Garage Type	Mixed
Garage Area	968 sqft
Driveway	Asphalt Driveway
Parking Spaces	2 Parking Spaces
Deck Area	64 sqft
Patio Area	224 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	103 E FRANKLIN ST
City	MORRISTOWN
State	MN
Zip	55052-2016
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 9 BLOCK 6 OF MORRISTOWN ORIG TOWN ORIG TOWN E2 L9 & L10 B6 & W15FT L1 & L2 B6
Legal Subdivision	MORRISTOWN ORIG TOWN
Legal Block	6
Legal Lot Number	9
Jurisdiction	RICE MN
Township / Civil Division	MORRISTOWN
Census Block Group	5
Census Block	5022
Census Tract	70300

Owner

103 E Franklin St is owned by two individuals who acquired it in September 2020.

Source: Rice County records, as of June 8, 2026

Owner of Record	2 Individual Names on File
Mailing Address	PO BOX 441, MORRISTOWN, MN 55052-0441
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 17, 2007 · Amount on File
Deed Sale	Sep 17, 2007 · Amount on File
Deed Document Number	200749233
Last Transfer Date	Sep 28, 2020
Transfer Doc	0000732545
Record Updated	Sep 20, 2026

November 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	RICE MN
Recording Date	Nov 10, 2020
Property Address	103 E FRANKLIN ST, MORRISTOWN, MN 55052
Document Number	0000732545
Instrument Date	Sep 28, 2020
Instrument	732545
Transaction Type	Transfer
Record Updated	Nov 19, 2020
Title Company	TITLESMART

Transaction

Amount	Amount on Record
Tax	$2.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	103 E FRANKLIN ST MORRISTOWN MN 55052, MORRISTOWN, MN 55052

Mortgage

Document Number	732546
Date	Nov 10, 2020
Instrument	732546

Lender

Name	FRANDSEN BK&TR
Type	Bank
Address	WATERVILLE, MN 56096

Agreement

Amount	Amount on Record
Term	180 Months
Due	Nov 9, 2035

Tax Assessment & Valuation

The 2026 property tax bill for 103 E Franklin St was $3,322.

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Morristown City
Unified School District	Waterville-Elysian-Morristown Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,322.00	$237,300 (+2.73%) Land $57,800 Building $179,500	$237,300 (+2.73%) Land $57,800 Building $179,500
2025		$231,000 (+12.14%) Land $55,600 Building $175,400	$231,000 (+12.14%) Land $55,600 Building $175,400
2024	$2,852.00 (+43.17%)	$206,000 (-) Land $53,400 Building $152,600	$206,000 (-) Land $53,400 Building $152,600
2023	$1,992.00	$206,000 Land $53,400 Building $152,600	$206,000 Land $53,400 Building $152,600

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 103 E Franklin St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective April 14, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	3 (2014–2024)
Most Recent Claim	Jun 2024 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Jun 2024 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 103 E Franklin St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 92% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Morristown serves 987 people · EPA ID MN1660007
Water Source	Groundwater
Last State Inspection	Jun 2025
Lead	3 ppb (2024–2026) action level 15 ppb
Copper	1.58 mg/L (2018) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 126 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Bevcomm Fiber	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Netwave Broadband.

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