1105 N State St, Fairmont, MN 56031 Property Records

Martin County property record for 1105 N State St, Fairmont, MN 56031

Property Summary

Property Type	Commercial Vacant Land
Lot Size	2.01 acres (87,599 sqft)
Owner	Company Name on Record
Last Sale	$175,000 (Mar 2026)
Tax Bill	$4,566 (2025)
Deeds & Mortgages	Apr 2026 Line of Credit Mar 2026 Sale + 2 more
APN	`23.115.0100`

Property Details

APN / Parcel Number

Primary APN	`23.115.0100`

Exterior

Lot Area	87,599 sqft (2.01 acres)
Lot Dimensions	769 ft deep x 218 ft wide

Location & Zoning

Street Address	1105 N STATE ST
City	FAIRMONT
State	MN
Zip	56031-3740
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	B3
Legal Description	FIRST NORTHEAST 218 X 769 BLK 3 (EX 88 X 355 SE COR)& (EX 218.08X 395.09 NW COR) 1.15AC
Legal Subdivision	FIRST NORTHEAST
Legal Block	3
Jurisdiction	MARTIN MN
Township / Civil Division	FAIRMONT
Census Block Group	3
Census Block	3027
Census Tract	790600

Owner

Source: Martin County records, as of July 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	PO BOX 603, HUMBOLDT, IA 50548-0603
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 13, 2026	Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK
Mar 17, 2026	Warranty Deed, Transfer THE TITLE FIRM, THE TITLE TEAM
Oct 1, 2021	Warranty Deed, Transfer · Commercial Mortgage AMERICAN STATE BANK
Dec 8, 2020	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 17, 2026 · Amount on Record
Deed Sale	Mar 17, 2026 · Amount on Record
Prior Sale	Oct 1, 2021 · Amount on Record
Deed Document Number	2026468525
Record Updated	Sep 20, 2026

April 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN MN
Recording Date	Apr 13, 2026
Property Address	1105 N STATE ST, FAIRMONT, MN 56031-3740
Document Number	0000468910
Instrument Date	Apr 6, 2026
Instrument	2026468910
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000468910,
Date	Apr 13, 2026
Instrument	2026468910

Lender

Name	FIRST STATE BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Sep 5, 2046

Interest

Rate	6%
Max Rate	-1%

March 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARTIN MN
Recording Date	Mar 17, 2026
Property Address	1105 N STATE ST, FAIRMONT, MN 56031-3740
Document Number	2026R468525
Instrument Date	Mar 10, 2026
Instrument	2026R-468525
Transaction Type	Transfer
Record Updated	Apr 1, 2026
Title Company	THE TITLE FIRM, THE TITLE TEAM

Transaction

Amount	Amount Recorded
Tax	$577.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 603, HUMBOLDT, IA 50548-0603

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARTIN MN
Recording Date	Oct 1, 2021
Property Address	1105 N STATE ST, FAIRMONT, MN 56031-3740
Document Number	2021R451895
Instrument Date	Oct 1, 2021
Instrument	2021R-451895
Transaction Type	Transfer
Record Updated	Sep 20, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,475.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 465, ORANGE CITY, IA 51041-0465

Mortgage

Document Number	2021R451896
Date	Oct 1, 2021
Instrument	2021R-451896

Lender

Name	AMERICAN STATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARTIN MN
Recording Date	Dec 8, 2020
Property Address	1105 N STATE ST, FAIRMONT, MN 56031-3740
Document Number	2020R447992
Instrument Date	Nov 27, 2020
Instrument	2020R-447992
Transaction Type	Transfer
Record Updated	Sep 20, 2022

Transaction

Amount	Amount Recorded
Tax	$495.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 68, WINDOM, MN 56101-0068

Tax Assessment & Valuation

Source: Martin County assessment roll, as of July 2, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Martin County
Municipality	Fairmont City
Unified School District	Fairmont Area School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$136,500 (-) Land $136,500	$136,500 (-) Land $136,500
2025	$4,566.00 (+11.86%)	$136,500 (+8.59%) Land $136,500	$136,500 (+8.59%) Land $136,500
2024	$4,082.00 (+19.36%)
2023		$125,700 Land $125,700	$125,700 Land $125,700
2022	$3,420.00

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

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 96% 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	Fairmont serves 10,328 people · EPA ID MN1460003
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	1 ppb (2022–2024) action level 15 ppb

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. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 141 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Midco Cable	1,250 / 60
GigFire Fixed Wireless	150 / 130
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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