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118 N 3rd St, Marshall, MN 56258 Property Records

Lyon County property record for 118 N 3rd St, Marshall, MN 56258

Property Summary

Property TypeCommercial
Lot Size0.133 acres (5,805 sqft)
OwnerCompany Name on Record
Last Sale$1,167,300 (Sep 2022)
Tax Bill$8,852 (2026)
Deeds & MortgagesDec 2021 Mortgage
Jan 2018 Sale
Flood ZoneZone X (minimal risk)
APN27-677102-0

Property Details

APN / Parcel Number

Primary APN27-677102-0

Exterior

Lot Area5,805 sqft (0.133 acres)

Location & Zoning

Street Address118 N 3RD ST
CityMARSHALL
StateMN
Zip56258-1360
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionORIGINAL PLAT 01010001 COM 44 FT S FROM NW COR L 5 RUN SW 44 FT SE 132 FT NE 44 FT NW 132 FT PT OF LOTS 4 & 5
Legal SubdivisionORIGINAL PLAT
Legal Lot Number4-5
JurisdictionLYON MN
Township / Civil DivisionMARSHALL
Census Block Group1
Census Block1046
Census Tract360500

Owner

Source: Lyon County records, as of July 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address417 N 3RD ST, MARSHALL, MN 56258-1401
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 27, 2021Deed of Trust, Mortgage · Commercial Mortgage
CITY OF MARSHALL
Jan 2, 2018Contract Sale, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 29, 2022 · Amount on Record
Deed SaleSep 29, 2022 · Amount on Record
Deed Document Number2022225796
Record UpdatedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYON MN
Property Address118 N 3RD ST, MARSHALL, MN 56258-1360
Transaction TypeMortgage
Record UpdatedJan 12, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000224401
DateDec 27, 2021
Instrument224401
Lender
NameCITY OF MARSHALL
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

January 2018: Contract Sale, Transfer

Document TypeContract Sale
JurisdictionLYON MN
Recording DateJan 2, 2018
Property Address118 N 3RD ST, MARSHALL, MN 56258-1360
Document Number214814
Instrument DateJan 1, 2018
Instrument214814
Transaction TypeTransfer
Record UpdatedAug 20, 2021

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address417 N 3RD ST, MARSHALL, MN 56258-1401
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Lyon County assessment roll, as of September 2, 2025

Property Jurisdictions

TypeName
StateMinnesota
CountyLyon County
MunicipalityMarshall City
Unified School DistrictMarshall Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$8,852.00 (+122.86%)
2025$252,200 (+37.36%) Land $46,500 Building $205,700$252,200 (+37.36%) Land $46,500 Building $205,700
2023$3,972.00$183,600 Land $46,500 Building $137,100$183,600 Land $46,500 Building $137,100

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 23, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1997)
Most Recent ClaimApr 1997 · Severe Flooding, High Winds,severe Storms

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

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

Wildfire RiskNot rated
no burnable land within 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 SystemMarshall
serves 13,890 people · EPA ID MN1420006
Water SourceGroundwater
Last State InspectionSep 2024
Lead8 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 321 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area		1,000 / 1,000
Bluepeak
Cable · Fiber in parts of the area		1,000 / 30
GigFire
Fixed Wireless		150 / 130
Midco
Fixed Wireless		100 / 20

May also be available: CenturyLink, Verizon.

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