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

Lyon County property record for 121 N 3rd St, Marshall, MN 56258

Property Summary

Property TypeCommercial
Lot Size0.092 acres (4,009 sqft)
OwnerCompany Name on File
Last Sale$482,200 (Sep 2022)
Tax Bill$4,468 (2026)
Deeds & MortgagesDec 2021 Mortgage
Jan 2018 Sale
Flood ZoneZone X (minimal risk)
APN27-677084-0

Property Details

APN / Parcel Number

Primary APN27-677084-0

Exterior

Lot Area4,009 sqft (0.092 acres)

Location & Zoning

Street Address121 N 3RD ST
CityMARSHALL
StateMN
Zip56258-1324
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionORIGINAL PLAT 01010001 PT SWLY 22 FT (2 & 1/2 WALL) & NE 22 FT OF SW 44 FT LOTS 1 & 2 BLK 9 & NW 533 OF NE 22
Legal SubdivisionORIGINAL PLAT
Legal Block9
Legal Lot Number1-2
JurisdictionLYON MN
Township / Civil DivisionMARSHALL
Census Block Group1
Census Block1041
Census Tract360500

Owner

Source: Lyon County records · APN 27-677084-0

Assessment roll updated September 2, 2025 · Last verified July 2026

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

Owner of RecordCompany Name on File
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 02, 2018Contract Sale, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 29, 2022 · Amount on Record
Deed SaleSep 29, 2022 · Amount on Record
Deed Document Number2022225798
Record UpdatedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYON MN
Property Address121 N 3RD ST, MARSHALL, MN 56258-1324
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 02, 2018
Property Address121 N 3RD ST, MARSHALL, MN 56258-1324
Document Number214814
Instrument DateJan 01, 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 records · Assessment roll updated September 2, 2025 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$4,468.00 (+131.26%)
2025$139,100 (+34.27%) Land $32,500 Building $106,600$139,100 (+34.27%) Land $32,500 Building $106,600
2023$1,932.00$103,600 Land $32,500 Building $71,100$103,600 Land $32,500 Building $71,100

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of May 23, 2024 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Clarity Telecom
Cable · Fiber in parts of the area
1,000 / 30
LTD Broadband
Fixed Wireless
150 / 130
Midcontinent Communications
Fixed Wireless
100 / 20

May also be available: Lumen Technologies, Verizon.

Based on FCC filings for 321 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemMarshall
serves 13,890 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

Nearby Properties on N 3rd St

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