121 N Broadway Ave, Gilbert, MN 55741 Property Records

St. Louis County property record for 121 N Broadway Ave, Gilbert, MN 55741

Property Summary

Property Type	Commercial
Details	2,032 sqft · built 1985
Lot Size	0.126 acres (5,499 sqft)
Owner	Individual Name on File
Last Sale	$39,000 (Feb 2018)
Tax Bill	$982 (2026)
Deeds & Mortgages	Feb 2018 Sale & Mortgage Feb 2018 Transfer
Flood Zone	Zone X (minimal risk)
APN	`060-0010-00490`

Property Details

APN / Parcel Number

Primary APN	`060-0010-00490`
Alternative APN	`1046391`

Interior

Stories	1 Story
Building Area	2,032 sqft Gross Area
1st Floor Area	2,032 sqft
Basement Area	1,944 sqft
Flooring	Vinyl/Resilient
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1985
Effective Year Built	Effective 1985
Exterior Material	Aluminum/Vinyl
Lot Area	5,499 sqft (0.126 acres)
Canopy	99 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Account Number	1046391
Street Address	121 N BROADWAY AVE
City	GILBERT
State	MN
Zip	55741-5002
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT: 0011 BLOCK:004 SERIAL #
Legal Subdivision	GILBERT
Legal Block	4
Legal Lot Number	11
Jurisdiction	ST LOUIS MN
Township / Civil Division	GILBERT
Census Block Group	1
Census Block	1036
Census Tract	13500

Owner

121 N Broadway Ave, a commercial property, is owned by an individual who bought it in February 2018.

Source: St. Louis County records, as of August 17, 2026

Owner of Record	Individual Name on File
Mailing Address	8228 HIGHWAY 68, BRITT, MN 55710-8105
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

Date	Document
Feb 21, 2018	Deed with Mortgage, Transfer · Conventional Mortgage LEROY R SAUSMAN
Feb 21, 2018	Affidavit of Death, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 21, 2018 · Amount on File
Deed Sale	Feb 21, 2018 · Amount on File
Prior Sale	Dec 9, 2003 · Amount on File
Deed Document Number	20181327997
Prior Transfer Date	Jan 29, 2018
Prior Transfer Doc	00A1327996
Record Updated	Sep 20, 2026

February 2018: Deed with Mortgage, Transfer

Document Type	Deed with Mortgage
Jurisdiction	ST LOUIS MN
Recording Date	Feb 21, 2018
Property Address	121 N BROADWAY AVE, GILBERT, MN 55741
Instrument Date	Feb 15, 2018
Instrument	A1327997
Transaction Type	Transfer
Record Updated	Mar 22, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$128.70
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	8228 HIGHWAY 68 BRITT MN 557108105, BRITT, MN 55710-8105

Mortgage

Document Number	00A1327997
Date	Feb 21, 2018
Instrument	A1327997

Lender

Name	LEROY R SAUSMAN
Address	114 E WISCONSIN AVE, GILBERT, MN 55741-5036
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	60 Months
Due	Feb 20, 2023

Interest

Rate	4%

February 2018: Affidavit of Death, Transfer

Document Type	Affidavit of Death
Jurisdiction	ST LOUIS MN
Recording Date	Feb 21, 2018
Property Address	121 N BROADWAY AVE, GILBERT, MN 55741
Document Number	00A1327996
Instrument Date	Jan 29, 2018
Instrument	A1327996
Transaction Type	Transfer
Record Updated	Mar 22, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	114 E WISCONSIN AVE GILBERT MN 557415036, GILBERT, MN 55741-5036

Tax Assessment & Valuation

The 2026 property tax bill for 121 N Broadway Ave was $982, up 3.2% from the year before.

Source: St. Louis County assessment roll, as of August 17, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Municipality	Gilbert City
Unified School District	Rock Ridge Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$982.00 (+3.15%)
2025	$952.00 (+17.53%)	$41,100 (+26.85%) Land $3,400 Building $37,700	$41,100 (+26.85%) Land $3,400 Building $37,700
2024	$810.00	$32,400 Land $3,300 Building $29,100	$32,400 Land $3,300 Building $29,100
2022		$31,600 Land $3,300 Building $28,300	$31,600 Land $3,300 Building $28,300

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

Flood

FEMA maps place 121 N Broadway Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective March 24, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Wildfire risk around 121 N Broadway Ave is low, with 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 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect 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 System	Gilbert serves 1,829 people · EPA ID MN1690020
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	Under 1 ppb (2024–2026) 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 301 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20

May also be available: CTC.

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