1241 40th St, Ceylon, MN 56121 Property Records

Martin County property record for 1241 40th St, Ceylon, MN 56121

Property Summary

Property TypeGeneral Agricultural/Rural
Details1 bd · 1 ba · 1,470 sqft · built 1930
Lot Size49.3 acres (2,148,379 sqft)
OwnerIndividual Name on Record
Last Sale$53,500 (Aug 2024)
Tax Bill$3,054 (2025)
APN10.024.0100

Property Details

APN / Parcel Number

Primary APN10.024.0100

Interior

Bedrooms1 Bed
Full Baths1 Bath
Total Rooms7 Rooms
Stories1 Story
Building Area1,470 sqft Total Area
1st Floor Area872 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1930
Effective Year BuiltEffective 1932
Architectural StyleConventional
Exterior MaterialWood Siding
Construction TypeFrame
Roof TypeGable/Hip
Roof MaterialMetal
Lot Area2,148,379 sqft (49.3 acres)
PorchOpen Porch

Utilities, Heating & Cooling

Cooling SystemWindow A/C
Heating SystemForced Air with A/C

Location & Zoning

Street Address1241 40TH ST
CityCEYLON
StateMN
Zip56121-1141
Property CategoryAgriculture or Farming
Property TypeAgriculture / Farming > General Agricultural/Rural
Legal DescriptionSECT 24 TWP 101 RANGE 032 SW1/4 NE1/4 & E15.75 AC N140 AC NW1/4 (EX 6.43 AC) 49.32 AC
Legal Range032
Legal Township101
Legal Section24
JurisdictionMARTIN MN
Township / Civil DivisionLAKE BELT
Census Block Group2
Census Block2100
Census Tract790400

Owner

Source: Martin County records, as of August 3, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address504 SMITH ST, LAKOTA, IA 50451-7077
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 1, 2024 · Amount on Record
Deed SaleAug 1, 2024 · Amount on Record
Deed Document Number2024462448
Last Transfer DateFeb 1, 2025
Transfer Doc2025R464584
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Martin County assessment roll, as of August 3, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyMartin County
County SubdivisionLake Belt Township
Unified School DistrictFairmont Area School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$513,600 (-) Land $513,600$513,600 (-) Land $513,600
2025$3,054.00 (+167.43%) Homeowner's exemption$513,600 (-27.72%) Land $513,600$513,600 (-27.72%) Land $513,600
2024$1,142.00 (-16.52%)
2023$710,600 Land $639,300 Building $71,300$710,600 Land $639,300 Building $71,300
2022$1,368.00

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 ZoneNot 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 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 2 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
GigFire
Fixed Wireless
150 / 130
Midco
Fixed Wireless
100 / 20
Federated Rural Electric Association
Fixed Wireless
40 / 3

Nearby Properties on 40th St

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