1273 40th St, Ceylon, MN 56121 Property Records

Martin County property record for 1273 40th St, Ceylon, MN 56121

Property Summary

Property Type	General Agricultural/Rural
Details	2 bd · 720 sqft · built 1930
Lot Size	40 acres (1,742,400 sqft)
Owner	2 Individual Names on Record
Last Sale	$160,000 (Jun 2015)
Tax Bill	$1,278 (2025)
Deeds & Mortgages	Mar 2026 Mortgage Mar 2026 Mortgage
APN	`10.024.0200`

Property Details

APN / Parcel Number

Primary APN	`10.024.0200`

Interior

Bedrooms	2 Beds
Total Rooms	6 Rooms
Building Area	720 sqft Heated Area

Exterior

Year Built	Built 1930
Effective Year Built	Effective 1930
Architectural Style	Conventional
Exterior Material	Wood Siding
Roof Material	Composition Shingle
Lot Area	1,742,400 sqft (40 acres)

Utilities, Heating & Cooling

Heating System	HVAC

Location & Zoning

Street Address	1273 40TH ST
City	CEYLON
State	MN
Zip	56121-1141
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > General Agricultural/Rural
Legal Description	SECT-24 TWP-101 RANGE-032 40.00 AC NW1/4 NE1/4 40.00 AC
Legal Range	032
Legal Township	101
Legal Section	24
Jurisdiction	MARTIN MN
Township / Civil Division	LAKE BELT
Census Block Group	2
Census Block	2100
Census Tract	790400

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 Record	2 Individual Names on Record
Mailing Address	944 110TH AVE, WELCOME, MN 56181-1358
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2026	Deed of Trust, Mortgage · Commercial Mortgage FIRST FINANCIAL BANK
Mar 23, 2026	Deed of Trust, Mortgage · Commercial Mortgage FIRST FINANCIAL BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 1, 2015 · Amount on Record
Deed Sale	Jun 1, 2015 · Amount on Record
Deed Document Number	2015358837
Record Updated	Sep 20, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN MN
Property Address	1273 40TH ST, CEYLON, MN 56121-1141
Transaction Type	Mortgage
Record Updated	Apr 7, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2026R468569
Date	Mar 23, 2026
Instrument	2026R-468569

Lender

Name	FIRST FINANCIAL BANK
Type	Bank
Address	EL DORADO, AR 71730

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Mar 1, 2051

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN MN
Property Address	1273 40TH ST, CEYLON, MN 56121-1141
Transaction Type	Mortgage
Record Updated	Apr 7, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2026R468570
Date	Mar 23, 2026
Instrument	2026R-468570

Lender

Name	FIRST FINANCIAL BANK
Type	Bank
Address	EL DORADO, AR 71730

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Mar 1, 2051

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Martin County
County Subdivision	Lake Belt Township
Unified School District	Fairmont Area School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$429,600 (-) Land $429,600	$429,600 (-) Land $429,600
2025	$1,278.00 (-2.59%)	$429,600 (-8.32%) Land $429,600	$429,600 (-8.32%) Land $429,600
2024	$1,312.00 (-24.42%)
2023		$468,600 Land $468,600	$468,600 Land $468,600
2022	$1,736.00

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	Not 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 1 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
Federated Rural Electric Association Fixed Wireless	40 / 3

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