1405 E 40th St, Apt 18F, Minneapolis, MN 55407 Property Records

Hennepin County property record for 1405 E 40th St, Apt 18F, Minneapolis, MN 55407

Property Summary

Property Type	Condominium
Details	2 bd · 1 ba · 789 sqft · built 1965
Lot Size	3.66 acres (159,520 sqft)
Owner	Individual Name on File
Last Sale	$90,000 (May 2026)
Tax Bill	$1,392 (2025)
Deeds & Mortgages	May 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`11-028-24-13-0271`

Property Details

APN / Parcel Number

Primary APN	`11-028-24-13-0271`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	1 Story
Building Area	789 sqft Living Area
1st Floor Area	789 sqft

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1965
Architectural Style	Condo/Apartment
Exterior Material	Wood Siding
Construction Type	Wood
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	159,520 sqft
Lot Width	1,270 ft Width
Garage Type	Detached

Utilities, Heating & Cooling

Heating System	Hot Water

Location & Zoning

Street Address	1405 E 40TH ST, 18F
City	MINNEAPOLIS
State	MN
Zip	55407-3275
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	R5
Legal Description	A CONDO NO 0221 BUSH TERRACE CONDO APT NO 18F 1270 SQ. FT.
Legal Range	24
Legal Township	028
Legal Section	11
Legal Quarter	13
Legal Subdivision	CONDO NO 0221 BUSH TERRACE CONDO
Legal Block	3
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3005
Census Tract	110100

Owner

1405 E 40th St, Apt 18F is owned by an individual who bought it in May 2026.

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on File
Mailing Address	1405 E 40TH ST, 18F, MINNEAPOLIS, MN 55407-3275
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 21, 2026 · Amount on File
Deed Sale	May 21, 2026 · Amount on File
Prior Sale	Jun 23, 2008 · Amount on File
Deed Document Number	202611464620
Record Updated	Oct 29, 2026

May 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 21, 2026
Property Address	1405 E 40TH ST, 18F, MINNEAPOLIS, MN 55407-3253
Document Number	0011464620
Instrument Date	May 13, 2026
Instrument	202611464620
Transaction Type	Transfer
Record Updated	Jun 4, 2026
Title Company	BURNETT TITLE, BURNET TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$30,906.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	1405 E 40TH ST, 18F, MINNEAPOLIS, MN 55407-3253

Mortgage

Document Number	0011464621,
Date	May 21, 2026
Instrument	202611464621

Lender

Name	WINTRUST MORTGAGE

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2056

Interest

Rate Type	Fixed Rate
Rate	6.37%
Initial Type	Fixed Rate
Max Rate	-1%

Tax Assessment & Valuation

The 2025 property tax bill for 1405 E 40th St, Apt 18F was $1,392, up 4% from the year before.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,392.00 (+3.96%) Homeowner's exemption	$122,000 (-) Land $12,000 Building $110,000	$122,000 (-) Land $12,000 Building $110,000
2024	$1,339.00 (+12.81%)	$122,000 Land $12,000 Building $110,000	$122,000 Land $12,000 Building $110,000
2023	$1,187.00 Homeowner's exemption
2022		$114,000 Land $10,000 Building $104,000	$114,000 Land $10,000 Building $104,000

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

Flood

FEMA maps place 1405 E 40th St, Apt 18F in Zone X, an area of minimal flood risk, though there have been 5 flood claims nearby since 1980.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	5 (1980–1987)
Most Recent Claim	Jul 1987 · Severe Storms, Tornadoes & Flooding

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

Wildfire risk around 1405 E 40th St, Apt 18F is low, with less than 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 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) 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 859 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	2,000 / 1,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
PCs for People Fixed Wireless	100 / 100
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20