145 E Welcome Ave, Mankato, MN 56001 Property Records

Blue Earth County property record for 145 E Welcome Ave, Mankato, MN 56001

Property Summary

Property Type	Apartments (5+ Units)
Details	built 1968
Lot Size	0.224 acres (9,757 sqft)
Owner	Company Name on Record
Last Sale	$290,000 (Jul 2021)
Tax Bill	$6,786 (2026)
Deeds & Mortgages	Oct 2026 Line of Credit Dec 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R01.09.17.355.010`

Property Details

APN / Parcel Number

Primary APN	`R01.09.17.355.010`

Interior

Units	4 Units
Stories	1 Story

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1968
Lot Area	9,757 sqft (0.224 acres)

Location & Zoning

Street Address	145 E WELCOME AVE
City	MANKATO
State	MN
Zip	56001-6301
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	MEURERS SUB DIV 012 005 00
Legal Range	26
Legal Township	108
Legal Section	17
Legal Subdivision	MEURERS SUBDIVISION
Legal Block	5
Legal Lot Number	12
Jurisdiction	BLUE EARTH MN
Township / Civil Division	MANKATO
Census Block Group	1
Census Block	1005
Census Tract	171202

Owner

Source: Blue Earth County records, as of October 22, 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	Company Name on Record
Mailing Address	PO BOX 426, MANKATO, MN 56002-0426
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 8, 2026	Deed of Trust, Mortgage · Line of Credit UNITED PRAIRIE BANK
Dec 30, 2021	Deed of Trust, Mortgage · Conventional Mortgage UNITED PRAIRE BANK
Jul 2, 2021	Warranty Deed, Transfer · Conventional Mortgage UNITED PRAIRE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 2, 2021 · Amount on Record
Deed Sale	Jul 2, 2021 · Amount on Record
Deed Document Number	2021591CR511
Record Updated	Oct 29, 2026

October 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Recording Date	Oct 8, 2026
Property Address	145 E WELCOME AVE, MANKATO, MN 56001-6301
Document Number	0000627917
Instrument Date	Oct 7, 2026
Instrument	2026627917
Transaction Type	Mortgage
Record Updated	Oct 22, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	62619 SHOREWOOD LN, MADISON LAKE, MN 56063-4408

Mortgage

Document Number	0000627917,
Date	Oct 8, 2026
Instrument	2026627917

Lender

Name	UNITED PRAIRIE BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Oct 7, 2046

Interest

Rate Type	Adjustable Rate
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Property Address	145 E WELCOME AVE, MANKATO, MN 56001-6301
Transaction Type	Mortgage
Record Updated	May 12, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00596CR185
Date	Dec 30, 2021
Instrument	596CR185

Lender

Name	UNITED PRAIRE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Dec 28, 2026

Interest

Rate Type	Fixed Rate

July 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BLUE EARTH MN
Recording Date	Jul 2, 2021
Property Address	145 E WELCOME AVE, MANKATO, MN 56001-6301
Document Number	591CR511
Instrument Date	Jul 1, 2021
Instrument	591CR511
Transaction Type	Transfer
Record Updated	Jul 21, 2021
Title Company	NOT AVAILABLE, ST ANDREWS TITLE

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$957.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 5403, MANKATO, MN 56002-5403

Mortgage

Document Number	591CR512
Date	Jul 2, 2021
Instrument	591CR512

Lender

Name	UNITED PRAIRE BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Blue Earth County assessment roll, as of May 12, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Blue Earth County
Municipality	Mankato City
Unified School District	Mankato Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$6,786.00 (+2.63%)	$424,700 (-8.09%) Land $90,500 Building $334,200	$424,700 (-8.09%) Land $90,500 Building $334,200
2025		$462,100 (-1.45%) Land $98,400 Building $363,700	$462,100 (-1.45%) Land $98,400 Building $363,700
2024	$6,612.00 (+58.64%)	$468,900 (-4.13%) Land $99,900 Building $369,000	$468,900 (-4.13%) Land $99,900 Building $369,000
2023	$4,168.00	$489,100 Land $102,200 Building $386,900	$489,100 Land $102,200 Building $386,900

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, effective March 11, 2024 · 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 Policies	3 in force

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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 92% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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	Mankato serves 42,803 people · EPA ID MN1070009
Water Source	Groundwater influenced by surface water
Last State Inspection	Aug 2025
Lead	2 ppb (2023–2025) 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 238 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Fidium Fiber Fiber	2,000 / 2,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: AT&T, Metronet.

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