1540 Rainbow Ave, Maple Plain, MN 55359 Property Records

Hennepin County property record for 1540 Rainbow Ave, Maple Plain, MN 55359 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	2.25 Baths
Year Built	Built 1985
Square Footage	1,412 sqft Living Area
Lot Size	11,326 sqft (0.26 acres)
Occupancy	Owner Occupied
Last Sale	$260,000 (2019)
Tax Bill	$4,153.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`26-118-24-11-0037`

Interior

Bedrooms	3 Beds
Full Baths	2.25 Baths
Partial Baths	2 Partial Baths
Total Rooms	5 Rooms
Building Area	1,412 sqft Living Area
Gross Area	2,336 sqft Gross Area
1st Floor	1,412 sqft 1st Floor
Basement Area	424 sqft Basement
Stories	1 Stories
Primary Flooring	Wood Flooring
Interior Structure	Wallboard/Drywall Interior Structure
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1985
Architectural Style	Ranch Style
Exterior Material	Composition/Composite Exterior
Construction Type	Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	11,326 sqft (0.26 acres)
Depth X Width	150 ft x 7.8 ft Depth x Width
Garage Type	Attached Garage
Garage Area	500 sqft Garage
View	Lake View
Topography	Wooded Topography

Utilities and HVAC

Cooling System	A/C Package Cooling
Heating System	Floor/Wall Furnace Heating
Heating Fuel	Electric Heating Fuel

Location & Zoning

Street Address	1540 RAINBOW AVE
City	MAPLE PLAIN
State	MN
Zip	55359-9535
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 001 BLOCK 001 A RAINBOW LANE 1ST ADDN W79X150X78X135
Legal Range	24
Legal Township	118
Legal Section	26
Legal Quarter	11
Legal Subdivision	RAINBOW LANE 1ST ADDN
Legal Block	1
Legal Lot Number	1
Jurisdiction	HENNEPIN MN
Minor Civil Division	MAPLE PLAIN
Census Blockgroup	1
Census Block	1020
Census Tract	27002

Owner

Source: Hennepin County records · APN 26-118-24-11-0037

Assessment roll updated June 23, 2026 · Last verified July 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 File
Mailing Address	1540 RAINBOW AVE, MAPLE PLAIN, MN 55359-9535
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Aug 15, 2019 · Amount on Record
Deed Sale	Aug 15, 2019 · Amount on Record
Deed Doc Number	201910693420
Record Refreshed	Sep 20, 2026

August 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Aug 15, 2019
Property Address	1540 RAINBOW AVE, MAPLE PLAIN, MN 55359-9535
Document Number	0010693420
Instrument Date	Jul 23, 2019
Instrument	10693420
Transaction Type	Transfer
Record Updated	Sep 02, 2019
Title Company	LIBERTY TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$884.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenant/Joint Tenant w/ Right Of Survivorship
Address	1540 RAINBOW AVE MAPLE PLAIN MN 553599535, MAPLE PLAIN, MN 55359-9535

Mortgage

Document Number	10693424
Date	Aug 15, 2019
Instrument	10693424

Lender

Name	WELLS FARGO BK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 14, 2049

Interest

Rate Type	Adjustable Rate
Rate	3.87%

Tax Assessment & Valuation

Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,153.00 (+4.95%)	$316,200 (+2.33%) Land $72,000 Building $244,200	$316,200 (+2.33%) Land $72,000 Building $244,200
2023	$3,957.00 Homeowner's exemption
2022		$309,000 Land $71,000 Building $238,000	$309,000 Land $71,000 Building $238,000