242 Morgan Ave S, Minneapolis, MN 55405 Property Records

Hennepin County property record for 242 Morgan Ave S, Minneapolis, MN 55405

Property Summary

Property Type	Single Family Home
Details	4 bd · 3.5 ba · 2,346 sqft · built 2009
Lot Size	0.23 acres (10,019 sqft)
Owner	2 Individual Names on File
Last Sale	$663,000 (Dec 2016)
Tax Bill	$17,157 (2025)
Deeds & Mortgages	May 2026 Line of Credit May 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`28-029-24-21-0026`

Property Details

APN / Parcel Number

Primary APN	`28-029-24-21-0026`

Interior

Bedrooms	4 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	2,346 sqft Living Area
Gross Area	3,480 sqft
1st Floor Area	1,174 sqft
Basement Area	1,134 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2009
Exterior Material	Brick
Construction Type	Wood
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	10,019 sqft (0.23 acres)
Porch	Porch
Porch Area	372 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C

Location & Zoning

Street Address	242 MORGAN AVE S
City	MINNEAPOLIS
State	MN
Zip	55405-2028
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	LOT 013 BLOCK 002 A THORPE BROS BRYN MAWR THAT PART OF LOTS 12, 13 AND 14 BLOCK 2 WHICH LIES NORTH OF A LINE DRAWN FROM A POINT ON THE NORTHWESTERLY LINE OF SAID LOT 12 DISTANT 64.5 FEET T IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	28
Legal Quarter	21
Legal Subdivision	THORPE BROS BRYN MAWR
Legal Block	2
Legal Lot Number	13
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	2
Census Block	2004
Census Tract	105100

Owner

242 Morgan Ave S is owned and occupied by two individuals who bought it in December 2016.

Source: Hennepin County records, as of August 14, 2026

Owner of Record	2 Individual Names on File
Mailing Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028
Occupancy	Owner Occupied
Owner Type	Individual

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

Deeds, Mortgages & Sale History

Date	Document
May 28, 2026	Deed of Trust, Mortgage · Line of Credit VERIDIAN CREDIT UNION
May 27, 2022	Deed of Trust, Mortgage · Conventional Mortgage FAIRWAY INDEPENDENT MORTGAGE CORP
Apr 25, 2022	Deed of Trust, Mortgage · Conventional Mortgage FAIRWAY INDEPENDENT MORTGAGE CORP
Jun 20, 2019	Deed of Trust, Mortgage FATRWAY INDPNT MTG CORP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 27, 2016 · Amount on File
Deed Sale	Dec 27, 2016 · Amount on File
Prior Sale	Nov 2, 2004 · Amount on File
Deed Document Number	201610395713
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Recording Date	May 28, 2026
Property Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028
Document Number	0011465946
Instrument Date	May 21, 2026
Instrument	202611465946
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028

Mortgage

Document Number	0011465946,
Date	May 28, 2026
Instrument	202611465946

Lender

Name	VERIDIAN CREDIT UNION

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	6.23%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028
Transaction Type	Mortgage
Record Updated	Jun 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0A11113388
Date	May 27, 2022
Instrument	A11113388

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company
Address	CARROLLTON, TX 75007

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	May 1, 2052

Interest

Rate Type	Adjustable Rate
Rate	3.37%
Type Change Date	May 1, 2032
Change Frequency	Annually
Min Rate At Change	2.75%
Max Rate At Change	8.37%
Index	1-Year CMT
Max Rate	8.37%

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028
Transaction Type	Mortgage
Record Updated	May 4, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0A11101541
Date	Apr 25, 2022
Instrument	A11101541

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company
Address	CARROLLTON, TX 75007

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2052

June 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	242 MORGAN AVE S, MINNEAPOLIS, MN 55405-2028
Document Number	0010672245
Instrument Date	Jun 20, 2019
Transaction Type	Mortgage
Record Updated	Jul 9, 2019
Title Company	TITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SVCS

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	242 MORGAN AVE S MINNEAPOLIS MN 554052028, MINNEAPOLIS, MN 55405-2028

Mortgage

Document Number	0010672245
Date	Jun 25, 2019
Instrument	10672245

Lender

Name	FATRWAY INDPNT MTG CORP
Address	CARROLLTON, TX 75007

Agreement

Amount	Amount on Record
Term	360 Months
Due	Jun 24, 2049

Interest

Rate Type	Adjustable Rate
Rate	3.87%

Tax Assessment & Valuation

The 2025 property tax bill for 242 Morgan Ave S was $17,157, up 15.7% 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	$17,157.00 (+15.74%)	$1,000,000 (+10.01%) Land $281,000 Building $719,000	$1,000,000 (+10.01%) Land $281,000 Building $719,000
2024	$14,824.00 (+17.46%)	$909,000 Land $281,000 Building $628,000	$909,000 Land $281,000 Building $628,000
2023	$12,621.00 Homeowner's exemption
2022		$878,000 Land $223,000 Building $655,000	$878,000 Land $223,000 Building $655,000

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

Flood

FEMA maps place 242 Morgan Ave S in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 242 Morgan Ave S is low, with 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 94% of the US · lower than 80% of Minnesota
Wildfire Likelihood	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 263 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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