243 Morgan St, Tracy, MN 56175 Property Records

Lyon County property record for 243 Morgan St, Tracy, MN 56175

Property Summary

Property Type	Commercial
Details	built 1970
Lot Size	0.109 acres (4,772 sqft)
Owner	Company Name on Record
Last Sale	$25,000 (Nov 2019)
Tax Bill	$1,628 (2026)
Deeds & Mortgages	Aug 2026 Mortgage Nov 2019 Sale
Flood Zone	Zone X (minimal risk)
APN	`31-100074-0`

Property Details

APN / Parcel Number

Primary APN	`31-100074-0`

Interior

Units	2 Units

Exterior

Year Built	Built 1970
Effective Year Built	Effective 1970
Lot Area	4,772 sqft (0.109 acres)

Location & Zoning

Street Address	243 MORGAN ST
City	TRACY
State	MN
Zip	56175-1274
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	ORIGINAL PLAT - TRACY 01010001 W 65 FT LOTS 20 21 & 22 BLK 5
Legal Subdivision	ORIGINAL PLAT - TRACY
Legal Block	5
Legal Lot Number	20-22
Jurisdiction	LYON MN
Township / Civil Division	TRACY
Census Block Group	2
Census Block	2040
Census Tract	360700

Owner

Source: Lyon County records, as of September 1, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	448 4TH ST E, TRACY, MN 56175-1531
Owner Type	Company
Vesting	Partnership

Deeds, Mortgages & Sale History

Date	Document
Aug 4, 2026	Deed of Trust, Mortgage · Conventional Mortgage CITY OF RACINE
Nov 4, 2019	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 4, 2019 · Amount on Record
Deed Sale	Nov 4, 2019 · Amount on Record
Deed Document Number	2019571
Record Updated	Oct 29, 2026

August 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LYON MN
Recording Date	Aug 4, 2026
Property Address	243 MORGAN ST, TRACY, MN 56175-1274
Document Number	0000231946
Instrument Date	Jun 30, 2025
Instrument	2026231946
Transaction Type	Mortgage
Record Updated	Aug 17, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Partnership, 283
Address	448 4TH ST E, TRACY, MN 56175-1531

Mortgage

Document Number	0000231946,
Date	Aug 4, 2026
Instrument	2026231946

Lender

Name	CITY OF RACINE

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	48 Months
Due	Aug 1, 2030

Interest

Rate	6.89%
Max Rate	-1%

November 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LYON MN
Recording Date	Nov 4, 2019
Property Address	243 MORGAN ST, TRACY, MN 56175-1274
Document Number	219571
Instrument Date	Oct 28, 2019
Instrument	219571
Transaction Type	Transfer
Record Updated	Aug 20, 2021

Transaction

Amount	Amount Recorded
Tax	$82.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	448 4TH ST E, TRACY, MN 56175-1531

Tax Assessment & Valuation

Source: Lyon County assessment roll, as of September 1, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Lyon County
Municipality	Tracy City
Unified School District	Tracy Area Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,628.00 (+11.51%)	$56,000 (-) Land $5,500 Building $50,500	$56,000 (-) Land $5,500 Building $50,500
2025		$56,000 (+20.43%) Land $5,500 Building $50,500	$56,000 (+20.43%) Land $5,500 Building $50,500
2023	$1,460.00	$46,500 Land $5,500 Building $41,000	$46,500 Land $5,500 Building $41,000

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 May 23, 2024

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

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.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Tracy serves 2,154 people · EPA ID MN1420010
Water Source	Groundwater
Last State Inspection	Aug 2024
Lead	4 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 192 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Bluepeak.

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