315 Main St, Nerstrand, MN 55053 Property Records

Rice County property record for 315 Main St, Nerstrand, MN 55053

Property Summary

Property Type	Warehouse, Storage
Details	2,550 sqft · built 1925
Lot Size	0.073 acres (3,173 sqft)
Owner	Company Name on Record
Last Sale	$24,378 (Sep 2017)
Tax Bill	$1,510 (2026)
Deeds & Mortgages	Jul 2021 Line of Credit Sep 2017 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`21.14.1.26.004`

Property Details

APN / Parcel Number

Primary APN	`21.14.1.26.004`

Interior

Stories	1 Story
Building Area	2,550 sqft Gross Area
Basement Area	1,800 sqft
Unfinished Basement	1,800 sqft

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1925
Lot Area	3,173 sqft (0.073 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	315 MAIN ST
City	NERSTRAND
State	MN
Zip	55053-3802
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	LOT 8 BLOCK 6 OF NERSTRAND ORIG TOWN E4.5FT L9 EX S46FT & L8 EX S30FT ALL IN B6 ORIGINAL TOWNSITE NERSTRAND
Legal Subdivision	NERSTRAND ORIG TOWN
Legal Block	6
Legal Lot Number	8
Jurisdiction	RICE MN
Township / Civil Division	NERSTRAND
Census Block Group	2
Census Block	2020
Census Tract	70400

Owner

Source: Rice County records, as of June 8, 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	315 MAIN ST, NERSTRAND, MN 55053-3802
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 15, 2021	Deed of Trust, Mortgage · Line of Credit FRANDSEN BANK & TRUST
Sep 22, 2017	Grant Deed, Transfer · Line of Credit FRANDSEN BK&TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 22, 2017 · Amount on Record
Deed Sale	Sep 22, 2017 · Amount on Record
Prior Sale	Jan 6, 2000 · Amount on Record
Deed Document Number	2017701228
Record Updated	Sep 20, 2026

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	315 MAIN ST, NERSTRAND, MN 55053-3802
Transaction Type	Mortgage
Record Updated	Oct 25, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000A757070
Date	Jul 15, 2021
Instrument	A757070

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	DUNDAS, MN 55019

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Jul 15, 2022

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RICE MN
Recording Date	Sep 22, 2017
Property Address	315 MAIN ST, NERSTRAND, MN 55053-3802
Document Number	0000701228
Instrument Date	Sep 20, 2017
Instrument	701228
Transaction Type	Transfer
Record Updated	Oct 10, 2017
Title Company	LAND TITLE CORPORATION, LAND TITLE CORP

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$80.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Married Couple
Address	12459 E 204TH ST KENYON MN 55946, KENYON, MN 55946

Mortgage

Document Number	701229
Date	Sep 22, 2017
Instrument	701229

Lender

Name	FRANDSEN BK&TR
Type	Bank
Address	DUNDAS, MN 55019

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Sep 21, 2022

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Nerstrand City
Unified School District	Faribault Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,510.00 (+31.3%)	$103,900 (+14.18%) Land $15,900 Building $88,000	$103,900 (+14.18%) Land $15,900 Building $88,000
2025		$91,000 (+34.42%) Land $15,900 Building $75,100	$91,000 (+34.42%) Land $15,900 Building $75,100
2024	$1,150.00 (+2.5%)	$67,700 (-) Land $11,100 Building $56,600	$67,700 (-) Land $11,100 Building $56,600
2023	$1,122.00	$67,700 Land $11,100 Building $56,600	$67,700 Land $11,100 Building $56,600

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 April 14, 2022

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	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	Nerstrand serves 299 people · EPA ID MN1660009
Water Source	Groundwater
Last State Inspection	Jul 2025
Lead	Under 1 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 79 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Minnesota WiFi.

Cell Coverage

5G (outdoors only) and 4G LTE

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