318 E 3rd St, Fairmont, MN 56031 Property Records

Martin County property record for 318 E 3rd St, Fairmont, MN 56031 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 1932
Square Footage	1,357 sqft Living Area
Lot Size	5,489 sqft (0.126 acres)
Garage	240 sqft
Occupancy	Owner Occupied
Tax Bill	$1,360.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`23.040.1610`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Total Rooms	4 Rooms
Building Area	1,357 sqft Living Area
1st Floor	1,018 sqft 1st Floor
Stories	1 Stories
Primary Flooring	Carpet Flooring
Interior Structure	Plaster Interior Structure

Exterior

Year Built	Built 1930
Effective Year Built	Effective 1932
Architectural Style	Conventional Style
Exterior Material	Stucco Exterior
Construction Type	Frame Construction
Roof Construction	Gable/Hip Roof Construction
Roof Material	Metal Roof
Lot Area	5,489 sqft (0.126 acres)
Depth X Width	104 ft x 53 ft Depth x Width
Parking Spaces	1 Parking Spaces
Garage Area	240 sqft Garage
Shed	1 Shed
Shed Area	120 sqft Shed
Deck Area	Deck Area

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Forced Air with Air Conditioning Heating

Location & Zoning

Street Address	318 E 3RD ST
City	FAIRMONT
State	MN
Zip	56031-2830
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	ORIGINAL E1/2 OF W1/2 OF 1 & 2 BLK 23 & W15' OF E1/2 OF 1 & 2 & W15' OF N3' OF 3
Legal Subdivision	ORIGINAL
Legal Block	23
Jurisdiction	MARTIN MN
Minor Civil Division	FAIRMONT
Census Blockgroup	4
Census Block	4040
Census Tract	790600

Owner

Source: Martin County records · APN 23.040.1610

Assessment roll updated August 3, 2026 · Last verified August 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	318 E 3RD ST, FAIRMONT, MN 56031-2830
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
Record Refreshed	Sep 20, 2026

May 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN MN
Property Address	318 E 3RD ST, FAIRMONT, MN 56031-2830
Transaction Type	Mortgage
Record Updated	Jun 21, 2019
Title Company	SOLIDIFI US INC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2019R441056
Date	May 28, 2019
Instrument	2019R-441056

Lender

Name	US BANK NA
Type	Bank
Address	CINCINNATI, OH 45202

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	359 Months
Due	Apr 23, 2049

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

Tax Assessment & Valuation

Source: Martin County records · Assessment roll updated August 3, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Martin County
Municipality	Fairmont City
Unified School District	Fairmont Area 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
2026		$125,800 (+5.1%) Land $11,900 Building $113,900	$125,800 (+5.1%) Land $11,900 Building $113,900
2025	$1,360.00 (+26.63%) Homeowner's exemption	$119,700 (+23.53%) Land $11,900 Building $107,800	$119,700 (+23.53%) Land $11,900 Building $107,800
2023		$96,900 Land $9,400 Building $87,500	$96,900 Land $9,400 Building $87,500
2022	$1,074.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	FEMA flood map data for this location is not available in our records

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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