40443 501st Ave, Nicollet, MN 56074 Property Records

Nicollet County property record for 40443 501st Ave, Nicollet, MN 56074

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,886 sqft · built 1955
Lot Size	3.5 acres (152,460 sqft)
Owner	2 Individual Names on File
Last Sale	$264,000 (Jul 2025)
Tax Bill	$2,344 (2026)
Deeds & Mortgages	Feb 2026 Mortgage Jul 2025 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`03.001.0100`

Property Details

APN / Parcel Number

Primary APN	`03.001.0100`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,886 sqft Living Area
1st Floor Area	380 sqft
Basement Area	1,140 sqft
Finished Basement	420 sqft
Unfinished Basement	420 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Architectural Style	Conventional
Exterior Material	Metal
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	152,460 sqft (3.5 acres)
Garage Type	Mixed
Garage Area	1,136 sqft
Driveway	Driveway
Parking Spaces	4 Parking Spaces

Exterior Amenities

Porch	Slab
Porch Area	110 sqft
Deck Area	120 sqft
Patio Area	196 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	40443 501ST AVE
City	NICOLLET
State	MN
Zip	56074-4394
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	COMM SW COR NW 1/4 SW 1/4, N 1902' TO BEG, E 500', N 305', W TO W LN SEC, S TO POB = 3.50AC
Legal Range	29
Legal Township	110
Legal Section	01
Jurisdiction	NICOLLET MN
Township / Civil Division	BRIGHTON
Census Block Group	1
Census Block	1001
Census Tract	480100

Owner

40443 501st Ave is owned and occupied by two individuals who bought it in July 2025.

Source: Nicollet County records, as of September 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	40443 501ST AVE, NICOLLET, MN 56074-4394
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
Feb 27, 2026	Deed of Trust, Mortgage · Conventional Mortgage PRIMESOURCE FUNDING INC
Jul 31, 2025	Warranty Deed, Transfer · Conventional Mortgage PRIMESOURCE FUNDING INC
Jul 31, 2025	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 28, 2025 · Amount on File
Deed Sale	Jul 28, 2025 · Amount on File
Deed Document Number	20251787643
Prior Transfer Date	Apr 28, 2025
Prior Transfer Doc	0000354742
Record Updated	Oct 29, 2026

February 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NICOLLET MN
Property Address	40443 501ST AVE, NICOLLET, MN 56074-4394
Transaction Type	Mortgage
Record Updated	Apr 15, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000357137
Date	Feb 27, 2026
Instrument	357137

Lender

Name	PRIMESOURCE FUNDING INC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Mar 1, 2041

July 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	NICOLLET MN
Recording Date	Jul 31, 2025
Property Address	40443 501ST AVE, NICOLLET, MN 56074-4394
Document Number	0000354744
Instrument Date	Jul 28, 2025
Instrument	354744
Transaction Type	Transfer
Record Updated	Oct 1, 2025

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$871.20
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	40443 501ST AVE, NICOLLET, MN 56074-4394

Mortgage

Document Number	0000354745
Date	Jul 31, 2025
Instrument	354745

Lender

Name	PRIMESOURCE FUNDING INC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2055

July 2025: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	NICOLLET MN
Recording Date	Jul 31, 2025
Property Address	40443 501ST AVE, NICOLLET, MN 56074-4394
Document Number	0000354742
Instrument Date	Apr 28, 2025
Instrument	354742
Transaction Type	Transfer
Record Updated	Oct 1, 2025

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40443 501ST AVE, NICOLLET, MN 56074-4394

Tax Assessment & Valuation

The 2026 property tax bill for 40443 501st Ave was $2,344 with a homeowner's exemption.

Source: Nicollet County assessment roll, as of July 10, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Nicollet County
County Subdivision	Brighton Township
Unified School District	Nicollet Public School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,344.00 Homeowner's exemption	$273,500 (+3.8%) Land $77,700 Building $195,800	$273,500 (+3.8%) Land $77,700 Building $195,800
2025	$2,344.00 (+29.79%) Homeowner's exemption	$263,500 Land $67,700 Building $195,800	$263,500 Land $67,700 Building $195,800
2024	$1,806.00 (-10.86%)
2023	$2,026.00 Homeowner's exemption	$253,800 Land $67,700 Building $186,100	$253,800 Land $67,700 Building $186,100

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

Flood

FEMA maps place 40443 501st Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2019.

Source: FEMA National Flood Hazard Layer, effective January 23, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2019)
Most Recent Claim	Jul 2019

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 40443 501st Ave is low, with less than 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 98% of the US · lower than 92% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 5 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Nuvera Communications Fixed Wireless	100 / 20

May also be available: MVTV Wireless, Verizon.

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