405 Main St E, Rice, MN 56367 Property Records

Benton County property record for 405 Main St E, Rice, MN 56367 · Last verified July 2026

Property Highlights

Property TypeCommercial > Retail
Bathrooms2 Baths
Year BuiltBuilt 1987
Square Footage1,764 sqft Total Area
Lot Size60,548 sqft (1.39 acres)
Last Sale$425,000 (2026)
Tax Bill$5,258.00 (2026)

Property Details

APN / Parcel Number

Primary APN15.00428.00

Interior

Full Baths2 Baths
Units2 Units
Building Area1,764 sqft Total Area
1st Floor4,220 sqft 1st Floor
Stories1 Stories
Primary FlooringCarpet Flooring
Interior StructureWallboard/Drywall Interior Structure

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1987
Exterior MaterialStucco Exterior
Roof ConstructionGable/Hip Roof Construction
Roof MaterialComposition Shingle Roof
Lot Area60,548 sqft (1.39 acres)
Total Buildings3 Total Buildings

Utilities and HVAC

Heating SystemSpace Heating
Heating FuelElectric Heating Fuel

Location & Zoning

Street Address405 MAIN ST E
CityRICE
StateMN
Zip56367-4610
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionSECT-28 TWP-038 RANGE-031 CREAMERY ADDITION LOT-001 BLOCK-001 1.39 AC & LOT 2 LESS PARCEL 304D 0F MNDOT R/W PLAT 05-40
Legal Range031
Legal Township038
Legal Section28
Legal SubdivisionCREAMERY ADDITION
Legal Block1
Legal Lot Number1-2
JurisdictionBENTON MN
Minor Civil DivisionRICE
Census Blockgroup1
Census Block1006
Census Tract20203

Owner

Source: Benton County records · APN 15.00428.00

Assessment roll updated July 16, 2026 · Last verified July 2026

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

Owner of RecordCompany Name on File
Mailing Address771 PINE RD NE, RICE, MN 56367-9722
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Dec 13, 2022Deed of Trust, Mortgage · Commercial Mortgage
SENTRY BANK
Jun 13, 2018Deed of Trust, Mortgage · Commercial Mortgage
SENTRY BANK
Jan 05, 2009Deed of Trust, Mortgage · Commercial Mortgage
ST STEPHEN STATE BANK
Feb 28, 2012Deed of Trust, Mortgage · Commercial Mortgage
SENTRY BANK
Feb 28, 2012Deed of Trust, Mortgage · Commercial Mortgage
SENTRY BANK
May 14, 2026Warranty Deed, Transfer · Conventional Mortgage
STEARNS BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 14, 2026 · Amount on Record
Deed SaleMay 14, 2026 · Amount on Record
Deed Doc Number2026483311
Record RefreshedSep 20, 2026

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON MN
Property Address405 MAIN ST E, RICE, MN 56367-4610
Transaction TypeMortgage
Record UpdatedJun 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address405 MAIN ST E, RICE, MN 56367-4610

Mortgage

Document Number0000464195
DateDec 13, 2022
Instrument464195
Lender
NameSENTRY BANK
TypeBank
AddressSAINT JOSEPH, MN 56374
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term5 Months
DueMay 30, 2023
Interest
Rate TypeAdjustable Rate

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON MN
Property Address405 MAIN ST E, RICE, MN 56367-4610
Transaction TypeMortgage
Record UpdatedJun 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000429921
DateJun 13, 2018
Instrument429921
Lender
NameSENTRY BANK
TypeBank
AddressSAINT JOSEPH, MN 56374
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueJun 08, 2023

January 2009: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON MN
Property Address405 MAIN ST E, RICE, MN 56367-4610
Transaction TypeMortgage
Record UpdatedJun 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0001362784
DateJan 05, 2009
Instrument1362784
Lender
NameST STEPHEN STATE BANK
AddressSAINT STEPHEN, MN 56375
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term36 Months
DueDec 31, 2011

February 2012: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON MN
Property Address405 MAIN ST E, RICE, MN 56367-4610
Transaction TypeMortgage
Record UpdatedJun 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000386915
DateFeb 28, 2012
Instrument386915
Lender
NameSENTRY BANK
AddressSAINT JOSEPH, MN 56374
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term180 Months
DueFeb 24, 2027
Interest
Rate TypeAdjustable Rate

February 2012: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON MN
Property Address405 MAIN ST E, RICE, MN 56367-4610
Transaction TypeMortgage
Record UpdatedJun 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A386915
DateFeb 28, 2012
InstrumentA386915
Lender
NameSENTRY BANK
AddressSAINT JOSEPH, MN 56374
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term180 Months
DueFeb 24, 2027

May 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBENTON MN
Recording DateMay 14, 2026
Property Address405 MAIN ST E, RICE, MN 56367-4610
Document Number0000483311
Instrument DateMay 07, 2026
Instrument2026.483311
Transaction TypeTransfer
Record UpdatedMay 28, 2026
Title CompanyTRI-COUNTY ABSTRACT, TRI COUNTY ABSTRACT

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$141,652.50
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address771 PINE RD NE, RICE, MN 56367-9722

Mortgage

Document Number0000483312,
DateMay 14, 2026
Instrument2026.483312
Lender
NameSTEARNS BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term240 Months
DueMay 07, 2046
Interest
Rate TypeAdjustable Rate
Rate6.46%
Initial TypeAdjustable Rate
AdjustableDocument includes a rider for adjustable-rate mortgage with a specific rate change date.
Max Rate-1%

Mortgage

Document Number0000483315,
DateMay 14, 2026
Instrument2026.483315
Lender
Agreement
AmountAmount Recorded
Term5 Months
DueMay 07, 2031
Interest
Rate6.46%
Max Rate-1%

Tax Assessment & Valuation

Source: Benton County records · Assessment roll updated July 16, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyBenton County
MunicipalityRice City
Unified School DistrictSauk Rapids-Rice Public Schools (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$5,258.00 (+6.31%)$244,300 (+0.74%) Land $145,300 Building $99,000$244,300 (+0.74%) Land $145,300 Building $99,000
2025$4,946.00 (+23.46%)$242,500 (+7.49%) Land $145,200 Building $97,300$242,500 (+7.49%) Land $145,200 Building $97,300
2023$4,006.00$225,600 Land $141,900 Building $83,700$225,600 Land $141,900 Building $83,700

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