407 3rd St, Welcome, MN 56181 Property Records

Martin County property record for 407 3rd St, Welcome, MN 56181 · Last verified August 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 1 ba · 2,038 sqft · built 1905
Lot Size	0.321 acres (13,983 sqft)
Owner	Individual Name on File
Last Sale	$170,000 (Aug 2024)
Tax Bill	$3,664 (2025)
Deeds & Mortgages	Nov 2017 Sale & Mortgage
APN	`42.060.0610`

Property Details

APN / Parcel Number

Primary APN	`42.060.0610`

Interior

Bedrooms	4 Beds
Full Baths	1 Bath
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	2,038 sqft Living Area
1st Floor Area	836 sqft
Basement Area	508 sqft
Finished Basement	508 sqft
Flooring	Wood
Interior Walls	Plaster

Exterior

Year Built	Built 1905
Effective Year Built	Effective 1907
Architectural Style	Conventional
Exterior Material	Stucco
Construction Type	Frame
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	13,983 sqft (0.321 acres)
Lot Dimensions	100 ft deep x 140 ft wide
Garage Area	280 sqft
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	407 3RD ST
City	WELCOME
State	MN
Zip	56181-5001
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ORIGINAL LOTS 7 & 8 BLK 7
Legal Subdivision	ORIGINAL
Legal Block	7
Legal Lot Number	7,8
Jurisdiction	MARTIN MN
Township / Civil Division	WELCOME
Census Block Group	3
Census Block	3034
Census Tract	790200

Owner

Source: Martin County records · APN 42.060.0610

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	Individual Name on File
Mailing Address	407 3RD ST, WELCOME, MN 56181-5001
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Aug 23, 2024 · Amount on Record
Deed Sale	Aug 23, 2024 · Amount on Record
Prior Sale	Nov 28, 2017 · Amount on Record
Deed Document Number	2024462702
Record Updated	Sep 20, 2026

November 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARTIN MN
Recording Date	Nov 28, 2017
Property Address	407 3RD ST, WELCOME, MN 56181-5001
Document Number	2017R435257
Instrument Date	Nov 28, 2017
Instrument	2017R-435257
Transaction Type	Transfer
Record Updated	Aug 10, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$462.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	407 3RD ST, WELCOME, MN 56181-5001

Mortgage

Document Number	2017R435258
Date	Nov 28, 2017
Instrument	2017R-435258

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Dec 01, 2032

Mortgage

Document Number	2017R435259
Date	Nov 28, 2017
Instrument	2017R-435259

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	NEW ULM, MN 56073

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	73 Months
Due	Dec 01, 2023

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	Welcome City
Unified School District	Martin County West 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		$167,300 (-6.69%) Land $12,900 Building $154,400	$167,300 (-6.69%) Land $12,900 Building $154,400
2025	$3,664.00 (+34.61%) Homeowner's exemption	$179,300 (-7.05%) Land $12,900 Building $166,400	$179,300 (-7.05%) Land $12,900 Building $166,400
2023		$192,900 Land $4,800 Building $188,100	$192,900 Land $4,800 Building $188,100
2022	$2,722.00

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	Not on file

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 139 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Rural Communications Holding	Fiber	1,000 / 1,000
LTD Broadband	Fixed Wireless (licensed-by-rule)	150 / 130
Midcontinent Communications	Fixed Wireless	100 / 20

Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G (outdoors only) and 4G LTE

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