Martin County property record for 407 Lake Ave, Fairmont, MN 56031
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 2 ba · 1,980 sqft · built 1894 |
| Lot Size | 0.256 acres (11,151 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $1,856 (2025) |
| Deeds & Mortgages | Jan 2019 Mortgage |
| APN | 23.040.2690 |
| Primary APN | 23.040.2690 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 2 Baths |
| Total Rooms | 9 Rooms |
| Stories | 2 Stories |
| Building Area | 1,980 sqft Living Area |
| 1st Floor Area | 900 sqft |
| Flooring | Carpet |
| Interior Walls | Plaster |
| Year Built | Built 1894 |
|---|---|
| Effective Year Built | Effective 1902 |
| Architectural Style | Conventional |
| Exterior Material | Vinyl |
| Construction Type | Frame |
| Roof Type | Gable/Hip |
| Roof Material | Composition Shingle |
| Lot Area | 11,151 sqft (0.256 acres) |
| Lot Dimensions | 150 ft deep x 73 ft wide |
| Garage Area | 140 sqft |
| Porch | Open Porch |
| Deck Area | Deck Area |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 407 LAKE AVE |
|---|---|
| City | FAIRMONT |
| State | MN |
| Zip | 56031-1842 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | ORIGINAL LOT 7 & 22.55' OF LOT 6 BLK 34 |
| Legal Subdivision | ORIGINAL |
| Legal Block | 34 |
| Legal Lot Number | 6,7 |
| Jurisdiction | MARTIN MN |
| Township / Civil Division | FAIRMONT |
| Census Block Group | 1 |
| Census Block | 1021 |
| Census Tract | 790501 |
407 Lake Ave is owned and occupied by an individual.
Source: Martin County records, as of August 3, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 407 LAKE AVE, FAIRMONT, MN 56031-1842 |
| 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.
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARTIN MN |
| Property Address | 407 LAKE AVE, FAIRMONT, MN 56031-1842 |
| Transaction Type | Mortgage |
| Record Updated | Feb 11, 2019 |
| Name | Verified Name |
|---|
| Document Number | 2019R439981 |
|---|---|
| Date | Jan 29, 2019 |
| Instrument | 2019R-439981 |
| Name | PROFINIUM FINANCIAL INC |
|---|---|
| Type | Funding / Finance Company |
| Address | FAIRMONT, MN 56031 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Jan 25, 2024 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
The 2025 property tax bill for 407 Lake Ave was $1,856 with a homeowner's exemption.
Source: Martin County assessment roll, as of August 3, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Martin County |
| Municipality | Fairmont City |
| Unified School District | Fairmont Area School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $157,100 (+4.11%) Land $19,600 Building $137,500 | $157,100 (+4.11%) Land $19,600 Building $137,500 | |
| 2025 | $1,856.00 Homeowner's exemption | $150,900 Land $19,600 Building $131,300 | $150,900 Land $19,600 Building $131,300 |
| 2023 | $118,000 Land $9,300 Building $108,700 | $118,000 Land $9,300 Building $108,700 | |
| 2022 | $1,508.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA has no flood map on file for 407 Lake Ave.
Source: FEMA National Flood Hazard Layer
| FEMA Flood Zone | Not on file |
|---|
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 407 Lake 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 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Fairmont serves 10,328 people · EPA ID MN1460003 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Dec 2025 |
| Lead | 1 ppb (2022–2024) action level 15 ppb |
| 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. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 385 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Midco Cable | 1,250 / 60 |
| Verizon Fixed Wireless | 300 / 20 |
| GigFire Fixed Wireless | 150 / 130 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: Frontier.
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