415 Main St, Nerstrand, MN 55053 Property Records

Rice County property record for 415 Main St, Nerstrand, MN 55053 · Last verified June 2026

Property Summary

Property Type	Grain Elevator
Details	3,200 sqft · built 1975
Lot Size	7.6 acres (331,056 sqft)
Owner	Company Name on File
Last Sale	$600,000 (Sep 2005)
Tax Bill	$24,960 (2026)
Deeds & Mortgages	Aug 2020 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`21.14.1.00.004`

Property Details

APN / Parcel Number

Primary APN	`21.14.1.00.004`

Interior

Stories	1 Story
Building Area	3,200 sqft Total Area

Exterior

Year Built	Built 1975
Effective Year Built	Effective 1975
Lot Area	331,056 sqft (7.6 acres)
Total Buildings	5 Buildings

Location & Zoning

Street Address	415 MAIN ST
City	NERSTRAND
State	MN
Zip	55053-4406
Property Category	Industrial
Property Type	Industrial > Grain Elevator
Legal Description	PART NE4 LYG NELY FR NELY R/W RR BAP N LI NE4 396.03FT WLY FR NE COR NE4 TH NW ALG N LI 779.36FT TAP IN NELY R/W LI RR TH
Legal Range	019
Legal Township	110
Legal Section	14
Jurisdiction	RICE MN
Township / Civil Division	NERSTRAND
Census Block Group	2
Census Block	2019
Census Tract	70400

Owner

Source: Rice County records · APN 21.14.1.00.004

Assessment roll updated June 8, 2026 · Last verified June 2026

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

Owner of Record	Company Name on File
Mailing Address	7010 295TH ST E, CANNON FALLS, MN 55009-9273
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 02, 2005 · Amount on Record
Deed Sale	Sep 02, 2005 · Amount on Record
Deed Document Number	200545924
Record Updated	Sep 20, 2026

August 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	415 MAIN ST, NERSTRAND, MN 55053-4406
Document Number	0000729789
Instrument Date	Aug 31, 2020
Transaction Type	Mortgage
Record Updated	Sep 15, 2020
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7010 295TH ST E CANNON FALLS MN 550099273, CANNON FALLS, MN 55009-9273

Mortgage

Document Number	0000729789
Date	Aug 31, 2020
Instrument	729789

Lender

Name	FIRST FARMERS & MERCHANTS BK
Type	Bank
Address	920 4TH ST S, CANNON FALLS, MN 55009-2552

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Nerstrand City
Unified School District	Faribault Public 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	$24,960.00 (+6.05%)	$1,139,800 (+11.12%) Land $193,600 Building $946,200	$1,139,800 (+11.12%) Land $193,600 Building $946,200
2025		$1,025,700 (+8.42%) Land $187,100 Building $838,600	$1,025,700 (+8.42%) Land $187,100 Building $838,600
2024	$23,536.00 (+4.7%)	$946,000 (-) Land $148,100 Building $797,900	$946,000 (-) Land $148,100 Building $797,900
2023	$22,480.00	$946,000 Land $148,100 Building $797,900	$946,000 Land $148,100 Building $797,900

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Rice County (27131C), updated April 14, 2022 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

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.