421 State Ave, Owatonna, MN 55060 Property Records

Steele County property record for 421 State Ave, Owatonna, MN 55060

Property Summary

Property Type	Apartments (5+ Units)
Details	4,728 sqft · built 1932
Lot Size	0.674 acres (29,359 sqft)
Owner	Company Name on File
Last Sale	$1,050,000 (Sep 2019)
Tax Bill	$12,120 (2026)
Deeds & Mortgages	Sep 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-265-0106`

Property Details

APN / Parcel Number

Primary APN	`17-265-0106`

Interior

Units	11 Units
Stories	1 Story
Building Area	4,728 sqft Finished Area
1st Floor Area	2,220 sqft

Exterior

Year Built	Built 1932
Effective Year Built	Effective 1932
Exterior Material	Brick
Foundation Type	Concrete
Roof Material	Asphalt
Lot Area	29,359 sqft (0.674 acres)
Garage Type	Detached
Parking Spaces	6 Parking Spaces

Utilities, Heating & Cooling

Heating System	Hot Water

Location & Zoning

Street Address	421 STATE AVE
City	OWATONNA
State	MN
Zip	55060-2200
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	RADEL # 2 BLK 1 LOT 6 EX W62' OF S35' TORRENS PROPERTY
Legal Section	TW
Legal Subdivision	RADEL # 2
Legal Block	1
Legal Lot Number	6
Jurisdiction	STEELE MN
Township / Civil Division	OWATONNA
Census Block Group	2
Census Block	2052
Census Tract	960400

Owner

421 State Ave, a residential property, is owned by a company that bought it in September 2019.

Source: Steele County records, as of October 1, 2026

Owner of Record	Company Name on File
Mailing Address	86 SPRUCE ST, SAINT PAUL, MN 55115-1977
Owner Type	Company
Vesting	Company

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

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 24, 2019 · Amount on File
Deed Sale	Sep 24, 2019 · Amount on File
Prior Sale	Apr 10, 2015 · Amount on File
Deed Document Number	201977662
Prior Transfer Date	Jan 14, 2009
Prior Transfer Doc	0000064330
Record Updated	Oct 29, 2026

September 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	STEELE MN
Recording Date	Sep 24, 2019
Property Address	421 STATE AVE, OWATONNA, MN 55060-2200
Document Number	T000077662
Instrument Date	Sep 16, 2019
Instrument	T000077662
Transaction Type	Transfer
Record Updated	Nov 29, 2023
Title Company	SERVION COMMERCIAL TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,465.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	86 SPRUCE ST, MAHTOMEDI, MN 55115-1977

Mortgage

Document Number	T000077663
Date	Sep 24, 2019
Instrument	T000077663

Lender

Name	ROYAL CU

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 421 State Ave was $12,120.

Source: Steele County assessment roll, as of October 1, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Steele County
Municipality	Owatonna City
Unified School District	Owatonna Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$12,120.00	$684,500 (+8.69%) Land $80,800 Building $603,700	$684,500 (+8.69%) Land $80,800 Building $603,700
2025		$629,800 Land $77,800 Building $552,000	$629,800 Land $77,800 Building $552,000
2023	$10,686.00	$589,600 Land $77,800 Building $511,800	$589,600 Land $77,800 Building $511,800

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

Flood

FEMA maps place 421 State Ave in Zone X, an area of minimal flood risk, though there have been 17 flood claims nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective November 11, 2014 · 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
Flood Insurance Cost	Premium on File median of 11 policies
Nearby Flood Policies	11 in force
Nearby Flood Claims	17 (2010–2016)
Claims Outside the SFHA	2 of 17
Most Recent Claim	Sep 2016 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Sep 2016 · 17 claims

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

The area around 421 State Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Owatonna serves 26,430 people · EPA ID MN1740007
Water Source	Groundwater
Last State Inspection	Dec 2025
Lead	2 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 229 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Minnesota WiFi.

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