48805 387th Ln, Saint Peter, MN 56082 Property Records

Nicollet County property record for 48805 387th Ln, Saint Peter, MN 56082

Property Summary

Property TypeSingle Family Home
Details4 bd · 2 ba · 1,902 sqft · built 1905
Lot Size5.76 acres (250,906 sqft)
OwnerIndividual Name on Record
Last Sale$260,000 (Dec 2024)
Tax Bill$1,608 (2026)
Deeds & MortgagesOct 2020 Mortgage
Oct 2019 Mortgage
Flood ZoneZone X (minimal risk)
APN01.014.1500

Property Details

APN / Parcel Number

Primary APN01.014.1500

Interior

Bedrooms4 Beds
Full Baths2 Baths
Total Rooms8 Rooms
Stories1 Story
Building Area1,902 sqft Living Area
Basement Area1,080 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1905
Effective Year BuiltEffective 1905
Architectural StyleConventional
Exterior MaterialMetal
Construction TypeFrame
Foundation TypeBlock
Roof TypeGable
Roof MaterialAsphalt
Lot Area250,906 sqft (5.76 acres)
Garage TypeDetached
Garage Area576 sqft
Parking Spaces2 Parking Spaces
Utility Building3,600 sqft

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address48805 387TH LN
CitySAINT PETER
StateMN
Zip56082-5053
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionCOMM SW COR, ELY 1308.74', NLY 1313.3' TO BEG, NE 390.39', SLY 169.21', NW 427.93', NE 120', 364.29', SE 159.28', 163.4', SLY
Legal Range27
Legal Township109
Legal Section14
JurisdictionNICOLLET MN
Township / Civil DivisionBELGRADE
Census Block Group2
Census Block2038
Census Tract480200

Owner

Source: Nicollet County records, as of September 23, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address48805 387TH LN, SAINT PETER, MN 56082-5053
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Oct 1, 2020Deed of Trust, Mortgage · Conventional Mortgage
SOUTHPOINT FCU
Oct 17, 2019Deed of Trust, Mortgage · ARM
SOUTHPOINT FCU

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 13, 2024 · Amount on Record
Deed SaleDec 13, 2024 · Amount on Record
Deed Document Number2024352366
Record UpdatedOct 29, 2026

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNICOLLET MN
Property Address48805 387TH LN, SAINT PETER, MN 56082-5053
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number334165
DateOct 1, 2020
Instrument334165
Lender
NameSOUTHPOINT FCU
TypeCredit Union
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

October 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNICOLLET MN
Property Address48805 387TH LN, SAINT PETER, MN 56082-5053
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number329450
DateOct 17, 2019
Instrument329450
Lender
NameSOUTHPOINT FCU
TypeCredit Union
Agreement
TypeARM
AmountAmount Recorded
Term84 Months
DueNov 1, 2026
Interest
Rate TypeAdjustable Rate
AdjustableAdjustable Rate Rider
Type Change DateNov 1, 2026
Change FrequencyAnnually
Min Rate At Change2%
Max Rate At Change5.37%
Index5-Year CMT

Tax Assessment & Valuation

Source: Nicollet County assessment roll, as of July 10, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyNicollet County
County SubdivisionBelgrade Township
Unified School DistrictMankato Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,608.00 Homeowner's exemption$254,600 (+1.03%) Land $118,800 Building $135,800$254,600 (+1.03%) Land $118,800 Building $135,800
2025$1,608.00 (-31.75%)
2023$2,356.00 Homeowner's exemption$252,000 Land $108,800 Building $143,200$252,000 Land $108,800 Building $143,200

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

Flood

Source: FEMA National Flood Hazard Layer, effective January 23, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims4 (2010–2024)
Most Recent ClaimJun 2024 · Severe Storms And Flooding
Claims by Event
  • Severe Storms And Flooding, Jun 2024 · 3 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

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

Wildfire RiskLow
lower than 96% of the US · lower than 86% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 10 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Fidium Fiber
Fiber
2,000 / 2,000
GigFire
Fixed Wireless
150 / 130

Cell Coverage

5G (outdoors only) and 4G LTE

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