48938 206th St, Lake Crystal, MN 56055 Property Records

Blue Earth County property record for 48938 206th St, Lake Crystal, MN 56055

Property Summary

Property Type	Farm - Irrigated or Dry
Lot Size	80 acres (3,484,800 sqft)
Owner	Individual Name on File
Tax Bill	$15,010 (2026)
Deeds & Mortgages	Oct 2020 Mortgage Apr 2017 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R31.06.22.300.001`

Property Details

APN / Parcel Number

Primary APN	`R31.06.22.300.001`

Exterior

Lot Area	3,484,800 sqft (80 acres)
Porch	Porch
Porch Area	2,720 sqft

Location & Zoning

Street Address	48938 206TH ST
City	LAKE CRYSTAL
State	MN
Zip	56055-4599
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > Farm - Irrigated or Dry
Legal Description	W2 OF SW4 022 108 29 080.000A
Legal Range	29
Legal Township	108
Legal Section	22
Jurisdiction	BLUE EARTH MN
Township / Civil Division	BUTTERNUT VALLEY
Census Block Group	1
Census Block	1065
Census Tract	170900

Owner

48938 206th St, an agricultural property, is owned by an individual who acquired it in April 2017.

Source: Blue Earth County records, as of May 12, 2026

Owner of Record	Individual Name on File
Mailing Address	51676 EAGLE LN, LAKE CRYSTAL, MN 56055-2382
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.

Deeds, Mortgages & Sale History

Date	Document
Oct 6, 2020	Deed of Trust, Mortgage · Commercial Mortgage MORESEN SERVICE INC
Apr 14, 2017	Intrafamily Transfer, Transfer Quitclaim
Apr 14, 2017	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Apr 12, 2017
Transfer Doc	556CR090
Record Updated	Jun 8, 2026

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Property Address	48938 206TH ST, LAKE CRYSTAL, MN 56055-4599
Transaction Type	Mortgage
Record Updated	Jun 6, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00583CR784
Date	Oct 6, 2020
Instrument	583CR784

Lender

Name	MORESEN SERVICE INC
Type	Funding / Finance Company

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	132 Months
Due	Jan 1, 2031

Interest

Rate Type	Fixed Rate

April 2017: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BLUE EARTH MN
Recording Date	Apr 14, 2017
Property Address	48938 206TH ST, LAKE CRYSTAL, MN 56055-4599
Document Number	556CR090
Instrument Date	Apr 12, 2017
Instrument	556CR090
Transaction Type	Transfer
Record Updated	Feb 6, 2021

Transaction

Amount	Amount on Record
Tax	$1.65
Amount Accuracy	Calculated from Transfer Tax
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	51676 EAGLE LN, LAKE CRYSTAL, MN 56055-2382

April 2017: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BLUE EARTH MN
Recording Date	Apr 14, 2017
Property Address	48938 206TH ST, LAKE CRYSTAL, MN 56055-4599
Document Number	00556CR090
Instrument Date	Apr 12, 2017
Instrument	556CR090
Transaction Type	Transfer
Record Updated	Jun 6, 2022

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	51676 EAGLE LN, LAKE CRYSTAL, MN 56055-2382

Tax Assessment & Valuation

The 2026 property tax bill for 48938 206th St was $15,010.

Source: Blue Earth County assessment roll, as of May 12, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Blue Earth County
County Subdivision	Butternut Valley Township
Unified School District	Lake Crystal-Wellcome Memorial (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$15,010.00	$3,353,200 (-3.68%) Land $699,400 Building $2,653,800	$3,353,200 (-3.68%) Land $699,400 Building $2,653,800
2025		$3,481,300 (-5.97%) Land $698,000 Building $2,783,300	$3,481,300 (-5.97%) Land $698,000 Building $2,783,300
2024	$16,538.00 (-3.77%)	$3,702,400 (-6.17%) Land $780,000 Building $2,922,400	$3,702,400 (-6.17%) Land $780,000 Building $2,922,400
2023	$17,186.00	$3,945,700 Land $727,200 Building $3,218,500	$3,945,700 Land $727,200 Building $3,218,500

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

Flood

FEMA maps place 48938 206th St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2001.

Source: FEMA National Flood Hazard Layer, effective March 11, 2024 · 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
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (2001)
Most Recent Claim	Apr 2001 · Severe Winter Storms, Flooding, And Tornadoes

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

Wildfire risk around 48938 206th St 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 98% of the US · lower than 92% 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 1 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
MVTV Wireless Fixed Wireless	50 / 10
Nuvera Communications Fixed Wireless	25 / 3

Cell Coverage

5G (outdoors only) and 4G LTE

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