502 E 3rd St, Fairmont, MN 56031 Property Records

Martin County property record for 502 E 3rd St, Fairmont, MN 56031 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms0.5 Baths
Year BuiltBuilt 1902
Square Footage1,539 sqft Living Area
Lot Size12,981 sqft (0.298 acres)
OccupancyOwner Occupied
Last Sale$18,000 (2015)
Tax Bill$1,934.00 (2025)

Property Details

APN / Parcel Number

Primary APN23.272.0610

Interior

Bedrooms3 Beds
Full Baths0.5 Baths
Partial Baths1 Partial Baths
Total Rooms3 Rooms
Building Area1,539 sqft Living Area
1st Floor869 sqft 1st Floor
Stories1 Stories
Primary FlooringCarpet Flooring
Interior StructureWallboard/Drywall Interior Structure

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1902
Architectural StyleConventional Style
Exterior MaterialMetal Exterior
Construction TypeSteel Frame Construction
Roof ConstructionGable/Hip Roof Construction
Roof MaterialComposition Shingle Roof
Lot Area12,981 sqft (0.298 acres)
Depth X Width100 ft x 130 ft Depth x Width
Parking Spaces4 Parking Spaces
Garage Area1,120 sqft Garage
PorchOpen Porch

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating

Location & Zoning

Street Address502 E 3RD ST
CityFAIRMONT
StateMN
Zip56031-3907
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionYOUNGS ADDN. W100 N1/2 OF LOT 8 & W100 OF 9 & 10 BLK 6
Legal SubdivisionYOUNGS ADDN.
Legal Block6
Legal Lot Number8
JurisdictionMARTIN MN
Minor Civil DivisionFAIRMONT
Census Blockgroup4
Census Block4032
Census Tract790600

Owner

Source: Martin County records · APN 23.272.0610

Assessment roll updated July 2, 2026 · Last verified July 2026

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

Owner of Record2 Individual Names on File
Mailing Address502 E 3RD ST, FAIRMONT, MN 56031-3907
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jul 11, 2023Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
ROCKET MORTGAGE LLC
Aug 17, 2017Deed of Trust, Mortgage · Federal Housing Administration (FHA) Mortgage
QUICKEN LOANS INC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleAug 12, 2015 · Amount on Record
Deed SaleAug 12, 2015 · Amount on Record
Prior SaleMay 14, 2014 · Amount on Record
Deed Doc Number2015393665
Prior Transfer DateJun 17, 2005
Prior Transfer Doc2005R378635
Record RefreshedSep 20, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARTIN MN
Property Address502 E 3RD ST, FAIRMONT, MN 56031-3907
Transaction TypeMortgage
Record UpdatedJul 31, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2023R458750
DateJul 11, 2023
Instrument2023R-458750
Lender
NameROCKET MORTGAGE LLC
TypeMortgage Company
AddressDETROIT, MI 48226
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term361 Months
DueAug 01, 2053

August 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARTIN MN
Property Address502 E 3RD ST, FAIRMONT, MN 56031-3907
Transaction TypeMortgage
Record UpdatedSep 08, 2017

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number, 2017R-434052
DateAug 17, 2017
Instrument2017R-434052
Lender
NameQUICKEN LOANS INC
TypeLending Institution
AddressDetroit, MI 48226
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term361 Months
DueSep 01, 2047

Tax Assessment & Valuation

Source: Martin County records · Assessment roll updated July 2, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyMartin County
MunicipalityFairmont City
Unified School DistrictFairmont Area 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.

YearTax BillAssessed ValueAssessed Market Value
2026$164,800 (+27.85%) Land $28,000 Building $136,800$164,800 (+27.85%) Land $28,000 Building $136,800
2025$1,934.00 (+5.34%) Homeowner's exemption$128,900 (+26.87%) Land $28,000 Building $100,900$128,900 (+26.87%) Land $28,000 Building $100,900
2024$1,836.00 (+7.87%)
2023$101,600 Land $18,800 Building $82,800$101,600 Land $18,800 Building $82,800
2022$1,702.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneFEMA flood map data for this location is not available in our records

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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