502 Ford St E, Northfield, MN 55057 Property Records

Rice County property record for 502 Ford St E, Northfield, MN 55057

Property Summary

Property TypeCondominium
Details2 bd · 3 ba · 1,580 sqft · built 2005
Lot Size0.022 acres (970 sqft)
OwnerCompany Name on Record
Last Sale$124,000 (Aug 2014)
Tax Bill$4,342 (2026)
Deeds & MortgagesDec 2019 Loan Modification
Dec 2018 Line of Credit
+ 1 more
Flood ZoneZone X (moderate risk)
APN22.07.3.02.007

Property Details

APN / Parcel Number

Primary APN22.07.3.02.007

Interior

Bedrooms2 Beds
Full Baths3 Baths
Half Baths2 Half Baths
Plumbing Fixtures10 Plumbing Fixtures
Total Rooms5 Rooms
Stories2 Stories
Building Area1,580 sqft Living Area
1st Floor Area610 sqft
FlooringLaminate Plank
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 2005
Effective Year BuiltEffective 2005
Architectural StyleOther
Exterior MaterialVinyl
Roof TypeGable
Roof MaterialAsphalt
Lot Area970 sqft (0.022 acres)
Garage TypeAttached
Garage Area397 sqft
DrivewayAsphalt Driveway
Parking Spaces1 Parking Space
PorchSlab
Porch Area36 sqft
Patio Area45 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address502 FORD ST E
CityNORTHFIELD
StateMN
Zip55057-3276
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal DescriptionLOT 307 OF SOUTHBRIDGE CONDO CIC #53 UNIT 307 SOUTHBRIDGE CONDOMINIUM CIC #53
Legal SubdivisionSOUTHBRIDGE CONDO CIC #53
Legal Lot Number307
Legal Unit307
JurisdictionRICE MN
Township / Civil DivisionNORTHFIELD
Census Block Group2
Census Block2004
Census Tract70503

Owner

Source: Rice County records, as of June 8, 2026

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

Owner of RecordCompany Name on Record
Mailing Address3956 OTTER BEND CIR, FORT MYERS, FL 33905-5885
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 26, 2019Loan Modification, Mortgage
NOT AVAILABLE
Dec 11, 2018Trustee's Deed, Construction Loan · Line of Credit
FRANDSEN BK&TR
Oct 24, 2017Deed of Trust, Mortgage · Line of Credit
ROUNDBANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 7, 2014 · Amount on Record
Deed SaleAug 7, 2014 · Amount on Record
Deed Document Number2014249818
Record UpdatedSep 20, 2026

December 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRICE MN
Property Address502 FORD ST E, NORTHFIELD, MN 55057-3276
Document Number0000724390
Instrument DateDec 26, 2019
Transaction TypeMortgage
Record UpdatedMar 19, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address502 FORD ST E NORTHFIELD MN 550573276, NORTHFIELD, MN 55057-3276

December 2018: Trustee's Deed, Construction Loan

Document TypeTrustee's Deed
JurisdictionRICE MN
Recording DateDec 11, 2018
Property Address502 FORD ST E, NORTHFIELD, MN 55057-3276
Instrument DateDec 5, 2018
Instrument712650
Transaction TypeConstruction Loan
Record UpdatedDec 27, 2018

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address614 SOUTHBRIDGE DR NORTHFIELD MN 550573281, NORTHFIELD, MN 55057-3281

Mortgage

Document Number0000712650
DateDec 11, 2018
Instrument712650
Lender
NameFRANDSEN BK&TR
TypeBank
AddressDUNDAS, MN 55019
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueDec 10, 2019
Interest
Rate TypeAdjustable Rate

October 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address502 FORD ST E, NORTHFIELD, MN 55057-3276
Document Number0000702499
Instrument DateOct 24, 2017
Transaction TypeMortgage
Record UpdatedNov 15, 2017

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

Mortgage

Document Number0000702499
DateNov 3, 2017
Instrument702499
Lender
NameROUNDBANK
TypeBank
AddressFARMINGTON, MN 55024
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueNov 2, 2022
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
MunicipalityNorthfield City
Unified School DistrictNorthfield Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$4,342.00 (+28.08%)$250,700 (+3.51%) Land $40,000 Building $210,700$250,700 (+3.51%) Land $40,000 Building $210,700
2025$242,200 (+12.6%) Land $43,500 Building $198,700$242,200 (+12.6%) Land $43,500 Building $198,700
2024$3,390.00 (+23.36%)$215,100 (-) Land $41,500 Building $173,600$215,100 (-) Land $41,500 Building $173,600
2023$2,748.00$215,100 Land $41,500 Building $173,600$215,100 Land $41,500 Building $173,600

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 April 14, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force

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 99.8% of the US · lower than 99.4% 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.

Drinking Water

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

Water SystemNorthfield
serves 20,790 people · EPA ID MN1660010
Water SourceGroundwater
Last State InspectionSep 2024
Lead3 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 190 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Midco
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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