Martin County property record for 505 E 1st St, Fairmont, MN 56031
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 1.25 ba · 816 sqft · built 1932 |
| Lot Size | 0.107 acres (4,661 sqft) |
| Owner | Company Name on File |
| Last Sale | $143,500 (Jan 2006) |
| Tax Bill | $656 (2025) |
| Deeds & Mortgages | Apr 2022 Line of Credit |
| APN | 23.272.0320 |
| Primary APN | 23.272.0320 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1.25 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 6 Rooms |
| Stories | 1 Story |
| Building Area | 816 sqft Living Area |
| 1st Floor Area | 816 sqft |
| Flooring | Carpet |
| Interior Walls | Plaster |
| Year Built | Built 1932 |
|---|---|
| Effective Year Built | Effective 1932 |
| Architectural Style | Conventional |
| Exterior Material | Stucco |
| Construction Type | Frame |
| Roof Type | Gable/Hip |
| Roof Material | Composition Shingle |
| Lot Area | 4,661 sqft (0.107 acres) |
| Lot Dimensions | 104 ft deep x 45 ft wide |
| Cooling System | Window A/C |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 505 E 1ST ST |
|---|---|
| City | FAIRMONT |
| State | MN |
| Zip | 56031-3929 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | YOUNGS ADDN. W45 E100 LOT 6 & 7 BLK 3 |
| Legal Subdivision | YOUNGS ADDN. |
| Legal Block | 3 |
| Legal Lot Number | 6,7 |
| Jurisdiction | MARTIN MN |
| Township / Civil Division | FAIRMONT |
| Census Block Group | 4 |
| Census Block | 4031 |
| Census Tract | 790600 |
505 E 1st St is owned by a company that bought it in January 2006.
Source: Martin County records, as of July 2, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 900 N NORTH AVE, FAIRMONT, MN 56031-1624 |
| 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.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 6, 2006 · Amount on File |
| Deed Sale | Jan 6, 2006 · Amount on File |
| Deed Document Number | 2006382003 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARTIN MN |
| Property Address | 505 E 1ST ST, FAIRMONT, MN 56031-3929 |
| Transaction Type | Mortgage |
| Record Updated | Aug 15, 2022 |
| Name | Verified Name |
|---|
| Document Number | 2022R454374 |
|---|---|
| Date | Apr 28, 2022 |
| Instrument | 2022R-454374 |
| Name | STATE BANK OF FAIRMONT |
|---|---|
| Type | Bank |
| Address | FAIRMONT, MN 56031 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 241 Months |
| Due | May 16, 2042 |
| Change Frequency | Quarterly |
|---|
The 2025 property tax bill for 505 E 1st St was $656.
Source: Martin County assessment roll, as of July 2, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Martin County |
| Municipality | Fairmont City |
| Unified School District | Fairmont Area School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $42,100 (+5.51%) Land $10,100 Building $32,000 | $42,100 (+5.51%) Land $10,100 Building $32,000 | |
| 2025 | $656.00 | $39,900 Land $10,100 Building $29,800 | $39,900 Land $10,100 Building $29,800 |
| 2023 | $45,500 Land $8,400 Building $37,100 | $45,500 Land $8,400 Building $37,100 | |
| 2022 | $696.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA has no flood map on file for 505 E 1st St.
Source: FEMA National Flood Hazard Layer
| FEMA Flood Zone | Not on file |
|---|
Values are read at the parcel center point; lenders make the official flood determination.
The area around 505 E 1st St 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Fairmont serves 10,328 people · EPA ID MN1460003 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Dec 2025 |
| Lead | 1 ppb (2022–2024) action level 15 ppb |
| 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. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 442 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Midco Cable | 1,250 / 60 |
| Verizon Fixed Wireless | 300 / 20 |
| GigFire Fixed Wireless | 150 / 130 |
| AT&T Fixed Wireless | 100 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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