507 E 5th St, Fairmont, MN 56031 Property Records

Martin County property record for 507 E 5th St, Fairmont, MN 56031

Property Summary

Property Type	Single Family Home
Details	3 bd · 0.5 ba · 1,126 sqft · built 1914
Lot Size	0.09 acres (3,920 sqft)
Owner	2 Individual Names on Record
Tax Bill	$728 (2025)
Deeds & Mortgages	Nov 2025 Line of Credit Jul 2017 Foreclosure
APN	`23.118.0400`

Property Details

APN / Parcel Number

Primary APN	`23.118.0400`

Interior

Bedrooms	3 Beds
Full Baths	0.5 Baths
Half Baths	1 Half Bath
Total Rooms	2 Rooms
Stories	1 Story
Building Area	1,126 sqft Living Area
1st Floor Area	816 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1914
Effective Year Built	Effective 1917
Architectural Style	Conventional
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	3,920 sqft (0.09 acres)
Lot Dimensions	104 ft deep x 38 ft wide
Garage Area	189 sqft
Porch	Open Porch

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	507 E 5TH ST
City	FAIRMONT
State	MN
Zip	56031-3804
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	GAMBLES BLOCK-005 W37 1/2' E1/2 OF LOTS 1 & 2
Legal Subdivision	GAMBLES
Legal Block	5
Legal Lot Number	1,2
Jurisdiction	MARTIN MN
Township / Civil Division	FAIRMONT
Census Block Group	4
Census Block	4003
Census Tract	790600

Owner

Source: Martin County records, as of August 3, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	1115 DAY ST, FAIRMONT, MN 56031-4332
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 13, 2025	Deed of Trust, Mortgage · Line of Credit STATE BANK OF FAIRMONT
Jul 6, 2017	Sheriff's Deed, Foreclosure Foreclosure Auction

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 6, 2017
Deed Sale	Jul 6, 2017
Prior Sale	Jan 20, 2006 · Amount on Record
Deed Document Number	2017433542
Prior Transfer Date	Jun 29, 2017
Prior Transfer Doc	2017R433542
Record Updated	Oct 29, 2026

November 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN MN
Property Address	507 E 5TH ST, FAIRMONT, MN 56031-3804
Transaction Type	Mortgage
Record Updated	Dec 3, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1115 DAY ST, FAIRMONT, MN 56031-4332

Mortgage

Document Number	2025R467219
Date	Nov 13, 2025
Instrument	2025R-467219

Lender

Name	STATE BANK OF FAIRMONT
Type	Bank
Address	FAIRMONT, MN 56031

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Nov 3, 2045

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

July 2017: Sheriff's Deed, Foreclosure

Document Type	Sheriff's Deed
Jurisdiction	MARTIN MN
Recording Date	Jul 6, 2017
Property Address	507 E 5TH ST, FAIRMONT, MN 56031-3804
Document Number	2017R433542
Instrument Date	Jun 29, 2017
Instrument	2017R-433542
Transaction Type	Foreclosure
Record Updated	Aug 10, 2021

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Foreclosure Auction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	115 DAY ST, FAIRMONT, MN 56031

Tax Assessment & Valuation

Source: Martin County assessment roll, as of August 3, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Martin County
Municipality	Fairmont City
Unified School District	Fairmont Area School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$54,000 (+20.54%) Land $6,900 Building $47,100	$54,000 (+20.54%) Land $6,900 Building $47,100
2025	$728.00 (+7.06%)	$44,800 (-3.66%) Land $6,900 Building $37,900	$44,800 (-3.66%) Land $6,900 Building $37,900
2023		$46,500 Land $4,300 Building $42,200	$46,500 Land $4,300 Building $42,200
2022	$680.00

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

FEMA Flood Zone	Not on file

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

Wildfire

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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 488 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Midco Cable · Fixed Wireless in parts of the area	1,250 / 60
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Frontier.

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