507 Prospect St, Milroy, MN 56263 Property Records

Redwood County property record for 507 Prospect St, Milroy, MN 56263

Property Summary

Property TypeMulti-Family Dwellings
Details2,400 sqft · built 2015
Lot Size0.364 acres (15,861 sqft)
Owner2 Individual Names on File
Last Sale$52,000 (Jul 2023)
Tax Bill$1,440 (2026)
Flood ZoneZone X (minimal risk)
APN85-200-0460

Property Details

APN / Parcel Number

Primary APN85-200-0460

Interior

Building Area2,400 sqft Total Area

Exterior

Year BuiltBuilt 2015
Effective Year BuiltEffective 2015
Architectural StyleMulti-Family
Lot Area15,861 sqft (0.364 acres)

Location & Zoning

Street Address507 PROSPECT ST
CityMILROY
StateMN
Zip56263
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Legal DescriptionLOT 1 & LOT 2 EX S1/2 & PART OF VACATED RAILROAD STREET
Legal Range00
Legal Township00
Legal Section00
Legal SubdivisionORIGINAL
Legal Block4
Legal Lot Number1,2
JurisdictionREDWOOD MN
Township / Civil DivisionMILROY
Census Block Group2
Census Block2019
Census Tract750500

Owner

Source: Redwood County records, as of September 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record2 Individual Names on File
Mailing Address507 PROSPECT ST, MILROY, MN 56263
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJul 7, 2023 · Amount on File
Deed SaleJul 7, 2023 · Amount on File
Deed Document Number20231554904
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

Source: Redwood County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyRedwood County
MunicipalityMilroy City
Elementary School DistrictMilroy Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,440.00$76,500 (+162.89%) Land $5,000 Building $71,500$76,500 (+162.89%) Land $5,000 Building $71,500
2025$1,440.00 (+38.2%)
2023$1,042.00$29,100 Land $5,000 Building $24,100$29,100 Land $5,000 Building $24,100

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 May 5, 2023

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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 RiskNot 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 SystemMilroy
serves 252 people · EPA ID MN1640005
Water SourceGroundwater
Last State InspectionFeb 2026
Lead4 ppb (2024–2026)
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 61 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Minnesota Valley Telephone
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
GigFire
Fixed Wireless
150 / 130
Midco
Fixed Wireless
100 / 20

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