540 E Academy St, Owatonna, MN 55060 Property Records

Steele County property record for 540 E Academy St, Owatonna, MN 55060 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 1949
Square Footage	2,026 sqft Finished Area
Lot Size	10,411 sqft (0.239 acres)
Occupancy	Owner Occupied
Last Sale	$251,000 (2023)
Tax Bill	$3,864.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`17-136-0207`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Total Rooms	9 Rooms
Building Area	2,026 sqft Finished Area
Basement Area	339 sqft Basement
Finished Basement	339 sqft Finished
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1949
Effective Year Built	Effective 1949
Exterior Material	Wood Exterior
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	10,411 sqft (0.239 acres)
Parking Spaces	2 Parking Spaces
Garage Type	Detached Garage
Garage Area	420 sqft Garage

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Forced Air with Air Conditioning Heating

Location & Zoning

Street Address	540 E ACADEMY ST
City	OWATONNA
State	MN
Zip	55060-3021
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	BLK.2 LOT 7 RE-PLAT OF HIGHLAND PARK ADDN
Legal Subdivision	PARK ADDN
Legal Block	2
Legal Lot Number	7
Jurisdiction	STEELE MN
Minor Civil Division	OWATONNA
Census Blockgroup	2
Census Block	2026
Census Tract	960200

Owner

Source: Steele County records · APN 17-136-0207

Assessment roll updated September 8, 2025 · Last verified August 2026

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

Owner of Record	Individual Name on File
Mailing Address	540 E ACADEMY ST, OWATONNA, MN 55060-3021
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 19, 2023 · Amount on Record
Deed Sale	Jul 19, 2023 · Amount on Record
Prior Sale	Jul 27, 2015 · Amount on Record
Deed Doc Number	20231559010
Record Refreshed	Sep 20, 2026

July 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	STEELE MN
Recording Date	Jul 20, 2023
Property Address	540 E ACADEMY ST, OWATONNA, MN 55060-3021
Document Number	A000449004
Instrument Date	Jul 19, 2023
Instrument	A000449004
Transaction Type	Transfer
Record Updated	Aug 09, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$828.30
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 E ACADEMY ST, OWATONNA, MN 55060-3021

Mortgage

Document Number	A000449005
Date	Jul 20, 2023
Instrument	A000449005

Lender

Name	BAY EQUITY LLC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Aug 01, 2053

Tax Assessment & Valuation

Source: Steele County records · Assessment roll updated September 8, 2025 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Steele County
Municipality	Owatonna City
Unified School District	Owatonna Public 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,864.00 (+11.74%)
2025		$274,200 (+16.98%) Land $38,800 Building $235,400	$274,200 (+16.98%) Land $38,800 Building $235,400
2023	$3,458.00 (+6.73%) Homeowner's exemption	$234,400 (+3.44%) Land $27,500 Building $206,900	$234,400 (+3.44%) Land $27,500 Building $206,900
2022	$3,240.00 Homeowner's exemption	$226,600 Land $26,100 Building $200,500	$226,600 Land $26,100 Building $200,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Steele County (27147C), updated November 11, 2014 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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