541 S 2nd St, Minneapolis, MN 55401 Property Records

Hennepin County property record for 541 S 2nd St, Minneapolis, MN 55401

Property Summary

Property Type	Condominium
Details	2 bd · 1.5 ba · 1,428 sqft · built 2004
Lot Size	0.245 acres (10,685 sqft)
Owner	2 Individual Names on Record
Last Sale	$500,000 (Aug 2025)
Tax Bill	$6,882 (2025)
Deeds & Mortgages	May 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`23-029-24-34-0400`

Property Details

APN / Parcel Number

Primary APN	`23-029-24-34-0400`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	2 Stories
Building Area	1,428 sqft Living Area
1st Floor Area	640 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Architectural Style	Condo/Apartment
Exterior Material	Wood Siding
Construction Type	Wood
Roof Type	Flat
Roof Material	Other
Lot Area	10,685 sqft (0.245 acres)
Porch	Porch
Porch Area	161 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C

Location & Zoning

Street Address	541 S 2ND ST
City	MINNEAPOLIS
State	MN
Zip	55401-2383
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	C3A
Legal Description	T CIC NO 1197 METROPOLITAN LOFTS UNIT NO 4 IRREGULAR
Legal Range	24
Legal Township	029
Legal Section	23
Legal Quarter	34
Legal Subdivision	CIC NO 1197 METROPOLITAN LOFTS
Legal Block	1
Legal Unit	4
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	1
Census Block	1006
Census Tract	126101

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Chicago, Milwaukee, St. Paul and Pacific Depot, Freight House and Train Shed listed 1978 · 2 contributing resources · NRIS 78001542

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Hennepin County records, as of June 23, 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	541 S 2ND ST, MINNEAPOLIS, MN 55401-2383
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 4, 2025 · Amount on Record
Deed Sale	Aug 4, 2025 · Amount on Record
Prior Sale	May 4, 2021 · Amount on Record
Deed Document Number	20256150525
Prior Transfer Date	Mar 16, 2012
Prior Transfer Doc	00T4942437
Record Updated	Oct 29, 2026

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	May 4, 2021
Property Address	541 S 2ND ST, MINNEAPOLIS, MN 55401-2383
Document Number	0T05832328
Instrument Date	Apr 28, 2021
Instrument	T05832328
Transaction Type	Transfer
Record Updated	May 31, 2021
Title Company	EDGEWATER TITLE GROUP LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,782.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	541 S 2ND ST, MINNEAPOLIS, MN 55401-2383

Mortgage

Document Number	0T05832329
Date	May 4, 2021
Instrument	T05832329

Lender

Name	EVERETT FINANCIAL INC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2051

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,882.00 (+4.1%)	$450,000 (-) Land $62,000 Building $388,000	$450,000 (-) Land $62,000 Building $388,000
2024	$6,611.00 (+8.31%)	$450,000 (-3.02%) Land $62,000 Building $388,000	$450,000 (-3.02%) Land $62,000 Building $388,000
2023	$6,104.00 Homeowner's exemption
2022		$464,000 Land $57,000 Building $407,000	$464,000 Land $57,000 Building $407,000

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 December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 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 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	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 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 90 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: CenturyLink, Verizon.

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