545 2nd Ave SE, Wells, MN 56097 Property Records

Faribault County property record for 545 2nd Ave SE, Wells, MN 56097

Property Summary

Property TypeSingle Family Home
Details4 bd · 1.5 ba · 1,523 sqft · built 1957
Lot Size0.18 acres (7,841 sqft)
OwnerCompany Name on File
Last Sale$3,000 (Jun 2022)
Tax Bill$1,486 (2025)
Deeds & MortgagesJun 2022 Line of Credit
Jun 2022 Transfer
+ 2 more
APN30.200.6560

Property Details

APN / Parcel Number

Primary APN30.200.6560

Interior

Bedrooms4 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area1,523 sqft Living Area
1st Floor Area896 sqft
Basement Area896 sqft
Unfinished Basement896 sqft
FlooringCarpet
Interior WallsPlaster

Exterior

Year BuiltBuilt 1957
Effective Year BuiltEffective 1957
Exterior MaterialWood Siding
Construction TypeWood
Roof TypeGable
Roof MaterialAsphalt
Lot Area7,841 sqft (0.18 acres)
Lot Dimensions140 ft deep x 58 ft wide
Garage TypeDetached
Garage Area288 sqft
PorchPorch
Porch Area128 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address545 2ND AVE SE
CityWELLS
StateMN
Zip56097-1711
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning Code201
Legal Description6 & S10' OF 5 ORIGINAL PLAT OF WELLS 6 & S10' OF 5
Legal SubdivisionORIGINAL PLAT OF WELLS
Legal Block31
JurisdictionFARIBAULT MN
Township / Civil DivisionWELLS
Census Block Group3
Census Block3032
Census Tract460600

Owner

545 2nd Ave SE is owned by a company that bought it in June 2022.

Source: Faribault County records, as of July 28, 2026

Owner of RecordCompany Name on File
Mailing Address80 2ND ST SW, WELLS, MN 56097-1924
Owner TypeCompany
VestingCompany

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

Deeds, Mortgages & Sale History

DateDocument
Jun 29, 2022Deed of Trust, Mortgage · Line of Credit
GLOBAL INNOVATIONS BANK
Jun 14, 2022Quit Claim Deed, Transfer
Quitclaim
Jan 6, 2021Land Contract, Transfer · Land Contract
NONE AVAILABLE
Apr 13, 2017Deed of Trust, Mortgage · Commercial Mortgage
WELLS FEDERAL BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 14, 2022 · Amount on File
Deed SaleJun 14, 2022 · Amount on File
Prior SaleJan 6, 2021 · Amount on File
Deed Document Number2022391465
Prior Transfer DateJun 10, 2022
Prior Transfer Doc0000391465
Record UpdatedSep 20, 2026

June 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFARIBAULT MN
Property Address545 2ND AVE SE, WELLS, MN 56097-1711
Transaction TypeMortgage
Record UpdatedJul 18, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address80 2ND ST SW, WELLS, MN 56097-1924

Mortgage

Document Number0000391580
DateJun 29, 2022
Instrument391580
Lender
NameGLOBAL INNOVATIONS BANK
TypeBank
AddressKIESTER, MN 56051
Agreement
TypeLine of Credit
AmountAmount on Record
Term61 Months
DueJul 1, 2027

June 2022: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionFARIBAULT MN
Recording DateJun 14, 2022
Property Address545 2ND AVE SE, WELLS, MN 56097-1711
Document Number0000391465
Instrument DateJun 1, 2022
Instrument391465
Transaction TypeTransfer
Record UpdatedJul 4, 2022

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address80 2ND ST SW, WELLS, MN 56097-1924

January 2021: Land Contract, Transfer

Document TypeLand Contract
JurisdictionFARIBAULT MN
Recording DateJan 6, 2021
Property Address545 2ND AVE SE, WELLS, MN 56097-1711
Document Number386219
Instrument DateDec 12, 2020
Instrument386219
Transaction TypeTransfer
Record UpdatedJul 15, 2021

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address545 2ND AVE SE, WELLS, MN 56097-1711

Mortgage

DateJan 6, 2021
Lender
NameNONE AVAILABLE
Agreement
TypeLand Contract
AmountAmount on Record
Term36 Months
DueJan 1, 2024
Interest
Rate6%

April 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFARIBAULT MN
Property Address545 2ND AVE SE, WELLS, MN 56097-1711
Transaction TypeMortgage
Record UpdatedJan 25, 2019

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number, 374361
DateApr 13, 2017
Instrument374361
Lender
NameWELLS FEDERAL BANK
TypeBank
AddressWELLS, MN 56097
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term36 Months
DueApr 1, 2020

Tax Assessment & Valuation

The 2025 property tax bill for 545 2nd Ave SE was $1,486.

Source: Faribault County assessment roll, as of July 28, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyFaribault County
MunicipalityWells City
Unified School DistrictUnited South Central School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$58,900 (-20.62%) Land $5,400 Building $53,500$58,900 (-20.62%) Land $5,400 Building $53,500
2025$1,486.00$74,200 Land $13,700 Building $60,500$74,200 Land $13,700 Building $60,500
2023$98,400 Land $7,600 Building $90,800$98,400 Land $7,600 Building $90,800
2022$1,342.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 545 2nd Ave SE; there have been 2 flood claims nearby since 2010.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force
Nearby Flood Claims2 (2010–2013)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 2013 · Severe Storms, Straight-line Winds, And Flooding

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

The area around 545 2nd Ave SE 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 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 SystemWells
serves 2,343 people · EPA ID MN1220010
Water SourceGroundwater
Last State InspectionDec 2024
LeadUnder 1 ppb (2023–2025)
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. 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 363 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Mediacom Xtream
Cable · Fixed Wireless
2,000 / 1,000
Bevcomm
Fiber
1,000 / 1,000
GigFire
Fixed Wireless
150 / 130
Midco
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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