Lyon County property record for 551 Monroe St, Tracy, MN 56175
| Property Type | Single Family Home |
|---|---|
| Details | built 1968 |
| Lot Size | 0.38 acres (16,588 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $1,538 (2026) |
| Deeds & Mortgages | Oct 2025 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 31-108046-0 |
| Primary APN | 31-108046-0 |
|---|
| Year Built | Built 1968 |
|---|---|
| Effective Year Built | Effective 1968 |
| Lot Area | 16,588 sqft (0.38 acres) |
| Street Address | 551 MONROE ST |
|---|---|
| City | TRACY |
| State | MN |
| Zip | 56175-1639 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | COWLES & DAVIS ADDITION 01010001 LOTS 6 & 7 BLK 9 |
| Legal Subdivision | COWLES & DAVIS ADDITION |
| Legal Block | 9 |
| Legal Lot Number | 6-7 |
| Jurisdiction | LYON MN |
| Township / Civil Division | TRACY |
| Census Block Group | 1 |
| Census Block | 1024 |
| Census Tract | 360700 |
551 Monroe St is owned and occupied by an individual who acquired it in April 2016.
Source: Lyon County records, as of September 1, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 551 MONROE ST, TRACY, MN 56175-1639 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Transfer Date | Apr 18, 2016 |
| Transfer Doc | 0000209794 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LYON MN |
| Property Address | 551 MONROE ST, TRACY, MN 56175-1639 |
| Transaction Type | Mortgage |
| Record Updated | Nov 12, 2025 |
| Name | Verified Name |
|---|
| Document Number | 0000230799 |
|---|---|
| Date | Oct 23, 2025 |
| Instrument | 230799 |
| Name | CITY OF TRACY |
|---|---|
| Type | Funding / Finance Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
The 2026 property tax bill for 551 Monroe St was $1,538, up 13.6% from the year before.
Source: Lyon County assessment roll, as of September 1, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Lyon County |
| Municipality | Tracy City |
| Unified School District | Tracy Area Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,538.00 (+13.59%) | $123,700 (+16.92%) Land $8,500 Building $115,200 | $123,700 (+16.92%) Land $8,500 Building $115,200 |
| 2025 | $1,354.00 Homeowner's exemption | $105,800 Land $8,500 Building $97,300 | $105,800 Land $8,500 Building $97,300 |
| 2023 | $1,032.00 | $73,500 Land $8,600 Building $64,900 | $73,500 Land $8,600 Building $64,900 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 551 Monroe St in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective May 23, 2024 · 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 risk around 551 Monroe St is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 94% of the US · lower than 82% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Tracy serves 2,154 people · EPA ID MN1420010 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Aug 2024 |
| Lead | 4 ppb (2022–2024) action level 15 ppb |
| 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.
Source: FCC Broadband Data Collection, based on 66 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Spectrum Cable | 1,000 / 1,000 |
| GigFire Fixed Wireless | 150 / 130 |
| Midco Fixed Wireless | 100 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
Search by:
By searching, you agree to: Terms • Privacy • Disclosures