551 Monroe St, Tracy, MN 56175 Property Records

Lyon County property record for 551 Monroe St, Tracy, MN 56175

Property Summary

Property TypeSingle Family Home
Detailsbuilt 1968
Lot Size0.38 acres (16,588 sqft)
OwnerIndividual Name on File
Tax Bill$1,538 (2026)
Deeds & MortgagesOct 2025 Mortgage
Flood ZoneZone X (minimal risk)
APN31-108046-0

Property Details

APN / Parcel Number

Primary APN31-108046-0

Exterior

Year BuiltBuilt 1968
Effective Year BuiltEffective 1968
Lot Area16,588 sqft (0.38 acres)

Location & Zoning

Street Address551 MONROE ST
CityTRACY
StateMN
Zip56175-1639
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionCOWLES & DAVIS ADDITION 01010001 LOTS 6 & 7 BLK 9
Legal SubdivisionCOWLES & DAVIS ADDITION
Legal Block9
Legal Lot Number6-7
JurisdictionLYON MN
Township / Civil DivisionTRACY
Census Block Group1
Census Block1024
Census Tract360700

Owner

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 RecordIndividual Name on File
Mailing Address551 MONROE ST, TRACY, MN 56175-1639
OccupancyOwner Occupied
Owner TypeIndividual

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

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateApr 18, 2016
Transfer Doc0000209794
Record UpdatedOct 29, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYON MN
Property Address551 MONROE ST, TRACY, MN 56175-1639
Transaction TypeMortgage
Record UpdatedNov 12, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000230799
DateOct 23, 2025
Instrument230799
Lender
NameCITY OF TRACY
TypeFunding / Finance Company
Agreement
TypeConventional Mortgage
AmountAmount on Record

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyLyon County
MunicipalityTracy City
Unified School DistrictTracy Area Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed 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.

Flood

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 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

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 RiskLow
lower than 94% of the US · lower than 82% of Minnesota
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemTracy
serves 2,154 people · EPA ID MN1420010
Water SourceGroundwater
Last State InspectionAug 2024
Lead4 ppb (2022–2024)
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 66 locations within half a mile, as of December 31, 2025

ProviderMax 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

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