720 Cornelison Ave, Rexburg, ID 83440 Property Records

Madison County property record for 720 Cornelison Ave, Rexburg, ID 83440

Property Summary

Property TypeApartments (5+ Units)
Details74,205 sqft
Lot Size3.1 acres (135,123 sqft)
OwnerCompany Name on File
Tax Bill$141,933 (2025)
Deeds & MortgagesJul 2021 Mortgage
Mar 2018 Construction Loan
APNRPR4JS0001001C

Property Details

APN / Parcel Number

Primary APNRPR4JS0001001C

Interior

Units144 Units
Stories3 Stories
Building Area74,205 sqft Building Perimeter

Exterior

Lot Area135,123 sqft (3.1 acres)

Location & Zoning

Street Address720 CORNELISON AVE
CityREXBURG
StateID
Zip83440-2723
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeHDR2
Legal DescriptionJUNIPER SANDS SUBDIVISION TAX 5782
Legal Range39E
Legal Township06N
Legal Section36
Legal SubdivisionJUNIPER SANDS SUBDIVISION
JurisdictionMADISON ID
Township / Civil DivisionREXBURG
Census Block Group2
Census Block2001
Census Tract950304

Owner

720 Cornelison Ave, a residential property, is owned by a company.

Source: Madison County records, as of September 25, 2026

Owner of RecordCompany Name on File
Mailing AddressPO BOX 584, REXBURG, ID 83440-0584
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
Jul 21, 2021Deed of Trust, Mortgage · Commercial Mortgage
GERSHMAN INVESTMENT CORP
Mar 12, 2018Deed of Trust, Mortgage · Construction Mortgage
CITIZENS COMMUNITY BANK

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON ID
Property Address720 CORNELISON AVE, REXBURG, ID 83440-2723
Transaction TypeMortgage
Record UpdatedMar 7, 2023
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000442400
DateJul 21, 2021
Instrument442400
Lender
NameGERSHMAN INVESTMENT CORP
TypeMortgage Company
AddressCHESTERFIELD, MO 63017
Agreement
TypeCommercial Mortgage
AmountAmount on Record

March 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON ID
Property Address720 CORNELISON AVE, REXBURG, ID 83440-2723
Transaction TypeMortgage
Record UpdatedMar 7, 2023
Title CompanyFIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000415259
DateMar 12, 2018
Instrument415259
Lender
NameCITIZENS COMMUNITY BANK
TypeBank
AddressREXBURG, ID 83440
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2025 property tax bill for 720 Cornelison Ave was $141,933, down 1.5% from the year before.

Source: Madison County assessment roll, as of September 25, 2026

Property Jurisdictions

TypeName
StateIdaho
CountyMadison County
MunicipalityRexburg City
Unified School DistrictMadison School District 321 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$14,194,230 (-) Land $775,500 Building $13,418,730$14,194,230 (-) Land $775,500 Building $13,418,730
2025$141,933.00 (-1.49%)$14,194,230 Land $775,500 Building $13,418,730$14,194,230 Land $775,500 Building $13,418,730
2024$144,085.00 (+19.96%)
2023$120,111.00$10,865,950 Land $594,000 Building $10,271,950$10,865,950 Land $594,000 Building $10,271,950

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 720 Cornelison Ave.

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

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

Wildfire

Wildfire risk around 720 Cornelison Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 97% of the US · lower than 98.6% of Idaho
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemCITY OF REXBURG
serves 40,695 people · EPA ID ID7330022
Water SourceGroundwater
Last State InspectionMar 2026
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · Sep 2017
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting58
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 309 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Silver Star Communications
Fiber
1,000 / 200
Sparklight
Cable
1,000 / 50
Fybercom
Fixed Wireless · Fiber in parts of the area
500 / 500
Verizon
Fixed Wireless
300 / 20
Anthem Broadband
Fixed Wireless
100 / 20

May also be available: Blackfoot Telephone Cooperative, CenturyLink, Direct Communications Rockland.

Nearby Properties on Cornelison Ave

Nearby Streets

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