Olmsted County property record for 7221 40th St SW, Byron, MN 55920
| Property Type | Rural Improved / Non-Residential |
|---|---|
| Details | 3 bd · 1 ba · 1,084 sqft · built 1960 |
| Lot Size | 78.1 acres (3,403,343 sqft) |
| Owner | 2 Trust Names on File |
| Tax Bill | $5,640 (2026) |
| Deeds & Mortgages | Jan 2026 Transfer |
| Flood Zone | Zone X (minimal risk) |
| APN | 65.23.43.080365 |
| Primary APN | 65.23.43.080365 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1 Bath |
| Stories | 1 Story |
| Building Area | 1,084 sqft Total Area |
| 1st Floor Area | 1,084 sqft |
| Basement Area | 1,085 sqft |
| Finished Basement | 542 sqft |
| Flooring | Carpet |
| Interior Walls | Plaster |
| Year Built | Built 1960 |
|---|---|
| Effective Year Built | Effective 1985 |
| Architectural Style | Ranch |
| Exterior Material | Aluminum/Vinyl |
| Construction Type | Wood |
| Roof Material | Asphalt |
| Lot Area | 3,403,343 sqft (78.1 acres) |
| Garage Type | Attached |
| Garage Area | 336 sqft |
| Parking Spaces | 1 Parking Space |
| Deck Area | 237 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 7221 40TH ST SW |
|---|---|
| City | BYRON |
| State | MN |
| Zip | 55920-6409 |
| Property Category | Other |
| Property Type | Other > Rural Improved / Non-Residential |
| Legal Description | SECT-23 TWP-106 RANGE-015 78.13 AC SW14 SE14 & SE14 SW14 LESS TH PT DES AS FOL BEG NECOR SW14 SE14 THE S 89 DEG 5016W 379FT T |
| Legal Range | 15 |
| Legal Township | 106 |
| Legal Section | 23 |
| Jurisdiction | OLMSTED MN |
| Township / Civil Division | SALEM |
| Census Block Group | 1 |
| Census Block | 1032 |
| Census Tract | 2200 |
7221 40th St SW is held in a trust since January 2026.
Source: Olmsted County records, as of August 18, 2026
| Owner of Record | 2 Trust Names on File |
|---|---|
| Mailing Address | 7231 40TH ST SW, BYRON, MN 55920-6409 |
| Owner Type | Company |
| Vesting | Trust, Revocable Trust |
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 | 2 Names on Deed |
|---|---|
| Last Transfer Date | Jan 14, 2026 |
| Transfer Doc | 00A1638435 |
| Record Updated | Sep 20, 2026 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | OLMSTED MN |
| Recording Date | Jan 16, 2026 |
| Property Address | 7221 40TH ST SW, BYRON, MN 55920-6409 |
| Document Number | 00A1638435 |
| Instrument Date | Jan 14, 2026 |
| Instrument | A-1638435 |
| Transaction Type | Transfer |
| Record Updated | Feb 26, 2026 |
| Title Company | LEGAL TITLE, LEGAL & TITLE SERVICES |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 7231 40TH ST SW, BYRON, MN 55920-6409 |
The 2026 property tax bill for 7221 40th St SW was $5,640.
Source: Olmsted County assessment roll, as of July 30, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Olmsted County |
| County Subdivision | Salem Township |
| Unified School District | Byron Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $5,640.00 | ||
| 2025 | $955,900 (+67.76%) Land $678,100 Building $277,800 | $959,500 (+68.39%) Land $681,700 Building $277,800 | |
| 2024 | $5,206.00 | $569,800 Land $504,100 Building $65,700 | $569,800 Land $504,100 Building $65,700 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 7221 40th St SW in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective June 9, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 7221 40th St SW 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 80% of the US · lower than 60% 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: FCC Broadband Data Collection, based on 4 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| KMTelecom Fiber | 2,000 / 2,000 |
| GigFire Fixed Wireless | 150 / 130 |
5G (outdoors only) and 4G LTE
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