Rice County property record for 86 Main St, Nerstrand, MN 55053 · Last verified June 2026
| Property Type | Commercial > Office > Commercial Office |
|---|---|
| Year Built | Built 1987 |
| Square Footage | 1,792 sqft Gross Area |
| Lot Size | 18,900 sqft (0.434 acres) |
| Last Sale | $70,250 (1997) |
| Tax Bill | $4,404.00 (2026) |
Source: Rice County records · APN 21.11.3.75.003
Assessment roll updated June 8, 2026 · Last verified June 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 158, NERSTRAND, MN 55053-0158 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Aug 29, 2023 | Deed of Trust, Mortgage · Line of Credit LAKE COUNTRY COMMUNITY BANK |
| Dec 03, 2020 | Loan Modification, Mortgage LAKE CNTRY CMNTY BK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 17, 1997 · Amount on Record |
| Deed Sale | Dec 17, 1997 · Amount on Record |
| Deed Doc Number | 199731744 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 86 MAIN ST, NERSTRAND, MN 55053-3806 |
| Transaction Type | Mortgage |
| Record Updated | Sep 13, 2023 |
| Name | Verified Name |
|---|
| Document Number | 000A762304 |
|---|---|
| Date | Aug 29, 2023 |
| Instrument | A762304 |
| Name | LAKE COUNTRY COMMUNITY BANK |
|---|---|
| Type | Bank |
| Address | MORRISTOWN, MN 55052 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | Aug 15, 2033 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 86 MAIN ST, NERSTRAND, MN 55053-3806 |
| Document Number | 0000734283 |
| Instrument Date | Dec 03, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Jan 07, 2021 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 86 MAIN ST NERSTRAND MN 550533806, NERSTRAND, MN 55053-3806 |
| Document Number | 0000734283 |
|---|---|
| Date | Dec 28, 2020 |
| Instrument | 734283 |
| Name | LAKE CNTRY CMNTY BK |
|---|---|
| Type | Bank |
| Address | NERSTRAND, MN 55053 |
| Term | 60 Months |
|---|---|
| Due | Dec 27, 2025 |
Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| Municipality | Nerstrand City |
| Unified School District | Faribault Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $4,404.00 (+21.93%) | $227,200 (+1.61%) Land $57,100 Building $170,100 | $227,200 (+1.61%) Land $57,100 Building $170,100 |
| 2025 | $223,600 (+16.95%) Land $53,700 Building $169,900 | $223,600 (+16.95%) Land $53,700 Building $169,900 | |
| 2024 | $3,612.00 (+1.75%) | $191,200 (-) Land $37,800 Building $153,400 | $191,200 (-) Land $37,800 Building $153,400 |
| 2023 | $3,550.00 | $191,200 Land $37,800 Building $153,400 | $191,200 Land $37,800 Building $153,400 |
Source: FEMA National Flood Hazard Layer, Rice County (27131C), updated April 14, 2022 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | 21.11.3.75.003 |
|---|
| Building Area | 1,792 sqft Gross Area |
|---|---|
| Stories | 1 Stories |
| Year Built | Built 1987 |
|---|---|
| Effective Year Built | Effective 1987 |
| Lot Area | 18,900 sqft (0.434 acres) |
| Street Address | 86 MAIN ST |
|---|---|
| City | NERSTRAND |
| State | MN |
| Zip | 55053-3806 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Office > Commercial Office |
| Legal Description | BEG SE COR SE4 SW4 TH N275FT W433FT S275FT TH E TO BEG EX BAP 433FT W 275FT N SE COR SW4 TH S100FT E100FT N100FT TO BEG ALSO |
| Legal Range | 019 |
| Legal Township | 110 |
| Legal Section | 11 |
| Jurisdiction | RICE MN |
| Minor Civil Division | NERSTRAND |
| Census Blockgroup | 2 |
| Census Block | 2010 |
| Census Tract | 70400 |
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