$2,731,212
UNDER CONTRACT $335K PRICE INCREASE

0 Outlot B Elwin Add 2 Mankato, MN 56001

Franklin Rogers Park Neighborhood

Estimated payment $15,095/month

Total Views 8,896
14.83 Acres
$184,168 Price per Acre
645,995 Sq Ft Lot

Highlights

  • 14.83 Acre Lot
  • Washington Elementary School Rated 9+
  • Level Lot

About This Lot

Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, this parcel is neighbored by several newer residential communities and professional service businesses. This lot is zoned in the Office and Residential District which is designed to provide for medium high density mixed development. Potential uses include multi-family development, church/place of worship, child care center, nursing home, dental/medical clinic or other community, recreational or educational use. Agent is related to sellers.

Listing Agent

Mackenzie Kearney

TRUE REAL ESTATE License #40760300 Listed on: 02/24/2024

TRUE REAL ESTATE

Co-Listing Agent

April Femrite

True Commercial, LLC License #40673070

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,252

Lot Details

  • 14.83 Acre Lot
  • Level Lot

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R01.09.09.301.015

Property Details

Property Type

Land

Est. Annual Taxes

$9,252

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Commercial
  • L V T Date: 03/29/2023
  • Parcel Number: R01.09.09.301.015
  • Estimated Number of Acres: 14.83
  • Development: Yes
  • Development Status: Raw Land
  • Plat Recorded: Yes
  • Topography: Level, Ravine
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer, Natural Gas, Storm Sewer, City Garbage

Lot Info

  • Estimated Lot Dimensions: 646,007 SF

Tax Info

  • Year: 2023
  • Tax Value: 9252

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,772 $996,200 $996,200 $0
2024 $8,772 $996,200 $996,200 $0
2023 $9,252 $996,200 $996,200 $0
2022 $10,198 $996,200 $996,200 $0
2021 $22,544 $996,200 $996,200 $0
2020 $10,226 $996,200 $996,200 $0
2019 $10,316 $996,200 $996,200 $0
2018 $10,080 $996,200 $996,200 $0
2017 $10,492 $996,200 $996,200 $0
2016 $8,318 $996,200 $996,200 $0
2015 $82 $785,100 $785,100 $0
2014 $18,232 $785,100 $785,100 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 For Sale $2,731,212 0.0% --
03/01/2025 03/01/25 Off Market $2,731,212 -- --
09/24/2024 09/24/24 Price Changed $2,731,212 +14.0% --
02/24/2023 02/24/23 For Sale $2,395,800 -- --
Source: REALTOR® Association of Southern Minnesota

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031910

REALTOR® Association of Southern Minnesota

APN: R01-09-09-301-015

Minnesota Blue Earth County Mankato 56001 Franklin Rogers Park

0 Outlot B Elwin Add 2, Mankato, MN

Under Contract

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Mackenzie Kearney
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TRUE REAL ESTATE
(507) 570-5112