$40,000
SOLD SEP 19, 2025

115 E Indiana Ave Gilbert, MN 55741

2 Beds
1 Bath
920 Sq Ft
0.4 Acres

Recently Sold

$43 Per Sq Ft

11% Below List Price

55 Days on Market

About This Home

As of September 2025

This two bedroom bungalow, sitting on two city lots with room to make it your out door oasis and build a garage, offers great potential to make it your own or use as a investment property. Updated roof, new gutters, mostly gutted and started but left for your own vision to create your ideal space. Close to ATV/UTV wheeler trails, ohv park and walking distance to Orebegone beach.

Last Agent to Sell the Property

Amanda Lindberg

Edina Realty, Inc. License #40729732 Listed on: 07/11/2025

Edina Realty, Inc.

Last Buyer's Agent

Brenda Skelton

Ahrens Thompson Realty, Inc License #20459185

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $262

Year Built

  • Built in 1947

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 0.4 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 060-0010-01330

Home Details

Home Type

Single Family

Est. Annual Taxes

$262

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas
  • Lvt Date: 07/11/2025
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 060-0010-01330
  • Patioporch: Porch, Enclosed
  • Percent Of Bsmnt Finished: 25
  • Real Estate Tax: 262
  • Style: One Story
  • Type: Residential
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 920
  • Bedroom 1: Size: 15x9, On Level: Main
  • Total Bathrooms: 1
  • Basement: Block
  • Bedroom 2: Size: 8x8, On Level: Main
  • Kitchen: Size: 15x10, On Level: Main
  • Living Room: Size: 18x13, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 60x120
  • Number Of Acres: 0.4
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Sep 18, 2025
Sold by
Lindberg Enterprises Llc
Bought by
Niesen Kevin L
Seller's Agent
Amanda Lindberg
Edina Realty, Inc.
Buyer's Agent
Brenda Skelton
Ahrens Thompson Realty, Inc
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Views
129
Current Estimated Value
$43,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,796
Avg. Annual Appreciation
43.71%

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 11, 2025
Sold by
Malovrh Peter F
Bought by
Lindberg Enterprises Llc
Seller's Agent
Kimberly Culbert-Blaeser
Culbert Realty
Buyer's Agent
Amanda Lindberg
Edina Realty, Inc.
List Price
$29,000
Sold Price
$15,000
Premium/Discount to List
-$14,000
-48.28%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4956.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 Northeast Title
Personal Reps Deed $15,000 Northeast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2025 09/19/25 Sold $40,000 -11.1% $43 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $45,000 +200.0% $49 / Sq Ft
06/18/2025 06/18/25 Sold $15,000 -48.3% $20 / Sq Ft View Prior Sale
05/22/2025 05/22/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $29,000 -- $38 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

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
2024 $262 $43,000 $8,200 $34,800
2023 $262 $43,000 $8,200 $34,800
2022 $204 $40,900 $6,900 $34,000
2021 $180 $40,900 $6,900 $34,000
2020 $190 $35,700 $6,200 $29,500
2019 $154 $37,700 $6,200 $31,500
2018 $162 $36,200 $6,200 $30,000
2017 $200 $38,700 $5,700 $33,000
2016 $170 $38,700 $5,700 $33,000
2015 $203 $20,600 $3,400 $17,200
2014 $203 $20,600 $3,400 $17,200
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lindberg

    Seller's Agent in 2025

    Amanda Lindberg

    Edina Realty, Inc.

    (218) 404-3620

    71 Total Sales

    Amanda Lindberg
    Section Image
  • Brenda Skelton

    Buyer's Agent in 2025

    Brenda Skelton

    Ahrens Thompson Realty, Inc

    (218) 290-2208

    228 Total Sales

    Brenda Skelton
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 148699

Range Association of REALTORS®

APN: 060001001330

Minnesota St Louis County Gilbert 55741

115 E Indiana Ave, Gilbert, MN

Sold

Detached

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