$500,000
SOLD OCT 3, 2025

1155 E Horseshoe Dr NW Backus, MN 56435

3 Beds
1 Bath
768 Sq Ft
1.35 Acres

Recently Sold

$651 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • 210 Feet of Waterfront
  • Deck
  • No HOA
  • Lake View
  • Wood Burning Stove
  • Living Room

About This Home

As of October 2025

Nestled in an up-north paradise, this charming three-bedroom, one-bath home on Horseshoe Lake in Backus, Minnesota offers a perfect retreat. The lake is renowned for its crystal-clear water and excellent fishing, providing endless opportunities for recreation. The property has a full basement that includes a workshop, offering plenty of space for hobbies and storage. It also comes with a storage shed, a gazebo for outdoor relaxation and a beautiful picnic area perfect for gatherings. A fantastic bonus is the extra 50-foot lot that accompanies the property, offering additional space and privacy. This is a rare find and a true lakeside gem.

Last Agent to Sell the Property

Roger Fox

Heartland Real Estate Listed on: 09/04/2025

Last Buyer's Agent

Roger Fox

Heartland Real Estate Listed on: 09/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1980

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 210x248x185x310
  • 210 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Additional Parcels

Home Design

  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Propane
  • Drilled Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 340211117

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled
  • Association Amenities: Deck
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 768
  • Water Body Name: Horseshoe Lake (Powers Twp.)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Walkout
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Living Area: 768
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: West
  • Other Structures: Gazebo, Storage Shed
  • PatioPorchType: Deck
  • Lake Bottom: Gravel,Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 210

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Baseboard, Wood Stove
  • Sewer: Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 210x248x185x310
  • Lot Size Sq Ft: 58806
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 340211117
  • Tax Annual Amount: 1352
  • TaxWithAssessments: 1418.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2025
Closed on
Oct 1, 2025
Sold by
Peterman Charles Matthew and Jones-Peterman Mary Katherine
Bought by
Phillips John Allan and Phillips Kathryn
Seller's Agent
Roger Fox
Heartland Real Estate
Buyer's Agent
Roger Fox
Heartland Real Estate
List Price
$469,000
Sold Price
$500,000
Premium/Discount to List
$31,000
6.61%
Views
7
Current Estimated Value
$477,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,704
Avg. Annual Appreciation
-15.81%
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$77,296

Purchase Details

Closed on
Aug 3, 2022
Sold by
Delke John and Delke Sheryl
Bought by
Peterman Charles and Jones-Peterman Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2014
Sold by
Burzik Ruth G
Bought by
Delke John A and Delke Sheryl K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Title Team
Deed $395,000 --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $355,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Sold $500,000 +6.6% $651 / Sq Ft
09/05/2025 09/05/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $469,000 -- $611 / Sq Ft
Source: NorthstarMLS

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 $1,246 $258,700 $163,400 $95,300
2023 $1,226 $255,700 $163,400 $92,300
2022 $1,228 $255,700 $163,400 $92,300
2021 $1,226 $190,700 $124,500 $66,200
2020 $1,250 $184,800 $124,500 $60,300
2019 $1,316 $185,600 $124,500 $61,100
2018 $1,486 $202,100 $147,800 $54,300
2017 $1,466 $202,100 $147,800 $54,300
2016 $1,410 $0 $0 $0
2015 $1,410 $204,300 $147,800 $56,500
2014 $1,452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6781490

NorthstarMLS

APN: 34-021-1117