NOT LISTED FOR SALE

1253 1st Ave Gibbon, MN 55335

Studio
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

About This Home

This home is located at 1253 1st Ave, Gibbon, MN 55335. 1253 1st Ave is a home located in Sibley County with nearby schools including GFW Elementary School (PreK-5th Grade), GFW Intermediate School (Grade 4-6), and G.F.W. Sr..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Patel Group Llc
Bought by
Farmers Co-Operative Oil Company Of Renville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2025
Sold by
Patel Group Llc
Bought by
Bkc Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Farmers Co-Operative Oil Company Of Renville $2,983,936 Land Title Inc
Farmers Co-Operative Oil Company Of Renville $2,983,936 Land Title Inc
Bkc Estates Llc $500 None Listed On Document
Bkc Estates Llc $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmers Co-Operative Oil Company Of Renville $9,525,000
Closed Farmers Co-Operative Oil Company Of Renville $9,525,000
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 $3,584 $138,400 $10,500 $127,900
2024 $3,584 $112,500 $10,500 $102,000
2023 $4,002 $112,500 $6,300 $106,200
2022 $3,900 $116,100 $6,300 $109,800
2021 $3,926 $105,500 $6,300 $99,200
2020 $4,188 $105,500 $6,300 $99,200
2019 $5,016 $105,500 $0 $0
2018 $5,144 $105,500 $0 $0
2017 $5,646 $105,500 $0 $0
2016 $5,148 $100,500 $0 $0
2015 $4,972 $0 $0 $0
2014 $5,720 $0 $0 $0
Source: Public Records

Map

Minnesota Sibley County Gibbon 55335

1253 1st Ave, Gibbon, MN

Not Listed for Sale

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