NOT LISTED FOR SALE

1511 Adams St Mankato, MN 56001

Franklin Rogers Park Neighborhood

Estimated Value: $435,193

1.5 Acres
$290,129 Price per Acre
65,340 Sq Ft Lot

Last Sold July 19, 2024

Last sale price $419,780

Est. 4% increase in value since last sale

Current estimated payment $2,499/month

401 Days on Market

Highlights

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

About This Lot

As of July 2024

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, these parcels are neighbored by several newer residential communities and professional service businesses. Lots are zoned in the B-1, Community Business District area and are designed to provide for a broad range of retail developments which are adjacent to residential areas. The district will also accommodate office and institutional uses as well as limited light industry. This parcel is located next to several retail stores and professional service businesses including a large mall, restaurants and banking institutions. Utilities can connect to public water and sewer along Adams Street. Agent is related to sellers.

Last Agent to Sell the Property

Mackenzie Kearney

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

TRUE REAL ESTATE

Co-Listed By

April Femrite

True Commercial, LLC License #40673070

Last Buyer's Agent

Bruce Tanhoff

TRUE REAL ESTATE License #40557290

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,428

Lot Details

  • 1.5 Acre Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number R01.09.09.353.025

Property Details

Property Type

Land

Est. Annual Taxes

$2,428

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Commercial
  • L V T Date: 03/29/2023
  • Parcel Number: R01.09.09.353.025
  • Street Designation: Street
  • Taxes With Assessments: 2428
  • Estimated Number of Acres: 1.5
  • Development: Yes
  • Development Status: Raw Land
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 65,340 SF

Tax Info

  • Year: 2023
  • Tax Value: 2428

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $419,780 -4.8% --
03/31/2024 03/31/24 Pending -- -- --
02/24/2023 02/24/23 For Sale $441,000 -- --
Source: REALTOR® Association of Southern Minnesota

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
2025 $2,302 $261,400 $261,400 $0
2024 $2,302 $261,400 $261,400 $0
2023 $2,428 $261,400 $261,400 $0
2022 $2,676 $261,400 $261,400 $0
2021 $6,890 $261,400 $261,400 $0
2020 $2,378 $261,400 $261,400 $0
2019 $2,296 $261,400 $261,400 $0
2018 $2,142 $261,400 $261,400 $0
2017 $2,124 $261,400 $261,400 $0
2016 $2,032 $261,400 $261,400 $0
2015 -- $191,700 $191,700 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mackenzie Kearney

    TRUE REAL ESTATE

    (507) 995-0728

    2 in this area

    60 Total Sales

    Mackenzie Kearney
    Section Image
  • April Femrite

    Seller Co-Listing Agent in 2024

    April Femrite

    True Commercial, LLC

    (507) 381-2969

    1 in this area

    17 Total Sales

    April Femrite
    Section Image
  • Bruce Tanhoff

    Buyer's Agent in 2024

    Bruce Tanhoff

    TRUE REAL ESTATE

    (507) 381-6927

    2 in this area

    87 Total Sales

    Bruce Tanhoff
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031912

REALTOR® Association of Southern Minnesota

APN: R01.09.09.353.025

Minnesota Blue Earth County Mankato 56001 Franklin Rogers Park

1511 Adams St, Mankato, MN

This home is located at 1511 Adams St, Mankato, MN 56001 since 24 February 2024 and is currently estimated at $435,193. 1511 Adams St is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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