$157,000
SOLD JUL 14, 2025

16 5th St SE Unit Fifth St Madelia, MN 56062

3 Beds
1 Bath
980 Sq Ft
0.31 Acres

Recently Sold

$160 Per Sq Ft

8% Below List Price

117 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Landscaped
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Welcome to this well cared for 3 bedroom/1 bath property featuring a newer oversized garage and large yard perfect to call home. From the moment you walk in you will see how meticulously well cared for this home is. The large living room was a host of family gatherings! The kitchen and bath are recently updated along with the windows. The eat in kitchen, main floor laundry are just added bonuses to this delightful home. A few minor updates and a fresh coat of paint will make this house your own. Adjacent to the Madelia Blackhawks High School! Affordable living just minutes from Lake Crystal, Mankato or New Ulm. Don't just dream about small town living, make this one your affordable home your reality.

Last Agent to Sell the Property

Christa Wolner

Connect Real Estate Group Listed on: 12/05/2024

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group Listed on: 12/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1890

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 66x208
  • Landscaped

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 170270500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.31
  • Assessment Balance: 35
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 352
  • L V T Date: 12/05/2024
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 170270500
  • Price Per Square Foot: 124
  • Range: 30
  • Section: 27
  • Sold Price Per Sq Ft: 118
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1096
  • Twp Number: 107
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 27x15, On Level: Main
  • Room 2: Kitchen, 14x10, On Level: Main
  • Room 3: Dining Room, 9x8, On Level: Main
  • Room 4: Bedroom, 10x9, On Level: Main
  • Room 5: Bedroom, 15x10, On Level: Upper
  • Room 6: Bedroom, 9x12, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 980
  • Tot Above Grade Sq Ft: 980
  • Total Fin Square Footage: 980
  • Total Square Footage: 1332
  • Tot Below Grade Sq Ft: 352

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 702

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 66x208
  • Lot/Land Description: Landscaped

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2024
  • Tax Value: 1061

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jul 14, 2025
Sold by
Helling Lori and Helling Paul
Bought by
Thomas Robert
Seller's Agent
Christa Wolner
Connect Real Estate Group
Buyer's Agent
Christa Wolner
Connect Real Estate Group
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.12%
Original Mortgage
$31,400
Outstanding Balance
$31,347
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$115,136
Source: Public Records

Range of Values:

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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
Deed $125,600 --
Deed $31,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $31,400 New Conventional
Open $122,756 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $157,000 -4.8% $160 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $164,900 -2.9% $168 / Sq Ft
12/05/2024 12/05/24 For Sale $169,900 -- $173 / Sq Ft
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 $1,192 $112,400 $27,700 $84,700
2024 $1,096 $112,600 $27,700 $84,900
2023 $2,024 $101,900 $23,900 $78,000
2022 $1,110 $93,200 $22,400 $70,800
2021 $856 $85,100 $20,800 $64,300
2020 $826 $66,900 $20,800 $46,100
2019 $848 $67,200 $20,800 $46,400
2018 $750 $67,200 $20,800 $46,400
2016 $626 $56,200 $20,800 $35,400
2014 -- $58,300 $20,800 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7036456

REALTOR® Association of Southern Minnesota

APN: 17.027.0500