NOT LISTED FOR SALE

20117 549th Ln Mankato, MN 56001

Estimated Value: $202,000 - $764,000

2 Beds
1 Bath
1,322 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $329,000 $249 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,403/month

Highlights

  • 40 Acre Lot
  • Deck
  • 2 Car Detached Garage
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • Pole Barn
  • Porch

About This Home

As of August 2017

Incredible 40-acre parcel, minutes from Mankato. Home needs work but does have potential. Outbuildings: a pole barn shed/garage and a small barn. Approximately 25 acres tillable with balance in ravine, woods and building site area. Tillable land brings in additional income. Deer and turkey are common sights on this land...pretty building site with mature trees. Convenient location, just minutes from Mankato. Seller offers $15,000 septic/maintenance/decorating allowance to buyer on an offer at current listing price.

Last Agent to Sell the Property

Dick Norland

MIDWEST REALTY License #00254762 Listed on: 03/13/2017

Last Buyer's Agent

Andrew Kolars

REALTY EXECUTIVES ASSOCIATES License #20337744

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • 1948

Lot Details

  • 40 Acre Lot
  • Property fronts a county road

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

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

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R50.08.28.400.002 and .001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 40
  • Assessment Balance: 20
  • Assessments: Yes
  • Foundation Size: 1147
  • L V T Date: 03/13/2017
  • Mechanicals: Sump Pump
  • Parcel Number: R50.08.28.400.002 and .001
  • Price Per Square Foot: 173
  • Sold Price Per Sq Ft: 165
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Lane
  • Taxes With Assessments: 1408
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16.5x18.10, On Level: Main
  • Room 2: Dining Room, 9.3x11, On Level: Main
  • Room 3: Kitchen, 7.10x11.4, On Level: Main
  • Room 4: Family Room, 12.9x23, On Level: Main
  • Room 5: Bedroom, 9.3x10.3, On Level: Main
  • Room 6: Bedroom, 10.5x17, On Level: Second Floor
  • Room 7: 7.5x16.10, On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1322
  • Tot Above Grade Sq Ft: 1322
  • Total Fin Square Footage: 1322
  • Total Square Footage: 1994
  • Tot Below Grade Sq Ft: 672

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Barn, Pole Building

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Crystal-Wellcome Mem. #2071

Lot Info

  • Estimated Lot Dimensions: 40 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 25, 2017
Sold by
Bateman Edith M
Bought by
Hensel William and Hensel Allison
Seller's Agent
Dick Norland
MIDWEST REALTY
Buyer's Agent
Andrew Kolars
REALTY EXECUTIVES ASSOCIATES
List Price
$389,900
Sold Price
$329,000
Premium/Discount to List
-$60,900
-15.62%
Current Estimated Value
$416,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,925
Avg. Annual Appreciation
2.95%
Original Mortgage
$267,750
Outstanding Balance
$223,710
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$193,215
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hensel William $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensel William $267,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $329,000 -4.6% $249 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $345,000 -11.5% $261 / Sq Ft
03/13/2017 03/13/17 For Sale $389,900 -- $295 / 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 $2,308 $283,700 $68,300 $215,400
2024 $2,308 $257,300 $68,300 $189,000
2023 $2,390 $267,200 $68,300 $198,900
2022 $2,040 $249,600 $67,800 $181,800
2021 $1,938 $208,300 $67,800 $140,500
2020 $1,772 $187,600 $56,900 $130,700
2019 $1,348 $187,600 $56,900 $130,700
2018 $1,124 $165,500 $57,200 $108,300
2017 $1,072 $153,500 $57,300 $96,200
2016 $1,028 $149,800 $57,300 $92,500
2015 $10 $142,300 $57,300 $85,000
2014 $1,118 $130,100 $50,000 $80,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dick Norland

    MIDWEST REALTY

    (507) 625-6060

    91 Total Sales

    Dick Norland
    Section Image
  • Andrew Kolars

    Buyer's Agent in 2017

    Andrew Kolars

    Realty Executives

    (507) 317-7777

    80 Total Sales

    Andrew Kolars
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013858

REALTOR® Association of Southern Minnesota

APN: R50-08-28-400-002

Minnesota Blue Earth County Mankato 56001

20117 549th Ln, Mankato, MN

This home is located at 20117 549th Ln, Mankato, MN 56001 since 13 March 2017 and is currently estimated at $416,925, approximately $315 per square foot. This property was built in 1948. 20117 549th Ln is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary 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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