NOT LISTED FOR SALE

20241 549th Ln Unit 20245 Mankato, MN 56001

Estimated Value: $277,000 - $431,000

4 Beds
2.5 Baths
2,194 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $400,000 $182 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,129/month

Highlights

  • 40 Acre Lot
  • Open Floorplan
  • Ranch Style House
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • Deck
  • Pole Barn

About This Home

As of November 2017

If you’re dreaming of a country home with hobby farm opportunity, do not miss the chance to own this rare property located rural Mankato near the Blue Earth River. This farmette is a two-parcel property that is being sold together which includes two home sites. The land includes approximately 21.31 acres tillable and 15.55 acres of woods and ravine. Perfectly suited for the nature lover or animal enthusiast, this property features several outbuildings including a 40x60 pole shed and a 30x15 converted hog building with cement floor. The mixture of the wooded areas, fields, and ravine draws wildlife such as wild turkeys and deer. The yards are great for entertainment, campfires, and gardening. The main ranch style home offers 4 bedrooms, 2.5 baths, open kitchen/dining, large living room with open staircase leading to the finished walkout lower level, gas fireplace, a spacious deck, and attached 2-stall garage. The second 1.5 story home offers 3 bedrooms, 1 full bath, two enclosed porches, a deck, metal roof, and two single detached garages. This property brings you to the country, but its location keeps you only minutes from the city of Mankato. Lots of opportunity here…including renting the tillable acres and the 2nd home, if desired. Hurry…you must come and see this rare find. Call for more info or private tour to see the property before it sells!

Last Agent to Sell the Property

ZAC MURRA

AMERICAN WAY REALTY Listed on: 10/18/2016

Co-Listed By

Karla Van Eman

AMERICAN WAY REALTY License #00289588

Last Buyer's Agent

Ambrose Mccabe

ACTION REALTY OF MANKATO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,028

Year Built

  • 1985

Lot Details

  • 40 Acre Lot
  • Landscaped
  • Many Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Gas Fireplace
  • Workshop

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Pole Barn

Farming

  • Tillable Land
  • Hogs

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Gas Water Heater
  • Fuel Tank
  • Private Sewer

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number R50.08.28.200.014 & R50.08.28.200.013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,028

Year Built

1985

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 40
  • Estimated Tillable Acres: 21.31
  • Estimated Wooded Acres: 15.55
  • Construction: Previously Owned
  • Foundation Size: 1204
  • L V T Date: 11/08/2016
  • Mechanicals: Fuel Tank-Rented, Water Heater-Gas, Sump Pump
  • Parcel Number: R50.08.28.200.014 & R50.08.28.200.013
  • Price Per Square Foot: 176
  • Sold Price Per Sq Ft: 166
  • Stories: 1 Story
  • Taxes With Assessments: 2828
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17.5x15.5, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Kitchen, 11x11, On Level: Main
  • Room 4: Family Room, 26.5x16.5, On Level: Basement
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 10x10, On Level: Main
  • Room 8: Bedroom, 15x11, On Level: Basement
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1204
  • Below Grade Finished Sq Ft: 990
  • Tot Above Grade Sq Ft: 1204
  • Total Fin Square Footage: 2194
  • Total Square Footage: 2408
  • Tot Below Grade Sq Ft: 1204

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Barn-Hog, Pole Building, Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 612

Utilities

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

Schools

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

Lot Info

  • Estimated Lot Dimensions: 40 acres
  • Lot/Land Description: Landscaped, Ravine, Tillable, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Growth Holdings Llc
Bought by
Koser Isabelle and Koser Zachary
Current Estimated Value
$353,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Outstanding Balance
$261,373
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$92,551

Purchase Details

Listed on
Oct 18, 2016
Closed on
Nov 30, 2017
Sold by
Young Keith C
Bought by
Ziegler Trust
Seller's Agent
ZAC MURRA
AMERICAN WAY REALTY
Buyer's Agent
Ambrose Mccabe
ACTION REALTY OF MANKATO
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Young Harold F
Bought by
Young Harold F and The Trust Agreement Of Harold Young & Gr
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
Koser Isabelle $345,000 --
Ziegler Trust $400,000 --
Young Harold F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koser Isabelle $268,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $400,000 -19.8% $182 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
10/18/2016 10/18/16 For Sale $499,000 -- $227 / 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 $3,028 $364,900 $90,000 $274,900
2024 $3,028 $326,200 $88,900 $237,300
2023 $2,804 $339,900 $86,600 $253,300
2022 $2,618 $296,500 $88,600 $207,900
2021 $2,442 $246,500 $87,000 $159,500
2020 $2,248 $220,700 $73,100 $147,600
2019 $1,918 $220,700 $73,100 $147,600
2018 $1,828 $212,900 $60,800 $152,100
2017 $1,496 $199,100 $61,800 $137,300
2016 $1,424 $193,400 $61,800 $131,600
2015 $14 $182,900 $62,600 $120,300
2014 $1,484 $169,900 $48,100 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7013220

REALTOR® Association of Southern Minnesota

APN: R50-08-28-200-014