NOT LISTED FOR SALE

20245 549th Ln Mankato, MN 56001

Estimated Value: $411,000 - $643,268

2 Beds
3 Baths
1,220 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $520,000 $426 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,268/month

93 Days on Market

Highlights

  • 36.71 Acre Lot
  • No HOA
  • Crops Farm
  • Lake Crystal Wellcome Memorial Elementary School Rated A-

About This Home

As of April 2022

36.71 acres, m/l, located southwest of Mankato at 20245 549th Lane, Mankato, MN. This farm has 19.05 FSA/Eff. crop acres with a CPI of 76.90. There is a wonderful, ranch-style home in a country setting built in 2018 by Nordaas American Homes. Home has 1,548 sq ft, 2 bedrooms, 1, full bath, 1, ¾ bath and 1, 1/2 bath, and 2, small detached single-stall garages. There is an unfinished basement that does have stud walls in place. There is an air exchanger for humidity control. Home has Landmark shingles and Hayfield windows. Outbuildings on this property: • 40' x 60' Steel Utility Pole Shed, built in 1977 • 30' x 50' Steel Hog Building, converted to a shop, built in 1982 • Lean-to Pole Shed with 2 insulated rooms and an entry way, built in 1977 • 12' x 20' garage, built in 1920 • 16' x 20' garage, built in 1920 This is a great property with a newer home just minutes from Mankato and Mount Kato. Seller has an additional 3.29 acres for sale located located directly south of this property.

Last Agent to Sell the Property

Doug Hensley

Hertz Real Estate Services License #*** Listed on: 11/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,226

Lot Details

  • 36.71

Additional Features

  • 36.71 Acre Lot
  • Crops Farm

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,226

Lot Details

0

Listing Details

  • Copyright Remarks: Yes
  • Legal Description: SW 1/4, NE 1/4, Section 28, Township 108 North, Range 27 West of the 5th P.M., Blue Earth Co., MN.
  • Municipality: Mankato
  • House Or Land: Land Only
  • OFFICELIST_ADDRESS: 20245 549th Lane
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-11-16
  • List Office I D: 1113
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room

Exterior Features

  • Waterfront Present: No

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: FARM

Schools

  • School District: Lake Crystal-Wellcome Memorial
  • School District Number: 2071
  • School District Phone: 507-726-2323

Lot Info

  • Acres: 36.71
  • Lot Size Sq Ft: 1599087.6
  • Lot Size Units: Acres
  • Corn Base: 15.49
  • Corn P L C Yield: 122
  • Crop Productivity Index: 77
  • Crop Type: Beans, Corn
  • Soybean Base: 2.94
  • Soybean P L C Yield: 34
  • Tillable Acres: 19.05
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax Year: 2021
  • Taxable Acres: 36.71
  • Gross Taxes: 3226

MLS Schools

  • School District: 2071 - Lake Crystal-Wellcome Memorial
  • School District Name: Lake Crystal-Wellcome Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Apr 15, 2022
Sold by
Smith Durene
Bought by
Maul Jeremy and Carr-Maul Jessica
Seller's Agent
Doug Hensley
Hertz Real Estate Services
List Price
$536,000
Sold Price
$520,000
Premium/Discount to List
-$16,000
-2.99%
Current Estimated Value
$556,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,817
Avg. Annual Appreciation
1.97%
Original Mortgage
$520,000
Outstanding Balance
$485,852
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$70,965

Purchase Details

Closed on
Nov 30, 2017
Sold by
Young Keith C
Bought by
Ziegler Trust

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
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

Purchase History

Date Buyer Sale Price Title Company
Maul Jeremy $520,000 --
Ziegler Trust $400,000 --
Young Harold F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maul Jeremy $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $520,000 -3.0% $426 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $536,000 -- $439 / Sq Ft
Source: NoCoast MLS

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 $3,796 $618,600 $278,900 $339,700
2024 $3,796 $596,200 $297,800 $298,400
2023 $3,764 $604,200 $286,900 $317,300
2022 $3,386 $532,900 $244,300 $288,600
2021 $3,226 $435,000 $225,400 $209,600
2020 $2,890 $405,400 $219,700 $185,700
2019 $1,040 $405,400 $219,700 $185,700
2018 $2,400 $261,500 $200,400 $61,100
2017 $1,392 $291,300 $208,800 $82,500
2016 $1,404 $288,300 $208,800 $79,500
2015 $14 $289,400 $215,800 $73,600
2014 $1,372 $339,600 $150,000 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6128187

NoCoast MLS

APN: R50-08-28-200-013