NOT LISTED FOR SALE

20427 493rd Ln McGregor, MN 55760

Estimated Value: $717,000 - $776,000

3 Beds
2 Baths
2,380 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 26, 2025

Last sale price $745,000 $313 Per Sq Ft

Current estimated payment $4,173/month

10 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Billiard Room
  • Beach Access
  • No HOA
  • Stainless Steel Appliances

About This Home

As of August 2025

Life at the lake feels easy here. With 60 feet of shoreline on Big Sandy’s serene Davis Bay, this year-round home is set up to make the most of every season. Morning coffee on the sunny deck. Evenings around the firepit. Slow days on the water, with the dock and lift already in place. The boathouse is a true standout! Grandfathered in, in excellent condition, and nearly impossible to replace it has plenty of space for all you lake toys. Inside, soaring lakeside windows flood the living room with natural light and frame picture-perfect views. The walkout lower level includes a hot tub, a flexible bonus room, and opens to a covered patio kept dry by the gutter system installed beneath the deck above. The main floor features a bedroom and full bath. Upstairs, the loft offers two additional bedrooms with plenty of space to unwind. A detached 1.5-story garage includes a full workshop above, and a paved driveway with concrete parking makes coming and going simple in any season. Whether it's boating in July or snowmobiling in January, this place makes every day feel like a getaway.

Last Agent to Sell the Property

Kari Horbacz

Statement Realty Listed on: 07/01/2025

Last Buyer's Agent

Shawn Hoover

Aspen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1997

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 60x267x80x267
  • 60 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 291334000

Community Details

Overview

  • No Home Owners Association
  • Bellhorn Heights Third Add Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,936

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Soaking Tub
  • Fireplaces: 1
  • Water Source: Drilled, Private
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1428
  • Water Body Name: Big Sandy
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2380
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 952
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Family Room, Bedroom 2, Bedroom 3, Billiard

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Lake
  • Other Structures: Boat House
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Hard
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Main Floor Primary Bedroom,Patio,Security System,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60x267x80x267
  • Lot Size Sq Ft: 26963.64
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 291334000
  • Tax Annual Amount: 2936
  • TaxWithAssessments: 2936.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 26, 2025
Sold by
The Jody Leann Anderson Trust Dated 1
Bought by
Henderson Joshua and Henderson Gina
Seller's Agent
Kari Horbacz
Statement Realty
Buyer's Agent
Shawn Hoover
Aspen Realty
List Price
$749,900
Sold Price
$745,000
Premium/Discount to List
-$4,900
-0.65%
Views
10
Current Estimated Value
$746,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065
Avg. Annual Appreciation
0.57%
Original Mortgage
$737,500
Outstanding Balance
$737,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$8,565

Purchase Details

Closed on
Mar 1, 1999
Bought by
Anderson Gary W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henderson Joshua $745,000 --
Anderson Gary W $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Joshua $737,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold $745,000 -0.7% $313 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $749,900 -- $315 / Sq Ft
Source: NorthstarMLS

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 $2,936 $502,600 $223,200 $279,400
2024 $3,156 $485,200 $227,600 $257,600
2023 $2,892 $517,200 $242,600 $274,600
2022 $2,718 $434,200 $186,700 $247,500
2021 $2,856 $306,100 $143,000 $163,100
2020 $2,760 $312,800 $135,600 $177,200
2019 $2,590 $295,200 $137,900 $157,300
2018 $2,478 $267,000 $126,200 $140,800
2017 $2,288 $258,600 $117,800 $140,800
2016 $2,312 $238,900 $98,100 $140,800
2014 $2,232 $237,400 $94,900 $142,500
2012 $22 $261,200 $109,700 $151,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6746981

NorthstarMLS

APN: 29-1-334000