NOT LISTED FOR SALE

20449 Indian Lake Rd Mankato, MN 56001

Estimated Value: $438,000 - $490,000

5 Beds
2 Baths
3,490 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $385,000 $110 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • Reverse Osmosis System
  • Cape Cod Architecture
  • Wood Burning Stove
  • Roosevelt Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2021

Location, Location, Location! Do you like to ski or hit the trails? This magnificent home is nestled on 2.5 acres on a hillside that overlooks Mount Kato! Minutes from Indian Lake, Mankato, and Highway 90, this property offers so much inside and out! As you drive up the concrete driveway, you will notice a detached heated and insulated 16x22 garage/workshop! Whether you want electric heat or wood-burning, you will be toasty as you tinker inside. Steps away from that is the 30x28 attached garage. 2 oversized vehicles can fit in this garage and still leave room for outdoor toys and equipment. If that’s not enough, there are steps leading to an insulated open attic for even MORE storage. Inside this beautiful home, you will find that the current owners have converted the 4 season porch into a living room, complete with a wood-burning stove. The entire wall windows off natural light and views of the ski hill and trail. The galley-style kitchen offers a small area for having a quick bite to eat! Just off the kitchen is a dining room. This room could also be a living room if so desired. There is a full main floor bath situated between an optional master bedroom and a second bedroom. The upper level has just been renovated and offers two more bedrooms. In the basement, you will find that has been stylishly finished to include a large family room and optional second master bedroom complete with a walk-in closet. You will also find a beautiful ¾ bath with a glass beautiful shower. It does NOT stop there! Behind the home is a small playhouse and patio with a butterfly pavilion! This home offers and property offers room to relax as well as enjoy the outdoors!

Last Agent to Sell the Property

Deborah Ogren

TRUE REAL ESTATE License #40846075 Listed on: 03/11/2021

TRUE REAL ESTATE

Last Buyer's Agent

Jen True

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $430

Year Built

  • 1941

Lot Details

  • 2.5 Acre Lot
  • Landscaped with Trees

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Formal Dining Room
  • Workshop
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Gas Water Heater
  • Water Softener Leased
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R43.08.25.101.011

Home Details

Home Type

Single Family

Est. Annual Taxes

$430

Year Built

1941

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Cape Cod (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 2.5
  • Construction: Previously Owned
  • Foundation Size: 1111
  • L V T Date: 03/12/2021
  • Mechanicals: Water Heater-Gas, Water Osmosis System, Water Softener-Rented, Sump Pump
  • Parcel Number: R43.08.25.101.011
  • Price Per Square Foot: 107
  • Projected Closed Date: 04/23/2021
  • Sold Price Per Sq Ft: 109
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Road
  • Taxes With Assessments: 2022
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Dining Room: Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x16, On Level: Main
  • Room 2: Dining Room, 14x21, On Level: Main
  • Room 3: Kitchen, 10x17, On Level: Main
  • Room 4: Master Bedroom, 14x14, On Level: Main
  • Room 5: Bedroom, 10x14, On Level: Main
  • Room 6: Bathroom, 6x8, On Level: Main
  • Room 7: 5x18, On Level: Upper
  • Room 8: Bedroom, 9x11, On Level: Upper
  • Room 9: Other, 6x11, On Level: Upper
  • Room 10: Master Bedroom, 14x14, On Level: Lower
  • Room 11: Family Room, 13x21, On Level: Lower
  • Room 12: Utility Room, 10x10, On Level: Lower
  • Room 13: Laundry Room, 9x17, On Level: Lower
  • Room 14: Deck, 5x7, On Level: Main
  • Room 15: Patio, 16x16, On Level: Main
  • Room 16: Bathroom, 13x7, On Level: Basement
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2410
  • Below Grade Finished Sq Ft: 1080
  • Tot Above Grade Sq Ft: 2431
  • Total Fin Square Footage: 3490
  • Total Square Footage: 3542
  • Tot Below Grade Sq Ft: 1111

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Playhouse, Workshop, Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 3
  • Garage Square Footage: 1192

Utilities

  • Cooling: Central
  • Fuel: Natural Gas, Wood
  • Heat: Forced Air, Wood Stove
  • Sewer: Private
  • Water: Shared

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: 108,900 SF
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 23, 2021
Sold by
Urban Jason D and Urban Sasha A
Bought by
Danberry Brent and Danberry Tammy
Seller's Agent
Deborah Ogren
TRUE REAL ESTATE
Buyer's Agent
Jen True
TRUE REAL ESTATE
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$461,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,790
Avg. Annual Appreciation
4.13%
Original Mortgage
$100,000
Outstanding Balance
$90,432
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$371,358

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 24, 2017
Sold by
Raverty Kent
Bought by
Urban Sasha A and Urban Jason D
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Deborah Ogren
TRUE REAL ESTATE
List Price
$249,900
Sold Price
$260,005
Premium/Discount to List
$10,105
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$247,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2016
Closed on
Dec 14, 2016
Sold by
Morrison Jerry D
Bought by
Raverty Kent
Seller's Agent
Dan Baker
CENTURY 21 ATWOOD
Buyer's Agent
Judy Ness
HOMESTEAD REALTY, LLC
List Price
$252,900
Sold Price
$238,000
Premium/Discount to List
-$14,900
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.75%
Source: Public Records

Range of Values:

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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
Danberry Brent $385,000 Title Resources
Urban Sasha A $260,006 North American Title
Raverty Kent $238,000 Title Resource
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danberry Brent $100,000
Previous Owner Urban Sasha A $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $385,000 +1.3% $110 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $379,900 -5.0% $109 / Sq Ft
03/17/2021 03/17/21 For Sale $399,900 +3.9% $115 / Sq Ft
03/12/2021 03/12/21 Off Market $385,000 -- --
03/11/2021 03/11/21 For Sale $399,900 +53.8% $115 / Sq Ft
03/24/2017 03/24/17 Sold $260,005 +4.0% $173 / Sq Ft View Prior Sale
02/19/2017 02/19/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $249,900 +5.0% $167 / Sq Ft
12/14/2016 12/14/16 Sold $238,000 -5.9% $159 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $252,900 -- $169 / 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 $430 $388,400 $91,800 $296,600
2024 $430 $345,700 $91,800 $253,900
2023 $288 $354,800 $91,800 $263,000
2022 $20 $330,700 $91,800 $238,900
2021 $2,228 $251,700 $91,800 $159,900
2020 $2,022 $224,200 $81,000 $143,200
2019 $1,950 $224,200 $81,000 $143,200
2018 $1,802 $215,800 $81,000 $134,800
2017 $1,484 $201,400 $81,000 $120,400
2016 $1,410 $178,800 $64,500 $114,300
2015 $14 $172,500 $64,500 $108,000
2014 $1,482 $172,700 $64,500 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026400

REALTOR® Association of Southern Minnesota

APN: R43-08-25-101-011