NOT LISTED FOR SALE

21 2nd St SE Madelia, MN 56062

Estimated Value: $175,207 - $217,000

2 Beds
1.5 Baths
1,428 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $175,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,122/month

6 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Walk-In Closet
  • Tile Flooring

About This Home

As of June 2024

Spacious home located on a large corner lot! This home has amenities galore. Starting outside you will appreciate the oversized two stall, heated garage. This fantastic lot has plenty of space for additional parking, a garden, or whatever you may need. There is a beautiful deck off the back of the home perfect for entertaining, reading a book, or relaxing under the shade provided by the mature trees. Inside the main level has laundry, a spacious kitchen combined with the dining room, a large living room, and a bright South facing front entry perfect for plant growing, an office space, or a quaint sitting room. Additionally, there is a 1⁄2 bath and possibly the best feature of all is the grand family room complete with vaulted ceilings and a gas fireplace. Upstairs there are two great-sized bedrooms and a full bathroom. This home was completely remodeled down to the studs in 2008 including electrical, plumbing, mechanicals, siding, and windows. Roof was replaced in 2010. Landscaping and deck were completed more recently. This home has so much to enjoy, call to see for yourself today!

Last Agent to Sell the Property

Krista Lunz

TRUE REAL ESTATE License #40381042 Listed on: 05/16/2024

TRUE REAL ESTATE

Last Buyer's Agent

Martha Croyle

Edina Realty Inc. Mankato License #503012432

Edina Realty Inc.  Mankato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Landscaped
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Stone Basement
  • Sump Pump

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 172781100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,317

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.21
  • Assessment Balance: 35
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1060
  • L V T Date: 05/17/2024
  • Mechanicals: Water Heater-Electric, Water Softener-Rented, Sump Pump, Circuit Breaker
  • Parcel Number: 172781100
  • Price Per Square Foot: 91
  • Sold Price Per Sq Ft: 94
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1352
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Family Room, 19x13.5, On Level: Main
  • Room 2: Living Room, 16x13, On Level: Main
  • Room 3: Kitchen, 11x11, On Level: Main
  • Room 4: Dining Room, 16x11, On Level: Main
  • Room 5: Other, 12x5, On Level: Main
  • Room 6: Laundry Room, 11x5, On Level: Main
  • Room 7: 13x12, On Level: Upper
  • Room 8: Bedroom, 13x11.5, On Level: Upper
  • Basement Features: Sump Pump
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1428
  • Tot Above Grade Sq Ft: 1428
  • Total Fin Square Footage: 1428
  • Total Square Footage: 1868
  • Tot Below Grade Sq Ft: 440

Exterior Features

  • Frontage Road: City, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 60x150
  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Heavy

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2023
  • Tax Value: 1317

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 24, 2024
Sold by
Ibarra Raul and Tovar Elvia
Bought by
Castro Pablo
Seller's Agent
Krista Lunz
TRUE REAL ESTATE
Buyer's Agent
Martha Croyle
Edina Realty Inc. Mankato
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Views
15
Current Estimated Value
$188,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,552
Avg. Annual Appreciation
5.86%
Original Mortgage
$169,750
Outstanding Balance
$167,613
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$20,939

Purchase Details

Closed on
May 21, 2020
Bought by
Gonzalez Ibarra Raul Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
3.24%
Source: Public Records

Range of Values:

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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
Castro Pablo $175,000 --
Gonzalez Ibarra Raul Raul $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Pablo $169,750
Previous Owner Gonzalez Ibarra Raul Raul $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $175,000 +3.0% $123 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $169,900 -- $119 / 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 $1,464 $159,100 $18,000 $141,100
2024 $1,352 $130,900 $18,000 $112,900
2023 $1,368 $119,700 $15,600 $104,100
2022 $1,504 $108,500 $14,600 $93,900
2021 $1,082 $106,100 $13,500 $92,600
2020 $1,276 $81,900 $13,500 $68,400
2019 $1,258 $72,200 $13,500 $58,700
2018 $1,416 $69,300 $13,500 $55,800
2016 $732 $69,000 $13,500 $55,500
2014 -- $67,900 $13,500 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034946

REALTOR® Association of Southern Minnesota

APN: 17.278.1100