NOT LISTED FOR SALE

217 2nd St SE Madelia, MN 56062

Estimated Value: $224,140 - $256,000

3 Beds
2 Baths
2,242 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $170,000 $76 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,527/month

13 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of September 2020

Another unique buying opportunity in Madelia! This well rounded rambler might be just what you have been looking for. Now is the time to give the Madelia community a look! This 3 bedroom, 2 bathroom home is located in the heart of town. Walking distance to down town, schools, restaurants, churches, the hospital/clinic, and other areas of interest. It is also a great commuter community in close proximity to New Ulm, Mankato, Fairmont, and more! Upon entering the home you are welcomed by an open concept living room and dining room, complete with a wood burning fire place. The main floor has two bedrooms, one of which is already set up as a home office if you find yourself needing to work from home. There is also a full bathroom and the eat in kitchen. Also, notice all the natural light flooding in through the windows and the wood floors! In the basement you will find a family/rec room complete with a bar, the 3rd bedroom in which the egress window has just been replaced and brought to code, a 3/4 bathroom, a large laundry/utility room, and an additional bonus space which could serve multiple purposes. But that's not all, if you head out to the attached garage you will be surprised to find this space is used as a screened in porch/living room/entertainment space. The garage easily converts back to serve it's purpose in the cold months but enjoy the outdoors, out of the elements and away from the bugs, for 2-3 seasons! Be sure to give this house a look, you will be glad you did.

Last Agent to Sell the Property

Deb Richmond-Johnson

ResCom Realty Listed on: 08/19/2020

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

  • $2,021

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x143
  • Landscaped
  • Few Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 172020060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups, Smoke Alarms (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.26
  • Assessment Balance: 35
  • Assessments: Yes
  • Foundation Size: 1492
  • L V T Date: 08/20/2020
  • Mechanicals: Water Filtration System, Water Heater-Gas, Water Softener-Owned, Sump Pump
  • Parcel Number: 172020060
  • Price Per Square Foot: 60
  • Sold Price Per Sq Ft: 57
  • Stories: 1 Story
  • Taxes With Assessments: 2056
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x14, On Level: Main
  • Room 2: Dining Room, 22x12, On Level: Main
  • Room 3: Master Bedroom, 14x12, On Level: Main
  • Room 4: Bedroom, 13x12, On Level: Main
  • Room 5: Kitchen, 19x9, On Level: Main
  • Room 6: Bedroom, 14x9, On Level: Basement
  • Room 7: 32x14, On Level: Basement
  • Room 8: Other, 11x8, On Level: Basement
  • Room 9: Other, 19x11, On Level: Basement
  • Room 10: Laundry Room, 25x9, On Level: Basement
  • Basement Features: Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1492
  • Below Grade Finished Sq Ft: 750
  • Tot Above Grade Sq Ft: 1492
  • Total Fin Square Footage: 2242
  • Total Square Footage: 2984
  • Tot Below Grade Sq Ft: 1492

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • 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: 80x143
  • Lot/Land Description: Landscaped, Tree Coverage - Light

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2020
  • Tax Value: 2021

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Kueker Tyler and Kueker Alexandria
Bought by
Nicholas Jose and Nicholas Irma Jose
Current Estimated Value
$234,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$205,623
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$28,662

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 17, 2020
Sold by
Etter Robert A and Etter Carol A
Bought by
Kueker Tyler and Kueker Alexandria
Seller's Agent
Deb Richmond-Johnson
ResCom Realty
Buyer's Agent
Martha Croyle
Edina Realty Inc. Mankato
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$164,900
Interest Rate
2.87%
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
Nicholas Jose $210,000 --
Kueker Tyler $170,000 North American Title
Kueker Tyler Tyler $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas Jose $210,000
Previous Owner Kueker Tyler Tyler $164,900
Previous Owner Kueker Tyler Tyler --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $170,000 -5.0% $76 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $179,000 -- $80 / 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 $2,932 $229,300 $22,800 $206,500
2024 $2,688 $229,400 $22,800 $206,600
2023 $2,476 $212,500 $19,700 $192,800
2022 $2,554 $175,400 $18,500 $156,900
2021 $2,646 $161,900 $17,100 $144,800
2020 $2,056 $163,300 $17,100 $146,200
2019 $2,114 $137,300 $17,100 $120,200
2018 $2,120 $137,300 $17,100 $120,200
2016 $1,438 $120,400 $17,100 $103,300
2014 -- $104,800 $17,100 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7025046

REALTOR® Association of Southern Minnesota

APN: 17.202.0060