NOT LISTED FOR SALE

240 240 Ne Adams Ave Madelia, MN 56062

Estimated Value: $111,000 - $166,000

3 Beds
2 Baths
1,698 Sq Ft
$75/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $115,000 $68 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $806/month

5 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Patio
  • Forced Air Heating System

About This Home

As of July 2024

This is a 1 1/2 story home located on a corner lot with lots of landscaping and flowers. The main floor has a front entry with closet, living room, formal dining, kitchen with eating area, first floor laundry room, back entrance, bathroom with updated step-in shower, primary bedroom, and a large pantry or storage room. The upper level has 2 bedrooms, 3/4 bathroom, and a bonus room which could be used as a family room or 4th bedroom. There is a full basement with Aire Flor forced air furnace and updated 40-gallon electrical water heater. This home has had lots of improvements including new siding in the summer of 2023, some replacement vinyl windows, and an asphalt roof replaced approximately 4 years ago. There is a detached garage with cement driveway and a nice patio area. This home is priced to sell and will not be on the market long. Call to schedule a showing!

Last Agent to Sell the Property

Kelly Brown

MAYBERRY REALTY License #20375021 Listed on: 05/22/2024

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

  • $919

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,698 Sq Ft Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17.279.1570

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.19
  • Assessment Balance: 35
  • Assessments: Yes
  • Foundation Size: 1198
  • L V T Date: 05/23/2024
  • Mechanicals: Water Heater-Electric, Water Softener-None, Circuit Breaker
  • Parcel Number: 17.279.1570
  • Price Per Square Foot: 42
  • Projected Closed Date: 07/15/2024
  • Sold Price Per Sq Ft: 44
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 13'5"x17'1", On Level: Main
  • Room 2: Dining Room, 11'3"x14'4", On Level: Main
  • Room 3: Kitchen, 11'6"x14', On Level: Main
  • Room 4: Bedroom, 11'2"x14'3", On Level: Main
  • Room 5: Bedroom, 11'4"x12'9", On Level: Upper
  • Room 6: Bedroom, 10'10"x14'2", On Level: Upper
  • Room 7: 10'x11'2", On Level: Upper
  • Room 8: Deck, 8'x10', On Level: Main
  • Room 9: Patio, 7'x12', On Level: Main
  • Room 10: Laundry Room, 9'2"x9'6"
  • Room 11: Other, 4'x4'
  • Room 12: Storage Room, 5'8"x20'8"
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1698
  • Tot Above Grade Sq Ft: 1698
  • Total Fin Square Footage: 1698
  • Total Square Footage: 2598
  • Tot Below Grade Sq Ft: 900

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 55' x 140' approx.
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2024
  • Tax Value: 919

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 22, 2024
Sold by
Garza Myrna
Bought by
Lemus Rodriguez Elida
Seller's Agent
Kelly Brown
MAYBERRY REALTY
Buyer's Agent
Martha Croyle
Edina Realty Inc. Mankato
List Price
$109,900
Sold Price
$115,000
Premium/Discount to List
$5,100
4.64%
Views
18
Current Estimated Value
$135,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,925
Avg. Annual Appreciation
10.34%
Original Mortgage
$106,869
Outstanding Balance
$105,781
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$21,732
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
Lemus Rodriguez Elida $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemus Rodriguez Elida $106,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $115,000 +4.6% $68 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $109,900 -- $65 / 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 $726 $91,000 $16,800 $74,200
2024 $954 $73,200 $16,800 $56,400
2023 $928 $68,500 $14,600 $53,900
2022 $896 $57,800 $13,600 $44,200
2021 $728 $49,100 $12,600 $36,500
2020 $444 $38,700 $12,600 $26,100
2019 $500 $34,700 $12,600 $22,100
2018 $406 $38,300 $12,600 $25,700
2016 $328 $27,500 $12,600 $14,900
2014 -- $30,400 $12,600 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034994

REALTOR® Association of Southern Minnesota

APN: 17.279.1570