NOT LISTED FOR SALE

311 3rd St NE Madelia, MN 56062

Estimated Value: $232,000 - $247,000

4 Beds
2 Baths
2,362 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $203,500 $86 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,541/month

5 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Landscaped with Trees
  • Deck
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of August 2022

Must see 4 bedroom 2 bath rambler with a double attached garage on a 96’ X 180’ lot. Easy commute to New Ulm, Mankato, St. James and Fairmont. Open floor plan with 3 main floor bedrooms and lots of storage throughout the entire home. Beautiful breezeway entry leading to a 14’ X 12’ deck where you can enjoy the summer days relaxing or grilling. Call today for a showing. Inclusions: 2 chest freezers and 2 refrigerator freezers in the basement.

Last Agent to Sell the Property

Jeffrey Krenz

Heartland Real Estate Services, LLC Listed on: 07/18/2022

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1958

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 96 x 180
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Freezer
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 172790800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener, Kitchen Center Island, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.39
  • Foundation Size: 1248
  • L V T Date: 07/18/2022
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Fuses
  • Parcel Number: 172790800
  • Price Per Square Foot: 73
  • Sold Price Per Sq Ft: 75
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2510
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Open Floor Plan
  • Appliances: Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 19.5x12, On Level: Main
  • Room 2: Dining Room, 13x12.5, On Level: Main
  • Room 3: Kitchen, 13x9, On Level: Main
  • Room 4: Primary Bedroom, 12x12, On Level: Main
  • Room 5: Bedroom, 11.5x10, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 9.5x7.5, On Level: Main
  • Room 8: Bedroom, 12x10.5, On Level: Basement
  • Room 9: Laundry Room, 10x9, On Level: Basement
  • Room 10: Bathroom, 8.5x7.5, On Level: Basement
  • Room 11: Bathroom, 8.5x7.5, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1472
  • Below Grade Finished Sq Ft: 890
  • Tot Above Grade Sq Ft: 1472
  • Total Fin Square Footage: 2362
  • Total Square Footage: 2720
  • Tot Below Grade Sq Ft: 1248

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Steel, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 96 X 180
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2022
  • Tax Value: 2510

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 19, 2022
Sold by
Virginia P Ierson Estate
Bought by
Schenck Daniel and Schenck Nicole
Seller's Agent
Jeffrey Krenz
Heartland Real Estate Services, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$199,900
Sold Price
$203,500
Premium/Discount to List
$3,600
1.8%
Current Estimated Value
$236,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,259
Avg. Annual Appreciation
5.19%
Original Mortgage
$201,500
Outstanding Balance
$192,854
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$43,905
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
Schenck Daniel $203,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenck Daniel $201,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $203,500 +1.8% $86 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $199,900 -- $85 / 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 $3,412 $231,800 $34,600 $197,200
2024 $3,066 $243,100 $34,600 $208,500
2023 $2,556 $226,000 $26,500 $199,500
2022 $2,510 $180,200 $24,800 $155,400
2021 $2,536 $159,500 $23,000 $136,500
2020 $2,086 $157,600 $23,000 $134,600
2019 $2,144 $138,800 $23,000 $115,800
2018 $2,166 $138,800 $23,000 $115,800
2016 $1,534 $125,300 $23,000 $102,300
2014 -- $107,800 $23,000 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7030442

REALTOR® Association of Southern Minnesota

APN: 17.279.0800