NOT LISTED FOR SALE

322 W Main St Madelia, MN 56062

5 Beds
2 Baths
2,254 Sq Ft
8,712 Sq Ft Lot

Last Sold March 21, 2019

Last sale price $113,750 $50 Per Sq Ft

28 Days on Market

Highlights

  • Corner Lot
  • Water Softener is Owned
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of March 2019

Investment opportunity available! Thinking of purchasing a rental property? This two unit duplex located on a corner lot might be just what you are looking for. One unit has four bedrooms, one bathroom and the other unit has one bedroom, one bathroom. You could live in one side and rent the other or rent both units. There is also ample street parking and a two stall garage. Conveniently located right on Main Street and close to stores, restaurants, the movie theater and more! The community of Madelia is an easy drive too and from neighboring towns of Mankato, New Ulm, and Fairmont! This property has good rental history! Call today for more information or to set up a showing.

Last Agent to Sell the Property

Mary Weller

Coldwell Banker River Valley License #00087569 Listed on: 01/15/2019

Coldwell Banker River Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Fractional Ownership
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 171.000.150

Property Details

Home Type

Multi-Family

Year Built

1880

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessment Balance: 200
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1470
  • Fraction Ownership: Yes
  • L V T Date: 01/17/2019
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: 171.000.150
  • Price Per Square Foot: 37.44
  • Rental License: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 2554.01
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Appliances: Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2254
  • Total Fin Square Footage: 2254
  • Total Square Footage: 3038

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 2

Utilities

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

Schools

  • School District: Mt. Iron-Buhl #712

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 60x140

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $113,750 0.0% $50 / Sq Ft
02/24/2019 02/24/19 Off Market $113,750 -- --
02/17/2019 02/17/19 Off Market $113,750 -- --
02/15/2019 02/15/19 For Sale $114,900 +1.0% $51 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/09/2019 02/09/19 Off Market $113,750 -- --
02/06/2019 02/06/19 For Sale $114,900 +1.0% $51 / Sq Ft
01/21/2019 01/21/19 Off Market $113,750 -- --
01/20/2019 01/20/19 For Sale $114,900 +1.0% $51 / Sq Ft
01/18/2019 01/18/19 Off Market $113,750 -- --
01/15/2019 01/15/19 For Sale $114,900 -- $51 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019864

REALTOR® Association of Southern Minnesota