$350,000
SOLD AUG 22, 2025
4 Beds
2 Baths
2,352 Sq Ft
6.46 Acres

Recently Sold

$149 Per Sq Ft

8 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Garage
  • Baseboard Heating
  • Nicollet Elementary School Rated 9+
  • Water Softener is Owned

About This Home

As of August 2025

This home is located at 40957, Nicollet, MN 56074 and is currently priced at $350,000, approximately $148 per square foot. This property was built in 1964. 40957 is a home located in Nicollet County with nearby schools including Nicollet Elementary School and Nicollet Senior High School.

Last Agent to Sell the Property

Sold Comp Agent

Sold Comp Listed on: 07/16/2025

Last Buyer's Agent

Jennifer Otte

New Ulm Real Estate LLC License #40941566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1964

Lot Details

  • 6.46 Acre Lot
  • Lot Dimensions are 616x437x402x68x171x 524

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Utilities

  • Baseboard Heating
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 05.005.0500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Ranch/Rambler (L)
  • Estimated Number of Acres: 6.46
  • Construction: Previously Owned
  • Foundation Size: 1176
  • L V T Date: 08/22/2025
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Fuses
  • Parcel Number: 05.005.0500
  • Price Per Square Foot: 149
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 1880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1176
  • Below Grade Finished Sq Ft: 1176
  • Tot Above Grade Sq Ft: 1176
  • Total Fin Square Footage: 2352
  • Total Square Footage: 2352
  • Tot Below Grade Sq Ft: 1176

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 3

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Nicollet #507

Lot Info

  • Estimated Lot Dimensions: 616x437x402x68x171x 524

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2024
  • Tax Value: 1880

MLS Schools

  • School District: Nicollet #507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2025
Closed on
Aug 22, 2025
Sold by
Krohn Brent
Bought by
Grefe Jacob and Grefe Alexa
Seller's Agent
Sold Comp Agent
Sold Comp
Buyer's Agent
Jennifer Otte
New Ulm Real Estate LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.67%
Original Mortgage
$280,000
Outstanding Balance
$280,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$36,097

Purchase Details

Closed on
May 15, 2018
Bought by
Krohn Brent Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
4.4%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $350,000 --
Deed $202,500 --
Deed $202,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $161,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $350,000 0.0% $149 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $350,000 -- $149 / 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 $1,880 $254,200 $90,200 $164,000
2024 $2,040 $254,200 $90,200 $164,000
2023 $2,286 $246,300 $90,200 $156,100
2022 $2,452 $246,300 $90,200 $156,100
2021 $2,440 $212,000 $90,200 $121,800
2020 $2,108 $206,100 $90,200 $115,900
2019 $1,382 $202,200 $90,200 $112,000
2018 $6,166 $1,536,400 $1,424,400 $112,000
2017 -- $1,532,700 $0 $0
2016 $6,848 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7038411

REALTOR® Association of Southern Minnesota

APN: R-05.005.0500