Seller's Agent in 2025
Lisa Anderson
eXp Realty
(320) 500-4397
19 Total Sales
460 Broadway St E New Germany, MN 55367
10
Beds
4
Baths
4,652
Sq Ft
0.38
Acres
Highlights
- Front Porch
- Forced Air Heating System
- Coin Laundry
- Bayview Elementary School Rated A-
- Baseboard Heating
- Wood Siding
About This Home
As of October 2025Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with laminate flooring or refinished hardwood floors, laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community. Complete tear off and reroof of asphalt shingles 8/2025, and a membrane roof replacement 8/2025, as well as a new water heater 8/2025.
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 612-269-2124 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,914
Year Built
- Built in 1911
Lot Details
- Lot Dimensions are 112 x 150
- Irregular Lot
Parking
- Open Parking
Home Design
- Quadruplex
- Metal Roof
- Wood Siding
Interior Spaces
- 4,652 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 550500080
Community Details
Overview
- 4 Units
- City Lts Of New Germany Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2025
Closed on
Oct 9, 2025
Sold by
Redinger Chris and Redinger Michelle
Bought by
Leuthner Robert and Leuthner Victoria
Seller's Agent
Lisa Anderson
eXp Realty
Buyer's Agent
John Wichmann
RE/MAX Advantage Plus
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.02%
Purchase Details
Closed on
May 12, 2021
Sold by
Yepma Zachary and Yepma Samantha
Bought by
Redinger Chris and Redinger Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,326
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 2017
Sold by
Redinger Collin D and Redinger Jenna P
Bought by
Yepma Zachary and Yepma Samantha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
3.9%
Mortgage Type
VA
Purchase Details
Closed on
Oct 27, 2017
Sold by
Stele Properties Llc
Bought by
Redinger Collin D and Redinger Jenna P
Purchase Details
Listed on
Nov 20, 2014
Closed on
Feb 12, 2015
Bought by
Redinger Collin Collin
Seller's Agent
Douglas Bebo
TheMLSonline.com, Inc.
Buyer's Agent
Douglas Bebo
TheMLSonline.com, Inc.
List Price
$99,850
Sold Price
$97,900
Premium/Discount to List
-$1,950
-1.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$85,000
Interest Rate
3.69%
Purchase Details
Closed on
Mar 11, 2009
Sold by
Federal National Mortgage Association
Bought by
Stiele Samuel O
Purchase Details
Closed on
Dec 15, 2000
Sold by
Roetman Thomas M and Roetman Debra L
Bought by
Koelfgen Frank J
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Title Specialists | |
| Warranty Deed | $258,000 | First Ficial Title Agency | |
| Warranty Deed | $167,000 | Edina Realty Title Inc | |
| Warranty Deed | -- | Edina Realty Title | |
| Deed | $97,900 | -- | |
| Foreclosure Deed | $25,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Deed | $258,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $253,326 | FHA | |
| Previous Owner | $167,000 | VA | |
| Previous Owner | $85,000 | No Value Available | |
| Closed | $253,326 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $350,000 | -2.8% | $75 / Sq Ft | |
| 09/21/2025 09/21/25 | Pending | -- | -- | -- | |
| 09/03/2025 09/03/25 | For Sale | $360,000 | +267.7% | $77 / Sq Ft | |
| 02/12/2015 02/12/15 | Sold | $97,900 | -2.0% | $18 / Sq Ft | View Prior Sale |
| 02/05/2015 02/05/15 | Pending | -- | -- | -- | |
| 11/20/2014 11/20/14 | For Sale | $99,850 | -- | $19 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,914 | $290,300 | $36,200 | $254,100 |
| 2024 | $4,942 | $290,300 | $36,200 | $254,100 |
| 2023 | $4,678 | $290,900 | $36,200 | $254,700 |
| 2022 | $3,516 | $216,700 | $27,200 | $189,500 |
| 2021 | $4,158 | $125,900 | $22,600 | $103,300 |
| 2020 | $4,114 | $37,000 | $7,500 | $29,500 |
| 2019 | $3,966 | $115,700 | $21,500 | $94,200 |
| 2018 | $3,676 | $151,000 | $28,700 | $122,300 |
| 2017 | $3,678 | $143,200 | $28,700 | $114,500 |
| 2016 | $4,130 | $139,100 | $0 | $0 |
| 2015 | $4,560 | $140,500 | $0 | $0 |
| 2014 | $4,560 | $140,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Anderson
-
Daniel Desrochers
Seller Co-Listing Agent in 2025
Daniel Desrochers
eXp Realty
(612) 554-4773
1,728 Total Sales
-
John Wichmann
Buyer's Agent in 2025
John Wichmann
RE/MAX Advantage Plus
(612) 309-4749
244 Total Sales
-
D
Seller's Agent in 2015
Douglas Bebo
TheMLSonline.com, Inc.
Map
Source: NorthstarMLS
MLS Number: 6782242
APN: 55.0500080
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