NOT LISTED FOR SALE

50504 240th St Austin, MN 55912

Estimated Value: $627,000 - $759,000

5 Beds
3 Baths
2,873 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 26, 2025

Last sale price $650,000 $226 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,960/month

19 Days on Market

Highlights

  • Wood Burning Stove
  • Sun or Florida Room
  • Sitting Room
  • 2 Fireplaces
  • No HOA
  • Stainless Steel Appliances

About This Home

As of June 2025

Your Private Slice of Luxury! Updated 5 Bed / 3 Bath Home on Nearly 11 Acres. Discover space, style, and serenity in this beautifully updated 5-bedroom, 3-bath home nestled on 10.96 acres of peaceful countryside. Designed for both everyday comfort and high-end living, this property features an open floor plan filled with natural light and modern finishes. The gorgeous, updated kitchen features premium finishes and ample workspace, it is perfect for entertaining or quiet family meals. There is a spacious sunroom overlooking a private backyard and patio, it could be your morning coffee spot or evening retreat. There is a new 24' x 32' heated shop ideal for hobbies, storage, or business needs. Whether you're seeking room to roam, a place to entertain, or a peaceful retreat, this property offers it all.

Last Agent to Sell the Property

Molly Cass

Dwell Realty Group LLC Listed on: 05/02/2025

Last Buyer's Agent

John McWhite

Coldwell Banker Realty - Lakes

Coldwell Banker Realty - Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1930

Lot Details

  • 10.96 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Many Trees
  • Additional Parcels

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Fuel Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 080190050

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,844

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1873
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Disposal, Fuel Tank - Owned, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Fireplace Features: Full Masonry, Gas, Wood Burning, Wood Burning Stove
  • Living Area: 2873
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Sun Room, Bathroom, Bedroom 1, Kitchen, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room, Bedroom 5

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Partial
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Block,Concrete
  • PatioPorchType: Composite Decking,Deck,Patio,Rear Porch

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Austin
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irr
  • Lot Size Sq Ft: 477417.6
  • Land Lease: No
  • Lot Features: Suitable for Horses, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 080190050
  • Tax Annual Amount: 5844
  • TaxWithAssessments: 5844.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 15, 2025
Sold by
Holman Jeremy and Holman Tamara
Bought by
Anderson Chad and Anderson Stefanie
Seller's Agent
Molly Cass
Dwell Realty Group LLC
Buyer's Agent
John McWhite
Coldwell Banker Realty - Lakes
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
66
Current Estimated Value
$679,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,672
Avg. Annual Appreciation
7.11%
Original Mortgage
$498,750
Outstanding Balance
$497,457
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$182,215

Purchase Details

Closed on
Aug 23, 2021
Sold by
Nicol Troy E
Bought by
Holman Jeremy M and Holman Tamara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Nicol Tina M
Bought by
Nicol Troy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Anderson Chad $665,000 --
Holman Jeremy M $583,000 Al American Title Co
Nicol Troy E -- None Available
Holman Jeremy Jeremy $583,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Chad $498,750
Previous Owner Holman Jeremy M $466,400
Previous Owner Nicol Troy E $180,000
Closed Holman Jeremy Jeremy $454,878
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $650,000 -3.7% $226 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $675,000 -- $235 / Sq Ft
Source: NorthstarMLS

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 $5,156 $596,400 $90,000 $506,400
2024 $5,156 $548,200 $95,000 $453,200
2023 $4,804 $541,700 $95,000 $446,700
2022 $2,940 $488,500 $95,000 $393,500
2021 $2,504 $282,400 $78,000 $204,400
2020 $2,438 $241,600 $78,000 $163,600
2018 $1,074 $229,100 $76,000 $153,100
2017 $2,148 $0 $0 $0
2016 $1,914 $0 $0 $0
2015 $1,716 $0 $0 $0
2012 $1,716 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6713473

NorthstarMLS

APN: 08-019-0050

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