509 N Payne St New Ulm, MN 56073
4
Beds
2
Baths
2,252
Sq Ft
8,276
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Eat-In Kitchen
- Fenced Yard
- Porch
- Bathroom on Main Level
About This Home
As of May 2025Welcome to this updated and ready to move in property in historic New Ulm, MN. This 4 bedroom, 2 bathroom home is updated with new front steps for safe entry, new flooring installed in the entry and hallway as well as updates to the kitchen such as repainted cabinets and counter tops, a crisp and clean white subway tile style backsplash with coordinating modern hardware throughout. Plus, the stainless-steel dishwasher is newly installed for your convenience. The master bedroom has been updated with new windows and trim as well as new carpet and a ceiling fan/light for your comfort. The water heater has plenty of life left as it was new in February 2022. As you pass through the 3-season porch to access the fully enclosed backyard of the home please notice the composite no maintenance privacy fence with access to the garage and storage shed. The storage shed has a poured concrete foundation for additional exterior storage space. Please call for a showing of this unique and well-maintained home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,244
Year Built
- Built in 1953
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50x165
- Fenced Yard
- Landscaped
Home Design
- Flat Roof Shape
- Frame Construction
- Asphalt Shingled Roof
- Rubber Roof
- Steel Siding
Interior Spaces
- Ceiling Fan
- Combination Kitchen and Dining Room
- Wood Flooring
- Dryer
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Window Egress
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Storage Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Furnace Humidifier
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 001.001.187.03.030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
May 9, 2025
Sold by
Brase Brennon D and Brase Madison
Bought by
Moldan Nicholas
Seller's Agent
Dar Vosburg
HOME RUN REALTY
Buyer's Agent
Kristine Jensen
TRUE REAL ESTATE
List Price
$219,900
Sold Price
$226,000
Premium/Discount to List
$6,100
2.77%
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.23%
Original Mortgage
$230,859
Outstanding Balance
$230,859
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$15,193
Purchase Details
Listed on
Sep 8, 2021
Closed on
Nov 12, 2021
Sold by
Breeden Mickey
Bought by
Brase Brennon D
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Dar Vosburg
HOME RUN REALTY
List Price
$174,900
Sold Price
$181,000
Premium/Discount to List
$6,100
3.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$182,828
Interest Rate
2.99%
Mortgage Type
New Conventional
Similar Homes in New Ulm, MN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $226,000 | None Listed On Document | |
| Warranty Deed | $181,000 | None Available | |
| Quit Claim Deed | -- | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,859 | New Conventional | |
| Previous Owner | $182,828 | New Conventional | |
| Previous Owner | $127,250 | New Conventional | |
| Previous Owner | $90,400 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $226,000 | +2.8% | $100 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $219,900 | +21.5% | $98 / Sq Ft |
| 11/12/2021 11/12/21 | Sold | $181,000 | +3.5% | $90 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $174,900 | +28.6% | $87 / Sq Ft |
| 09/23/2016 09/23/16 | Sold | $136,000 | -2.8% | $68 / Sq Ft |
| 08/15/2016 08/15/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | For Sale | $139,900 | -- | $70 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 |
|---|---|---|---|---|
| 2024 | $2,262 | $182,400 | $38,400 | $144,000 |
| 2023 | $2,262 | $177,600 | $38,400 | $139,200 |
| 2022 | $1,948 | $159,800 | $33,400 | $126,400 |
| 2021 | $1,926 | $136,800 | $33,400 | $103,400 |
| 2020 | $1,764 | $136,700 | $33,400 | $103,300 |
| 2019 | $1,714 | $126,800 | $32,400 | $94,400 |
| 2018 | $1,604 | $125,600 | $32,400 | $93,200 |
| 2017 | $1,328 | $115,200 | $32,400 | $82,800 |
| 2016 | $1,364 | $102,168 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dar Vosburg
Seller's Agent in 2025
Dar Vosburg
HOME RUN REALTY
(507) 340-9281
3 in this area
143 Total Sales
-
Kristine Jensen
Buyer's Agent in 2025
Kristine Jensen
TRUE REAL ESTATE
(612) 387-1293
5 in this area
91 Total Sales
-
Jeff Kaul
Seller's Agent in 2021
Jeff Kaul
CENTURY 21 ATWOOD
(507) 381-1133
133 in this area
429 Total Sales
-
Jerry Sandmann
Seller's Agent in 2016
Jerry Sandmann
CENTURY 21 ATWOOD
(507) 276-6813
33 in this area
40 Total Sales
-
Brenda Nosbush
Buyer's Agent in 2016
Brenda Nosbush
BOCO REAL ESTATE INC.
(507) 276-5866
61 in this area
91 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7036745
APN: 00100118703030
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