$700,000
$200K PRICE DROP

5114 NE 46th St Owatonna, MN 55060

Estimated payment $4,232/month

Total Views 34,970
9 Acres
$77,778 Price per Acre
392,040 Sq Ft Lot

Highlights

  • Mud Room
  • Attached Garage
  • Central Heating
  • Separate Outdoor Workshop
  • Storage Room
  • Level Lot

About This Lot

Steele County private home acreage with tons of storage space! Located just 5 miles outside Owatonna, this 9 +/- acre property boasts a split-level home w/attached garage that has 3 bedrooms, 2 bathrooms, and a lower-level living room with built-in cabinetry next to an impressive stone fireplace. The 5 outbuildings total over 15,000 square feet of space and include a shop area, large sliding doors, abundant shelving, and two of these buildings have concrete flooring. There is also a nice 1.5 +/- acre field of tillable land part of this acreage currently being farmed with the adjacent land in a corn/soybean rotation. Located in close proximity to I35 and Highway 14 its an easy drive to the Twin Cities, Rochester, and Mankato. There is a right of first refusal on the property.

Listing Agent

Andrew Larson

Weiss Realty Listed on: 12/26/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,302

Lot Details

  • Rural Setting
  • Level Lot
  • Current uses include row crop, hobby farm
  • Potential uses include residential single, hobby farm
  • Soil Types include Sandy Loam

Home Design

  • Stone Exterior Construction

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Mud Room
  • Storage Room
  • Laminate Flooring
  • Basement
  • Drain
  • Dishwasher

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Wildlife includes whitetail deer
  • Separate Outdoor Workshop
  • Shop

Location

  • Easements include none

Farming

  • Equipment Barn
  • Crops include corn, soybeans

Utilities

  • Central Heating
  • Heating System Uses Gas
  • 1 Water Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$4,302

Lot Details

0

Listing Details

  • Office Phone: 507-315-4396
  • Listing Website: https://www.land.com/property/5114-northeast-46th-street-owatonna-minnesota-55060/22268200/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Residential Single, Hobby Farm
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Extra Storage Room, Mud Room
  • Has Attic: No
  • Disability Access: No
  • Floor Material: Carpet, Laminate
  • Sprinklers: No
  • Appliances: Dishwasher
  • Basement: True
  • Interior Features: Floor Drain
  • Foundation: Basement
  • Fireplace Type: Insert, Stone

Exterior Features

  • Exterior: Fiber Cement, Rock/Stone
  • Roof: Tile/Slate
  • Road Description: Gravel/Rock
  • Other Structures: Workshop
  • Wildlife: Whitetail Deer

Garage/Parking

  • Parking Type: Attached, Opener

Utilities

  • Heating Fuel: Central Heat-Gas
  • Heating: Central Heat-Gas

Lot Info

  • Current Use: Row Crop, Hobby Farm
  • Barn Description: Equipment Barn, Shop Building
  • Lot Description: Acreage, Level, 5 Acres of Timber, 1 Acres Tillable, Rural
  • Easements: None
  • Soil Type: Sandy Loam

Multi Family

  • Utilities Available: Septic, Well

Map

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

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 $4,302 $461,000 $139,000 $322,000
2023 $4,130 $446,900 $139,000 $307,900
2022 $4,086 $386,200 $139,000 $247,200
2021 $4,076 $336,140 $118,874 $217,266
2020 $4,106 $321,244 $118,874 $202,370
2019 $3,462 $309,288 $116,914 $192,374
2018 $3,316 $285,768 $110,446 $175,322
2017 $3,160 $271,950 $96,040 $175,910
2016 $3,034 $257,544 $96,040 $161,504
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Price Changed $700,000 -22.2% $328 / Sq Ft
12/26/2024 12/26/24 For Sale $900,000 -- $422 / Sq Ft