51671 Lor Ray Dr North Mankato, MN 56003
Estimated payment $4,653/month
Total Views
12,364
4
Beds
3
Baths
3,848
Sq Ft
$201
Price per Sq Ft
Highlights
- Second Kitchen
- 10.03 Acre Lot
- Bathroom on Main Level
- Mankato West Senior High School Rated A-
- 2 Car Attached Garage
- Grain Storage
About This Home
4 bedroom, 3 bath home sitting on a little more than 10 acres not in city limits of North Mankato. The home has two bedrooms and two bathrooms on the main floor and two bedrooms and a full bathroom in the walk out basement. The current owner has a renter in the lower level and is running a farm operation from the home. The new owner can either keep the property as a country property or annex into the city, which would allow for buildable lots to be split off from the 10 acres. The home currently has well and septic but city water and sewer is available with annexation. An additional 48 acres is available (Parcel# 01.035.0805) offered at $1,400,000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,383
Year Built
- Built in 1981
Lot Details
- 10.03 Acre Lot
- Irregular Lot
- Many Trees
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Second Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
Outdoor Features
- Storage Shed
Farming
- Grain Storage
- Hobby or Recreation Farm
- Machine Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Private Water Source
- Gas Water Heater
- Fuel Tank
- Private Sewer
Community Details
- Property is near a ravine
Listing and Financial Details
- Assessor Parcel Number 01.035.0800
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,484 | $698,300 | $242,200 | $456,100 |
| 2024 | $4,404 | $712,600 | $242,200 | $470,400 |
| 2023 | $4,478 | $690,000 | $242,200 | $447,800 |
| 2022 | $3,380 | $690,000 | $242,200 | $447,800 |
| 2021 | $3,444 | $519,400 | $242,200 | $277,200 |
| 2020 | $3,290 | $509,500 | $242,200 | $267,300 |
| 2019 | $3,370 | $510,400 | $242,200 | $268,200 |
| 2018 | $3,144 | $395,100 | $129,300 | $265,800 |
| 2017 | -- | $364,300 | $0 | $0 |
| 2016 | $2,502 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $1,400,000 | +80.6% | -- |
| 06/30/2025 06/30/25 | Price Changed | $775,000 | -2.5% | $201 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $795,000 | -- | $207 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Similar Homes in North Mankato, MN
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7036889
APN: R-01.035.0800
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