NOT LISTED FOR SALE

53897 185th Ln Good Thunder, MN 56037

Estimated Value: $338,000 - $522,627

3 Beds
2 Baths
1,278 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $355,000 $278 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,521/month

15 Days on Market

About This Home

As of November 2023

31.00 acre acreage-site located at 53897 185th Lane, Good Thunder, MN, 56037. (Located mid-way between Mankato and Good Thunder) Acreage contains a 1,278 SF, 1½ story house built in 1890 with 3 bedrooms, a ¾ bath and a full bath. There are multiple older outbuildings, as well. Contact agent for property disclosures. There are 26.05 FSA crop acres with a high CPI rating of 92.40.

Last Agent to Sell the Property

Doug Hensley

Hertz Real Estate Services License #*** Listed on: 07/26/2023

Last Buyer's Agent

Doug Hensley

Hertz Real Estate Services License #*** Listed on: 07/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1890

Lot Details

  • 31 Acre Lot
  • Property is zoned Agriculture

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Accessible: None
  • Legal Description: Part of the NW NE 18-107N-27W 5th PM
  • Municipality: Good Thunder
  • Section Number: 18
  • Year Built: 1890
  • House Or Land: Includes House
  • Stories: 1.5 Stories
  • OFFICELIST_ADDRESS: 53897 185th Lane
  • Distribute To Internet: Yes
  • List Office I D: 1113
  • Sales Office I D: 1113
  • Selling Agent: 4205
  • Street Designation: Lane
  • Building Style: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Other
  • Fireplace: No
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior: Other
  • Foundation Size: 1

Garage/Parking

  • Fuel: Other

Utilities

  • Air Conditioner: None
  • Heating: Other

Fee Information

  • Tax Class: FARM

Lot Info

  • Acres: 31
  • Geo Update Timestamp: 2023-07-28
  • Assessment Pending: No
  • Lot Size Sq Ft: 1350360
  • Lot Size Units: Acres
  • Corn Base: 13.35
  • Corn P L C Yield: 160
  • Crop Productivity Index: 9240
  • Drainage Tiles: Yes
  • Soybean Base: 10.44
  • Soybean P L C Yield: 43
  • Tillable Acres: 26.05
  • Zoning: Agriculture, Residential-Single Family

Tax Info

  • Tax Year: 2023
  • Taxable Acres: 31
  • Gross Taxes: 1140
  • Net Taxes: 1120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Nov 7, 2023
Sold by
Joel T Brude Special Needs Trust
Bought by
Hudson Reed and Hudson Stephanie
Seller's Agent
Doug Hensley
Hertz Real Estate Services
Buyer's Agent
Doug Hensley
Hertz Real Estate Services
List Price
$433,000
Sold Price
$355,000
Premium/Discount to List
-$78,000
-18.01%
Current Estimated Value
$439,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,157
Avg. Annual Appreciation
9.78%
Original Mortgage
$354,000
Outstanding Balance
$346,163
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$92,994

Purchase Details

Closed on
Feb 25, 2021
Sold by
Brude Joel T
Bought by
Brude Special Needs Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hudson Reed $355,000 --
Brude Special Needs Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Reed $354,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $355,000 -18.0% $278 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $433,000 -- $339 / Sq Ft
Source: NoCoast MLS

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 $2,882 $374,900 $367,400 $7,500
2024 $2,882 $477,100 $407,300 $69,800
2023 $1,140 $443,000 $369,900 $73,100
2022 $1,176 $381,900 $313,500 $68,400
2021 $1,054 $335,000 $279,900 $55,100
2020 $1,206 $342,200 $277,100 $65,100
2019 $1,232 $342,200 $277,100 $65,100
2018 $1,152 $328,800 $260,700 $68,100
2017 $1,134 $342,100 $277,100 $65,000
2016 $1,290 $335,900 $277,100 $58,800
2015 $13 $361,000 $289,500 $71,500
Source: Public Records

Agents Affiliated with this Home

  • Doug Hensley

    Seller's Agent in 2023

    Doug Hensley

    Hertz Real Estate Services

    (309) 338-7174

    1,353 Total Sales

    Doug Hensley
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Map

Source: NoCoast MLS

MLS Number: NOC6310071

NoCoast MLS

APN: R48-13-18-200-014

Minnesota Blue Earth County Good Thunder 56001

53897 185th Ln, Good Thunder, MN

Not Listed for Sale

Detached

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