NOT LISTED FOR SALE

53897 185th Ln Good Thunder, MN 56037

Estimated Value: $332,000 - $453,560

3 Beds
2 Baths
1,278 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 07, 2023

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

Est. 14% increase in value since last sale

Current estimated payment $2,384/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
$404,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,390
Avg. Annual Appreciation
6.98%
Original Mortgage
$354,000
Outstanding Balance
$347,449
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$56,941

Purchase Details

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

Range of Values:

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Average Value
Not Available
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

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 Compared to Growth

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
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

    1,349 Total Sales

    Doug Hensley
    Section Image
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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

This home is located at 53897 185th Ln, Good Thunder, MN 56037 since 26 July 2023 and is currently estimated at $404,390, approximately $316 per square foot. This property was built in 1890. 53897 185th Ln is a home located in Blue Earth County with nearby schools including Lake Crystal Wellcome Memorial Elementary School and Lake Crystal Wellcome Memorial Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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