NOT LISTED FOR SALE

54964 174th St Good Thunder, MN 56037

Estimated Value: $420,000

-- Bed
1 Bath
1,800 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $310,000 $172 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,627/month

29 Days on Market

Highlights

  • 80 Acre Lot
  • Detached Garage
  • Crops Farm
  • Lake Crystal Wellcome Memorial Elementary School Rated A-
  • 1 Acre of Pasture
  • Forced Air Heating System

About This Home

As of July 2019

80 acres located near the Blue Earth River. There is 32.24 tillable acres, 12 acres that are in RIM that was paid out in 2017. Wooded land & building site with a working well. The septic will need updating. There are 2 homes on the site, manufactured home is inhabitable and 2 story home needs updates.

Last Agent to Sell the Property

Clark Diel

ACTION REALTY OF MANKATO License #20337616 Listed on: 05/21/2019

Last Buyer's Agent

Clark Diel

ACTION REALTY OF MANKATO License #20337616 Listed on: 05/21/2019

Property Details

Property Type

  • Other

Year Built

  • 1925

Lot Details

  • 80 Acre Lot
  • Land Lease expires 12/31/19

Home Design

  • Farm
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Parking

  • Detached Garage
  • Gravel Driveway

Farming

  • Crops Farm
  • 1 Acre of Pasture

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R48.13.21.400.002

Property Details

Property Type

Other

Year Built

1925

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Homestead
  • Sub Type: Farm
  • Amenities Exterior: Driveway - Gravel
  • Foundation Size: 900
  • L V T Date: 05/22/2019
  • Parcel Number: R48.13.21.400.002
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 80
  • Estimated Pasture Acres: 1
  • Estimated Tillable Acres: 32
  • Estimated Wooded Acres: 4
  • Estimated Leased Acres: 32
  • Estimated Lowland Acres: 17
  • Estimated Program Acres: 12
  • Farm Type: Crop
  • Percent Tillable: 0-50 Acres
  • Price Per Sq Ft: 172.22
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1925

Interior Features

  • Total Square Footage: 1800

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Acreage: 41 - 80 Acres

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 80 acres

Rental Info

  • Lease Expiration Date: 12/31/2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
K & L Farms Llc
Bought by
Rahn Logan and Ann-Burgoyne Emily
Current Estimated Value
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,240
Outstanding Balance
$55,768
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 11, 2019
Sold by
Griffin Jane Ann
Bought by
K & L Pork Llc
Seller's Agent
Clark Diel
ACTION REALTY OF MANKATO
Buyer's Agent
Clark Diel
ACTION REALTY OF MANKATO
List Price
$375,500
Sold Price
$310,000
Premium/Discount to List
-$65,500
-17.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Rahn Logan $72,800 --
K & L Pork Llc $310,000 Mn River Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahn Logan $58,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $310,000 -17.3% $172 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $375,000 -0.1% $208 / Sq Ft
05/21/2019 05/21/19 For Sale $375,500 -- $209 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2022 $2,946 $470,700 $350,900 $119,800
2021 $2,844 $382,000 $316,800 $65,200
2020 $1,466 $400,500 $321,300 $79,200
2019 $1,720 $400,500 $321,300 $79,200
2018 $1,638 $403,600 $323,700 $79,900
2017 $1,466 $414,800 $338,600 $76,200
2016 $20 $406,600 $337,600 $69,000
2015 $20 $459,700 $350,800 $108,900
2014 $1,952 $149,300 $50,000 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Clark Diel

    Seller's Agent in 2019

    Clark Diel

    ACTION REALTY OF MANKATO

    (507) 380-9627

    163 Total Sales

    Clark Diel
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020968

REALTOR® Association of Southern Minnesota

APN: R48-13-21-400-002

Minnesota Blue Earth County Good Thunder 56001

54964 174th St, Good Thunder, MN

Not Listed for Sale

Other

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