$1,300,000
SOLD OCT 29, 2024

55668 171st St Good Thunder, MN 56037

5 Beds
1.5 Baths
2,046 Sq Ft
118 Acres

Recently Sold

$635 Per Sq Ft

35% Below List Price

83 Days on Market

About This Home

As of October 2024

Farm Land south of Mankato! 118ac old farmstead with approx 112ac of tillable land currently with a corn crop growing. CPI report is attached. Home is not livable. Seller will entertain a parcel split, call for details.

Last Agent to Sell the Property

Morgan Gibbs

Blackduck Realty Listed on: 08/07/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,926

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 3900x1288
  • Few Trees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,046 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Farming

  • Tillable Land

Listing and Financial Details

  • Assessor Parcel Number R481327200002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,926

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Farm
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Other
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2046
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • House Or Land: Includes House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Living Area: 2046
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Other Structures: Grain Bin
  • Farm Type: Crop

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 240

Utilities

  • Heating: None
  • Sewer: Other
  • Fuel: Other

Schools

  • Junior High Dist: Lake Crystal-Wellcome Memorial
  • SchoolDistrictNumber: 2071
  • SchoolDistrictPhone: 507-726-2323

Lot Info

  • Lot Size: 3900x1288
  • Land Lease: No
  • Lot Features: Tillable, Tree Coverage - Light
  • Cultivated Acreage: 112
  • Additional Parcels: No
  • Zoning Description: Agriculture,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • Crop Type: Beans,Corn
  • All Program Acres: 0.0000

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: R481327200002
  • Tax Annual Amount: 7926
  • TaxWithAssessments: 7926.0000
  • TaxableAcres: 118.110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 29, 2024
Sold by
Edwards Amy and Edwards Peter
Bought by
Ulrich Nathan and Ulrich Mary
Seller's Agent
Morgan Gibbs
Blackduck Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$2,000,000
Sold Price
$1,300,000
Premium/Discount to List
-$700,000
-35%
Total Days on Market
83
Views
24
Current Estimated Value
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$875,000

Purchase Details

Closed on
Mar 1, 2016
Sold by
Dale Lois E
Bought by
Blue Earth County
Source: Public Records

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Range of Values:

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List 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 Type Sale Price Title Company
Warranty Deed $1,300,000 Premier Title Services Llc
Warranty Deed $14,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $1,300,000 -27.8% $635 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $1,800,000 -10.0% $880 / Sq Ft
08/07/2024 08/07/24 For Sale $2,000,000 -- $978 / Sq Ft
Source: NorthstarMLS

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
2024 $8,996 $1,495,800 $1,395,900 $99,900
2023 $7,128 $1,416,200 $1,311,800 $104,400
2022 $7,102 $1,140,300 $1,042,600 $97,700
2021 $7,054 $978,500 $899,800 $78,700
2020 $7,620 $1,043,700 $964,100 $79,600
2019 $7,480 $1,043,700 $964,100 $79,600
2018 $7,518 $983,100 $897,000 $86,100
2017 $7,860 $1,046,300 $964,100 $82,200
2016 $8,452 $1,040,400 $966,100 $74,300
2015 $89 $1,099,900 $1,016,700 $83,200
2014 $5,902 $390,900 $150,000 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6582877

NorthstarMLS

APN: R48-13-27-200-002