Seller's Agent in 2025
Kelsey Forbes
TRUE REAL ESTATE
(507) 995-4077
72 Total Sales
607 607 Sw Second St Madelia, MN 56062
Estimated Value: $88,000 - $175,000
2
Beds
1.5
Baths
1,010
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 1 Car Detached Garage
- Wheelchair Ramps
- Wood Flooring
- Wheelchair Access
- Bathroom on Main Level
About This Home
As of April 2025This 2-bedroom, 1-bath home is full of potential and ready for your personal touch! Whether you're an investor looking for your next project or a homebuyer eager to build equity, this property offers a fantastic opportunity. Featuring a metal roof, vinyl siding, and a detached single-car garage, this home is built with durability in mind. The handicap-friendly layout adds accessibility, while the alley access provides extra convenience.
Last Agent to Sell the Property
TRUE REAL ESTATE License #40717910 Listed on: 02/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,397
Year Built
- Built in 1950
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60 x 140
- Few Trees
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,010 Sq Ft Home
- Ceiling Fan
- Dining Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Accessible Home Design
- Grab Bar In Bathroom
- Wheelchair Access
- Wheelchair Ramps
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Water Softener Leased
Listing and Financial Details
- Assessor Parcel Number 17.100.1110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
Apr 10, 2025
Sold by
Zea Kathleen
Bought by
Ulmen Jodi and Ulmen Michael
Seller's Agent
Kelsey Forbes
TRUE REAL ESTATE
Buyer's Agent
Kelsey Forbes
TRUE REAL ESTATE
List Price
$120,000
Sold Price
$83,000
Premium/Discount to List
-$37,000
-30.83%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,722
Avg. Annual Appreciation
46.32%
Original Mortgage
$62,000
Outstanding Balance
$61,731
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$62,991
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ulmen Jodi | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ulmen Jodi | $62,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $83,000 | -30.8% | $82 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $120,000 | -- | $119 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 | $1,374 | $124,900 | $16,800 | $108,100 |
| 2024 | $1,432 | $124,800 | $16,800 | $108,000 |
| 2023 | $1,196 | $125,200 | $14,500 | $110,700 |
| 2022 | $1,132 | $98,000 | $13,600 | $84,400 |
| 2021 | $1,120 | $86,300 | $12,600 | $73,700 |
| 2020 | $858 | $83,900 | $12,600 | $71,300 |
| 2019 | $904 | $69,900 | $12,600 | $57,300 |
| 2018 | $812 | $71,800 | $12,600 | $59,200 |
| 2016 | $636 | $59,200 | $12,600 | $46,600 |
| 2014 | -- | $52,800 | $12,600 | $40,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kelsey Forbes
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7036735
APN: 17.100.1110
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.
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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