NOT LISTED FOR SALE

61683 243rd St Madison Lake, MN 56063

Estimated Value: $479,882 - $553,000

3 Beds
2 Baths
1,512 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $216,500 $143 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Porch
  • Deck
  • 3 Car Detached Garage
  • Woodwork

About This Home

As of August 2015

Enjoy country living in this rural location near lakes and just a quick drive to Mankato! This charming ranch style home features several recent updates throughout the main level which includes paint, flooring, kitchen cabinets, garage shingles, lighting and drywall. Additional highlights include 7.5 acres, an oversized 3-stall detached garage, open floor plan, wonderful front deck that spans the length of the home, covered patio, kitchen with lots of cabinet space, main floor laundry, master suite with walk-in closet plus a private bath with jet tub, multi-paned windows and full guest bath. The walkout lower level is unfinished but offers a spacious recreation room, full daylight windows, storage room and 4th bedroom...all just waiting for your final touches. Also, Freddie Mac will offer an allowance up to $500 to owner occupant buyers towards the buyer’s purchase of a home warranty of their choice.

Last Agent to Sell the Property

DEB ATWOOD

JBEAL REAL ESTATE GROUP License #00081360 Listed on: 06/05/2015

Last Buyer's Agent

Michelle Starkey

TRUE REAL ESTATE

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • 2006

Lot Details

  • 7.5 Acre Lot
  • Many Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Farming

  • Hobby or Recreation Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number R37.05.22.100.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 7.5
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1512
  • Hobby Farm: Yes
  • Mechanicals: Sump Pump
  • Parcel Number: R37.05.22.100.002
  • Stories: 1 Story
  • Street Designation: Street
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Microwave, Range/Stove
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x13, On Level: Main
  • Room 2: Kitchen, 13x12, On Level: Main
  • Room 3: Dining Room, 12x8, On Level: Main
  • Room 4: Master Bedroom, 15x13, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 42x13, On Level: Lower
  • Room 8: Laundry Room, On Level: Main
  • Room 9: Storage Room, 12x6, On Level: Lower
  • Room 10: Bedroom, 13x9, On Level: Lower
  • Room 11: Bathroom, On Level: Main
  • Room 12: Bathroom, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1512
  • Tot Above Grade Sq Ft: 1512
  • Total Fin Square Footage: 1512
  • Total Square Footage: 3024
  • Tot Below Grade Sq Ft: 1512

Exterior Features

  • Frontage Road: Paved
  • Construction Type: Modular
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3
  • Garage Square Footage: 960

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • Mankato Schools: Franklin, Mankato East

Lot Info

  • Estimated Lot Dimensions: 326,700 SF
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 8, 2015
Bought by
Fischbach Jeffrey Jeffrey
Seller's Agent
DEB ATWOOD
JBEAL REAL ESTATE GROUP
Buyer's Agent
Michelle Starkey
TRUE REAL ESTATE
List Price
$189,900
Sold Price
$216,500
Premium/Discount to List
$26,600
14.01%
Current Estimated Value
$512,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,461
Avg. Annual Appreciation
8.79%
Original Mortgage
$220,754
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fischbach Jeffrey Jeffrey $216,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishchbch Jeffrey $196,364
Closed Fischbach Jeffrey V $43,475
Closed Fischbach Jeffrey $222,010
Closed Fischbach Jeffrey $220,754
Closed Fischbach Jeffrey Jeffrey $216,500
Previous Owner Krzmarcik Stephen J $62,000
Previous Owner Krzmarcik Stephen J $250,000
Previous Owner Krzmarcik Steven J $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2015 08/04/15 Sold $216,500 +14.0% $143 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $189,900 -- $126 / 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
2025 $3,776 $439,400 $103,900 $335,500
2024 $3,776 $401,700 $105,800 $295,900
2023 $3,726 $406,400 $104,800 $301,600
2022 $3,000 $374,000 $101,400 $272,600
2021 $2,564 $286,500 $99,500 $187,000
2020 $2,506 $232,300 $83,500 $148,800
2019 $2,488 $232,300 $83,500 $148,800
2018 $1,924 $219,800 $82,700 $137,100
2017 $1,710 $216,000 $79,500 $136,500
2016 $1,418 $195,600 $79,500 $116,100
2015 $12 $178,300 $79,500 $98,800
2014 $1,500 $183,100 $79,500 $103,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DEB ATWOOD

    JBEAL REAL ESTATE GROUP

    DEB ATWOOD
    Section Image
  • Michelle Starkey

    Buyer's Agent in 2015

    Michelle Starkey

    TRUE REAL ESTATE

    (507) 317-4972

    248 Total Sales

    Michelle Starkey
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7008646

REALTOR® Association of Southern Minnesota

APN: R37-05-22-100-002

Minnesota Blue Earth County Madison Lake 56063

61683 243rd St, Madison Lake, MN

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