NOT LISTED FOR SALE

63557 Indian Lake Rd Finlayson, MN 55735

Estimated Value: $223,000 - $248,000

2 Beds
1 Bath
720 Sq Ft
$331/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2024

Last sale price $235,000 $326 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,388 / mo

14 Days on Market

Highlights

  • 255 Feet of Waterfront
  • Beach Access
  • No HOA
  • Docks
  • Lake View
  • The kitchen features windows

About This Home

As of July 2024

Don't miss out on this Wonderful 10 acre parcel of land featuring 255 feet of Lake Frontage on Indian Lake and 325 feet of Lake Frontage on Fish Lake!! Both lakes are good fishing and wonderful for a relaxing and peaceful canoe, kayak, paddle board or boat ride! This is an Ideal recreation property that offers not only Lakeshore and acreage but also a Wonderful & Cozy 2 bedroom, 1 bath cabin with an open kitchen and living room area for your enjoyment!! There is plenty of room for family and friends to camp and enjoy as well! The property includes most furnishing in the cabin, a newer dock on Indian Lake and more! See attached survey map and aerial view to get a good lay of the land and lake frontages.
This is a rare find with so much potential just minutes from Finlayson and I 35!
Schedule a showing today to see this Awesome and Unique one of a kind Property!

Last Agent to Sell the Property

Susan VanGorden

Heartland Realty, Inc Listed on: 06/02/2024

Last Buyer's Agent

Daniel Winsor

Homes Plus Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 2013

Lot Details

  • 10 Acre Lot
  • 255 Feet of Waterfront
  • Lake Front
  • Unpaved Streets
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Beach Access
  • Docks

Utilities

  • No Cooling
  • Underground Utilities
  • 100 Amp Service
  • Propane
  • Well
  • Drilled Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Additional Features

  • No Interior Steps
  • Tillable Land
  • Zoned For Horses

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0270395003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,454

Year Built

Built in 2013

Lot Details

10 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: Doors 36"+, No Stairs Internal, Other
  • Water Source: Submersible - 4 Inch, Drilled, Well
  • Year Built: 2013
  • Above Grade Finished Sq Ft: 720
  • Water Body Name: Indian
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Living Area: 720
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Metal, Pitched
  • View: Lake, North, See Remarks, South
  • ConstructionMaterialsDesc: Frame
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 255

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Other
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Propane
  • Power Company: East Central Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Kitchen Window

Schools

  • Junior High Dist: Hinckley-Finlayson
  • SchoolDistrictPhone: 320-384-6277

Lot Info

  • Topography: Gently Rolling,Level,Meadow,Scattered Timber,Sloped
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 435600
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Suitable for Horses, Tillable, Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0270395003
  • Tax Annual Amount: 1454
  • TaxWithAssessments: 1464.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View, Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Olwell Stephen and Olwell Kelly
Bought by
Stephen M Olwell And Kelly A Olwell Revocable
Current Estimated Value
$238,587

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jul 11, 2024
Sold by
Betty Joan Reiter As Trustee Of The Bet
Bought by
Olwell Stephen and Olwell Kelly
Seller's Agent
Susan VanGorden
Heartland Realty, Inc
Buyer's Agent
Daniel Winsor
Homes Plus Realty
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$188,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jul 9, 2024
Sold by
Betty Joan Reiter Revocable Living Trust and Reiter Betty Joan
Bought by
Olwell Stephen and Olwell Kelly
Seller's Agent
Susan VanGorden
Heartland Realty, Inc
Buyer's Agent
Daniel Winsor
Homes Plus Realty
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2014
Closed on
Dec 19, 2014
Bought by
Reiter Betty Betty
Seller's Agent
Thomas Jensen
United Country BJ Real Estate
Buyer's Agent
Susan VanGorden
Heartland Realty, Inc
List Price
$125,000
Sold Price
$103,000
Premium/Discount to List
-$22,000
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Stephen M Olwell And Kelly A Olwell Revocable $500 None Listed On Document
Olwell Stephen $235,000 --
Olwell Stephen -- None Listed On Document
Olwell Stephen -- None Listed On Document
Reiter Betty Betty $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olwell Stephen $188,000
Previous Owner Olwell Stephen $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $235,000 -6.0% $326 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $249,900 +142.6% $347 / Sq Ft
12/22/2014 12/22/14 Sold $103,000 -17.6% $165 / Sq Ft View Prior Sale
12/01/2014 12/01/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $125,000 -- $200 / Sq Ft
Source: NorthstarMLS

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 $1,476 $243,800 $123,100 $120,700
2024 $1,454 $186,400 $103,400 $83,000
2023 $1,346 $185,400 $108,200 $77,200
2022 $1,576 $148,100 $88,100 $60,000
2021 $1,488 $145,700 $79,400 $66,300
2020 $1,474 $130,700 $66,900 $63,800
2019 $1,462 $126,000 $64,200 $61,800
2018 $1,320 $120,700 $62,100 $58,600
2017 $1,292 $109,300 $60,700 $48,600
2016 $1,258 $108,000 $60,700 $47,300
2014 $1,022 $88,900 $63,300 $25,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6545049

NorthstarMLS

APN: 027.0395.003

Your Personal Tour Guide

Ask me questions while you tour the home.