NOT LISTED FOR SALE

65355 340th St Gibbon, MN 55335

Estimated Value: $184,000 - $312,000

4 Beds
2 Baths
1,563 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $169,500 $108 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,405/month

11 Days on Market

Highlights

  • Pole Barn
  • 1 Car Attached Garage
  • Bathroom on Main Level
  • Porch
  • Eat-In Kitchen
  • Machine Shed

About This Home

As of December 2022

This is a great opportunity for private country living. With some work, this 4 bedroom, 2 bath property would be a great site. Spacious 6.8 acre farm site with mature trees and a few great outbuildings including a barn and machine shed.

Last Listed By

JOSEPH MAIDL

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 11/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • 1900

Lot Details

  • 6.8 Acre Lot
  • Lot Dimensions are 400 x 550
  • Property fronts a county road

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,563 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Pole Barn
  • Storage Shed
  • Porch

Farming

  • Machine Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 13.005.0400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen
  • Amenities Exterior: Driveway - Gravel, Porch
  • Estimated Number of Acres: 6.8
  • Assessment Balance: 21
  • Assessments: Yes
  • Foundation Size: 763
  • L V T Date: 11/03/2022
  • Mechanicals: Water Heater-Electric, Water Softener-Owned, Sump Pump
  • Parcel Number: 13.005.0400
  • Price Per Square Foot: 84
  • Range: 031
  • Section: 05
  • Sold Price Per Sq Ft: 73
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1982
  • Twp Number: 111
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 12.5x13, On Level: Main
  • Room 2: Mud Room, 4x6, On Level: Main
  • Room 3: Living Room, 12x23.5, On Level: Main
  • Room 4: Bedroom, 12.5x15.5, On Level: Main
  • Room 5: Bedroom, 10.5x11, On Level: Upper
  • Room 6: Bedroom, 12.5x15.5, On Level: Upper
  • Room 7: 12.5x15.5, On Level: Upper
  • Room 8: Laundry Room, 7x11.5, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1563
  • Tot Above Grade Sq Ft: 1563
  • Total Fin Square Footage: 1563
  • Total Square Footage: 2326
  • Tot Below Grade Sq Ft: 763

Exterior Features

  • Frontage Road: County, Gravel
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board
  • Out Buildings: Barn, Machine Shed, Pole Building, Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Square Footage: 292

Utilities

  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Gibbon-Fairfax-Wintrhop #2365

Lot Info

  • Estimated Lot Dimensions: 400 x 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Olson Luke R and Olson Kelly
Bought by
Olson Luke R and Olson Kelly
Total Days on Market
11
Current Estimated Value
$237,890

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 9, 2022
Sold by
United Prairie Bank
Bought by
Olson Luke
Seller's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
Buyer's Agent
Anthony White
JBEAL REAL ESTATE GROUP
List Price
$194,500
Sold Price
$169,500
Premium/Discount to List
-$25,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%
Original Mortgage
$135,600
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2020
Sold by
Moriarty Marilyn G and Moriarty Timothy
Bought by
United Prairie Bank

Purchase Details

Closed on
Oct 31, 2014
Sold by
Gitter Moriarty Marilyn Marilyn
Bought by
Schwab Craig Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.98%

Range of Values:

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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
Olson Luke R $500 Stewart Title
Olson Luke $169,500 --
United Prairie Bank $46,858 None Available
Schwab Craig Craig $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Luke $135,600
Previous Owner Schwab Craig Craig $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $169,500 -12.9% $108 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $194,500 -- $124 / 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
2024 $1,712 $196,900 $93,800 $103,100
2023 $1,754 $198,700 $93,800 $104,900
2022 $1,982 $188,800 $93,800 $95,000
2021 $2,102 $189,100 $93,800 $95,300
2020 $1,584 $189,100 $93,800 $95,300
2019 $1,528 $182,200 $93,800 $88,400
2018 $1,468 $175,300 $93,800 $81,500
2017 -- $164,900 $0 $0
2016 $1,362 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031270

REALTOR® Association of Southern Minnesota

APN: R-13.005.0400