NOT LISTED FOR SALE

885 Madison Ave Mankato, MN 56001

Alexander Park Neighborhood

Estimated Value: $1,739,426

Studio
-- Bath
3,283 Sq Ft
$530/Sq Ft Est. Value

About This Home

This home is located at 885 Madison Ave, Mankato, MN 56001 and is currently estimated at $1,739,426, approximately $529 per square foot. 885 Madison Ave is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Newman Investments Llc
Bought by
Fnmd Property Llc
Current Estimated Value
$1,739,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,000
Outstanding Balance
$1,171,984
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$567,442

Purchase Details

Closed on
Sep 4, 2019
Sold by
Van Tol Properties Llc
Bought by
Newman Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
3.6%
Mortgage Type
New Conventional
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

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
Fnmd Property Llc $900,000 Land Title
Newman Investments Llc $1,225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fnmd Property Llc $1,173,000
Previous Owner Newman Investments Llc $612,500
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 $22,578 $876,700 $222,100 $654,600
2024 $22,578 $876,700 $222,100 $654,600
2023 $16,676 $833,300 $222,100 $611,200
2022 $15,562 $636,800 $222,100 $414,700
2021 $13,934 $547,000 $222,100 $324,900
2020 $14,386 $503,100 $222,100 $281,000
2019 $15,552 $503,100 $222,100 $281,000
2018 $15,544 $503,700 $222,100 $281,600
2017 $16,630 $503,700 $222,100 $281,600
Source: Public Records

Map

Minnesota Blue Earth County Mankato 56001 Alexander Park

885 Madison Ave, Mankato, MN

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.