$5,000
SOLD JUN 30, 2025

888 Mill Race Rd Madelia, MN 56062

0.28 Acre
$17,857 Price per Acre
12,197 Sq Ft Lot

Recently Sold

49% Below List Price

153 Days on Market

About This Lot

As of June 2025

This home is located at 888 Mill Race Rd, Madelia, MN 56062 and is currently priced at $5,000. 888 Mill Race Rd is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

Last Agent to Sell the Property

Gretchen Sadaka

Coldwell Banker River Valley License #40423740 Listed on: 11/25/2024

Coldwell Banker River Valley

Last Buyer's Agent

Krista Lunz

TRUE REAL ESTATE License #40381042

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 136x100x90x118

Listing and Financial Details

  • Assessor Parcel Number 175800110

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 11/27/2024
  • Parcel Number: 175800110
  • Projected Closed Date: 06/30/2025
  • Street Designation: Road
  • Taxes With Assessments: 172
  • Estimated Number of Acres: 0.28
  • Comp Dev Subdiv Name: River View Heights
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 136x100x90x118

Tax Info

  • Year: 2024
  • Tax Value: 172

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jun 30, 2025
Sold by
Hamblin Stacey
Bought by
Wise Kelsey and Wise Nolan
Seller's Agent
Gretchen Sadaka
Coldwell Banker River Valley
Buyer's Agent
Krista Lunz
TRUE REAL ESTATE
List Price
$9,900
Sold Price
$5,000
Premium/Discount to List
-$4,900
-49.49%
Total Days on Market
153
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45496504354165.53%
Original Mortgage
$375,000
Outstanding Balance
$375,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$319,000

Purchase Details

Closed on
May 4, 2020
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $375,000 --
Deed $11,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $5,000 -49.5% --
04/27/2025 04/27/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $9,900 0.0% --
04/17/2025 04/17/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $9,900 -17.5% --
11/25/2024 11/25/24 For Sale $12,000 -- --
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 $278 $16,600 $16,600 $0
2024 $172 $16,600 $16,600 $0
2023 $182 $10,700 $10,700 $0
2022 $190 $9,800 $9,800 $0
2021 $194 $9,000 $9,000 $0
2020 $186 $9,000 $9,000 $0
2019 $190 $9,000 $9,000 $0
2018 $0 $9,000 $9,000 $0
2016 -- $9,000 $9,000 $0
2014 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gretchen Sadaka

    Coldwell Banker River Valley

  • K

    Buyer's Agent in 2025

    Krista Lunz

    TRUE REAL ESTATE

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7036421

REALTOR® Association of Southern Minnesota

APN: 17.580.0110

Minnesota Watonwan County Madelia 56062

888 Mill Race Rd, Madelia, MN

This home is located at 888 Mill Race Rd, Madelia, MN 56062 and is currently priced at $5,000. 888 Mill Race Rd is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

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.

REALTOR® Association of Southern Minnesota 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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