See Home Value
Gilbert 55741
509 Indiana Ave W
$169,900*
House - Off Market

509 Indiana Ave W

Gilbert, MN 55741
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1169 Sqft
$153,000 - $185,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Jan 04, 2024
$169,900
$164,803 by Regent Financial Group, Inc.
Mortgage Due Jan 01, 2054
Sold Nov 30, 2021
$150,000
$142,500 by Cherry Creek Mortgage Llc
Mortgage Due Dec 01, 2051

About This Property

Discover this charming and updated 2+ bedroom home in Gilbert, MN. The main floor hosts two bedrooms, a spacious living room, kitchen, and dining area. The basement, offering room for personalization, includes an egress window for an excellent potential third bedroom and an extra family room. Ample storage is a highlight throughout the house. Take advantage of the covered patio in the Minnesota spring, summer, and fall for comfortable outdoor entertaining. Make use of the extra-long 2-stall garage with a drive-through feature. An additional building on the property that is partially insulated with electric. Schedule your personal tour today and don't miss the chance to call this place home!

The manager has listed the unit size as 1169 square feet.
Unit Size
1,169Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Jan 4, 2024 Sold to Megan Huffman, Steven Shopp $169,900
Sold to Megan Huffman, Steven Shopp
Nov 28, 2023 No longer available -
No longer available
Nov 18, 2023 Listed $169,900
Listed
Nov 30, 2021 Sold to Kammi S Hays, William M Hays $150,000
Sold to Kammi S Hays, William M Hays
Nov 20, 2021 No longer available -
No longer available
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 400
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,602
  • Total Building Area: 974
  • Gross Building Area: 974
  • Building Area: 974
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 974
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILBERT 2ND ADD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NWLY 10 FT OF LOT 5 ALL OF LOTS 6 AND 7AND SELY 10 FT OF LOT 8 SERIAL #

Ownership

  • Current Owner : SHOPP STEVEN
  • Current Owner 2: HUFFMAN MEGAN
  • Previous Owner : HAYS WILLIAM M
  • Previous Owner 2: HAYS KAMMI S
  • Owner Before Previous Owner: JESSICA KING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Eveleth-Gilbert School District
  • School Tax School District: 2909
  • Census Tract: 013500

Geography

  • Assessors Map Reference: MB 30
  • Account Number: 1121660
  • District: 60
  • Parcel: 060-0030-05395
  • Block: 57
  • Lot: 5-8
  • Municipality: CITY OF GILBERT
  • Latitude: 47.4929
  • Longitude: -92.4696

    Address

  • Full Address: 509 Indiana Ave W
  • Address - House Number: 509
  • Street Segment Direction: W
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Gilbert
  • Carrier Code: H001
  • 4-Digit Zip Code: 9012
  • Zip Code: 55741

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,464
  • Tax Rate Code Area: CITY OF GI

    Appraisal Valuation

  • Standard Deviation: 0.1041
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 168,972
  • High Value: 186,573
  • Low Value: 151,371

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $170,100
  • First Open Lien Mortgage Lender: REGENT FINANCIAL GROUP, INC.
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $164,803
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054
  • Second Open Lien Mortgage Recording Date: Jan 04, 2024
  • Second Open Lien Mortgage Loan Amount: $5,297
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $110,300
  • Market Land Value: $9,100
  • Market Improvement Value: $101,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,300
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $101,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Transaction ID: 11918968782
  • Current Sale Price: $169,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1481023
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Nov 19, 2021
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGENT FINANCIAL GROUP, INC.
  • First Mortgage Transaction Date: Jan 04, 2024
  • First Mortgage Loan Amount: $164,803
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054
  • Second Mortgage Transaction Date: Jan 04, 2024
  • Second Mortgage Loan Amount: $5,297
  • Second Mortgage Terms: 10
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Jan 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 30, 2021
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gilbert


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Frequently Asked Questions

When was property at 509 Indiana Avenue West built and last sold?
The property at 509 Indiana Avenue West was built in 1957 and last sold on Dec 22, 2023 for $169,900.
How much is this home worth?
The estimated value of the home located at 509 Indiana Avenue West is $171,599.
What are some comparable homes to 509 Indiana Avenue West?
There are currently no comparable homes to 509 Indiana Avenue West.

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