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1189 Farmers Ln

Belle Plaine, MN 56011

4 bd 3 ba 3,354 sqft Built 2003 Lot 9,148 sqft single_family
Most recent sale
$387,500
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $387,500 MLS #6188452
Aug 10, 2022 Listed $380,000 MLS #6188452
May 20, 2017 Sold $268,450 MLS #4801201
Mar 5, 2017 Listed $269,900 MLS #4801201
Jun 7, 2014 Sold $221,000 MLS #4453940
Mar 10, 2014 Listed $222,900 MLS #4453940
Feb 26, 2010 Sold $164,900 MLS #3872469
Jan 19, 2010 Listed $159,900 MLS #3872469
Jan 18, 2008 Listed $274,900 MLS #3487944
Apr 19, 2007 Listed $299,900 MLS #3362657
Jan 18, 2007 Listed $279,900 MLS #3315952
Sep 5, 2006 Listed $289,900 MLS #3262487
Jun 21, 2006 Listed $299,900 MLS #3223067
Sep 27, 2004 Sold $239,900 Public Record
Oct 31, 2003 Sold $195,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $252,400 $3,994
2019 $248,885 $3,814
2018 $241,400 $3,868
2017 $223,100 $3,612
2016 $208,400 $3,508
2015 $195,100 $3,498
2014 $192,400 $3,368
2013 $176,100 $3,470
2012 $182,200 $3,234
2011 $176,500 $2,920
2010 $171,100 $30,000 $201,100 $3,520
2009 $176,400 $40,000 $216,400 $3,244

Property facts

Year built
2003
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
3,354 sqft
Lot size
9,148 sqft
ZIP code
56011
City
Belle Plaine
Street
Farmers Ln
Coordinates
44.61486, -93.74301

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,325
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1189 Farmers Ln last sell?
1189 Farmers Ln most recently sold on Sep 28, 2022 for $387,500.
What is the current tax assessment for 1189 Farmers Ln?
The most recent total assessment for 1189 Farmers Ln (year 2020) is $252,400 with $3,994 in property tax.
How does 1189 Farmers Ln's assessment compare to its last sale price?
The current assessment is 34.9% below the last sale price of $387,500.
When was 1189 Farmers Ln built?
1189 Farmers Ln was built in 2003.
How does 1189 Farmers Ln compare to others on Farmers Ln?
We track 8 other properties on Farmers Ln. Browse the list under "Other properties on Farmers Ln" to compare beds, baths, and sale history.
What are the property facts for 1189 Farmers Ln?
1189 Farmers Ln is a 4 bed, 3 bath, 3,354 sqft, 9,148 sqft lot single_family.
Is 1189 Farmers Ln a flip candidate?
No — 1189 Farmers Ln does not appear in our flips dataset.
Is 1189 Farmers Ln a tax-appeal candidate?
No — 1189 Farmers Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$360.5K
2026 Q4
$358.9K
ZIP 56011 — Median Price History + Forecast

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