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1192 Farmers Ln

Belle Plaine, MN 56011

5 bd 3 ba 2,521 sqft Built 2021 Lot 10,629 sqft single_family
Most recent sale
$360,768
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2026 Listed $425,000 NorthstarMLS
Dec 21, 2021 Sold $360,768 MLS #6130180
Nov 23, 2021 Listed $360,768 MLS #6130180
May 26, 2021 Sold $70,000 Public Record
Jun 10, 2004 Sold $52,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $45,700 $45,700 $886
2020 $45,700 $45,700 $842
2019 $42,800 $42,800 $776
2018 $40,000 $40,000 $584
2017 $27,500 $27,500 $584
2016 $27,500 $27,500 $604
2015 $27,500 $27,500 $556
2014 $25,000 $25,000 $584
2013 $25,000 $25,000 $586
2012 $25,000 $25,000 $658
2011 $30,000 $30,000 $572
2010 $30,000 $30,000 $718
2009 $40,000 $40,000 $996

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,521 sqft
Lot size
10,629 sqft
ZIP code
56011
City
Belle Plaine
Street
Farmers Ln
Coordinates
44.61434, -93.74272

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
$3,782
Gross rental yield
12.58%
Implied cap rate
8.18%
Trend-extrapolated value

Frequently asked questions

When did 1192 Farmers Ln last sell?
1192 Farmers Ln most recently sold on Dec 21, 2021 for $360,768.
What is the current tax assessment for 1192 Farmers Ln?
The most recent total assessment for 1192 Farmers Ln (year 2021) is $45,700 with $886 in property tax.
How does 1192 Farmers Ln's assessment compare to its last sale price?
The current assessment is 87.3% below the last sale price of $360,768.
When was 1192 Farmers Ln built?
1192 Farmers Ln was built in 2021.
How does 1192 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 1192 Farmers Ln?
1192 Farmers Ln is a 5 bed, 3 bath, 2,521 sqft, 10,629 sqft lot single_family.
Is 1192 Farmers Ln a flip candidate?
Yes — 1192 Farmers Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1192 Farmers Ln a tax-appeal candidate?
No — 1192 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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