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45892 Government Rd

Hinckley, MN 55037

3 bd 1 ba 1,216 sqft Built 1973 Lot 1,883,970 sqft single_family
Most recent sale
$270,000
Jan 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2023 Sold $270,000 NorthstarMLS
Sep 24, 2022 Price changed $299,000 NorthstarMLS
Sep 23, 2022 Listed $295,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,300 $136,500 $240,800 $1,801
2023 $80,900 $111,100 $192,000 $1,582
2022 $119,200 $1,180
2021 $113,200 $1,176
2020 $97,000 $948
2019 $89,900 $886
2018 $27,717 $50,883 $78,600 $776
2017 $28,104 $48,096 $76,200 $760
2016 $26,303 $47,697 $74,000 $716
2015 $22,740 $50,360 $73,100 $662
2014 $23,258 $50,342 $73,600 $626
2013 $27,087 $56,013 $83,100 $692
2012 $35,023 $67,377 $102,400 $754
2011 $54,100 $84,900 $139,000 $786

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,216 sqft
Lot size
1,883,970 sqft
ZIP code
55037
City
Hinckley
Street
Government Rd
Coordinates
46.06044, -92.87542

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,824
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 45892 Government Rd last sell?
45892 Government Rd most recently sold on Jan 20, 2023 for $270,000.
What is the current tax assessment for 45892 Government Rd?
The most recent total assessment for 45892 Government Rd (year 2025) is $240,800 with $1,801 in property tax.
How does 45892 Government Rd's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $270,000.
When was 45892 Government Rd built?
45892 Government Rd was built in 1973.
How does 45892 Government Rd compare to others on Government Rd?
We track 8 other properties on Government Rd. Browse the list under "Other properties on Government Rd" to compare beds, baths, and sale history.
What are the property facts for 45892 Government Rd?
45892 Government Rd is a 3 bed, 1 bath, 1,216 sqft, 1,883,970 sqft lot single_family.
Is 45892 Government Rd a flip candidate?
No — 45892 Government Rd does not appear in our flips dataset.
Is 45892 Government Rd a tax-appeal candidate?
No — 45892 Government Rd 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
+5.3%
Implied 1-yr
+21.1%
2026 Q3
$288K
2026 Q4
$288K
ZIP 55037 — Median Price History + Forecast

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