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491 11th St

Lafayette, MN 56054

2 bd 3 ba 1,237 sqft Built 1919 Lot 22,477 sqft single_family
Most recent sale
$185,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $192,000 NorthstarMLS
Mar 14, 2024 Price changed $195,000 Mankato
Feb 20, 2024 Price changed $205,000 Mankato
Feb 14, 2024 Price changed $215,000 Mankato
Dec 24, 2023 Listed $224,900 Mankato
Jun 27, 2022 Sold $187,775 Public Record
Jun 21, 2022 Sold $185,000 MLS #6173639
Apr 4, 2022 Listed $199,000 MLS #6173639
Apr 2, 2022 Listed $199,000 MLS #7029372
Jun 17, 2021 Sold $169,450 MLS #5733297
Apr 15, 2021 Price changed $169,900 MLS #5733297
Mar 31, 2021 Listed $179,900 MLS #5733297

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,600 $1,960
2023 $122,200 $1,910
2022 $108,200 $1,858
2021 $85,800 $1,594
2020 $85,800 $1,554
2019 $85,800 $1,442
2018 $62,600 $1,102
2017 $55,800 $998
2016 $55,800 $990
2015 $55,800 $954
2014 $55,800 $924
2013 $61,000 $1,028
2011 $76,200 $13,800 $90,000 $930

Property facts

Year built
1919
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,237 sqft
Lot size
22,477 sqft
ZIP code
56054
City
Lafayette
Street
11th St
Coordinates
44.44636, -94.39033

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,856
Gross rental yield
12.04%
Implied cap rate
7.83%
Trend-extrapolated value

Frequently asked questions

When did 491 11th St last sell?
491 11th St most recently sold on Jun 21, 2022 for $185,000.
What is the current tax assessment for 491 11th St?
The most recent total assessment for 491 11th St (year 2025) is $118,600 with $1,960 in property tax.
How does 491 11th St's assessment compare to its last sale price?
The current assessment is 35.9% below the last sale price of $185,000.
When was 491 11th St built?
491 11th St was built in 1919.
How does 491 11th St compare to others on 11th St?
We track 5 other properties on 11th St. Browse the list under "Other properties on 11th St" to compare beds, baths, and sale history.
What are the property facts for 491 11th St?
491 11th St is a 2 bed, 3 bath, 1,237 sqft, 22,477 sqft lot single_family.
Is 491 11th St a flip candidate?
No — 491 11th St does not appear in our flips dataset.
Is 491 11th St a tax-appeal candidate?
No — 491 11th St 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
+5.7%
Implied 1-yr
+22.8%
2025 Q3
$242K
2025 Q4
$252.1K
ZIP 56054 — Median Price History + Forecast

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