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403 2nd St

Lyle, MN 55953

3 bd 2 ba 1,752 sqft Built 1919 Lot 10,193 sqft single_family
Most recent sale
$80,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2025 Sold $75,000 NorthstarMLS
Mar 10, 2025 Price changed $79,900 NorthstarMLS
Feb 13, 2025 Price changed $84,900 NorthstarMLS
Feb 8, 2025 Price changed $89,900 NorthstarMLS
Feb 7, 2025 Price changed $84,900 NorthstarMLS
Nov 8, 2024 Listed $89,900 NorthstarMLS
Aug 16, 2022 Sold $80,000 MLS #6140613
Jan 9, 2022 Listed $95,800 MLS #6140613
Sep 29, 2021 Sold $45,000 Public Record
Mar 7, 2019 Listing removed $115,000 NorthstarMLS
Dec 11, 2018 Listing removed $115,000 NorthstarMLS
Dec 10, 2018 Listing removed $115,000 GreaterLakes
Aug 6, 2014 Sold $45,000 Southeastminnesota
Jun 4, 2014 Listed $47,000 Southeastminnesota
May 2, 2012 Sold $84,385 Public Record
May 26, 2011 Listing removed $115,000 Southeastminnesota
Dec 8, 2009 Price changed $115,000 MLS #2935705
Nov 25, 2009 Price changed $130,000 MLS #2935705
Aug 27, 2009 Price changed $137,999 MLS #2935705
May 13, 2009 Price changed $139,999 MLS #2935705
Sep 5, 2008 Relisted $140,999 MLS #2935705
Nov 26, 2007 Listing removed $139,999 Southeastminnesota
Nov 20, 2007 Listed $115,000 MLS #5096277
Oct 6, 2006 Listing removed $165,000 Southeastminnesota
Jul 6, 2006 Listed $165,000 Southeastminnesota

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,700 $20,000 $121,700 $2,274
2023 $94,800 $20,000 $114,800 $1,776
2022 $85,100 $9,700 $94,800 $1,680
2021 $51,300 $1,116
2019 $45,200 $2,032
2018 $41,000 $684
2017 $39,700 $638
2016 $39,700 $570
2015 $51,000 $722
2014 $71,000 $9,700 $80,700 $1,042
2013 $73,400 $9,700 $83,100 $1,276
2012 $73,400 $13,000 $86,400 $1,456
2009 $75,900 $14,000 $89,900 $748

Property facts

Year built
1919
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,752 sqft
Lot size
10,193 sqft
ZIP code
55953
City
Lyle
Street
2nd St
Coordinates
43.50500, -92.94244

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 403 2nd St last sell?
403 2nd St most recently sold on Aug 16, 2022 for $80,000.
What is the current tax assessment for 403 2nd St?
The most recent total assessment for 403 2nd St (year 2025) is $121,700 with $2,274 in property tax.
How does 403 2nd St's assessment compare to its last sale price?
The current assessment is 52.1% above the last sale price of $80,000.
When was 403 2nd St built?
403 2nd St was built in 1919.
How does 403 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 403 2nd St?
403 2nd St is a 3 bed, 2 bath, 1,752 sqft, 10,193 sqft lot single_family.
Is 403 2nd St a flip candidate?
Yes — 403 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 403 2nd St a tax-appeal candidate?
No — 403 2nd 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
+6.8%
Implied 1-yr
+27.2%
2025 Q3
$166.4K
2025 Q4
$174.3K
ZIP 55953 — Median Price History + Forecast

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