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226 Emerson Ln

Mankato, MN 56001

3 bd 2 ba 2,348 sqft Built 1961 Lot 6,970 sqft single_family
Most recent sale
$245,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $245,000 MLS #7030237
Jun 24, 2022 Listed $245,000 MLS #7030237
Jun 21, 2012 Listing removed $174,900 Mankato
May 30, 2012 Listed $174,900 MLS #131601
Sep 29, 2009 Sold $117,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $146,300 $26,000 $172,300 $2,198
2021 $141,900 $26,000 $167,900 $2,164
2020 $141,900 $26,000 $167,900 $2,092
2019 $136,800 $26,000 $162,800 $1,986
2018 $128,000 $26,000 $154,000 $1,862
2017 $119,100 $26,000 $145,100 $1,762
2016 $108,100 $35,600 $143,700 $1,754
2015 $108,100 $35,600 $143,700 $1,624
2014 $98,400 $35,600 $134,000 $1,228
2013 $67,700 $27,900 $95,600 $1,260
2012 $68,000 $28,000 $96,000 $1,336
2011 $74,700 $28,500 $103,200 $1,264
2009 $106,200 $35,600 $141,800 $1,390

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,348 sqft
Lot size
6,970 sqft
ZIP code
56001
City
Mankato
Street
Emerson Ln
Coordinates
44.16145, -93.97654

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
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 226 Emerson Ln last sell?
226 Emerson Ln most recently sold on Jul 13, 2022 for $245,000.
What is the current tax assessment for 226 Emerson Ln?
The most recent total assessment for 226 Emerson Ln (year 2022) is $172,300 with $2,198 in property tax.
How does 226 Emerson Ln's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $245,000.
When was 226 Emerson Ln built?
226 Emerson Ln was built in 1961.
How does 226 Emerson Ln compare to others on Emerson Ln?
We track 8 other properties on Emerson Ln. Browse the list under "Other properties on Emerson Ln" to compare beds, baths, and sale history.
What are the property facts for 226 Emerson Ln?
226 Emerson Ln is a 3 bed, 2 bath, 2,348 sqft, 6,970 sqft lot single_family.
Is 226 Emerson Ln a flip candidate?
No — 226 Emerson Ln does not appear in our flips dataset.
Is 226 Emerson Ln a tax-appeal candidate?
No — 226 Emerson 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
+2.1%
Implied 1-yr
+8.5%
2026 Q3
$379.2K
2026 Q4
$386.3K
ZIP 56001 — Median Price History + Forecast

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