322 Franklin St
New Ulm, MN 56073
3 bd 2 ba 2,634 sqft Built 1903 Lot 8,276 sqft single_family
Most recent sale
$185,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 2, 2025 | Sold | $195,000 | Mankato |
| Nov 11, 2024 | Listed | $194,900 | Mankato |
| May 20, 2022 | Sold | $185,000 | MLS #7029387 |
| Apr 7, 2022 | Listed | $174,900 | MLS #7029387 |
| Jul 27, 2016 | Sold | $125,000 | Public Record |
| Sep 25, 2003 | Sold | $105,000 | Public Record |
| Nov 30, 2001 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $63,703 | $25,697 | $89,400 | $1,572 |
| 2021 | $63,703 | $25,697 | $89,400 | $1,558 |
| 2020 | $58,619 | $24,381 | $83,000 | $1,464 |
| 2019 | $56,165 | $24,135 | $80,300 | $1,396 |
| 2018 | $46,770 | $23,030 | $69,800 | $1,296 |
| 2017 | $42,191 | $22,409 | $64,600 | $1,198 |
| 2016 | $42,637 | $22,463 | $65,100 | $1,198 |
| 2015 | $43,240 | $22,560 | $65,800 | $1,172 |
| 2014 | $43,317 | $20,283 | $63,600 | $1,086 |
| 2013 | $43,857 | $20,343 | $64,200 | $1,164 |
| 2012 | $63,600 | $29,500 | $93,100 | $1,084 |
Property facts
Year built
1903
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,634 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Franklin St
Coordinates
44.31445, -94.46763
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 322 Franklin St last sell?
322 Franklin St most recently sold on May 20, 2022 for $185,000.
What is the current tax assessment for 322 Franklin St?
The most recent total assessment for 322 Franklin St (year 2022) is $89,400 with $1,572 in property tax.
How does 322 Franklin St's assessment compare to its last sale price?
The current assessment is 51.7% below the last sale price of $185,000.
When was 322 Franklin St built?
322 Franklin St was built in 1903.
How does 322 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 322 Franklin St?
322 Franklin St is a 3 bed, 2 bath, 2,634 sqft, 8,276 sqft lot single_family.
Is 322 Franklin St a flip candidate?
No — 322 Franklin St does not appear in our flips dataset.
Is 322 Franklin St a tax-appeal candidate?
No — 322 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St