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227 Garden St

New Ulm, MN 56073

5 bd 2 ba 2,532 sqft Built 1934 Lot 3,920 sqft single_family
Most recent sale
$149,900
Apr 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2023 Sold $162,000 Mankato
Aug 9, 2023 Listed $164,900 Mankato
Apr 5, 2022 Sold $149,900 MLS #7029270
Mar 19, 2022 Listed $149,900 MLS #7029270

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,900 $29,400 $145,300 $2,102
2022 $60,216 $18,984 $79,200 $1,402
2021 $60,685 $19,015 $79,700 $1,398
2020 $60,685 $19,015 $79,700 $1,300
2019 $54,969 $18,131 $73,100 $1,260
2018 $53,871 $18,029 $71,900 $1,186
2017 $46,068 $17,232 $63,300 $1,128
2016 $43,480 $16,920 $60,400 $1,088
2015 $42,152 $16,248 $58,400 $1,316
2014 $57,139 $17,761 $74,900 $1,198
2013 $55,198 $15,802 $71,000 $1,284
2012 $55,838 $15,862 $71,700 $774
2011 $77,800 $22,100 $99,900 $878

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,532 sqft
Lot size
3,920 sqft
ZIP code
56073
City
New Ulm
Street
Garden St
Coordinates
44.31118, -94.47163

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
$899
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 227 Garden St last sell?
227 Garden St most recently sold on Apr 5, 2022 for $149,900.
What is the current tax assessment for 227 Garden St?
The most recent total assessment for 227 Garden St (year 2025) is $145,300 with $2,102 in property tax.
How does 227 Garden St's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $149,900.
When was 227 Garden St built?
227 Garden St was built in 1934.
How does 227 Garden St compare to others on Garden St?
We track 8 other properties on Garden St. Browse the list under "Other properties on Garden St" to compare beds, baths, and sale history.
What are the property facts for 227 Garden St?
227 Garden St is a 5 bed, 2 bath, 2,532 sqft, 3,920 sqft lot single_family.
Is 227 Garden St a flip candidate?
No — 227 Garden St does not appear in our flips dataset.
Is 227 Garden St a tax-appeal candidate?
No — 227 Garden 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast

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