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503 Minnesota St

New Ulm, MN 56073

4 bd 2 ba 4,173 sqft Built 1903 Lot 3,920 sqft single_family
Most recent sale
$135,000
Jun 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Price changed $149,900 MLS #6235573
Aug 16, 2022 Price changed $154,900 MLS #6235573
Jul 15, 2022 Listed $159,900 MLS #6235573
Jun 23, 2021 Sold $135,000 Public Record
Dec 21, 2018 Sold $85,000 Public Record
Nov 15, 2018 Sold $105,000 Public Record
May 22, 2018 Price changed $114,500 MLS #7014722
May 7, 2018 Price changed $115,900 MLS #7014722
Apr 26, 2018 Price changed $119,900 MLS #7014722
Apr 17, 2018 Relisted $125,000 MLS #7014722
Jan 9, 2018 Relisted $115,800 MLS #7014722
Nov 7, 2017 Price changed $115,900 MLS #7014722
Oct 26, 2017 Price changed $119,900 MLS #7014722
Oct 15, 2017 Price changed $125,000 MLS #7014722
Oct 9, 2017 Price changed $130,000 MLS #7014722
Sep 23, 2017 Price changed $135,000 MLS #7014722
Jul 10, 2017 Price changed $137,900 MLS #7014722
Jun 9, 2017 Listed $139,000 MLS #7014722
Oct 13, 2015 Sold $65,000 MLS #7009695
Sep 24, 2015 Listed $69,500 MLS #7009695
May 29, 2014 Sold $68,500 MLS #7002358
Jun 21, 2013 Sold $68,500 Public Record
May 11, 2013 Listed $69,900 MLS #4485711
Jan 11, 2013 Price changed $69,900 MLS #7000444
Sep 9, 2012 Listed $79,900 MLS #7000444

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,900 $24,300 $209,200 $3,008
2022 $104,004 $17,696 $121,700 $2,112
2021 $88,607 $17,093 $105,700 $1,826
2020 $88,607 $17,093 $105,700 $1,776
2019 $84,887 $16,913 $101,800 $1,742
2018 $84,500 $16,900 $101,400 $2,426
2017 $79,800 $21,200 $101,000 $1,664
2016 $76,100 $21,200 $97,300 $758
2015 $26,387 $12,713 $39,100 $804
2014 $30,268 $12,732 $43,000 $798
2013 $33,090 $11,510 $44,600 $854
2012 $33,375 $11,525 $44,900 $818
2011 $55,600 $19,200 $74,800 $910

Property facts

Year built
1903
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
4,173 sqft
Lot size
3,920 sqft
ZIP code
56073
City
New Ulm
Street
Minnesota St
Coordinates
44.31823, -94.46402

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
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Minnesota St last sell?
503 Minnesota St most recently sold on Jun 23, 2021 for $135,000.
What is the current tax assessment for 503 Minnesota St?
The most recent total assessment for 503 Minnesota St (year 2025) is $209,200 with $3,008 in property tax.
How does 503 Minnesota St's assessment compare to its last sale price?
The current assessment is 55.0% above the last sale price of $135,000.
When was 503 Minnesota St built?
503 Minnesota St was built in 1903.
How does 503 Minnesota St compare to others on Minnesota St?
We track 8 other properties on Minnesota St. Browse the list under "Other properties on Minnesota St" to compare beds, baths, and sale history.
What are the property facts for 503 Minnesota St?
503 Minnesota St is a 4 bed, 2 bath, 4,173 sqft, 3,920 sqft lot single_family.
Is 503 Minnesota St a flip candidate?
No — 503 Minnesota St does not appear in our flips dataset.
Is 503 Minnesota St a tax-appeal candidate?
Yes — 503 Minnesota St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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