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1560 Independence Dr

Northfield, MN 55057

2 bd 3 ba 1,576 sqft Built 2003 Lot 392 sqft townhomes
Most recent sale
$232,900
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2024 Sold $248,000 NorthstarMLS
Aug 24, 2022 Sold $232,900 MLS #6237776
Jul 20, 2022 Listed $232,900 MLS #6237776
Jun 11, 2021 Sold $210,000 MLS #5769479
Jun 4, 2021 Listed $209,900 MLS #5769479
Dec 18, 2016 Listing removed $1,200 AppfolioUnits
Dec 5, 2016 Price changed for rent $1,200 AppfolioUnits
Dec 2, 2016 Listed for rent $1,250 AppfolioUnits
Dec 1, 2016 Sold $130,000 MLS #4753738
Oct 27, 2016 Price changed $133,900 MLS #4753738
Sep 23, 2016 Price changed $139,900 MLS #4753738
Aug 31, 2016 Price changed $144,900 MLS #4753738
Aug 22, 2016 Listed $149,900 MLS #4753738
Feb 26, 2004 Sold $153,542 Public Record
Dec 29, 2003 Sold $153,543 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,379 $35,771 $204,150 $3,278
2023 $173,300 $37,600 $210,900 $2,992
2022 $146,900 $35,800 $182,700 $2,690
2021 $135,000 $34,100 $169,100 $2,540
2020 $135,000 $34,100 $169,100 $2,696
2019 $140,600 $32,500 $173,100 $2,496
2018 $126,600 $30,100 $156,700 $2,333
2017 $115,500 $27,300 $142,800 $1,962
2016 $103,500 $26,000 $129,500 $2,050
2015 $103,200 $25,300 $128,500 $1,969
2014 $97,900 $24,000 $121,900 $2,049
2013 $97,100 $23,500 $120,600 $2,189
2012 $101,500 $23,500 $125,000 $2,068
2011 $106,700 $24,800 $131,500 $1,912
2009 $134,300 $30,500 $164,800 $2,044
2008 $134,300 $30,500 $164,800 $1,879
2007 $130,500 $30,500 $161,000 $1,746

Property facts

Year built
2003
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,576 sqft
Lot size
392 sqft
ZIP code
55057
City
Northfield
Street
Independence Dr
Coordinates
44.47593, -93.17878

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
$2,364
Gross rental yield
12.18%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 1560 Independence Dr last sell?
1560 Independence Dr most recently sold on Aug 24, 2022 for $232,900.
What is the current tax assessment for 1560 Independence Dr?
The most recent total assessment for 1560 Independence Dr (year 2025) is $204,150 with $3,278 in property tax.
How does 1560 Independence Dr's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $232,900.
When was 1560 Independence Dr built?
1560 Independence Dr was built in 2003.
How does 1560 Independence Dr compare to others on Independence Dr?
We track 8 other properties on Independence Dr. Browse the list under "Other properties on Independence Dr" to compare beds, baths, and sale history.
What are the property facts for 1560 Independence Dr?
1560 Independence Dr is a 2 bed, 3 bath, 1,576 sqft, 392 sqft lot townhomes.
Is 1560 Independence Dr a flip candidate?
No — 1560 Independence Dr does not appear in our flips dataset.
Is 1560 Independence Dr a tax-appeal candidate?
No — 1560 Independence Dr 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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