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405 1st St

Truman, MN 56088

4 bd 2 ba 1,427 sqft Built 1940 Lot 14,201 sqft single_family
Most recent sale
$65,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $65,000 MLS #6239776
Aug 13, 2022 Price changed $69,900 MLS #6239776
Jul 26, 2022 Listed $73,900 MLS #6239776

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $35,600 $402
2019 $30,500 $436
2018 $32,200 $340
2017 $25,362 $2,338 $27,700 $366
2016 $25,362 $2,338 $27,700 $304
2015 $25,057 $2,343 $27,400 $266
2014 $21,138 $2,462 $23,600 $274
2013 $21,558 $2,342 $23,900 $262
2012 $23,160 $2,340 $25,500 $304
2011 $39,600 $3,900 $43,500 $97
2010 $45,100 $3,900 $490 $162

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,427 sqft
Lot size
14,201 sqft
ZIP code
56088
City
Truman
Street
1st St
Coordinates
43.82857, -94.43097

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 1st St last sell?
405 1st St most recently sold on Sep 22, 2022 for $65,000.
What is the current tax assessment for 405 1st St?
The most recent total assessment for 405 1st St (year 2020) is $35,600 with $402 in property tax.
How does 405 1st St's assessment compare to its last sale price?
The current assessment is 45.2% below the last sale price of $65,000.
When was 405 1st St built?
405 1st St was built in 1940.
How does 405 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 405 1st St?
405 1st St is a 4 bed, 2 bath, 1,427 sqft, 14,201 sqft lot single_family.
Is 405 1st St a flip candidate?
No — 405 1st St does not appear in our flips dataset.
Is 405 1st St a tax-appeal candidate?
No — 405 1st 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
-5.0%
Implied 1-yr
-20.0%
2026 Q1
$124.2K
2026 Q2
$115K
ZIP 56088 — Median Price History + Forecast

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