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2325 240th St

Truman, MN 56088

4 bd 3 ba 2,680 sqft Built 1905 Lot 447,361 sqft single_family
Most recent sale
$155,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $155,000 MLS #6186856
Apr 28, 2022 Listed $200,000 MLS #6186856
Mar 29, 2007 Sold $220,000 Public Record
Feb 26, 2002 Sold $150,000 Public Record
May 26, 1993 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $178,500 $1,864
2019 $172,200 $1,926
2018 $172,200 $1,604
2017 $75,555 $75,945 $151,500 $1,436
2016 $71,246 $44,554 $115,800 $844
2015 $71,246 $44,554 $115,800 $700
2014 $64,976 $40,924 $105,900 $740
2013 $68,355 $39,045 $107,400 $746
2012 $56,781 $36,319 $93,100 $790
2011 $73,800 $46,500 $120,300 $645
2010 $97,600 $46,500 $1,441 $714

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,680 sqft
Lot size
447,361 sqft
ZIP code
56088
City
Truman
Street
240th St
Coordinates
43.83024, -94.40281

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2325 240th St last sell?
2325 240th St most recently sold on Aug 1, 2022 for $155,000.
What is the current tax assessment for 2325 240th St?
The most recent total assessment for 2325 240th St (year 2020) is $178,500 with $1,864 in property tax.
How does 2325 240th St's assessment compare to its last sale price?
The current assessment is 15.2% above the last sale price of $155,000.
When was 2325 240th St built?
2325 240th St was built in 1905.
How does 2325 240th St compare to others on 240th St?
We track 4 other properties on 240th St. Browse the list under "Other properties on 240th St" to compare beds, baths, and sale history.
What are the property facts for 2325 240th St?
2325 240th St is a 4 bed, 3 bath, 2,680 sqft, 447,361 sqft lot single_family.
Is 2325 240th St a flip candidate?
No — 2325 240th St does not appear in our flips dataset.
Is 2325 240th St a tax-appeal candidate?
Yes — 2325 240th 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
-5.0%
Implied 1-yr
-20.0%
2026 Q1
$124.2K
2026 Q2
$115K
ZIP 56088 — Median Price History + Forecast

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