2512 240th St
Truman, MN 56088
3 bd 1 ba 1,144 sqft Built 1978 Lot 239,580 sqft single_family
Most recent sale
$170,000
Oct 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 26, 2022 | Sold | $170,000 | MLS #6235988 |
| Sep 16, 2022 | Price changed | $185,000 | MLS #6235988 |
| Aug 9, 2022 | Price changed | $199,900 | MLS #6235988 |
| Jul 16, 2022 | Listed | $224,900 | MLS #6235988 |
| Dec 31, 2018 | Sold | $219,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $151,800 | $61,700 | $213,500 | $1,918 |
| 2020 | — | — | $114,100 | $1,242 |
| 2019 | — | — | $107,500 | $938 |
| 2018 | — | — | $108,400 | $814 |
| 2017 | $64,226 | $47,174 | $111,400 | $1,058 |
| 2016 | $56,111 | $27,189 | $83,300 | $766 |
| 2015 | $56,111 | $27,189 | $83,300 | $636 |
| 2014 | $50,279 | $24,921 | $75,200 | $654 |
| 2013 | $49,677 | $22,823 | $72,500 | $780 |
| 2012 | $49,677 | $22,823 | $72,500 | $682 |
| 2011 | $57,900 | $31,700 | $89,600 | $585 |
| 2010 | $57,900 | $36,100 | $940 | $700 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,144 sqft
Lot size
239,580 sqft
ZIP code
56088
City
Truman
Street
240th St
Coordinates
43.83296, -94.36585
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,716
Gross rental yield
12.11%
Implied cap rate
7.87%
Trend-extrapolated value
—
Frequently asked questions
When did 2512 240th St last sell?
2512 240th St most recently sold on Oct 26, 2022 for $170,000.
What is the current tax assessment for 2512 240th St?
The most recent total assessment for 2512 240th St (year 2025) is $213,500 with $1,918 in property tax.
How does 2512 240th St's assessment compare to its last sale price?
The current assessment is 25.6% above the last sale price of $170,000.
When was 2512 240th St built?
2512 240th St was built in 1978.
How does 2512 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 2512 240th St?
2512 240th St is a 3 bed, 1 bath, 1,144 sqft, 239,580 sqft lot single_family.
Is 2512 240th St a flip candidate?
No — 2512 240th St does not appear in our flips dataset.
Is 2512 240th St a tax-appeal candidate?
Yes — 2512 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 valuationQuarterly trend
-5.0%
Implied 1-yr
-20.0%
2026 Q1
$124.2K
2026 Q2
$115K
ZIP 56088 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 240th St