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114 2nd Ave

Truman, MN 56088

3 bd 1 ba 1,382 sqft Built 1915 Lot 10,629 sqft single_family
Most recent sale
$90,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2025 Listed $135,000 NorthstarMLS
Feb 14, 2025 Sold $133,000 NorthstarMLS
Nov 12, 2024 Price changed $133,000 NorthstarMLS
Oct 28, 2024 Listed $140,000 NorthstarMLS
Jul 28, 2022 Sold $90,000 MLS #6222669
Jun 20, 2022 Listed $85,300 MLS #6222669

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $53,300 $3,400 $56,700 $1,294
2020 $53,300 $3,400 $56,700 $784
2019 $29,600 $844
2018 $31,400 $674
2017 $25,860 $2,040 $27,900 $734
2016 $25,961 $2,039 $28,000 $720
2015 $32,062 $2,038 $34,100 $620
2014 $27,443 $2,157 $29,600 $638
2013 $28,057 $2,043 $30,100 $676
2012 $29,760 $2,040 $31,800 $744
2011 $52,900 $3,000 $55,900 $617
2010 $57,800 $3,000 $608 $646

Property facts

Year built
1915
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,382 sqft
Lot size
10,629 sqft
ZIP code
56088
City
Truman
Street
2nd Ave
Coordinates
43.82847, -94.43269

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 114 2nd Ave last sell?
114 2nd Ave most recently sold on Jul 28, 2022 for $90,000.
What is the current tax assessment for 114 2nd Ave?
The most recent total assessment for 114 2nd Ave (year 2021) is $56,700 with $1,294 in property tax.
How does 114 2nd Ave's assessment compare to its last sale price?
The current assessment is 37.0% below the last sale price of $90,000.
When was 114 2nd Ave built?
114 2nd Ave was built in 1915.
How does 114 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 114 2nd Ave?
114 2nd Ave is a 3 bed, 1 bath, 1,382 sqft, 10,629 sqft lot single_family.
Is 114 2nd Ave a flip candidate?
No — 114 2nd Ave does not appear in our flips dataset.
Is 114 2nd Ave a tax-appeal candidate?
No — 114 2nd Ave 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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