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218 Central Ave

Truman, MN 56088

2 bd 1 ba 1,050 sqft Built 1946 Lot 7,100 sqft single_family
Most recent sale
$84,900
Jan 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 7, 2022 Sold $84,900 MLS #6129048
Nov 19, 2021 Listed $84,900 MLS #6129048
Jul 15, 2011 Sold $22,000 MLS #115913
Jun 21, 2011 Price changed $31,000 MLS #115913
Jun 9, 2010 Price changed $33,000 MLS #115913
Jun 13, 2009 Price changed $36,500 MLS #115913
Apr 4, 2009 Relisted $39,900 MLS #115913
Feb 22, 2009 Listing removed $39,900 Mankato
Apr 11, 2008 Listed $44,900 MLS #115913

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,300 $2,900 $91,200 $1,728
2021 $44,700 $2,000 $46,700 $1,078
2020 $44,700 $2,000 $46,700 $918
2019 $38,100 $2,000 $40,100 $970
2018 $40,200 $2,000 $42,200 $762
2017 $34,500 $2,000 $36,500 $802
2016 $34,500 $2,000 $36,500 $668
2015 $33,400 $2,000 $35,400 $582
2014 $28,800 $2,100 $30,900 $590
2013 $29,300 $2,000 $31,300 $612
2012 $31,200 $2,000 $33,200 $688
2011 $39,200 $2,000 $41,200 $657
2010 $43,800 $2,000 $458 $654

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
7,100 sqft
ZIP code
56088
City
Truman
Street
Central Ave
Coordinates
43.82953, -94.43531

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
$509
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 218 Central Ave last sell?
218 Central Ave most recently sold on Jan 7, 2022 for $84,900.
What is the current tax assessment for 218 Central Ave?
The most recent total assessment for 218 Central Ave (year 2025) is $91,200 with $1,728 in property tax.
How does 218 Central Ave's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $84,900.
When was 218 Central Ave built?
218 Central Ave was built in 1946.
How does 218 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 218 Central Ave?
218 Central Ave is a 2 bed, 1 bath, 1,050 sqft, 7,100 sqft lot single_family.
Is 218 Central Ave a flip candidate?
No — 218 Central Ave does not appear in our flips dataset.
Is 218 Central Ave a tax-appeal candidate?
No — 218 Central 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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