Sold for $40,000

$40,000

115 E Indiana Ave, Gilbert, MN 55741

2beds

1baths

920sqft

Residential

Built in 1947

0.4 Acres Lot

$40,900 Zestimate^®

$43/sqft

$1,542 Estimated rent

Home value

$40,900

$35,000 - $47,000

$1,542/mo

Zestimate^® history

Owner options

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$1,542/mo

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$1,542/mo

Rent Zestimate^®

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$205/mo

Est. payment

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$205/mo

Est. payment

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What's special

This two bedroom bungalow, sitting on two city lots with room to make it your out door oasis and build a garage, offers great potential to make it your own or use as a investment property. Updated roof, new gutters, mostly gutted and started but left for your own vision to create your ideal space. Close to ATV/UTV wheeler trails, ohv park and walking distance to Orebegone beach.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Bedroom 1

Level: Main
Area: 135
Dimensions: 15 x 0

Bedroom 2

Level: Main
Area: 64
Dimensions: 0 x 0

Kitchen

Area: 150
Dimensions: 15 x 10

Living room

Level: Main
Area: 234
Dimensions: 18 x 13

Heating

Natural Gas

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Block
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,394
Total interior livable area: 920 sqft
Finished area below ground: 632

Property

Features

Levels: One
Patio & porch: Porch, Enclosed
Exterior features: Guttering: Yes
Fencing: None
Waterfront features: 0 - None

Lot

Size: 0.4 Acres
Dimensions: 60 x 120

Details

Parcel number: 060001001330

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Wood Frame
Roof: Asphalt

Condition

Year built: 1947

Utilities & green energy

Electric: Amps: 100
Utilities for property: Water Connected, Sewer Connected

Community & HOA

Location

Region: Gilbert

Financial & listing details

Price per square foot: $43/sqft
Tax assessed value: $43,000
Annual tax amount: $262
Date on market: 9/19/2025

Price history

Date	Event	Price
9/19/2025	Sold	$40,000-11.1%$43/sqft
Source: Range AOR #148699 Report a problem
7/11/2025	Listed for sale	$45,000+200%$49/sqft
Source: Range AOR #148699 Report a problem
6/18/2025	Sold	$15,000-48.3%$16/sqft
Source: Range AOR #148333 Report a problem
5/13/2025	Listed for sale	$29,000$32/sqft
Source: Range AOR #148333 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$160 -27.9%	$43,000
2023	$222 +8.8%	$43,000 +5.1%
2022	$204 +7.4%	$40,900
2021	$190	$40,900 +8.5%
2020	$190	$37,700
2019	$190 +17.3%	$37,700 -2.6%
2018	$162 +5.2%	$38,700
2017	$154 -4.9%	$38,700
2016	$162 -19%	$38,700 +87.9%
2015	$200 +17.6%	$20,600
2014	$170 -43.5%	$20,600 -15.6%
2013	$301 -30.2%	$24,400 -16.2%
2012	$431 +15.2%	$29,100 -34.9%
2011	$374 -11.7%	$44,700 -3%
2010	$424	$46,100
2009	$424 +0.5%	$46,100 +3.4%
2008	$422 +24%	$44,600 +14.9%
2007	$340 -5.5%	$38,800 +8.4%
2006	$360 +3.8%	$35,800 +17.8%
2004	$347 +3%	$30,400 +12.2%
2003	$337 +5.4%	$27,100 +10.2%
2002	$320 +13.1%	$24,600
2001	$283 +27.8%	$24,600 +5.1%
2000	$221	$23,400