This great investment property presents a unique opportunity, beckoning those with a keen eye for potential and a penchant for crafting their dream space. The standout feature of this residence is an expansive shop boasting a robust real wood-burning stove and an impressive 9,000 lb car hoist, ideal for automotive enthusiasts and hobbyists. Nestled on an expansive and verdant lot, this property is strategically positioned on the bustling main street, offering unbeatable convenience with quick access to a charming local bar/restaurant, the post office, and a nearby campground, all while being mere minutes away from idyllic walking and biking trails. Moreover, its proximity to the highway ensures easy connectivity, making it an opportunity you don't want to miss.
Closed
$230,500
23426 Farwell Ave, Warsaw, MN 55087
2beds
1,088sqft
Single Family Residence
Built in 1958
0.38 Acres Lot
$251,900 Zestimate®
$212/sqft
$1,637 Estimated rent
Home value
$251,900
$239,000 - $264,000
$1,637/mo
Zestimate® history
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$1,165/mo
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Post officeExpansive shopVerdant lot
Zillow last checked:
Listing updated:
Listed by:
Kris Lindahl 763-292-4455,
Kris Lindahl Real Estate,
Tracy Feran 952-270-8410
Bought with:
Kris Lindahl
Kris Lindahl Real Estate
Tracy Feran
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6438756
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 104.5 Square Feet
- Dimensions: 9.5x11
Bedroom 2
- Level: Main
- Area: 93.5 Square Feet
- Dimensions: 8.5x11
Deck
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12x16
Family room
- Level: Lower
- Area: 257.25 Square Feet
- Dimensions: 10.5x24.5
Flex room
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 8x11
Flex room
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Level: Main
- Area: 162 Square Feet
- Dimensions: 13.5x12
Laundry
- Level: Lower
- Area: 57.75 Square Feet
- Dimensions: 5.5x10.5
Living room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 12x16.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement, Laundry Room
Features
- Basement: Daylight,Finished,Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,088
- Total interior livable area: 1,088 sqft
- Finished area above ground: 551
- Finished area below ground: 537
Property
Parking
- Total spaces: 7
- Parking features: Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
- Garage spaces: 7
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.38 Acres
- Dimensions: 165 x 99
- Features: Tree Coverage - Medium
Details
- Additional structures: Other, Pole Building, Workshop
- Foundation area: 768
- Parcel number: 1418276053
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Brick
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: Circuit Breakers, Fuses, 100 Amp Service, 200+ Amp Service
- Gas: Natural Gas
- Sewer: Septic System Compliant - No
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Warsaw
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $211,500
- Annual tax amount: $1,256
- Date on market: 10/19/2023
- Cumulative days on market: 15 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2023 | Sold | $230,500-5.9%$212/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6438756 Report a problem | ||
| 11/3/2023 | Pending sale | $245,000$225/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6438756 Report a problem | ||
| 10/19/2023 | Listed for sale | $245,000$225/sqft |
Source:  RASM #7033610 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $412 +32.9% | $211,500 +5.3% |
| 2024 | $310 -75.3% | $200,900 +7.1% |
| 2023 | $1,256 +14.2% | $187,600 +6.8% |
| 2022 | $1,100 +10.2% | $175,600 +18% |
| 2021 | $998 +8.7% | $148,800 +8.6% |
| 2020 | $918 | $137,000 +5.4% |
| 2019 | $918 +31.1% | $130,000 +24.2% |
| 2018 | $700 +14.8% | $104,700 +12.8% |
| 2017 | $610 +12.5% | $92,800 +7.9% |
| 2016 | $542 | $86,000 +9% |
| 2015 | $542 +0.7% | $78,900 -2.2% |
| 2014 | $538 -6.3% | $80,700 |
| 2013 | $574 -23.5% | -- |
| 2012 | $750 | -- |
| 2011 | $750 +55% | -- |
| 2010 | $484 +1.7% | -- |
| 2009 | $476 -2.1% | -- |
| 2008 | $486 -20.3% | -- |
| 2007 | $610 +18.7% | -- |
| 2006 | $514 +65.8% | -- |
| 2004 | $310 -3.1% | -- |
| 2003 | $320 -13.5% | -- |
| 2002 | $370 -33.9% | -- |
| 2001 | $560 | -- |
Find assessor info on the county website
Neighborhood: 55087
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Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 6.2 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 6 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 6 mi
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Estimated market value
$251,900
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Estimated market value
$251,900
- Minnesota
- Rice County
- Warsaw
- 55087
- 23426 Farwell Ave
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