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  • $485,000

    40135 321st Ln, Aitkin, MN 56431

    3beds
    1,728sqft
    Single Family Residence
    Built in 1900
    2.41 Acres Lot
    $490,000 Zestimate®
    $281/sqft
    $1,669 Estimated rent

    Home value

    $490,000

    Estimated sales range

    Not available

    $1,669/mo

    Zestimate® history
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    What's special

    Welcome to this idyllic, authentic and charming original 1900 homestead, very unique and special legacy property on Hanging Kettle lake! Originally a farmhouse, this hand planed log interior 2 story, 3 bedroom, 2 bath features 1728 FSF and breathtaking charm and unknown history on 2.4 acres! Original hardwoods in FR, added lakeside metal roof porch and frontside metal roof porch and deck. Original Barn and a well house located near newly built Sherman pole garage for all the toys. Central air added. 4th BDRM off kitchen is non-conforming. Being sold "AS IS". 100' shoreline. Hanging Kettle lake is on the Ripple River system and connects to Diamond lake, then Ripple and Elm Island lakes. Great fishing lake! Beautiful pond views in front. Sellers have loved and cherished this special property. Tons of parking and space for family gatherings, reunions & more! 5 Minutes from town, Block North Brew Pub, shopping, hospital, etc. and 20 min to Crosby, 35 min to Brainerd lakes area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly J. Quinehan 612-991-7513,

    Keller Williams Classic Realty

    Bought with:

    Phillip Stanley

    RE/MAX Northland

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715288MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Bedroom 2
    • Level: Upper
    • Area: 336 Square Feet
    • Dimensions: 24x14
    Bedroom 3
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 4
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Kitchen
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Living room
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 22x12
    Utility room
    • Level: Upper
    • Area: 36 Square Feet
    • Dimensions: 3x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Cooler
    • Laundry: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
    Features
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,728
    • Total interior livable area: 1,728 sqft
    • Finished area above ground: 1,728
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Gravel
    • Garage spaces: 2
    • Details: Garage Dimensions (24x30)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
    • Has view: Yes
    • View description: West
    • Waterfront features: Dock, Lake Front, Waterfront Elevation(26-40), Lake Bottom(Sand, Soft)
    • Frontage length: Water Frontage: 100
    Lot
    • Size: 2.41 Acres
    • Dimensions: 286 x 332 x 70 x 161
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Additional structures: Garage(s), Barn(s), Boat House, Chicken Coop/Barn, Other, Pole Building, Root Cellar, Storage Shed
    • Foundation area: 864
    • Parcel number: 071131702
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age Over 8 Years,Asphalt,Metal,Pitched
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Mille Lacs Energy Co-op
    • Gas: Propane
    • Sewer: Private Sewer, Septic System Compliant - Yes
    • Water: Well

    Community & neighborhood

    Location
    • Region: Aitkin
    • Subdivision: Nestruds Sunset Acres

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    7/28/2025Sold$485,000+4.3%$281/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    7/8/2025Pending sale$465,000$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    7/3/2025Listing removed$465,000$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    6/23/2025Price change$465,000-1.1%$269/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    5/27/2025Price change$470,000-2.1%$272/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    5/8/2025Listed for sale$480,000+153.3%$278/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715288 Report a problem
    6/30/2016Sold$189,500-5.2%$110/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4700902 Report a problem
    4/12/2016Price change$199,900-9.1%$116/sqft
    Source: Mille Lacs Realty-Garrison #4700902 Report a problem
    11/20/2015Listed for sale$219,900-2.3%$127/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4465690 Report a problem
    4/9/2009Sold$225,000$130/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1379557 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,232 +13.1%$429,314 +6.9%
    2024$1,974 +17.4%$401,775 +9.6%
    2023$1,682 -5.7%$366,614 +25.1%
    2022$1,784 +10.1%$292,970 +23%
    2021$1,620 +1.8%$238,216 +8.1%
    2020$1,592 +0.5%$220,400 +6.4%
    2019$1,584 +7.6%$207,200 +4.5%
    2018$1,472 +3.4%$198,300 +6.9%
    2017$1,424 -5.1%$185,500
    2016$1,500 +3%$185,500 -2.2%
    2014$1,456 +10466%$189,600 -5.1%
    2012$14 $199,700
    2011-- $199,700 +17.4%
    2009$1,066 $170,100

    Find assessor info on the county website

    Neighborhood: 56431

    Nearby schools

    GreatSchools rating
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