42335 541st Ave, New Ulm, MN 56073
What's special
Extensively renovated in 2024 by licensed local professionals, this 20-acre hobby farm offers a beautifully updated home with the space and infrastructure to enjoy country living. The property features tillable acreage, a horse barn with stable and tack room, chicken coop, shop, arena with power and fresh sand, pastures, natural pond, and large fenced areas and runs for horses, sheep, goats, and more.Inside, the renovation thoughtfully updated both levels of the home. The main level was opened up for improved flow and sightlines, with new electrical wiring and spray-foam insulation, refinished hardwood floors, marble tile, new doors, trim, lighting, and updated finishes throughout. The kitchen features new cabinets and appliances plus a pantry for added storage. A new primary suite offers a walk-in closet and private tiled bath, while the laundry was relocated to the main level. The common bath was updated with a new tub, vanity, and distinctive tile flooring. Upper-level windows and exterior doors were also replaced.The lower level features new electrical and spray-foam insulation, new carpet and luxury vinyl plank flooring, an updated bathroom vanity, new doors and trim, and an updated fireplace with built-in storage. The front deck has also been replaced. The home was moved onto its poured concrete basement foundation in 2006 and has updated HVAC, plumbing, septic, and ductwork. Enjoy the flexibility of 20 acres with convenient access to both New Ulm and Mankato.
- 11 days
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Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Alaina White 651-269-4323,
RE/MAX Advantage Plus
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 221 Square Feet
- Dimensions: 13x17
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 4
- Level: Lower
- Area: 239.25 Square Feet
- Dimensions: 16.5x14.5
Deck
- Level: Main
- Area: 333.25 Square Feet
- Dimensions: 21.5x15.5
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Kitchen
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11x16
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 14x16.5
Office
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Recreation room
- Level: Lower
- Area: 513 Square Feet
- Dimensions: 19x27
Storage
- Level: Lower
- Area: 123.5 Square Feet
- Dimensions: 13x9.5
Utility room
- Level: Lower
- Area: 128 Square Feet
- Dimensions: 16x8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
- Laundry: Gas Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
Features
- Basement: Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,830
- Total interior livable area: 2,680 sqft
- Finished area above ground: 1,580
- Finished area below ground: 1,100
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (40x40), Garage Door Height (9), Garage Door Width (8)
Accessibility
- Accessibility features: Doors 36"+, Hallways 42"+
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Kennel/Dog Run
- Fencing: Electric,Wire
Lot
- Size: 20 Acres
- Dimensions: 1322
- Features: Suitable for Horses, Tillable, Tree Coverage - Medium
Details
- Additional structures: Garage(s), Boat House, Chicken Coop/Barn, Arena, Pole Building
- Foundation area: 1500
- Parcel number: 030170405
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: 150 Amp Service
- Gas: Propane
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Ulm
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $437,200
- Annual tax amount: $1,830
- Date on market: 10/8/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $774,900+63.1%$289/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7135154 Report a problem | ||
| 2/27/2024 | Sold | $475,000-7.8%$177/sqft |
Source:  RASM #7033496 Report a problem | ||
| 1/23/2024 | Pending sale | $515,000$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6444601 Report a problem | ||
| 1/4/2024 | Contingent | $515,000$192/sqft |
Source: RASM #7033496 Report a problem | ||
| 10/19/2023 | Price change | $515,000-2.3%$192/sqft |
Source: RASM #7033496 Report a problem | ||
| 10/8/2023 | Listed for sale | $527,000$197/sqft |
Source: RASM #7033496 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,698 +3.7% | $437,200 -1.5% |
| 2024 | $1,638 +3.3% | $443,800 +11.8% |
| 2023 | $1,586 -0.4% | $396,800 +14.2% |
| 2022 | $1,592 +21.3% | $347,400 +16.2% |
| 2021 | $1,312 +0.9% | $299,000 +6% |
| 2020 | $1,300 | $282,200 +1.7% |
| 2019 | $1,300 | $277,500 |
| 2018 | -- | $277,500 +6.1% |
| 2017 | -- | $261,500 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Monthly payment
Estimated market value
$555,800
$517,000 - $600,000
$2,464/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.