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Single Family ResidentialResidential
$265,149
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

12832 TERRACE LN

LITTLE FALLS, MN 56345
0
Baths
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$265K
$229K low$301K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$114 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$14,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$14,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$14,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMORRISON
Lot (acres)The size of the land the home sits on, from county records.0.26
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolA-
Elementary · Grades PK–2 · 1.9 mi
H
Little Falls Senior High SchoolB-
High · Grades 9–12 · 2.5 mi
M
Community Middle SchoolC-
Middle · Grades 6–8 · 2.7 mi

District: Little Falls Public School District

Neighborhood · ZIP 56345These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.14,699
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.62 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$59,507
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,831
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.27 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

12832 Terrace Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 70% of homes in Little Falls 56345
  • Has a smaller lot than 82% of homes in Morrison County

What homes are worth in Little Falls 56345

Each bar is how many homes fall in that price range. The marker is this home.

This home
$72K$543K

This home is worth more than 70% of homes in Little Falls 56345.

How it measures up in Little Falls 56345

The dot is this home. The mark in the middle is the typical home in Little Falls 56345.

Estimated value$265,149
CheaperTypical $206,561Pricier

Pricier than 70% of homes nearby

Lot size0.26 ac
SmallerTypical 0.56 acBigger

Bigger than 21% of homes nearby

How 12832 Terrace Ln ranks against every home in each area.
MeasureThis homeLittle Falls 56345Morrison County
Estimated valuepricier than$265,14970% of homes61% of homes
Lot sizebigger than0.26 ac21% of homes18% of homes

About 12832 Terrace Ln

How much is 12832 Terrace Ln, Little Falls, MN worth?

The TopHap Estimate for 12832 Terrace Ln, Little Falls, MN is $265,149 as of Aug 30, 2026. The likely range is $229,017 to $301,281. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12832 Terrace Ln, Little Falls, MN last sell?

12832 Terrace Ln, Little Falls, MN last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 12832 Terrace Ln, Little Falls, MN?

12832 Terrace Ln, Little Falls, MN is assigned to Lincoln Elementary School (elementary), rated A-; Little Falls Senior High School (high), rated B-; Community Middle School (middle), rated C-. All sit in Little Falls Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12832 Terrace Ln, Little Falls, MN compare to other homes in Little Falls 56345?

Among the 6,385 homes in Little Falls 56345, it is worth more than 70% of them ($265,149 against a typical $206,561) and its lot is bigger than 21% of them (0.26 ac against a typical 0.56 ac). Measured against all of Morrison County, it is worth more than 61% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12832 Terrace Ln, Little Falls, MN?

The 2026 property tax bill for 12832 Terrace Ln, Little Falls, MN was $114. The county assessed it at $14,000.

More homes on Terrace Ln

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Assigned schools

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