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Single Family ResidenceResidential
$455,882$407 / ft²
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 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

40024 BASSWOOD LN

PELICAN RAPIDS, MN 56572
1
Baths
1,120 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.43 ac
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$456K
$378K low$534K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$455,882
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$364,706

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,292 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$365,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$176,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$189,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$361,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$365,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.50
97
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
32
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
48
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
43
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
31
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.172 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOTTER TAIL
Lot (acres)The size of the land the home sits on, from county records.0.43
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
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
Viking Elementary SchoolB-
Elementary · Grades PK–6 · 4.1 mi
M
Pelican Rapids Secondary SchoolB-
Middle · Grades 7–12 · 4.3 mi

District: Pelican Rapids Public School District

Neighborhood · ZIP 56572These 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.130
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.17

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.59%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.5,862
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.29 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,588
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,128
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.24 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

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

40024 Basswood 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 80% of homes in Otter Tail County
  • Costs more per square foot than 72% of homes in Otter Tail County
  • Has a smaller lot than 65% of homes in Otter Tail County
  • Newer than 81% of homes in Otter Tail County

What homes are worth in Pelican Rapids 56572

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

This home
$73K$1.2M

This home is worth more than 63% of homes in Pelican Rapids 56572.

How it measures up in Pelican Rapids 56572

The dot is this home. The mark in the middle is the typical home in Pelican Rapids 56572.

Estimated value$455,882
CheaperTypical $374,597Pricier

Pricier than 63% of homes nearby

Price per ft²$407
CheaperTypical $408Pricier

Pricier than 50% of homes nearby

Living area1,120 ft²
SmallerTypical 1,008 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.43 ac
SmallerTypical 0.59 acBigger

Bigger than 42% of homes nearby

Year built2006
OlderTypical 1980Newer

Newer than 78% of homes nearby

How 40024 Basswood Ln ranks against every home in each area.
MeasureThis homePelican Rapids 56572Otter Tail County
Estimated valuepricier than$455,88263% of homes80% of homes
Price per ft²pricier than$40750% of homes72% of homes
Living areabigger than1,120 ft²60% of homes60% of homes
Lot sizebigger than0.43 ac42% of homes35% of homes
Year builtnewer than200678% of homes81% of homes

About 40024 Basswood Ln

How much is 40024 Basswood Ln, Pelican Rapids, MN worth?

The TopHap Estimate for 40024 Basswood Ln, Pelican Rapids, MN is $455,882 as of Jul 14, 2026. The likely range is $378,181 to $533,583. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40024 Basswood Ln, Pelican Rapids, MN last sell?

40024 Basswood Ln, Pelican Rapids, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 40024 Basswood Ln, Pelican Rapids, MN?

40024 Basswood Ln, Pelican Rapids, MN has 1 bathrooms, 1,120 square feet of living space and a 0.43-acre lot.

When was 40024 Basswood Ln, Pelican Rapids, MN built?

40024 Basswood Ln, Pelican Rapids, MN was built in 2006, making it 20 years old. The building has 1 story.

What schools serve 40024 Basswood Ln, Pelican Rapids, MN?

40024 Basswood Ln, Pelican Rapids, MN is assigned to Viking Elementary School (elementary), rated B-; Pelican Rapids Secondary School (middle), rated B-. All sit in Pelican Rapids Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40024 Basswood Ln, Pelican Rapids, MN compare to other homes in Pelican Rapids 56572?

Among the 5,533 homes in Pelican Rapids 56572, it is worth more than 63% of them ($455,882 against a typical $374,597), its price per square foot is higher than 50% of them ($407 against a typical $408), it is bigger than 60% of them (1,120 ft² against a typical 1,008 ft²), its lot is bigger than 42% of them (0.43 ac against a typical 0.59 ac) and it is newer than 78% of them (2006 against a typical 1980). Measured against all of Otter Tail County, it is worth more than 80% 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 40024 Basswood Ln, Pelican Rapids, MN?

The 2025 property tax bill for 40024 Basswood Ln, Pelican Rapids, MN was $2,292. The county assessed it at $365,900.

Closest homes

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Assigned schools

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