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Single Family ResidenceResidential
$308,336$207 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $128,000 on Oct 12, 2010

40348 501ST AVE

NICOLLET, MN 56074
3
Beds
2
Baths
1,487 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.
20 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$308K
$287K low$329K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$128,000 · Oct 12, 2010

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,494 (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.$519,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$228,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$291,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$516,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$519,800

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

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
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyNICOLLET
Lot (acres)The size of the land the home sits on, from county records.20.00
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.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 120 ft²Patio · 40 ft²Porch · 192 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
Nicollet High SchoolC+
Middle · Grades 7–12 · 7.1 mi
E
Nicollet Elementary SchoolA-
Elementary · Grades PK–6 · 7.1 mi

District: Nicollet Public School District

Neighborhood · ZIP 56074These 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.102
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.97%
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.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.2,191
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.26 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,823
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$104,671
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.30 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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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

40348 501st Ave 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.

  • Costs more per square foot than 74% of homes in Nicollet 56074
  • Has a bigger lot than 95% of homes in Nicollet County

What homes are worth in Nicollet 56074

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

This home
$127K$521K

This home is worth more than 63% of homes in Nicollet 56074.

How it measures up in Nicollet 56074

The dot is this home. The mark in the middle is the typical home in Nicollet 56074.

Estimated value$308,336
CheaperTypical $270,633Pricier

Pricier than 63% of homes nearby

Price per ft²$207
CheaperTypical $175Pricier

Pricier than 74% of homes nearby

Living area1,487 ft²
SmallerTypical 1,540 ft²Bigger

Bigger than 45% of homes nearby

Lot size20 ac
SmallerTypical 0.65 acBigger

Bigger than 87% of homes nearby

Year built1963
OlderTypical 1974Newer

Newer than 41% of homes nearby

How 40348 501st Ave ranks against every home in each area.
MeasureThis homeNicollet 56074Nicollet County
Estimated valuepricier than$308,33663% of homes55% of homes
Price per ft²pricier than$20774% of homes54% of homes
Living areabigger than1,487 ft²45% of homes50% of homes
Lot sizebigger than20 ac87% of homes95% of homes
Year builtnewer than196341% of homes36% of homes

About 40348 501st Ave

How much is 40348 501st Ave, Nicollet, MN worth?

The TopHap Estimate for 40348 501st Ave, Nicollet, MN is $308,336 as of Sep 24, 2026. The likely range is $287,416 to $329,256. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40348 501st Ave, Nicollet, MN last sell?

40348 501st Ave, Nicollet, MN last sold on Oct 12, 2010 for $128,000, according to the county's recorded deed.

How big is 40348 501st Ave, Nicollet, MN?

40348 501st Ave, Nicollet, MN has 3 bedrooms, 2 bathrooms, 1,487 square feet of living space and a 20.00-acre lot.

When was 40348 501st Ave, Nicollet, MN built?

40348 501st Ave, Nicollet, MN was built in 1963, making it 63 years old. It is a conventional home. The building has 1 story.

What schools serve 40348 501st Ave, Nicollet, MN?

40348 501st Ave, Nicollet, MN is assigned to Nicollet High School (middle), rated C+; Nicollet Elementary School (elementary), rated A-. All sit in Nicollet Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40348 501st Ave, Nicollet, MN compare to other homes in Nicollet 56074?

Among the 805 homes in Nicollet 56074, it is worth more than 63% of them ($308,336 against a typical $270,633), its price per square foot is higher than 74% of them ($207 against a typical $175), it is bigger than 45% of them (1,487 ft² against a typical 1,540 ft²), its lot is bigger than 87% of them (20 ac against a typical 0.65 ac) and it is newer than 41% of them (1963 against a typical 1974). Measured against all of Nicollet County, it is worth more than 55% 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 40348 501st Ave, Nicollet, MN?

The 2026 property tax bill for 40348 501st Ave, Nicollet, MN was $2,494. The county assessed it at $519,800.

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