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Single Family ResidenceResidential
$51,566$44 / 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 81How 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 $8,500 on Dec 21, 2015

408 2ND ST

WELCOME, MN 56181
2
Beds
1
Baths
1,169 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.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$52K
$42K low$61K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$8,500 · Dec 21, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,368 (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.$55,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$44,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$58,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$55,200

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.36
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
64
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
53
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
9
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.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

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
CountyMARTIN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1902
Lot (acres)The size of the land the home sits on, from county records.0.24
ConstructionThe main material the home's frame and walls are built from.Steel Frame
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.None
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.Shed · 120 ft²

Transaction History(3)

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.

E
Sherburn Elementary School
Elementary · Grades KG–2 · 5.3 mi
M
Martin County West Junior High SchoolC
Middle · Grades 7–8 · 5.5 mi
H
Martin County West Senior High SchoolC-
High · Grades 9–12 · 5.5 mi

District: Martin County West School District

Neighborhood · ZIP 56181These 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.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.10

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.1,117
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,266
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,763
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.58%

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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

408 2nd St 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 less than 92% of homes in Welcome 56181
  • Costs less per square foot than 95% of homes in Welcome 56181
  • Smaller than 73% of homes in Martin County
  • Has a smaller lot than 80% of homes in Welcome 56181
  • Older than 93% of homes in Martin County

What homes are worth in Welcome 56181

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

This home
$35K$627K

This home is worth more than 8% of homes in Welcome 56181.

How it measures up in Welcome 56181

The dot is this home. The mark in the middle is the typical home in Welcome 56181.

Estimated value$51,566
CheaperTypical $138,674Pricier

Pricier than 8% of homes nearby

Price per ft²$44
CheaperTypical $107Pricier

Pricier than 5% of homes nearby

Living area1,169 ft²
SmallerTypical 1,464 ft²Bigger

Bigger than 29% of homes nearby

Lot size0.24 ac
SmallerTypical 0.49 acBigger

Bigger than 20% of homes nearby

Year built1900
OlderTypical 1953Newer

Newer than 9% of homes nearby

How 408 2nd St ranks against every home in each area.
MeasureThis homeWelcome 56181Martin County
Estimated valuepricier than$51,5668% of homes9% of homes
Price per ft²pricier than$445% of homes7% of homes
Living areabigger than1,169 ft²29% of homes27% of homes
Lot sizebigger than0.24 ac20% of homes38% of homes
Year builtnewer than19009% of homes7% of homes

About 408 2nd St

How much is 408 2nd St, Welcome, MN worth?

The TopHap Estimate for 408 2nd St, Welcome, MN is $51,566 as of Sep 24, 2026. The likely range is $41,941 to $61,191. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 408 2nd St, Welcome, MN last sell?

408 2nd St, Welcome, MN last sold on Dec 21, 2015 for $8,500, according to the county's recorded deed.

How big is 408 2nd St, Welcome, MN?

408 2nd St, Welcome, MN has 2 bedrooms, 1 bathrooms, 1,169 square feet of living space and a 0.24-acre lot.

When was 408 2nd St, Welcome, MN built?

408 2nd St, Welcome, MN was built in 1900, making it 126 years old. It is a conventional home. The building has 1 story.

What schools serve 408 2nd St, Welcome, MN?

408 2nd St, Welcome, MN is assigned to Sherburn Elementary School (elementary); Martin County West Junior High School (middle), rated C; Martin County West Senior High School (high), rated C-. All sit in Martin County West School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 408 2nd St, Welcome, MN compare to other homes in Welcome 56181?

Among the 586 homes in Welcome 56181, it is worth more than 8% of them ($51,566 against a typical $138,674), its price per square foot is higher than 5% of them ($44 against a typical $107), it is bigger than 29% of them (1,169 ft² against a typical 1,464 ft²), its lot is bigger than 20% of them (0.24 ac against a typical 0.49 ac) and it is newer than 9% of them (1900 against a typical 1953). Measured against all of Martin County, it is worth more than 9% 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 408 2nd St, Welcome, MN?

The 2025 property tax bill for 408 2nd St, Welcome, MN was $1,368. The county assessed it at $55,200.

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Assigned schools

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