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Single Family ResidenceResidential
$324,083$193 / 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 Oct 21, 2026

40829 40TH ST

ELMORE, MN 56027
4
Beds
1
Baths
1,681 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.
118.99 ac
Lot SizeThe size of the land the home sits on, from county records.
1886
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$324K
$302K low$346K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,292 (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.$1,305,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,207,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$97,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,292,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,305,100

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.24 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
CountyFARIBAULT
Lot (acres)The size of the land the home sits on, from county records.118.99
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
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 · 280 ft²Shed · 2,600 ft²Porch · 110 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
Blue Earth Area Middle SchoolC-
Middle · Grades 6–7 · 6.8 mi
E
Blue Earth Area Elementary SchoolC
Elementary · Grades PK–5 · 6.8 mi
H
Blue Earth Area Secondary SchoolC
High · Grades 8–12 · 7.5 mi

District: Blue Earth Area Public Schools

Neighborhood · ZIP 56027These 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.137
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
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.86%
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.11%
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.973
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.16 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,889
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,996
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 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

40829 40th 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 more than 92% of homes in Elmore 56027
  • Costs more per square foot than 90% of homes in Faribault County
  • Bigger than 74% of homes in Elmore 56027
  • Has a bigger lot than 97% of homes in Elmore 56027
  • Older than 96% of homes in Faribault County

What homes are worth in Elmore 56027

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

This home
$16K$503K

This home is worth more than 92% of homes in Elmore 56027.

How it measures up in Elmore 56027

The dot is this home. The mark in the middle is the typical home in Elmore 56027.

Estimated value$324,083
CheaperTypical $50,009Pricier

Pricier than 92% of homes nearby

Price per ft²$193
CheaperTypical $48Pricier

Pricier than 89% of homes nearby

Living area1,681 ft²
SmallerTypical 1,316 ft²Bigger

Bigger than 74% of homes nearby

Lot size118.99 ac
SmallerTypical 0.33 acBigger

Bigger than 97% of homes nearby

Year built1886
OlderTypical 1940Newer

Newer than 7% of homes nearby

How 40829 40th St ranks against every home in each area.
MeasureThis homeElmore 56027Faribault County
Estimated valuepricier than$324,08392% of homes91% of homes
Price per ft²pricier than$19389% of homes90% of homes
Living areabigger than1,681 ft²74% of homes67% of homes
Lot sizebigger than118.99 ac97% of homes97% of homes
Year builtnewer than18867% of homes4% of homes

About 40829 40th St

How much is 40829 40th St, Elmore, MN worth?

The TopHap Estimate for 40829 40th St, Elmore, MN is $324,083 as of Oct 21, 2026. The likely range is $302,132 to $346,034. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40829 40th St, Elmore, MN last sell?

40829 40th St, Elmore, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 40829 40th St, Elmore, MN?

40829 40th St, Elmore, MN has 4 bedrooms, 1 bathrooms, 1,681 square feet of living space and a 118.99-acre lot.

When was 40829 40th St, Elmore, MN built?

40829 40th St, Elmore, MN was built in 1886, making it 140 years old. The building has 1 story.

What schools serve 40829 40th St, Elmore, MN?

40829 40th St, Elmore, MN is assigned to Blue Earth Area Middle School (middle), rated C-; Blue Earth Area Elementary School (elementary), rated C; Blue Earth Area Secondary School (high), rated C. All sit in Blue Earth Area Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40829 40th St, Elmore, MN compare to other homes in Elmore 56027?

Among the 544 homes in Elmore 56027, it is worth more than 92% of them ($324,083 against a typical $50,009), its price per square foot is higher than 89% of them ($193 against a typical $48), it is bigger than 74% of them (1,681 ft² against a typical 1,316 ft²), its lot is bigger than 97% of them (118.99 ac against a typical 0.33 ac) and it is newer than 7% of them (1886 against a typical 1940). Measured against all of Faribault County, it is worth more than 91% 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 40829 40th St, Elmore, MN?

The 2025 property tax bill for 40829 40th St, Elmore, MN was $4,292. The county assessed it at $1,305,100.

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