116 Hedman Ln, Monticello, MN 55362
OFF MARKET

$312,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,008 sqft

116 Hedman Ln, Monticello, MN 55362

Est. Refi. Payment $1,969/mo*
Refinance Your Home
Currently Off Market - Sold Aug 10, 2006 for $192,600

Home Value

Trulia Estimate
$313K
Since last month
Decreased$2K (-0.5%)
Since last year
Increased$3K (+1%)
Since last sale
Increased$120K (+62.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +92% in the last 10 years
MonthEstimated value
2026
August 2026$312K
August 2026$312K
July 2026$314K
June 2026$311K
May 2026$312K
April 2026$309K
March 2026$299K
February 2026$305K
January 2026$298K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
116 Marvin Elwood Rd, Monticello, MN
0.11
Single-Family Home
$308,000
11/24/25
3
2
1,577
126 Marvin Elwood Rd, Monticello, MN
0.13
Single-Family Home
$289,000
12/29/25
4
2
864
108 Marvin Elwood Rd, Monticello, MN
0.14
Single-Family Home
$319,900
06/10/26
3
2
1,596
144 Hedman Ln, Monticello, MN
0.12
Single-Family Home
$320,000
06/09/26
4
2
1,734
211 Crocus Ln, Monticello, MN
0.32
Single-Family Home
$325,000
10/20/25
3
2
1,664
117 Crocus Ln, Monticello, MN
0.27
Single-Family Home
$279,000
03/27/26
3
1
1,248
108 Crocus Ln, Monticello, MN
0.32
Single-Family Home
$303,000
08/03/26
4
2
1,728
231 Crocus Ln, Monticello, MN
0.37
Single-Family Home
$285,501
06/26/26
3
1
960
221 Jerry Liefert Dr, Monticello, MN
0.23
Single-Family Home
$267,000
03/17/26
4
2.5
1,944
226 Crocus Ln, Monticello, MN
0.34
Single-Family Home
$280,000
10/22/25
3
1
1,880

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
106 Hedman Ln, Monticello, MN 55362
0.05
$314,700
4
2
1,616
Off Market
114 Balboul Cir, Monticello, MN 55362
0.10
$308,400
4
2
1,760
Off Market
144 Hedman Ln, Monticello, MN 55362
0.12
$320,000
4
2
1,734
Recently Sold
118 Balboul Cir, Monticello, MN 55362
0.13
$321,000
5
2
1,536
Off Market
109 Marvin Elwood Rd, Monticello, MN 55362
0.11
$300,700
4
2
1,596
Off Market
116 Marvin Elwood Rd, Monticello, MN 55362
0.11
$308,000
3
2
1,577
Recently Sold
11458 Nicholas Cir, Monticello, MN 55362
0.20
$255,000
2
1
2,376
Recently Sold
100 Marvin Elwood Rd, Monticello, MN 55362
0.18
$349,900
4
2
2,172
For Sale
11484 Nicholas Cir, Monticello, MN 55362
0.21
$299,900
4
2
2,302
Off Market
11445 Nicholas Cir, Monticello, MN 55362
0.22
$270,000
3
2
2,270
Recently Sold
222 Jerry Liefert Dr, Monticello, MN 55362
0.19
$345,600
4
2
1,824
Off Market
215 Prairie Rd, Monticello, MN 55362
0.21
$334,100
4
2
1,776
Off Market

Local Information

  • Map ViewExplore the area around 116 Hedman Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979
1,008 sqft
$310/sqft

About this House

This single-family home is located at 116 Hedman Ln, Monticello, MN. 116 Hedman Ln is in Monticello, MN and in ZIP code 55362. This property has 3 bedrooms, 2 bathrooms and approximately 1,008 sqft of floor space. This property was built in 1979.
116 Hedman Ln, Monticello, MN 55362 is a 3 bedroom, 2 bathroom, 1,008 sqft single-family home built in 1979. It last sold for $192,600 on Aug 10, 2006. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $312,700, with a rent estimate of $1,826/month.

Home Details for 116 Hedman Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: MetalFoundation Type: Concrete Block

Price and Tax history

DateEventPrice
Aug 10, 2006
Source: N/A
Sold
$192,600

Market trends in Monticello

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Monticello

At least 41 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 85 % Say kids play outside

  • 85 % Say car is needed

  • 82 % Say parking is easy

  • 78 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 66 % Say there's holiday spirit

  • 65 % Say there are sidewalks

  • 63 % Say streets are well-lit

  • 51 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 50 % Say it's walkable to grocery stores

  • 41 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Sarah Peterson
    "Monticello is a great place to live and raise a family, I’ve been here since I was 13 (22 years ago) so I’ve seen it all 🤣 Happy house hunting and good luck to you!!"
    0
    Flag
  • Danielle Smith
    "This neighborhood is amazing! Has all the essentials, privacy but also lots of beauty. Highly recommend"
    0
    Flag
  • Clatvaaho
    "Monticello has many places to let your dog swim and play. Monticello also has many very nice walking trails. "
    1
    Flag
  • Brent N.
    "It's boring and very quiet, which is nice, neighbors are very nice. Nice describes the block. Not bad."
    1
    Flag
  • Andrea C.
    "I live in the area and would never move anywhere else again. The area is not only family friendly but all age friendly as well."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 116 Hedman Ln

  • What is 116 Hedman Ln estimated to be worth?
    Trulia's estimated value for 116 Hedman Ln in Monticello, MN is $312,700.
  • What is the price history for 116 Hedman Ln?
    116 Hedman Ln in Monticello, MN last sold for $192,600 in August 2006.
  • Is Monticello a buyer's or seller's market?
    Monticello is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Monticello?
    Residents describe Monticello, MN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Monticello, MN.
  • Does 116 Hedman Ln have air conditioning?
    Yes, 116 Hedman Ln in Monticello, MN has air conditioning.

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 116 Hedman Ln

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Homes for sale near 116 Hedman Ln

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