40407 502nd Ln, Palisade, MN 56469
Property image
Property image
OFF MARKET

40407 502nd Ln
Palisade, MN 56469

  • 2 Beds
  • 1 Bath
  • 1,000 sqft

$353,100

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,865/mo*
Refinance Your Home

$353,100

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,865/mo*
Refinance Your Home
2 Beds
1 Bath
1,000 sqft

Local Information

  • Map ViewExplore the area around 40407 502nd Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1967
Living Area
1,000 sqft
Price/Sqft
$353
Parking
Garage

About this House

2BR notty pine cabin interior, large deck, lots of windows for great lake views. New windows and siding. Just south of hundreds of acres of state land for hunting. Enjoy great sandy shore line. bunkhouse which will sleep 8. Main cabin furnished.
40407 502nd Ln, Palisade, MN 56469 is a 2 bedroom, 1 bathroom, 1,000 sqft single-family home built in 1967. It last sold for $175,000 on Aug 9, 2013. It is currently off market. The Trulia Estimate is $353,100, with a rent estimate of $1,131/month.

Home Details for 40407 502nd Ln

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room, Family RoomCeiling Fan
Heating & Cooling
Heating: Stove, OtherAir ConditioningCooling System: WallHeating Fuel: Stove
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
MicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, MetalFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1440

Price History for 40407 502nd Ln

DatePriceEventSource
08/09/2013$175,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #2019836
12/19/2012$220,000ListingRemovedAgent Provided
08/22/2012$220,000Listed For SaleAgent Provided

Market trends in Palisade

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
11
1MoM
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Property Tax and Assessment

Year2025
Tax$1,146
Assessment$255,229
Home facts updated by county records

Comparable Sales for 40407 502nd Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
49360 405th Pl, Palisade, MN
0.80
Single-Family Home
$180,000
05/21/26
2
1
1,000
49314 405th Pl, Palisade, MN
0.85
Single-Family Home
$315,000
04/30/26
3
2
2,208
48894 386th Pl, Palisade, MN
2.34
Single-Family Home
$455,000
05/21/26
4
2
1,633
38557 486th Ln, Palisade, MN
2.51
Single-Family Home
$335,000
05/12/26
3
2
1,714
42491 432nd Ln, Aitkin, MN
7.07
Single-Family Home
$190,000
10/17/25
3
1
1,290
35851 442nd Ln, Aitkin, MN
7.74
Single-Family Home
$400,000
05/26/26
2
2
1,738

Nearby homes

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Assigned Schools

These are the assigned schools for 40407 502nd Ln.

What Locals Say about Palisade

At least 1 Trulia users voted on each feature.

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's quiet

  • 50 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 50 % Say people would walk alone at night

  • 33 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 40407 502nd Ln

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Off Market Homes Near 40407 502nd Ln

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Frequently asked questions about 40407 502nd Ln

  • What is 40407 502nd Ln estimated to be worth?
    Trulia's estimated value for 40407 502nd Ln in Palisade, MN is $353,100.
  • What is the price history for 40407 502nd Ln?
    40407 502nd Ln in Palisade, MN last sold for $175,000 in August 2013.
  • Is Palisade a buyer's or seller's market?
    Palisade is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 40407 502nd Ln?
    The closest schools to 40407 502nd Ln in Palisade, MN are Aitkin Secondary School (Middle/High, rated 7/10), Rippleside Elementary School (Pre-K, rated 8/10).
  • Does 40407 502nd Ln have air conditioning?
    Yes, 40407 502nd Ln in Palisade, MN has air conditioning.
  • How big is the lot at 40407 502nd Ln?
    The lot at 40407 502nd Ln in Palisade, MN is about 1 acre.