$561,800
- 3 Beds
- 2.5 Baths
- 2,280 sqft (on 0.55 acres)
48409 197th Ave, McGregor, MN 55760
Est. Refi. Payment $3,384/mo*
Refinance Your HomeCurrently Off Market - Sold May 23, 2025 for $549,900
Home Value
Trulia Estimate
$562KSince last month
Increased$2K (+0.3%)Since last year
Increased$6K (+1.1%)Since last sale
Increased$13K (+2.4%)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 +54% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $563K |
| August 2026 | $561K |
| July 2026 | $564K |
| June 2026 | $558K |
| May 2026 | $563K |
| April 2026 | $559K |
| March 2026 | $552K |
| February 2026 | $550K |
| January 2026 | $554K |
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 |
|---|---|---|---|---|---|---|---|
0.71 | Single-Family Home | $310,000 | 07/08/26 | 3 | 2 | 1,344 | |
1.06 | Single-Family Home | $479,000 | 10/03/25 | 3 | 2 | 1,976 | |
0.55 | Single-Family Home | $305,000 | 06/12/26 | 2 | 1 | 848 | |
0.97 | Single-Family Home | $430,000 | 06/26/26 | 2 | 1 | 1,562 | |
1.06 | Single-Family Home | $290,000 | 08/24/26 | 2 | 1 | 988 | |
1.67 | Single-Family Home | $625,000 | 09/03/26 | 3 | 1.5 | 1,828 | |
1.83 | Single-Family Home | $689,900 | 03/31/26 | 3 | 2 | 1,675 | |
1.12 | Single-Family Home | $215,000 | 11/04/25 | 2 | 1.5 | 1,204 | |
1.15 | Single-Family Home | $342,000 | 10/10/25 | 2 | 1 | 1,405 | |
1.04 | Single-Family Home | $375,000 | 07/31/26 | 1 | 1 | 807 |
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 |
|---|---|---|---|---|---|---|
0.01 | $666,800 | 4 | 3 | - | Off Market | |
0.11 | $359,900 | 3 | 3 | 1,804 | For Sale | |
0.16 | $297,400 | 2 | 1 | 832 | Off Market | |
0.23 | $16,000 | - | - | - | Recently Sold | |
0.24 | $40,000 | - | - | - | Recently Sold | |
0.22 | $596,300 | 2 | 3 | 2,104 | Off Market | |
0.28 | $429,500 | 3 | 2.5 | 2,520 | Off Market | |
0.30 | $509,900 | 2 | 2 | 832 | For Sale | |
0.30 | $585,500 | 3 | 1 | 1,422 | Off Market | |
0.33 | $269,700 | 2 | 1 | 860 | Off Market | |
0.37 | $247,000 | 2 | 2 | 896 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1987
0.55 acre lot
2,280 sqft
$246/sqft
Garage
About this House
**Offer Deadline-12pm on Sunday April 27, 2025** One step inside this clean and updated lake home and you won't want to leave. The main level beams with natural light! Who needs a TV when you have views of Lake Minnewawa from every room? The kitchen is well equipped with plenty of counterspace and cupboards. The large island is great for entertaining, and you will love the stainless-steel appliances and gas stove. The open floor plan with three large sliding glass doors leading out to the deck creates a harmonious blend of indoor and outdoor spaces. The main floor primary suite boasts the same amazing lake views and has a large bathroom and walk in closet. Come right in off the lake into the lower level where there are two nice sized bedrooms, a full bath and bonus room. The cozy family room centered around a fireplace is the perfect spot to hang out. Boat to several bars and restaurants and enjoy hours on the lake. Come home to your amazing firepit for smores and conversation. A detached garage and small storage shed round out this turnkey property.
48409 197th Ave, McGregor, MN 55760 is a 3 bedroom, 3 bathroom, 2,280 sqft single-family home built in 1987. It last sold for the $549,900 asking price on May 23, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $561,800, with a rent estimate of $2,206/month.
Last check for updates: about 20 hours ago
Listed by Kari Elizabeth Horbacz, (218) 851-7924
Statement Realty
Bought with: Betty E Christian, (218) 820-0170, Christian Realty North
Source: NorthstarMLS as distributed by MLS GRID, MLS#6705674

Home Details for 48409 197th Ave
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MLS Status: Closed |
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Interior Details Basement: Finished,Walk-Out AccessNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Dining Room, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2280 Square FeetFoundation Area: 960 |
Appliances & Utilities Appliances: Central Vacuum, Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: In Basement,Lower Level,Laundry Room,SinkRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family Room, GasHas a Fireplace |
Gas & Electric Electric: Power Company: Lake Country PowerGas: Propane |
Levels, Entrance, & Accessibility Levels: Multi/SplitAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, Porch, Rear PorchFencing: Chain Link, PartialOther Structures: Storage ShedNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (22x32)No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached Garage,Asphalt,Shared Driveway |
Pool Pool: None |
Frontage WaterfrontWaterfront: Lake Front, Waterfront Elevation(4-10), Lake Bottom(Hard, Sand)Road Frontage: TownshipResponsible for Road Maintenance: Public Maintained RoadOn Waterfront |
Water & Sewer Sewer: Holding Tank, Septic System Compliant - Yes |
Farm & Range Frontage Length: Water Frontage: 68 |
Finished Area Finished Area (above surface): 1140 Square FeetFinished Area (below surface): 960 Square Feet |
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Cumulative Days on Market: 23 |
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Year Built Year Built: 1987 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: BlockNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 291152100 |
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Price List Price: $549,900 |
Status Change & Dates Off Market Date: Mon May 12 2025 |
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Direction & Address City: McGregorCommunity: Sheshebe Point |
School Information High School District: McGregor |
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Building Area Building Area: 2280 Square Feet |
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No HOA |
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Lot Area: 0.55 acres |
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Contingencies: None |
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BasementMls Number: 6705674Above Grade Unfinished Area: 1140 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 23, 2025 Source: NorthstarMLS as distributed by MLS GRID #6705674 | Sold | $549,900 |
May 12, 2025 Source: NorthstarMLS as distributed by MLS GRID #6705674 | Pending | $549,900 |
Apr 20, 2025 Source: NorthstarMLS as distributed by MLS GRID #6705674 | Listed For Sale | $549,900 |
Apr 21, 2021 Source: NorthstarMLS as distributed by MLS GRID #5695662 | Sold | $430,000 |
Feb 25, 2021 Source: Agent Provided | Pending | $446,000 |
Dec 22, 2020 Source: Agent Provided | PriceChange | $446,000 Price increased by 5% |
Nov 19, 2020 Source: N/A | Listed For Sale | $425,000 |
Dec 15, 2017 Source: NorthstarMLS as distributed by MLS GRID #4748607 | Sold | $340,000 |
Nov 8, 2017 Source: Agent Provided | Pending | $360,000 |
May 24, 2017 Source: Agent Provided | PriceChange | $360,000 Price decreased by 4% |
Aug 8, 2016 Source: Agent Provided | Listed For Sale | $375,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,065 | $523,597 |
Home facts updated by county records
Market trends in McGregor
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
39
2MoM
Around this home
What Locals Say about McGregor
At least 1 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there are community events
100 % Say it's dog friendly
100 % Say parking is easy
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say there's wildlife
100 % Say kids play outside
83 % Say there's holiday spirit
67 % Say neighbors are friendly
67 % Say people would walk alone at night
50 % Say they plan to stay for at least 5 years
33 % Say there are sidewalks
25 % Say it's walkable to restaurants
17 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-21 15:58:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 48409 197th Ave
- What is 48409 197th Ave estimated to be worth?Trulia's estimated value for 48409 197th Ave in McGregor, MN is $561,800.
- What is the price history for 48409 197th Ave?48409 197th Ave in McGregor, MN last sold for $549,900 in May 2025.
- Is McGregor a buyer's or seller's market?McGregor is currently a seller's market, based on recent for-sale activity.
- What are the closest schools to 48409 197th Ave?The closest schools to 48409 197th Ave in McGregor, MN are Mcgregor Elementary School (Pre-K, rated 7/10), Mcgregor Secondary (Middle/High, rated 6/10).
- Does 48409 197th Ave have air conditioning?Yes, 48409 197th Ave in McGregor, MN has air conditioning.
- Does 48409 197th Ave have laundry facilities?Yes, 48409 197th Ave in McGregor, MN has in-unit laundry.