7 days on Rocket
$5,936 Closing Credit¹
#6705473, Listing Office: Aspen Realty
$549,900 List price
48409 197th Ave Mcgregor, MN 55760
$6,530
Closing credit¹
3 beds
1 full, 1 partial
2,100 sqft
$262 / sqft
House
Property details
About 48409 197th Ave
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Fireplace(s)
StatusActive
CoolingCentral Air
Size2,100 sqft
BasementYes
Year built1987
ParkingDetached, Asphalt, Shared Driveway
MLS #6705674
Garage2 spaces
WaterfrontLake Front
FireplaceFamily Room, Gas
Summary
- MLS Number: 6705674
- MLS Name: NORTHSTAR
- Office Name: Statement Realty
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$549,900
48409 197th Ave
$6,530
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $504,800 | $2,769 |
| 2023 | $458,500 | $2,763 |
| 2022 | $415,100 | $2,237 |
| 2021 | $291,300 | $1,955 |
| 2020 | $253,100 | $1,999 |
| 2019 | $252,200 | $1,931 |
| 2018 | $237,700 | $2,269 |
| 2017 | $237,700 | $2,237 |
History based on county public records data.
Nearby schools
6
McGregor Elementary School
Public District PK-6
7.4 mi
•148 S 2nd St
8
Cromwell-Wright Elementary School
Public District PK-6
18.1 mi
•5624 Highway 210
7
Floodwood Elementary School
Public District PK-6
22.5 mi
•115 4th Ave W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,203. Most Mcgregor, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
51%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
46%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
43%
35-64 yrs old
32%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
GMC
Ram
What do the neighbors listen to?
Classic Country
Oldies
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
1 hour on Rocket
$5,047 Closing Credit¹
#6709047, Listing Office: Central MN Realty LLC
Frequently asked questions
About 48409 197th Ave
This home is located at 48409 197th Ave in Mcgregor, MN and zip code 55760. This 2,100 square foot home was built in 1987. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 20, 2025 and is currently priced at $549,900.
In March 2025 more than 1 listings in Mcgregor, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Mcgregor, MN increased by 87.5% between February and March 2025. While the average time on the market in March 2025 was 15 days, the median list price was $313,500.
From Rocket Homes Real Estate and based on county public records data.