#6716694, Listing office: National Realty Guild
$120,000 List price
56460 198th St Park Rapids, MN 56470
Land
Property details
About 56460 198th St
100' lake shore lot on Shipman Lake SW of Park Rapids. This remote lot is located off a private road and offers a bunkhouse heated with electric baseboard only. Camp site and outhouse on property by bunkhouse. Terrain to lake is hilly but flattens by water. Lake shore has been assessable in the past but currently grasses have grown tall around the pontoon. Fiber Optic runs down the road. No water or sewer on the lot. Owners along 198th St. share costs for road Maintenace, including snow removal. Shipman Lake is about 2.25 miles long, covers 60 acres and is 55 feet deep. Shipman also has a great variety of fish which include black bullhead, black crappie, bluegill, brown bullhead, hybrid sunfish, largemouth bass, northern pike, pumpkinseed, yellow bullhead, yellow perch, bowfin (dogfish).
Highlights
Home typeOther
StatusActive
MLS #6720674
WaterfrontLake Front
Summary
- Waterfront: Lake Front
- List Price: $120,000
- HOA Amount: $0
- Lot: Many Trees
- Directions: Go South on Highway 71 from Park Rapids. Take a right on County 42. Turn left on 125th Street. Take a right on 198th Street. Property about 1/2 mile on left.
- MLS Number: 6720674
- MLS Name: NORTHSTAR
- Office Name: National Realty Guild
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$120,000
56460 198th St
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Price information
Property sales
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Tax history
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Nearby schools
6
Park Rapids Century Elementary School
Public District PK-4
8.1 mi
•501 Helten Ave
6
Menahga Elementary School
Public District PK-4
9.1 mi
•216 Aspen Ave SE
5
Sebeka Elementary School
Public District PK-6
16.7 mi
•200 1st St NW
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 $48,048. The most common annual income of people living in Park Rapids, MN is between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
33%
<35k
57%
35k-100k
7%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
6%
Single, with Kids
36%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
34%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
Ram
Cadillac
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 56460 198th St
The listing price of 56460 198th St property is $120,000.
The property 56460 198th St is land located in Park Rapids, Minnesota, 56470.
Active Listing: 56460 198th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 56460 198th St are: Park Rapids Century Elementary School (GreatSchools Rating 6/10), Menahga Elementary School (GreatSchools Rating 6/10), Sebeka Elementary School (GreatSchools Rating 5/10), Park Rapids Century Middle School (GreatSchools Rating 3/10), Pine Point Elementary School (GreatSchools Rating 4/10), Prairie Wind Middle School (GreatSchools Rating 5/10), Park Rapids High School (GreatSchools Rating 4/10), Headwaters Education Learning Program (GreatSchools Rating 1/10), Menahga High School (GreatSchools Rating 5/10).
This home is located at 56460 198th St in Park Rapids, MN and zip code 56470. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $120,000.
In May 2025, from all listings sold in Park Rapids, MN there were more than 6 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price. The number of listings in Park Rapids, MN increased by 37.3% between April and May 2025. The median list price of listings available in May 2025 was $290,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.