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7126 196th Ave NE, New London, MN, 56273

4beds
2baths
3,128sqft
$349,000
$112price/sqft
$2,447/moest. monthly cost
$97,880/yrincome needed

About This Home

Welcome home to a spacious 4 bedroom, 2 bath home in the highly desirable Coles Island View Estates just outside of New London! Modern updates can be found throughout and include fresh paint, new flooring, new carpet and a beautifully remodeled kitchen creating a move-in-ready home you'll love from day one. Enjoy multiple family room spaces- each warmed by its own fireplace- a spacious dining room perfect for gathering and a stunning sunroom overlooking the Crow River. Situated on a generous half-acre lot, there's plenty of room to relax and entertain with a welcoming front patio, expansive rear deck and semi-inground pool for endless summer enjoyment. One stall tuck under and additional 28x34 garage provides tons of space for storage and parking. Offering exceptional indoor and outdoor living this home is nestled in a quiet, close-knit neighborhood within walking distance of downtown New London's restaurants, parks, beaches, shopping and community events. Plus, you're just minutes from Sibley State Park, the Glacial Lakes state trail and the area's many beautiful lakes. Don't miss this opportunity to enjoy the best of small-town living with modern comforts and scenic surroundings!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
New London-Spicer Sr.Grades 9-121.1 mi
9/10

Construction

Condition

  • Year built: 1972

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedroom

  • Level: Lower
  • Area: 154
  • Dimensions: 11x14

Bedroom2

  • Level: Lower
  • Area: 77
  • Dimensions: 7x11

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedroom4

  • Level: Upper
  • Area: 132
  • Dimensions: 11x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 2
  • Fireplace features: Double Sided,Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,176
  • Finished area above ground: 1,952

Heating & Cooling

  • Heating features: Baseboard,Fireplace(s)
  • Cooling features: Ductless Mini-Split,Wall Unit(s),Window Unit(s)

Interior Area

  • Total structure area: 3,128
  • Total interior livable area: 3,128 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 272800320
  • Zoning description: Residential-Single Family
  • Foundation area: 1736

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • Waterfront features: River View

Lot

  • Lot size: 0.54 Acres
  • Lot size dimensions: 23697

Parking

  • Total spaces: 3
  • Parking features: Attached,Detached Garage,Driveway - Other Surface,Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning
Tornado

FEMA Declared Disasters in Kandiyohi County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$252$3,024
Property Taxes $168$2,016
Electricity $263$3,165
Total$2,447$29,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,897/yr
40% on housing$73,410/yr
45% on housing$65,253/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$112This listing

vs Other Active Listings

Avg $/sqft

ZIP 56273$162
Kandiyohi County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 56273$149
Kandiyohi County$147

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$349,000
2026-07-17Listed for sale$365,000
2022-06-03Sold$312,000
2022-04-21Pending sale$299,000
2022-04-13Listed for sale$299,000
2021-10-05Listing removed--
2021-09-22Price change$285,000
2021-09-17Listed for sale$299,000
2021-09-16Listing removed--
2021-08-30Price change$299,900
2021-08-23Price change$305,000
2021-08-10Listed for sale$315,000
2016-06-06Sold$239,900
2016-06-01Pending sale$239,900
2016-05-20Listed for sale$239,900
2016-04-15Listing removed$239,900
2016-03-31Price change$239,900
2016-03-09Listed for sale$245,000

For Sale by Agent

AgentAmber Barber
Brokerage320 Real Estate Co

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