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34774 400th St SE, Fosston, MN, 56542

5beds
1baths
2,380sqft
$279,500
$117price/sqft
$1,988/moest. monthly cost
$79,520/yrincome needed

About This Home

Where the prairie meets the pines – welcome to this classic Minnesota farmstead on 40 acres just outside of Fosston. This older farmhouse offers over 2,400 sq. ft. of space and is ready to be refreshed and restored into the country home of your dreams. With 6 bedrooms, there’s room for everyone—one bedroom on the main floor for convenience, and five more upstairs. The main level features a formal dining room with tall ceilings, a spacious kitchen with room for dining, and a full bathroom that also houses the laundry. A new well, installed by Gracco Well Drilling just two years ago, provides reliable water for years to come. While the farmhouse is substantial, the true highlight of this property is the land and outbuildings. Multiple structures provide endless utility, including a cute little red barn, a detached 28x24 garage with a 20x7 lean-to, a 26x40 machine shed, and a 25x14 shed—plenty of space for storage, equipment, or hobbies. The 40-acre parcel offers a unique blend of agricultural, rural, and recreational opportunities. It includes 10 acres of tillable land, 6 acres classified as non-tillable/woods/pasture, 4 acres of moderately treed land surrounding the building site, and 19 acres of wetland. The Poplar River meanders through the property, creating excellent cover and habitat for wildlife. Deer hunting here is especially appealing, with the property located in DPA 256. For the 2025 season, the DNR has issued a two-deer limit in this area, increasing opportunities for hunters and outdoor enthusiasts. This location is a perfect balance of country living with city conveniences just 1.6 miles away in downtown Fosston. The community offers excellent services—education, healthcare, professional, and city resources—along with a strong local economy and vibrant culture. You’ll find arts, recreation, and a healthy lifestyle woven into the fabric of the area. Larger communities are within easy reach: Bagley (19 miles), Bemidji (45 miles), and Grand Forks (70 miles), all offering additional healthcare, shopping, entertainment, and education options. Whether your vision is to restore this farmhouse, build a new home, start a hobby farm, or create a hunting and recreational getaway, the possibilities here are endless. Schedule your showing today and discover life where the prairie meets the pines.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
9/10
Fosston SecondaryGrades 7-121.2 mi

Construction

Condition

  • Year built: 1918

Materials

  • Roof: Age Over 8 Years
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Upper

Bedroom6

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,405

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,380
  • Total interior livable area: 2,380 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Porch

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 060020800
  • Zoning description: Agriculture,Residential-Single Family
  • Wooded area: 479160
  • Foundation area: 960

Features

  • Levels: One and One Half
  • Stories: 1
  • Topography of land: High Ground,Level,Low Land,Meadow,Rolling,Wooded

Lot

  • Lot size: 40 Acres
  • Features: Suitable for Horses,Tillable,Tree Coverage - Medium
  • Lot size dimensions: 1318 x 1318

Parking

  • Total spaces: 4
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Drought
Hail
Inland Flooding
Strong Wind
Wildfire
Tornado

FEMA Declared Disasters in Polk 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 $1,413$16,956
Home Insurance *$152$1,824
Property Taxes $223$2,676
Electricity $200$2,408
Total$1,988$23,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,160/yr
40% on housing$59,640/yr
45% on housing$53,013/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: 12.0%
12.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 56542$119
Polk County$151

vs Homes Sold Last Month

Median $/sqft

ZIP 56542
Polk County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-31Price change$289,500
2025-12-02Price change$299,000
2025-11-12Price change$289,500
2025-09-17Listed for sale$299,000

For Sale by Agent

AgentJill Larson
BrokerageHeadwaters Realty Services LLC

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