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401 4th St NW, Wadena, MN, 56482

1beds
1baths
1,016sqft
$79,900
$79price/sqft
$667/moest. monthly cost
$26,680/yrincome needed

About This Home

PRICE REDUCED! Smaller home in NW Wadena. Roof, siding, windows, flooring, bath, some electric done after tornado of 2010. Great starter or rental property.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Block

Bedroom

  • Level: Main
  • Area: 123.69
  • Dimensions: 9.3x13.3

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 9.6x15

Features

  • Finished area below ground: 0
  • Finished area above ground: 816

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,016
  • Total interior livable area: 1,016 sqft

Kitchen

  • Level: Main
  • Area: 128.7
  • Dimensions: 13x9.9

Living Room

  • Level: Main
  • Area: 168.75
  • Dimensions: 12.5x13.5

Other

  • Level: Main
  • Area: 93
  • Dimensions: 9.3x10

Porch

  • Level: Main
  • Area: 64
  • Dimensions: 8x8

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 224701450
  • Zoning description: Residential-Single Family
  • Foundation area: 816

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Enclosed,Rear Porch
  • Fencing: None

Lot

  • Lot size: 7,492 sqft
  • Lot size dimensions: 50 x 150

Parking

  • Parking features: Driveway - Other Surface
  • 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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind
Tornado
Hail
Inland Flooding

FEMA Declared Disasters in Wadena 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 $404$4,848
Home Insurance *$41$492
Property Taxes $52$624
Electricity $170$2,050
Total$667$8,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,868/yr
40% on housing$20,010/yr
45% on housing$17,786/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: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 56482$102
Wadena County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 56482
Wadena County$92

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)

No zestimate history available

Price History

DateEventPrice
2026-02-16Price change$79,900
2025-12-17Listed for sale$93,600
2006-09-05Sold$34,263

For Sale by Agent

AgentCurtis Folkestad
BrokerageThe Gores Company

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