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1583 Highway 68, Canby, MN, 56220

5beds
4baths
3,784sqft
$650,000
$172price/sqft
$4,570/moest. monthly cost
$182,800/yrincome needed

About This Home

Acreage Alert - welcome to this incredible property in the Canby community! Situated on 5.4 acres this place has it all. The home built in 2007 is 3,784 square feet with plenty of room to spread out. One of the many standout features of this property is the open floor plan with vaulted ceilings. Large windows let in a great amount of natural light with wonderful views. The home consists of 5 bedrooms, 4 bathrooms which includes the master bath with a 0 entry tile shower, heated tile floors, and a large clawfoot tub. Elsewhere in the house, 2 propane fireplaces provide focal points sure to draw your attention! The kitchen opens up to the living area and features a large island with seating capabilities. The basement features a large walk-out area to a concrete patio; along with another family room and large bonus/craft room. The house also features two covered decks totaling 704 square feet. There is a two car attached garage which is insulated. The remainder of the property is what truly makes this property one of a kind. Features include a large tree grove and other mature trees which provide privacy, shade, and beauty. There is also an insulated shop with a large overhead door (perfect place for a woodshop or to house the grown-up toys), a 30x40 pole barn used to house animals, and multiple corrals. There is a producing fruit orchard featuring over 30 trees (apple, pear, cherry, apricot, and plum) as well as established rhubarb/asparagus/raspberry patches. The possibilities are endless - whether it is entertaining, gardening, outdoor games, space for animals, or simply relaxing this is the place for it all! And located just off a blacktop road less than 3 miles from town, this is one you will not want to miss! And one more thing - this property borders 43.77+/- acres of pastureland also available for purchase! This land includes two small ponds, a spring fed creek, and endless opportunities. Whether it is enjoying the beauty from your backyard, pasturing livestock, or your own private hunting area (abundant deer and pheasant) this property provides the perfect add-on to the acreage! We welcome interested parties to an open house to be held July 25th from 1:00PM to 7:00PM. This property is for sale by owner, and is sold as-is.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10
Canby Elementary SchoolGrades PK-63.1 mi
7/10
Canby SecondaryGrades 7-123.1 mi

Construction

Condition

  • Year built: 2007

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 3/4 bathrooms: 1

Features

  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Other,Propane / Butane,Wood / Pellet
  • Cooling features: Central

Interior Area

  • Total interior livable area: 3,784 sqft

Property

Details

  • Parcel number: 040011011

Lot

  • Lot size: 5 Acres

Parking

  • Parking features: Garage - Attached

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

  • Heat Wave
    Heat WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Yellow Medicine 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 $3,286$39,432
Home Insurance *$529$6,348
Property Taxes $436$5,232
Electricity $319$3,829
Total$4,570$54,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,685/yr
40% on housing$137,100/yr
45% on housing$121,866/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: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 56220$91
Yellow Medicine County$77

vs Homes Sold Last Month

Median $/sqft

ZIP 56220
Yellow Medicine County$96

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
2026-07-23Listed for sale$650,000

For Sale by Owner

AgentProperty Owner

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