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844 1st Ave, Gibbon, MN, 55335

4beds
2baths
4,287sqft
$115,000
$27price/sqft
$1,241/moest. monthly cost
$49,640/yrincome needed

About This Home

There’s a quiet kind of beauty in old fixer uppers like this and it awaits someone ready for the job. This is the kind of place that hasn’t been polished or rewritten over time, just gently held in place, waiting for someone new to notice it again. Inside, the character is still very much present. The curved center wall in the oversized kitchen gives the heart of the home a softness and flow you don’t often find. A reminder that this space was once designed with intention and warmth. Upstairs, all the bedrooms rest together on the second level, with the attic above offering even more space for someone who sees possibility in every beam and corner. A detached 2-stall garage sits just outside, practical and ready for everyday use, while the basement includes a shower area that could be reimagined into additional finished living space or kept simple for storage and utility. This is a home for someone who appreciates older character and feels inspired by the idea of bringing it forward rather than changing it entirely. A place where the original charm can be honored, restored, and given new life through thoughtful craftsmanship and vision. With the right touch, this property offers the rare opportunity to blend history with renewal — a home that’s been waiting for someone who recognizes what it still has to offer.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
G.F.W. Elementary SchoolGrades PK-50.3 mi
6/10
Gfw Middle SchoolGrades 5-87.9 mi
6/10
GFW High SchoolGrades 9-127.9 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1915

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Metal Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer
  • Laundry features: Washer/Dryer Hookups

Basement

  • Has basement: Yes
  • Basement: Unfinished,Other,Full

Bedrooms & Bathrooms

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

Dining Room

  • Features: Eat-in Kitchen

Features

  • Eat-In Kitchen,Bath Description: Main Floor 3/4 Bath,Rough In,Upper Level Bath,3+ Same Floor Bedrooms(L)
  • Finished area below ground: 0
  • Finished area above ground: 2,810

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,810
  • Total interior livable area: 4,287 sqft

Property

Details

  • Parcel number: 330272000
  • Foundation area: 1405

Features

  • Levels: 2.25 - 2.75 Story
  • Stories: 2
  • Patio & porch: Porch

Lot

  • Lot size: 8,712 sqft
  • Features: Few Trees
  • Lot size dimensions: 140 x 60

Parking

  • Total spaces: 2
  • Parking features: Gravel,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Sibley 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 $581$6,972
Home Insurance *$113$1,356
Property Taxes $186$2,232
Electricity $361$4,338
Total$1,241$14,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,548/yr
40% on housing$37,230/yr
45% on housing$33,093/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$27This listing

vs Other Active Listings

Avg $/sqft

ZIP 55335$87
Sibley County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 55335
Sibley County$109

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
2026-06-12Price change$115,000
2026-06-03Listed for sale$125,000

For Sale by Agent

AgentRebecca Boelter
BrokerageReal Broker, LLC

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