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205 5th Ave NW, Barnesville, MN, 56514

0beds
0baths
--sqft
$25,000
--price/sqft
$511/moest. monthly cost
$20,440/yrincome needed

About This Home

Rare redevelopment opportunity. Property is condemned per city order and will require FULL DEMOLITION. Ideal for builders or investors seeking a lot for new construction. Buyer is responsible for removal of all contents and structure. No interior access permitted; drive-by viewings only. Cash purchase required.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

7/10
9/10
Barnesville SecondaryGrades 7-120.6 mi

Construction

Condition

  • Year built: 1890

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: None

Features

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

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 502500170
  • Zoning description: Residential-Single Family
  • Foundation area: 1

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 0.38 Acres
  • Lot size dimensions: 16764

Parking

  • Parking features: None

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
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Hail
Tornado
Wildfire

FEMA Declared Disasters in Clay 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 $126$1,512
Home Insurance *$195$2,340
Property Taxes $20$240
Electricity $170$2,050
Total$511$6,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$17,520/yr
40% on housing$15,330/yr
45% on housing$13,626/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: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 56514$139
Clay County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 56514
Clay 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
2026-08-04Pending sale$25,000
2026-07-24Listed for sale$25,000

For Sale by Agent

AgentRochelle Roesler, MBA
BrokerageCentury 21 FM Realty

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