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62503 310th St, Wadena, MN, 56482

5beds
2baths
2,800sqft
$460,000
$164price/sqft
$3,008/moest. monthly cost
$120,320/yrincome needed

About This Home

PRIVATE 30+ ACRE RETREAT WITH GUEST QUARTERS & HEATED SHOP Welcome home to this spacious 5-bedroom, 2-bath property set on just over 30 acres, offering the perfect blend of privacy and convenience. Located not far off Highway 10 with easy access to nearby amenities, this property gives you room to breathe without sacrificing accessibility. Inside, you’ll find sun-filled rooms full of natural light and character throughout the main living spaces. A separate, year-round living quarters with a kitchen and full bath offers flexibility for guests, extended family, or rental income potential. Outbuildings include a detached 2-stall garage and a large, heated shop wired with 220-amp service — ideal for hobbyists, tradespeople, or anyone needing serious workshop space. With acreage like this so close to town, opportunities like this don’t come around often. PICTURES COMING!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1895

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,800

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,900
  • Total interior livable area: 2,800 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 11000140093000
  • Zoning description: Agriculture
  • Other equipment: Fuel Tank - Rented
  • Wooded area: 572814
  • Foundation area: 2240

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Chain Link

Lot

  • Lot size: 30.15 Acres
  • Lot size dimensions: 300' x 400'

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Multiple Garages
  • 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

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Otter Tail 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 $2,326$27,912
Home Insurance *$245$2,940
Property Taxes $201$2,412
Electricity $236$2,833
Total$3,008$36,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,131/yr
40% on housing$90,240/yr
45% on housing$80,213/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: 12.3%
12.3%
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

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 56482$90
Otter Tail County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 56482
Otter Tail County$152

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)

Price History

DateEventPrice
2026-08-14Price change$425,000
2026-08-04Price change$450,000
2026-07-27Price change$460,000
2026-07-08Price change$475,000
2026-06-22Listed for sale$499,000
2017-11-03Sold$255,000
2017-09-30Pending sale$215,000
2017-07-17Listed for sale$215,000

For Sale by Agent

AgentHarrietta Kalberer
BrokerageBetter Homes and Gardens Real

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