4231 LYNDALE AVE S MINNEAPOLIS MN 55409

PID: 1002824320156

Property Overview

Parcel ID1002824320156

Lot Size6,102 sq ft (0.140 ac)

Lot Dimensions (est.)135 ft wide × 45 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerJ R RAASCH & J H RAASCH

Assessed Value$613,000

Land Value$179,000

Building Value$434,000

Annual Tax$10,085

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $75K total declared value · Most recent: May 2018 (existres)

ExistresMay 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

ResJul 2017Closed

Heating and Cooling Design Inc

ExistresJul 2017Closed

Heating and Cooling Design Inc

ResJul 2017Closed

West Hennepin Plumbing LLC

RemodelJun 2017Closed

$75K

ALLIED CONSTRUCTION INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth96 ft

Area~3,344 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,344 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4227 LYNDALE AVE S MINNEAPOLIS MN 55409	JAIME G MEYER	RESIDENTIAL	$422,300	48 ft
4237 LYNDALE AVE S MINNEAPOLIS MN 55409	J KEATING & K SMITH	RESIDENTIAL	$574,400	50 ft
4223 LYNDALE AVE S MINNEAPOLIS MN 55409	N BARDWELL & J BARDWELL	RESIDENTIAL	$500,900	97 ft
4241 LYNDALE AVE S MINNEAPOLIS MN 55409	RICHARD CRAIG SWANSTROM	RESIDENTIAL	$583,400	108 ft
4228 GARFIELD AVE MINNEAPOLIS MN 55409	LINDA A GREILING INV RV TR	RESIDENTIAL	$530,400	129 ft
4234 GARFIELD AVE MINNEAPOLIS MN 55409	L WALLACE & R SPECK	RESIDENTIAL	$618,500	131 ft
4219 LYNDALE AVE S MINNEAPOLIS MN 55409	KENDAL FARRAR	RESIDENTIAL	$760,000	144 ft
4224 GARFIELD AVE MINNEAPOLIS MN 55409	R ORMSBY & D LOFQUIST	RESIDENTIAL	$833,000	147 ft
4240 GARFIELD AVE MINNEAPOLIS MN 55409	K L KLING & M LUDINGTON	RESIDENTIAL	$681,000	151 ft
4247 LYNDALE AVE S MINNEAPOLIS MN 55409	HARVEY D LINDER	RESIDENTIAL	$636,200	168 ft

Property History

Most Recent Sale

Date201210

Price$306,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,085