5049 118th Street

STEELE, MN 55917 • Steele County Jurisdiction

Financial & Assessment Core

Assessor Fair Market Value

$355,400

Taxable Assessed Value

$355,400

Est. Benchmark Tax (Unadjusted)

$4,300 / yr

at 1.21% benchmark baseline

Calculate Appeal Savings →

Cadastral Land Area

11.79 Acres

513,640 sq ft

Cadastral Land Area

11.79 Acres

513,640 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	Braun/Nathan & Hailey
Mailing Address	5049 118th St Se Blooming Prairie, MN 55917 MN
Land Classification	Residential\single Unit
Improvement Share	64% Structure • 36% Land
Legal Description	N552' of E930.5' of W1/2 of Ne1/4

Cadastral Analysis & Tax Equity Simulation

Interactive Simulator

5049 118th Street is cataloged under the Steele County, MN property tax appraisal roll with an assessor fair market valuation of $355,400. Structural improvements constitute 64% ($225,700) of total parcel value, with allocated land value accounting for 36% ($129,700). Based on the prevailing MN benchmark tax rate of 1.21%, estimated annual ad valorem taxes are approximately $4,300/year.

Property Tax Appeal Savings Simulator

Slide left to simulate lower assessed comp value

Target Valuation: $355,400

-50% ($177,700) Current Roll ($355,400)

Est. Tax Reduction

$0 / yr

(Current assessed baseline)

Simulated at Steele County benchmark tax rate of 1.21% (approx. 12.1 mills).

Step-by-step appeal guide →

* Illustrative benchmark calculation based on county baseline. Actual tax bills vary by municipal taxing district, school millage, and statutory exemptions.

Nearby Properties in Steele County

Adjacent Property & Address	City	Just Valuation
118th Street, STEELE, MN	STEELE	$219,900
5379 118th Street, STEELE, MN	STEELE	$152,300
W1/2 of Ne1/4 Except N552' of E930.5', STEELE, MN	STEELE	$114,500
54th Avenue, STEELE, MN	STEELE	$659,900
S1/2 of Se1/4 Ex Com Sw Cor E580.7' To Beg N660' E660' S660' W660' To Beg, STEELE, MN	STEELE	$112,500
5100 128th Street, STEELE, MN	STEELE	$473,200