49463 202 nd Place, McGregor, MN 55760
1 Bed | 5 Baths | 8,300 Sq Ft | Single Family Home | MLS# 7060945
Price Reduced — was $248,900 (↓ $19,000) · M Markdowns
$1,483/month Estimated
- Principal & interest
- $1,162
- Property taxes
- $187
- Home insurance (est.)
- $134
- HOA dues
- None
20% down ($45,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~9
The price here has already come down — the numbers point to real room to negotiate.
- 175 days on market — more than double the usual 84 days
- Price cut 7.6% (−$19,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
About This Home
Currently used as a bar and entertainment venue. Kitchen has not been used in 6 years. Septic is not compliant but works, just out of current code requirements. The septic cost will depend on intended use of property. NO CD'S...cash preferred. Upper level has a bedroom/living area, den, office and 3/4 bathroom. Main level could be the ultimate man cave or party area. Garage doors seperate the entertainment/bar area so bring your imagination and get an 8000+ sq ft place.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $172K and $287K in McGregor:
- The field: 6 similar McGregor homes for sale — a short list right now.
Powered by the Realgorithm™ — real McGregor closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1954
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $2,242 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 8,300
- Lot Size
- 1.65 acres
- Basement
- No
- Roof
- Age Over 8 Years, Pitched
- County
- Aitkin
- List Date
- 2026-04-21
- Days on Market
- 175 days
Financial
- Total Tax incl. Assessments
- $2,242
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- Drilled, Well
- Sewer
- Septic System Compliant - No
- Appliances
- Cooktop, Freezer, Gas Water Heater, Other, Refrigerator
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 8,300 sqft
- Total Building Area
- 8,300 sqft
Exterior Features
- Exterior Features
- Wood
- Other Structures
- Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Gravel, Parking Lot
Lot & Land
- Lot Features
- Tree Coverage - Light
- Road Surface
- City Street, Paved Streets
- Zoning Description
- Business/Commercial,Residential-Single Family
Agent & Office
- List Office
- LPT Realty, LLC
Price History
Reduced $19,000 (7.6%)
- Price reduced to $248,900 — May 8, 2026
- Price reduced to $229,900 — Jul 27, 2026
49463 202 nd Place is listed in McGregor, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 49463 202 nd Place
Associate Broker · Modern Market REALTORS®
Your McGregor real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by LPT Realty, LLC · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7060945 · Data refreshed September 21, 2026
Similar Homes for Sale Near 49463 202 nd Place, McGregor, MN
Frequently Asked Questions About 49463 202 nd Place
- What type of heating and cooling does 49463 202 nd Place have?
- 49463 202 nd Place has Forced Air heating and Central Air cooling.
- Where is 49463 202 nd Place located?
- 49463 202 nd Place is in McGregor, MN 55760, in Aitkin County.
- Is 49463 202 nd Place still available?
- Yes — 49463 202 nd Place is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 49463 202 nd Place built?
- 49463 202 nd Place was built in 1954. It features a slab foundation.
- How walkable is 49463 202 nd Place?
- 49463 202 nd Place has a Walk Score of 6/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 49463 202 nd Place are for sale in McGregor?
- 6 similar homes (single-family homes between $172K and $287K in McGregor) are for sale right now — a short list right now.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the McGregor area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.