43951 Percheron Loop, Pelican Rapids, MN 56572
4 Beds | 4 Baths | 2,760 Sq Ft | Single Family Home | MLS# 7040820
M Markdowns — Price Reduced — was $750,000 (↓ $10,000)
Is 43951 Percheron Loop a Good Deal?
BuyPulse Verdict
Excellent Value
At $268/sqft — This home is priced 29% below the typical Pelican Rapids single-family home of $378/sqft.
Powered by the Realgorithm™ — 31 active Pelican Rapids listings · NorthstarMLS
$4,418/month Estimated
- Principal & interest
- $3,742
- Property taxes
- $237
- Home insurance (est.)
- $432
- Special assessments
- $7
- HOA dues
- None
20% down ($148,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Geske Add, Pelican Rapids, MN.
About This Home
Lakeside Living Meets Everyday Luxury – Just Minutes from Pelican Rapids! This beautifully maintained 4-bedroom, 4-bath home offers the perfect blend of comfort, convenience, and waterfront charm, just 2 miles from Pelican Rapids on Highway 59.. Property Highlights: - Spacious & Smart Layout: 4 bedrooms and 4 bathrooms provide room to spread out and unwind, with heated floors in 2 baths adding a cozy touch. - Outdoor Oasis: Maintenance-free wraparound deck (new fall 2020), propane grill hookup, and included dock make lake life a breeze. - Shoreline Paradise: Clear water and a nice stretch of shoreline create the ideal setting for fishing, swimming, or relaxing sunsets. -Updates: - Steel siding (July 2021) - New shingles (July 2024) - New well (May 2025) -Newly remodeled sunroom (2025) - Fiber optic internet for reliable streaming & work-from-home setup - Year-Round Comfort: Heated, insulated garage featuring a Marathon water heater and cozy propane stove in the living room ensure a warm welcome no matter the season.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $555K and $925K in Pelican Rapids:
- The field: 11 similar Pelican Rapids homes for sale — you have options.
Powered by the Realgorithm™ — real Pelican Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1971
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,844 (2025)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,760
- Lot Size
- 0.93 acres
- Basement
- Yes
- County
- Otter Tail
- List Date
- 2026-03-23
- Days on Market
- 196 days
- Parcel ID
- 50000990434000
Financial
- Total Tax incl. Assessments
- $2,929
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Water
- Well
- Sewer
- Septic System Compliant - Yes
Interior Features
- Laundry
- Laundry Room
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block, Slab
- Foundation Area
- 2,600 sqft
- Total Building Area
- 3,066 sqft
Exterior Features
- Exterior Features
- Steel Siding
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Park Co., REALTORS®
Price History
Reduced $10,000 (1.3%)
- Price reduced to $750,000 — Jun 16, 2026
- Price reduced to $740,000 — Aug 19, 2026
43951 Percheron Loop is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 43951 Percheron Loop
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Listed by Park Co., REALTORS® · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7040820 · Data refreshed August 19, 2026
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Frequently Asked Questions About 43951 Percheron Loop
- Is $740,000 a good price for a home in Pelican Rapids?
- According to BuyPulse, 43951 Percheron Loop rates Excellent Value — at $268/sqft it's priced 29% below the typical Pelican Rapids single-family home of $378/sqft. Powered by the Realgorithm™. Browse Pelican Rapids homes for sale to compare.
- What are the special assessments at 43951 Percheron Loop — and what do they mean?
- This property has $85/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,844/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Pelican Rapids — live figures on every home for sale.
- Does 43951 Percheron Loop have a basement?
- Yes, 43951 Percheron Loop has a basement.
- What type of heating and cooling does 43951 Percheron Loop have?
- 43951 Percheron Loop has Forced Air, In-Floor Heating and Central Air cooling.
- Where is 43951 Percheron Loop located?
- 43951 Percheron Loop is in the Geske neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
- Is 43951 Percheron Loop still available?
- Yes — 43951 Percheron Loop is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 43951 Percheron Loop built?
- 43951 Percheron Loop was built in 1971. It features a block, slab foundation.
- How walkable is 43951 Percheron Loop?
- 43951 Percheron Loop has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 43951 Percheron Loop are for sale in Pelican Rapids?
- 11 similar homes (single-family homes between $555K and $925K in Pelican Rapids) are for sale right now — you have options.
- 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 Pelican Rapids area.