Build your dream home overlooking the breathtaking Maple River Valley on 18.34 acres, apx 10 miles south of Mankato and conveniently located just off a paved road. This remarkable property features a 3-acre buildable homesite and 15.34 acres of wooded land spanning both sides of the Maple River, offering outstanding privacy, natural beauty, and year-round outdoor recreation. An established driveway lined with mature evergreen trees leads to a spacious, level homesite and established yard nestled among beautiful woods with sweeping river valley views. Existing improvements include a concrete pad from the former 3-stall garage, well, electrical service, septic system, and the foundation from the original home lost to fire. The buildable homesite may also accommodate a limited number of recreational animals, including horses, chickens, and goats, subject to Blue Earth County approval. With an acceptable offer, the seller is willing to remove the existing foundation, providing a clean building site while preserving the valuable existing improvements. Enjoy panoramic Maple River Valley and ravine views, frequent bald eagle sightings, abundant wildlife, and endless opportunities for hunting, hiking, ATV riding, fishing, and exploring your own private woods. Seller has assembled an extensive Due Diligence Package (see Associated Documents), including Blue Earth County and Board of Adjustment approvals, a professional geotechnical engineering study, historical well and septic records, and supporting reports—saving buyers valuable time, expense, and uncertainty. The adjoining 10.34-acre and 5-acre wooded parcels expand the property's recreational appeal, offering excellent hunting and outdoor recreation with recorded walking access to the river-bottom acreage. Whether you're planning to build your forever home, create a private hunting retreat, enjoy seasonal camping, or simply escape to your own piece of nature, this versatile property offers a rare opportunity to own 18.34 acres of scenic countryside just minutes from Mankato.
Active
Price cut: $10K (8/28)
$240,000
55799 Ivy Rd, Good Thunder, MN 56037
--beds
--baths
18.34Acres
Residential
Built in ----
18.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious level homesite
- 37 days
- 560
- 29
Zillow last checked:
Listing updated:
Listed by:
Angie Jenkins,
Executive Associates Realty
Source: RASM,MLS#: 267040991
Facts & features
Property
Parking
- Parking features: Gravel, RV Access/Parking
Features
- On waterfront: Yes
- Waterfront features: River Front
- Body of water: Maple
- Frontage type: Waterfront
Lot
- Size: 18.34 Acres
- Dimensions: 3 PARCELS (18.34 ACRES)
- Features: Irregular Lot, Ravine, Many Trees
- Topography: Level,Ravine,Sloping
Details
- Parcel number: R481335300009
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Private Well
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Good Thunder
Financial & listing details
- Tax assessed value: $82,000
- Annual tax amount: $842
- Date on market: 7/22/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,650/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $240,000-4% |
Source: | ||
| 7/22/2026 | Listed for sale | $250,000+400% |
Source: | ||
| 3/2/2004 | Sold | $50,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $718 -5.5% | $82,000 |
| 2024 | $760 -80.4% | $82,000 -13.3% |
| 2023 | $3,874 -3.4% | $94,600 -78.5% |
| 2022 | $4,012 +8.3% | $440,100 +17.6% |
| 2021 | $3,704 +45.3% | $374,300 +14.4% |
| 2020 | $2,550 | $327,200 |
| 2019 | $2,550 -4% | $327,200 -0.8% |
| 2018 | $2,656 +6.9% | $329,800 +3.8% |
| 2017 | $2,484 +6.1% | $317,800 +8.2% |
| 2016 | $2,342 +13774.4% | $293,800 +26.7% |
| 2015 | $17 -99.1% | $231,800 +1.8% |
| 2014 | $1,808 | $227,600 +9.8% |
| 2013 | -- | $207,300 |
| 2012 | -- | $207,300 +4.4% |
| 2011 | -- | $198,600 -4.9% |
| 2010 | -- | $208,900 |
Find assessor info on the county website





