Lori Gustafson

37882 309th Street

Aitkin, MN
$ 185,000 Beds 2 Baths 1.5 Sq 1,132
Monthly Estimate* How much can I afford?

Set on Elm Island Lake, this year-round property offers a chance to create something of your own on a quiet corner of the Ripple River chain. The lake is visible through the trees, and the home includes additions made over the years, along with three shed/storage buildings providing useful space for lake gear, projects, and storage. This is a property for a buyer who sees potential rather than perfection, whether you're looking for a lake getaway, investment opportunity, or a place to improve over time. The property is being sold AS-IS. The septic system is compliant, and any remaining personal property will transfer to the buyer.

Single Family

  • Price
  • $ 185,000
  • City
  • Aitkin
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • AITKIN
  • Half Bathrooms
  • 1
  • Area
  • Leehaven
  • Lot Size
  • 0.474 Acres
  • Zip
  • 56431
  • Sqr Footage
  • 1,132
  • Year Built
  • 1992
  • Taxes
  • $ 834
  • Style
  • Single Family
  • MLS#
  • 7143515
Listed By: BRIX Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1132
Sewer Septic System Compliant - Yes
Heating Forced Air,Other
Cooling None
Roof Age Over 8 Years,Asphalt,Pitched
Appliances Dishwasher,Dryer,Fuel Tank - Rented,Range,Refrigerator,Washer
Pool Features None
Year Built 1992
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility No Stairs Internal
County Aitkin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Leehaven
Other Structures Storage Shed
Full Baths 1
Directions Hwy. 47 East to right on Cty. Rd. 12 to 309th St. to Sign on Left.
City Aitkin
High School District Aitkin
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 834
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Walk-In Closet
PostalCity Aitkin

Interior Features

Basement Crawl Space
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1132
Half Baths 1
Laundry Features Main Level
Total Bedrooms 2
Total Baths 2
Bath Desc Main Floor 1/2 Bath,Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Foundation Dimensions 1132
Fuel Propane

Exterior Features

Fencing None
Parking Features Gravel
Lot Features Tree Coverage - Medium
Water Source Well
Lot Size Area 0.474
Building Area Total 1132
Lot Dimensions 65x250x75x250
Waterfront Y/N Yes
Foundation Area 1
Road Frontage Type Private Road
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/16/2026 Listed $185,000

Property vs Zip Code Average in 56431

Price
AVG $460K
$190K
Taxes
AVG $1,838
$834
Year Built
AVG 1977
1992
Visits
AVG 74
26
Data Provided by Inside Real Estate®

Areas That We Cover

37882 309th Street Aitkin, MN is a Single Family Home for sale at $185000 with 1132 sqft and a lot size of 0.474 Acres Acre(s). 37882 309th Street Aitkin has 2 bedrooms, 1 baths and was built in 1992. The property's zip code is 56431 which is in Aitkin, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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