221 E Lake Street, Parkers Prairie, MN 56361 (MLS# 7124939)

221 E Lake Street, Parkers Prairie, MN 56361

New Listing
$114,500
Property Type: Residential Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $114,500 List Date: 8/14/2026 Last Modified: 8/18/2026

Overview

Description

Contractor Special — Bring Your Vision! Calling all contractors, investors, and buyers with an eye for potential! Not far from Lake Adley, this home sits on a nice-sized lot and is ready for someone with the vision and creativity to bring it back to life. The hard part has already been started—the demolition has been done, leaving you with a blank canvas ready for its next chapter. The home wasn't taken down to the studs because of a known issue; the owner simply had a vision for transforming the property and was never able to complete it, now, that opportunity is yours! There is plenty of square footage to work with, along with an abundance of windows throughout the home that allow for plenty of natural light and help you envision just how bright and inviting these spaces could become once finished. Previous plans imagined the property as a 4-bedroom, 1-bath home, with the potential to create 5 bedrooms and 2 bathrooms, follow that vision or start fresh and design the layout to fi ...

Listing Details MLS# 7124939

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1918
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Total Finished Sqft
0.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
1580
Lot Dimensions
95 x 142
Acres
0.31
Assessment Pending
No
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Main Floor Total SqFt
0
Above Grd Total SqFt
0
Below Grd Total SqFt
0
Total SqFt
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Other Heating: None Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; Conventional Rehab Sewer: City Sewer - In Street Stories: One and One Half Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
114500
ListPrice
114500
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
221
Street Direction Prefix
E
Street Name
Lake
Street Suffix
Street
Postal City
Parkers Prairie
County
Otter Tail
State
MN
Zip Code
56361

Assessments

Tax With Assessments
2982
Assessment Balance
0

Basement

Foundation Dimensions
24 x 29
Concrete Block
Yes

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
37
Section#
22
Township#
131

Office/Member Info

Association
GAAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-22 TWP-131 RANGE-037 AMENDED PLAT - PARKERS PRAIRIE LOTS 5 & 6 EX W 5' OF LOT 5 BLK 6
Listing City
Parkers Prairie
Map Page
999
Municipality
Parkers Prairie
School District
Parkers Prairie
School District Phone
218-338-6011
Zip Plus 4
3216
Property ID Number
75000990091000
Tax Year
2026
Tax Amount
2982
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Contractor Special — Bring Your Vision! Calling all contractors, investors, and buyers with an eye for potential! Not far from Lake Adley, this home sits on a nice-sized lot and is ready for someone with the vision and creativity to bring it back to life. The hard part has already been started—the demolition has been done, leaving you with a blank canvas ready for its next chapter. The home wasn't taken down to the studs because of a known issue; the owner simply had a vision for transforming the property and was never able to complete it, now, that opportunity is yours! There is plenty of square footage to work with, along with an abundance of windows throughout the home that allow for plenty of natural light and help you envision just how bright and inviting these spaces could become once finished. Previous plans imagined the property as a 4-bedroom, 1-bath home, with the potential to create 5 bedrooms and 2 bathrooms, follow that vision or start fresh and design the layout to fit your own needs—the possibilities are here for you to explore. The uppermost level is especially unique and could make a fantastic study, home office, reading retreat, or bonus space, complete with views of Lake Adley. Whether you're a contractor looking for your next project, an investor searching for an opportunity, or a buyer dreaming of creating a home that's truly your own, this property offers the space and potential to make it happen. Bring your tools, bring your imagination, and make this house a home again! IMPORTANT SHOWING REQUIREMENT: Due to the current condition of the property, anyone entering the home must sign a liability waiver and return it to the listing agent prior to entering the property.
Directions
Hwy 29 N to Lake St E to 221 on Right -

Accessible

None
Yes

Air Conditioning

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Other
Yes

Heating

None
Yes

Insurance Fee

Insurance Fee
0

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes

Sewer

City Sewer - In Street
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Randy Fischer Real Estate, Inc
Last Updated: August - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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