Sold
Last Sold Price
2 beds992 sqft$66/sqft
4851 Thompson Trail, Mercer, WI 54547
Single FamilyProperty Type
0.48 acresLot Size
$66/sq ftPrice per sq ft
2 carsParking Spaces

Description

438B) Two Bedroom, 2 Bath, log sided home in Mercer priced well below assessed value! This quaint year-round property features .48 acres of land with mature trees, a stunning view and is located less than 2 miles from Mercer. The cozy home has two living areas with free standing wood stoves, sauna, eat-in kitchen, built-ins, partial basement, a large enclosed porch and a 2 car detached garage. This property is eligible under the Freddie Mac First Look Initiative through 02/02/2020. Seller will not...438B) Two Bedroom, 2 Bath, log sided home in Mercer priced well below assessed value! This quaint year-round property features .48 acres of land with mature trees, a stunning view and is located less than 2 miles from Mercer. The cozy home has two living areas with free standing wood stoves, sauna, eat-in kitchen, built-ins, partial basement, a large enclosed porch and a 2 car detached garage. This property is eligible under the Freddie Mac First Look Initiative through 02/02/2020. Seller will not complete any repairs to the subject property, either Lender or Buyer requested. The property is being sold in As Is Condition. There is a mobile home on the property that is included in the sale. The well on the property is shared between the home and mobile home.
  • Listed by: LAURIE WAGNER 715.762.3291 lwagner190@aol.com • HILGART REALTY INC
Listing closed: 02/28/2020 12:00 AM • Source: Greater Northwoods MLS, MLS#: 182618

Recent comparable sales

Median sold price

$209,750

Avg days on market

92

Sale-to-list ratio

93.2%

Mercer, WI

9 comparable properties found

$191,500 | 4729 Highway 51, Mercer, WI 54547
1/31
1

$191,500

Sold 11/12/25

2
Bedrooms
1,008
Square Feet
0.34
Acres
$160,000 | 4743 Highway 51, Mercer, WI 54547
1/30
2

$160,000

Sold 12/03/24

2
Bedrooms
1,260
Square Feet
6.69
Acres
a front view of a house with a yard
1/20
3

$72,000

Sold 08/18/25

2
Bedrooms
965
Square Feet
0.08
Acres
$228,000 | 2603 Margaret Street, Mercer, WI 54547
1/18
4

$228,000

Sold 09/08/25

2
Bedrooms
1,368
Square Feet
0.5
Acres
$228,000 | 2603 Margaret Street, Mercer, WI 54547
1/38
5

$228,000

Sold 09/05/25

2
Bedrooms
1,368
Square Feet
0.5
Acres
$292,000 | 5976 Scott Road, Mercer, WI 54547
1/39
6

$292,000

Sold 06/09/25

2
Bedrooms
820
Square Feet
1.46
Acres
$280,000 | 6274 N Bambiland Road, Mercer, WI 54547
1/43
7

$280,000

Sold 08/03/26

2
Bedrooms
864
Square Feet
4.05
Acres
$180,000 | 2611 West Cth J, Mercer, WI 54547
1/34
8

$180,000

Sold 07/11/25

3
Bedrooms
1,188
Square Feet
0.96
Acres
$280,000 | 2618 Mercer Lake Circle South, Mercer, WI 54547
1/29
9

$280,000

Sold 06/06/25

2
Bedrooms
808
Square Feet
Unavailable
Acres

Location

Listing Courtesy of HILGART REALTY INC

Sold By NON-MEMBER

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Property Information for 4851 Thompson Trail

Property Details
  • Taxes: $994 / year
  • MLS Type: Residential / Single Family Residence
  • County: Iron County
  • Architectural Style: One Story
  • Has Waterfront: No
Building Information
  • Stories: 1
  • Lot Size: 0.48 AC / 20,909 SF
Summary
Location and General Information
  • Directions: From Mercer, Hwy 51 south to Thompson Trail, left onto Thompson Trail for 0.2 miles. Property is on the left.
  • Latitude: 46.155052
  • Longitude: -90.037369
  • MLS Area Major: 60 - All Other Wi Prop
  • Township: IR Mercer
Taxes and HOA
  • Association: No
  • Parcel Number: 2983-0000
  • Tax Annual Amount: $994.00
  • Tax Year: 2019
School Information
  • Elementary School: IR Mercer
  • Elementary School District: Mercer
  • High School: IR Mercer
  • High School District: Mercer
  • Middle Or Junior School: IR Mercer
  • Middle Or Junior School District: Mercer
Parking
  • Attached Garage: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 2.0
Property
Lot Information
  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Lot Size Dimensions: 0 x 0 x
  • Lot Size Square Feet: 20909.0
  • Public Survey Range: 4E
  • Public Survey Section: 31
  • Public Survey Township: 43N
Property and Assessments
  • Above Grade Finished Area: 992.0
  • Below Grade Unfinished Area: 400.0
  • Building Area Total: 992.0
  • Living Area: 992.0
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
Building Features
  • Construction Materials: Frame, Log Siding, Wood Siding
  • Foundation Details: Block
  • Levels: One
  • Roof: Metal
  • Stories: 1
  • Total Stories: 1
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other
Interior Features
  • Basement: Partial
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Fireplace Features: Free Standing
  • Total Fireplaces: 2
  • Has Fireplace: No
  • Flooring: Carpet, Vinyl
  • Heating: Propane, Wood
  • Has Heating: Yes
  • Interior Features: Ceiling Fan(s), Sauna
  • Total Rooms: 9
Room Information
Room 1
  • Dimensions: 11x19
  • Level: First
  • Type: Bedroom
Room 2
  • Level: First
  • Type: Bathroom
Room 3
  • Dimensions: 12x11
  • Level: First
  • Type: Bedroom
Room 4
  • Dimensions: 11x13
  • Level: First
  • Type: Kitchen
Room 5
  • Dimensions: 4x7
  • Level: First
Room 6
  • Dimensions: 22x12
  • Level: First
  • Type: Family Room
Room 7
  • Dimensions: 13x12
  • Level: First
Room 8
  • Dimensions: 15x15
  • Level: First
  • Type: Living Room
Room 9
  • Level: First
  • Type: Bathroom

Property History for 4851 Thompson Trail

DateEvent & SourcePriceAppreciation
Feb 28, 2020

Sold

Northwestern Wisconsin Multiple Listing Service #1538599

$65,000
Feb 27, 2020

Sold

Greater Northwoods MLS #182618

$65,000
Feb 5, 2020

Pending

Northwestern Wisconsin Multiple Listing Service #1538599

DateEvent & SourcePrice
02/28/2020

Sold

Northwestern Wisconsin Multiple Listing Service #1538599

$65,000
02/27/2020

Sold

Greater Northwoods MLS #182618

$65,000
02/05/2020

Pending

Northwestern Wisconsin Multiple Listing Service #1538599

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4851 Thompson Trail

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size20,909 SqFtStyleResidentialCountyIRONAPN12-2983-0000

Schools near 4851 Thompson Trail

This home is within Mercer School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Mercer School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4851 Thompson Trail, Mercer, WI 54547
$65,000
2
992
20,909
$65,000
20,909
435,600
322,344
$40,000
1,524,600
$75,000
3
1,118
217,800

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HILGART REALTY INC

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Northwoods Association of REALTORS®. IDX information is provided exclusively for the 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. Information deemed reliable but not guaranteed. Copyright © 2026 Northwoods Association of REALTORS®. All rights reserved.