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  • Price cut: $10K (7/18)
    $239,900

    118 Franklin Ave, Owatonna, MN 55060

    3beds
    1,539sqft
    : 
    $1,591/mo
    Get pre-qualified
    Single Family
    Built in 1885
    7,535 Square Feet Lot
    $237,700 Zestimate®
    $156/sqft
    $-- HOA

    What's special

    New windowsNew rear storm doorCustom knotty alder cabinetryBay window repairsLinen storageStainless steel appliancesUpdated lighting throughout
    Recently remodeled 3-bedroom home. Custom knotty alder cabinetry, stainless steel appliances, updated hardware showcase the kitchen. A fully renovated bathroom includes a new vanity, linen storage, and a custom-tiled tub/shower surround with modern fixtures. Interior updates include luxury vinyl plank flooring in main areas, new carpet in bedrooms and living room, fresh paint, and updated lighting throughout. Rest easy knowing you have a brand-new furnace and central air conditioning system. Exterior improvements include new windows, soffits, siding and bay window repairs, and a new rear storm door. The 24x22 detached garage offers plenty of parking and work space. Photos may have AI editing to include staging.
    33 days
    |
    547
    |
    64
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debra L. Schmidt 507-390-4030,

    Help-U-Sell Heritage Real Est.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7102369MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Window Unit(s)
      Features
      • Basement: Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,938
      • Total interior livable area: 1,539 sqft
      • Finished area above ground: 1,539
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Garage spaces: 1
      • Details: Garage Dimensions (24x22)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      Lot
      • Size: 7,535 Square Feet
      • Dimensions: 66 x 115
      Details
      • Foundation area: 1108
      • Parcel number: 171120203
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 1885

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Morehouse
      HOA
      • Has HOA: No
      Location
      • Region: Owatonna

      Financial & listing details

      • Price per square foot: $156/sqft
      • Tax assessed value: $140,800
      • Annual tax amount: $1,574
      • Date on market: 7/1/2026
      • Cumulative days on market: 106 days

        Estimated market value

        $237,700

        $226,000 - $250,000

        $1,802/mo

        Price history

        DateEventPrice
        7/18/2026Price change$239,900-4%$156/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7102369 Report a problem
        6/5/2026Price change$249,900-3.8%$162/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7048964 Report a problem
        4/3/2026Listed for sale$259,900+106.3%$169/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7048964 Report a problem
        10/3/2025Sold$126,000-23.6%$82/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem
        9/30/2025Pending sale$164,900$107/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem
        9/24/2025Price change$164,900-2.9%$107/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem
        9/15/2025Price change$169,900-2.9%$110/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem
        8/27/2025Price change$174,900-2.8%$114/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem
        8/19/2025Listed for sale$179,900$117/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6775301 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,574 -7.5%$140,800 +6.7%
        2024$1,702 +4.3%$132,000 +0.2%
        2023$1,632 +21.2%$131,700 +6.8%
        2022$1,346 +7%$123,300 +23.5%
        2021$1,258 -0.6%$99,800 +5.9%
        2020$1,266 +36.4%$94,200 +4.8%
        2019$928 -4.5%$89,866 +18.5%
        2018$972 +7.5%$75,852 -3%
        2017$904 $78,204 +4.7%
        2016-- $74,676
        2015-- --
        2014-- --
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55060

        Getting around

        58 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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