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  • Price cut: $20K (6/24)
    $365,000

    227 W 5th St, Mankato, MN 56001

    6beds
    3,869sqft
    : 
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    Single Family Residence
    Built in 1986
    8,276 Square Feet Lot
    $362,300 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    One-of-a-kind 6BR/3BA historic residence with 3-stall garage, rich architectural character, and flexible living spaces. Formerly theChurch of God, with records traced to 1924 via the Blue Earth County Historical Society. The original church foundation was reused, with a country church from Judson, MN rebuilt on site in 1945. The church remained in use until 1986, when purchased by the current owner, a commercial construction carpenter who thoughtfully transformed the property. The former church altar remains in the living room as a striking focal point. Open-concept main level with kitchen featuring generous pantry space, original white hanging light fixtures from the church, spiral staircase, 2 main-floor bedrooms, and full bath with hot tub, heated floors, and laundry. The entire second floor was built during renovation, offering 2 bedrooms, full bath, balcony, stained glass from another church, and 2 leaded-glass windows from Colorado. Navy-blue room is a legal bedroom. Lower level has separate entrance, living area, kitchen, bath, and bedrooms; previously used as pastoral residence and later church spaces. Don't forget to check out the 3rd story deck overlooking the city/valley. Active rental license through 12-31-2026. Historic details include driveway lights from the City of Mankato, exterior lights from the original YMCA, and aged green metal elements salvaged from the former First National Bank roofline. Cobblestone drive, fenced yard, flower beds, patio. Across fromRoosevelt School, near parks, shopping, grocery, and worship. Quick close possible. in the late 1800's to 1900's Ringling Brother circus tied their elephants to a tree that was in this back yard- lot- farmland. The circus probably kept other livestock here as well. Data from Mankato Historical Society also provided. Circus stories from neighbors-community members.
    107 days
    |
    1,455
    |
    60
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    PAMELA DAVEY,

    Realty Executives Associates

    Source: RASM,MLS#: 7039738MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      Bedroom
      • Level: Main
      • Area: 183.15
      • Dimensions: 9.9 x 18.5
      Bedroom 1
      • Level: Main
      • Area: 123.12
      • Dimensions: 7.6 x 16.2
      Bedroom 2
      • Description: flex room
      • Level: Second
      • Area: 694.2
      • Dimensions: 26.7 x 26
      Bedroom 3
      • Description: flex room
      • Level: Second
      • Area: 421.2
      • Dimensions: 16.2 x 26
      Bedroom 4
      • Level: Lower
      • Area: 104.5
      • Dimensions: 9.5 x 11
      Bedroom 5
      • Level: Lower
      • Area: 136.35
      • Dimensions: 13.5 x 10.1
      Dining room
      • Features: Combine with Kitchen, Combine with Living Room, 2nd Kitchen, Open Floorplan
      • Level: Main
      • Area: 222.64
      • Dimensions: 18.4 x 12.1
      Family room
      • Level: Lower
      • Area: 104.5
      • Dimensions: 9.5 x 11
      Kitchen
      • Level: Main
      • Area: 121.6
      • Dimensions: 9.5 x 12.8
      Living room
      • Level: Main
      • Area: 712.64
      • Dimensions: 27.2 x 26.2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Gas Water Heater, Water Softener-None
      • Laundry: Washer/Dryer Hookups, Main Level
      Features
      • Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s), Mother-In-Law Apt. (L), Bath Description: 3/4 Basement, Main Floor Full Bath, Upper Level Bath, Whirlpool, Main Floor Bedrooms
      • Flooring: Hardwood, Tile
      • Windows: Combination Windows (L), Window Coverings
      • Basement: Daylight/Lookout Windows,Unfinished,Concrete,Full
      Interior area
      • Total structure area: 2,817
      • Total interior livable area: 3,869 sqft
      • Finished area above ground: 2,817
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved, Detached, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: 1.25 - 1.75 Story
      • Stories: 1
      • Patio & porch: Deck, Patio
      • Exterior features: Balcony
      • Fencing: Partial
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 120 x 72 x 120
      • Features: Corner Lot, Tree Coverage - Medium
      Details
      • Additional structures: Gazebo, Garage(s)
      • Foundation area: 1052
      • Parcel number: R01.08.13.330.019

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame/Wood, Metal Siding
      • Roof: Asphalt
      Condition
      • Previously Owned
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: City
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
      Location
      • Region: Mankato

      Financial & listing details

      • Price per square foot: $94/sqft
      • Tax assessed value: $422,300
      • Annual tax amount: $5,612
      • Date on market: 3/23/2026
      • Listing terms: Cash,Conventional,DVA,FHA
      • Road surface type: Paved

        Estimated market value

        $362,300

        $344,000 - $380,000

        $3,313/mo

        Price history

        DateEventPrice
        6/24/2026Price change$365,000-5.2%$94/sqft
        Source: RASM #7039738 Report a problem
        5/28/2026Price change$385,000-10.5%$100/sqft
        Source: RASM #7039738 Report a problem
        5/2/2026Price change$430,000-6.5%$111/sqft
        Source: RASM #7039738 Report a problem
        3/22/2026Price change$460,000-1.1%$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7040864 Report a problem
        2/13/2026Price change$465,000-7%$120/sqft
        Source: RASM #7039195 Report a problem
        12/13/2025Listed for sale$499,900$129/sqft
        Source: RASM #7039195 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,856 +4%$413,757 -11.2%
        2024$5,630 +0.4%$465,800 +3.5%
        2023$5,606 +35.1%$450,100 +5.7%
        2022$4,150 +5.5%$425,700 +27.9%
        2021$3,934 +1.4%$332,900 +7%
        2020$3,878 $311,000
        2019$3,878 +7.5%$311,000 +7.1%
        2018$3,606 +2.2%$290,400 +1.5%
        2017$3,528 +16.4%$286,100 +9.9%
        2016$3,030 +11535.9%$260,300
        2015$26 -99%$260,300 +13.1%
        2014$2,722 $230,200 0%
        2013-- $230,300
        2012-- $230,300 -0.9%
        2011-- $232,500 -4.5%
        2010-- $243,400

        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: 56001

        Getting around

        53 / 100
        Somewhat Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt
        • Middle: Dakota Meadows
        • High: Mankato West
        • District: Mankato #77

        Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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