Welcome home to this inviting two-bedroom, two-bath property ideally situated on a desirable corner lot in Redwood Falls, just minutes from the golf course and beautiful Ramsey Park.
The main floor offers two comfortable bedrooms and a full bath, along with a bright and welcoming four-season room perfect for enjoying Minnesota’s seasons year-round. You’ll also appreciate the separate dining area, providing a dedicated space for family meals and entertaining.
The lower level expands your living space with a spacious family room, a second bathroom, and a laundry room. There is also great storage throughout the basement, plus additional space that offers the potential to create a third bedroom, home office, or flex room to fit your needs.
A single-stall garage adds convenience, and the shed gives you great storage space. With its prime location and flexible layout, this home is full of comfort, function, and opportunity.
Active
Price cut: $4.5K (7/22)
$140,000
402 E Walnut St, Redwood Falls, MN 56283
2beds
1,587sqft
:
Get pre-qualified$972/mo
Single Family
Built in 1946
7,797 Square Feet Lot
$137,600 Zestimate®
$88/sqft
$-- HOA
What's special
- 148 days |
- 428 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Tina Giernet 507-430-2251,
Truly Home Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7025217
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bathroom
- Level: Main
Bathroom
- Level: Lower
Dining room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Family room
- Level: Lower
- Area: 234 Square Feet
- Dimensions: 18x13
Other
- Level: Main
- Area: 157.5 Square Feet
- Dimensions: 17.5x9
Kitchen
- Level: Main
- Area: 93.5 Square Feet
- Dimensions: 11x8.5
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Storage
- Level: Lower
Utility room
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement, Electric Dryer Hookup, Sink, Washer Hookup
Features
- Basement: Block,Daylight,Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,194
- Total interior livable area: 1,587 sqft
- Finished area above ground: 1,187
- Finished area below ground: 400
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Concrete, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 7,797 Square Feet
- Dimensions: 120 x 60
- Features: Corner Lot
Details
- Additional structures: Storage Shed
- Foundation area: 1187
- Parcel number: 888661140
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Watsons Second Add
HOA
- Has HOA: No
Location
- Region: Redwood Falls
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $125,000
- Annual tax amount: $1,466
- Date on market: 2/27/2026
Estimated market value
$137,600
$131,000 - $144,000
$1,300/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $140,000-3.1%$88/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7025217 Report a problem | ||
| 7/13/2026 | Price change | $144,500-2%$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7025217 Report a problem | ||
| 4/9/2026 | Price change | $147,500-1.7%$93/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7025217 Report a problem | ||
| 3/5/2026 | Listed for sale | $150,000+111.3%$95/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7025217 Report a problem | ||
| 8/2/2010 | Sold | $71,000$45/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1034899 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,466 +1.2% | $125,000 +2.7% |
| 2024 | $1,448 +24% | $121,700 +3.2% |
| 2023 | $1,168 +11% | $117,900 +16.7% |
| 2022 | $1,052 +16.9% | $101,000 +12.5% |
| 2021 | $900 | $89,800 +12.5% |
| 2020 | $900 | $79,800 +5.8% |
| 2019 | -- | $75,400 +2.7% |
| 2018 | -- | $73,400 |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56283
Nearby schools
GreatSchools rating
- 5/10Reede Gray Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 6/10Redwood Valley Middle SchoolGrades: 5-8Distance: 1.3 mi
- 6/10Redwood Valley Senior High SchoolGrades: 9-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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