Opportunity knocks! This charming property offers a fantastic chance to build equity with some TLC. Perfect for investors or handy buyers looking for their next project, this home sits on a large, beautiful lot with plenty of outdoor space to enjoy or expand upon. The exterior already has a great start with vinyl siding, updated shingles, and some newer windows. Inside, you'll find a welcoming front porch, a spacious living room, a full bathroom on the main level, and an open kitchen/dining area ready for your personal touch. The large laundry/back entry space has great potential and could easily be converted into a second bedroom or office. Upstairs, a flexible landing area offers the perfect space for a playroom, office, or second living space and leads to a private bedroom. The unfinished basement is a blank canvas—add bedrooms, a family room, or extra storage to maximize value. With solid bones and room to grow, this property is the perfect canvas for your vision. Don’t miss your chance to bring this home back to life! This property is being sold AS-IS.
Closed
$25,000
408 N Jefferson St, Minneota, MN 56264
1beds
1,932sqft
Single Family
Built in 1898
8,232 Square Feet Lot
$25,200 Zestimate®
$13/sqft
$895 Estimated rent
Home value
$25,200
Estimated sales range
Not available
$895/mo
Zestimate® history
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$128/mo
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List your homeWhat's special
Welcoming front porchLarge beautiful lotUnfinished basementFlexible landing areaNewer windowsUpdated shingles
Zillow last checked:
Listing updated:
Listed by:
KaLea Swenson – The Deutz Group 507-531-6069,
Edina Realty, Inc.
Bought with:
Tracy Steinberg
ERA Gillespie Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6720096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 142.6 Square Feet
- Dimensions: 11.5x12.4
Bathroom
- Level: Main
- Area: 60.04 Square Feet
- Dimensions: 7.6x7.9
Flex room
- Level: Upper
- Area: 125.28 Square Feet
- Dimensions: 11.6x10.8
Foyer
- Level: Main
- Area: 96.25 Square Feet
- Dimensions: 5.5x17.5
Kitchen
- Level: Main
- Area: 174.23 Square Feet
- Dimensions: 13.10x13.3
Laundry
- Level: Main
- Area: 134.83 Square Feet
- Dimensions: 9.7x13.9
Living room
- Level: Main
- Area: 234.08 Square Feet
- Dimensions: 15.4x15.2
Heating
- Boiler
Cooling
- Window Unit(s)
Appliances
- Laundry: Laundry Room, Main Level
Features
- Basement: Storage Space
- Has fireplace: No
Interior area
- Total structure area: 1,932
- Total interior livable area: 1,932 sqft
- Finished area above ground: 1,212
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
Lot
- Size: 8,232 Square Feet
- Dimensions: 50 x 165
- Features: Tree Coverage - Light
Details
- Foundation area: 720
- Parcel number: 281060550
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: 3rd Railroad Add
HOA
- Has HOA: No
Location
- Region: Minneota
Financial & listing details
- Price per square foot: $13/sqft
- Tax assessed value: $8,000
- Annual tax amount: $3,154
- Date on market: 5/23/2025
- Cumulative days on market: 306 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $25,000-28.6%$13/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6720096 Report a problem | ||
| 3/26/2026 | Pending sale | $35,000$18/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6720096 Report a problem | ||
| 1/23/2026 | Price change | $35,000-17.6%$18/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6720096 Report a problem | ||
| 6/12/2025 | Price change | $42,500-14.8%$22/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6720096 Report a problem | ||
| 5/23/2025 | Listed for sale | $49,900+2835.3%$26/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6720096 Report a problem | ||
| 12/12/2016 | Sold | $1,700$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $8,000 -87.7% |
| 2024 | $4,054 -0.4% | $65,000 -0.2% |
| 2023 | $4,072 +2.1% | $65,100 +12.4% |
| 2022 | $3,990 +2.8% | $57,900 +29.2% |
| 2021 | $3,882 +4.9% | $44,800 +9.5% |
| 2020 | $3,700 | $40,900 +31.5% |
| 2019 | -- | $31,100 +5.4% |
| 2018 | -- | $29,500 +82.1% |
| 2017 | -- | $16,200 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56264
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Nearby schools
GreatSchools rating
- 8/10Minneota Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 9/10Minneota SecondaryGrades: 7-12Distance: 0.2 mi
- Minnesota
- Lyon County
- Minneota
- 56264
- 408 N Jefferson St
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