Charming 1950’s Rambler with Endless Potential – Priced to Sell! Step into this classic 2-bedroom, 2-bath rambler offering 1,080 sq. ft. of well-maintained living space. Lovingly cared for by a long-time owner, this home retains its original character and is ready for your personal touch.
Features include:
• Separate basement entrance – ideal for multi-tenant living or creating an income suite (property is zoned for both single-family and multi-tenant use).
• Spacious backyard – perfect for outdoor entertaining or future expansion.
• Solid structure with vintage charm, providing a fantastic canvas for updates and customization.
This AS-IS property is priced to sell and offers unlimited potential for investors, renovators, or anyone looking to create their dream home. Don’t miss this opportunity to own a piece of mid-century history with modern possibilities!
Closed
$165,000
409 Summit Ave, Silver Lake, MN 55381
2beds
1,728sqft
Single Family Residence
Built in 1956
0.29 Acres Lot
$168,300 Zestimate®
$95/sqft
$1,896 Estimated rent
Home value
$168,300
$126,000 - $224,000
$1,896/mo
Zestimate® history
Owner options
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$1,896/mo
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$1,896/mo
Rent Zestimate®
Refinance and save
$857/mo
Est. payment
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$857/mo
Est. payment
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List your homeWhat's special
Spacious backyardWell-maintained living spaceSeparate basement entrance
Zillow last checked:
Listing updated:
Listed by:
Cory J Gallagher 612-875-2057,
Hometown Realty, Inc
Bought with:
Barbara Mengelkoch
Kg Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7001175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 149.5 Square Feet
- Dimensions: 11.5x13
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Den
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 12x13
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Family room
- Level: Basement
- Area: 450 Square Feet
- Dimensions: 15x30
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9x12
Living room
- Level: Main
- Area: 319 Square Feet
- Dimensions: 14.5x22
Heating
- Baseboard, Boiler, Hot Water
Cooling
- Ductless Mini-Split
Appliances
- Included: Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: In Basement
Features
- Basement: Block,Drain Tiled,Partially Finished,Sump Basket,Sump Pump
- Has fireplace: No
- Fireplace features: Electric
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area above ground: 1,080
- Finished area below ground: 648
Property
Parking
- Total spaces: 1
- Parking features: Attached, Carport
- Attached garage spaces: 1
- Has carport: Yes
- Details: Garage Dimensions (16x22)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.29 Acres
- Dimensions: 98 x 129
- Features: Corner Lot
Details
- Additional structures: Storage Shed
- Foundation area: 1080
- Parcel number: 190800290
- Zoning description: Residential-Multi-Family,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Silver Lake
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $165,000-2.9%$95/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7001175 Report a problem | ||
| 1/14/2026 | Pending sale | $169,900$98/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7001175 Report a problem | ||
| 12/23/2025 | Listed for sale | $169,900$98/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7001175 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,996 +5.1% | $212,200 +19.8% |
| 2024 | $2,850 +4.2% | $177,200 |
| 2023 | $2,736 +7.3% | $177,200 -3.7% |
| 2022 | $2,550 +10% | $184,100 +16.7% |
| 2021 | $2,318 +1.6% | $157,700 +9.8% |
| 2020 | $2,282 +16.2% | $143,600 +3.3% |
| 2019 | $1,964 | $139,000 |
| 2018 | $1,964 +5.6% | -- |
| 2017 | $1,860 +12.7% | -- |
| 2016 | $1,650 -9.2% | -- |
| 2015 | $1,818 | -- |
| 2014 | $1,818 -11.9% | -- |
| 2013 | $2,064 | -- |
| 2012 | -- | -- |
| 2010 | $2,192 -6% | -- |
| 2009 | $2,332 | -- |
Find assessor info on the county website
Neighborhood: 55381
Nearby schools
GreatSchools rating
- 6/10Lakeside Elementary SchoolGrades: 3-6Distance: 0.3 mi
- 5/10Lincoln Junior High SchoolGrades: 7-8Distance: 9.4 mi
- 5/10Glencoe-Silver Lake Senior High SchoolGrades: 9-12Distance: 9.5 mi
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Estimated market value
$168,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$168,300
- Minnesota
- McLeod County
- Silver Lake
- 55381
- 409 Summit Ave
Nearby cities
Nearby zip codes
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