Welcome to 516 Elm, Lonsdale, MN 55406! This 5-bedroom, 2 bath home is ready for you to move in — everything is done! Features: Five Bedrooms: for larger living units or those needing extra space or home offices, Two Family Rooms: Perfect for relaxation, entertainment, and creating lasting memories, Recently Replaced Roof and Siding: Ensuring durability and minimizing maintenance concerns, Insulated 3 Car Garage: Great for protecting your vehicles and adding extra storage space. This home matches the needs of move up buyers such as those upgrading from a starter townhome. It is also an excellent choice for first-time buyers looking to purchase their first home — every detail has been meticulously cared for, allowing you to move right in. The property qualifies for first-time term forgivable buyer down payment grants ranging from $15,000 to $50,000 to help hardworking people achieve the American Dream! Additionally, there are options for $0 down financing for qualified buyers. These financial incentives make this home an attractive option for those looking to make their first real estate investment. Lonsdale, MN is a welcoming community known for its friendly residents and serene environment. The location at 516 Elm places you within easy reach of essential services, educational institutions, and recreational areas. Whether you are looking to take a stroll in a nearby park or access quality education for your children, everything is just a stone's throw away. Your also an easy commute to the Rice County, Steele County and Southern Twin City employment markets. The sellers have an offer on a home in the area and are looking to close by May 30. 2025. Experience Lonsdale where home are just a little more affordable compared to those 15 minutes away.
Closed
$373,000
516 Elm St NE, Lonsdale, MN 55046
5beds
2,208sqft
Single Family
Built in 2005
0.27 Acres Lot
$371,700 Zestimate®
$169/sqft
$2,510 Estimated rent
Home value
$371,700
$297,000 - $465,000
$2,510/mo
Zestimate® history
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$2,303/mo
Est. payment
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$2,303/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rodney D. Tietz 952-758-5030,
True Life Real Estate Solution
Bought with:
Hannah Aldrich
Keller Williams Select Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6696450
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
- Area: 140 Square Feet
- Dimensions: 10 x14
Bedroom 2
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 9 x10
Bedroom 3
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 9 x 10
Bedroom 4
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 5
- Level: Lower
- Area: 108 Square Feet
- Dimensions: 9 x 12
Dining room
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 11 x 9
Family room
- Level: Lower
- Area: 374 Square Feet
- Dimensions: 17 x22
Garage
- Level: Main
- Area: 609 Square Feet
- Dimensions: 21 X 29
Kitchen
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 9 x11
Laundry
- Level: Lower
- Area: 108 Square Feet
- Dimensions: 9 x 12
Living room
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14 x 14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Lower Level, Laundry Room, Washer Hookup
Features
- Basement: Daylight,Drain Tiled,Drainage System,Egress Window(s),Finished,Storage Space,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
- Finished area above ground: 1,104
- Finished area below ground: 996
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Garage, Garage Door Opener, Insulated Garage, Storage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22 x 30), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Size: 0.27 Acres
- Dimensions: 80 x 150
- Features: Tree Coverage - Light
Details
- Foundation area: 1104
- Parcel number: 1925226018
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: 150 Amp Service, Power Company: Steele-Waseca Co-op Electric
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Rolling Rdg
HOA
- Has HOA: No
Location
- Region: Lonsdale
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $326,500
- Annual tax amount: $3,702
- Date on market: 4/3/2025
- Cumulative days on market: 19 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $373,000+1.1%$169/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6696450 Report a problem | ||
| 4/24/2025 | Pending sale | $369,000$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6696450 Report a problem | ||
| 4/5/2025 | Listed for sale | $369,000+310%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6696450 Report a problem | ||
| 7/12/2011 | Sold | $90,000-56.1%$41/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1114790 Report a problem | ||
| 1/6/2006 | Sold | $205,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,796 +2.5% | $326,500 +4.7% |
| 2024 | $3,702 +16.2% | $311,700 +3.8% |
| 2023 | $3,186 +16.9% | $300,200 +19.1% |
| 2022 | $2,726 +4% | $252,000 +22.8% |
| 2021 | $2,620 +2.6% | $205,200 +4.3% |
| 2020 | $2,554 | $196,800 +1.7% |
| 2019 | $2,554 +2.3% | $193,500 +5% |
| 2018 | $2,496 +12.8% | $184,200 +9.2% |
| 2017 | $2,212 +0.6% | $168,700 +2.7% |
| 2016 | $2,198 | $164,200 +9.7% |
| 2015 | $2,198 +8.1% | $149,700 +6.5% |
| 2014 | $2,034 +21.2% | $140,600 |
| 2013 | $1,678 -10.9% | -- |
| 2012 | $1,884 | -- |
| 2011 | $1,884 +6.7% | -- |
| 2010 | $1,766 +2% | -- |
| 2009 | $1,732 +8.8% | -- |
| 2008 | $1,592 +16% | -- |
| 2007 | $1,372 +529.4% | -- |
| 2006 | $218 +179.5% | -- |
| 2004 | $78 | -- |
Find assessor info on the county website
Neighborhood: 55046
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Nearby schools
GreatSchools rating
- 6/10Lonsdale Pre K-6Grades: PK-6Distance: 1.4 mi
- 6/10Montgomery Pre K-8Grades: PK-8Distance: 8.3 mi
- 5/10Tri-City United High SchoolGrades: 9-12Distance: 8.6 mi
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Estimated market value
$371,700
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
$371,700
- Minnesota
- Rice County
- Lonsdale
- 55046
- 516 Elm St NE
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