This clean 4-bed, 2-bath home in central Mankato with a 5-unrelated rental license is a fantastic opportunity for both homeowners and investors alike. Featuring a spacious walk-out basement and numerous updates, this property offers comfort, convenience, and modern living. The main floor has a spacious living room, two large bedrooms, and a full bathroom. Enjoy brand new kitchen appliances and a new AC, all installed in the summer of 2024. The staircase leading to the basement has been upgraded with fresh carpet. The large family room in the basement features a cozy fireplace, bar, and 3/4 tiled bath. Two newly renovated bedrooms feature durable waterproof, mold-resistant laminate flooring, and the family room has also been updated with the same high-quality flooring. Individual heaters in the bedrooms allow for customizable heat setting. A large utility/laundry room and an expansive concrete storage room complete the lower level, with walk-out access to a private parking in the backyard. PLEASE NOTE: 5-unrelated rental license; New Attic A/C Unit (Summer 2024); New Refrigerator (2024), New Stove (2024), New Dishwasher (2024), New Staircase Carpeting (2024), Radon Mitigation System installed during previous purchase; 200 AMP electrical service.
Sold-inner office
$233,800
520 E Elm St, Mankato, MN 56001
4beds
2,264sqft
Single Family Residence
Built in 1959
5,227.2 Square Feet Lot
$255,800 Zestimate®
$103/sqft
$2,354 Estimated rent
Home value
$255,800
$238,000 - $276,000
$2,354/mo
Zestimate® history
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$1,177/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Nick Nathe,
Edina Realty Inc. Mankato,
Leah Nathe
Bought with:
Angie Elliott
Edina Realty Inc. Mankato
Source: RASM,MLS#: 7035935
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Bedroom
- Level: Main
- Area: 143
- Dimensions: 11 x 13
Bedroom 1
- Level: Main
- Area: 99
- Dimensions: 9 x 11
Bedroom 2
- Level: Basement
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Level: Basement
- Area: 90
- Dimensions: 10 x 9
Dining room
- Features: Combine with Kitchen
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Family room
- Level: Basement
- Area: 308
- Dimensions: 22 x 14
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Living room
- Level: Main
- Area: 240
- Dimensions: 20 x 12
Heating
- Baseboard, Space/Wall Heater, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Gas Water Heater
- Laundry: Washer/Dryer Hookups
Features
- Bath Description: 3/4 Basement, Main Floor Full Bath, Main Floor Bedrooms
- Basement: Daylight/Lookout Windows,Egress Windows,Finished,Walk-Out Access,Block,Full
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,952
- Total interior livable area: 2,264 sqft
- Finished area above ground: 976
- Finished area below ground: 976
Property
Parking
- Total spaces: 1
- Parking features: Concrete, Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Partial
Lot
- Size: 5,227 sqft
- Dimensions: 70 x 75
- Features: Few Trees, Paved
Details
- Foundation area: 976
- Parcel number: R01.09.07.477.015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Wood Siding
- Roof: Asphalt
Condition
- Year built: 1959
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Mankato
Other
Other facts
- Listing terms: Cash,Conventional,DVA,FHA
- Road surface type: Curb/Gutters, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2024 | Sold | $233,800-6.1%$103/sqft |
Source:  RASM #7035935 Report a problem | ||
| 10/7/2024 | Pending sale | $249,000$110/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6602313 Report a problem | ||
| 9/16/2024 | Listed for sale | $249,000+50.9%$110/sqft |
Source: RASM #7035935 Report a problem | ||
| 11/29/2018 | Sold | $165,000$73/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4993791 Report a problem | ||
| 11/1/2018 | Pending sale | $165,000$73/sqft |
Source: CENTURY 21 Atwood #7018766 Report a problem | ||
| 8/16/2018 | Listed for sale | $165,000$73/sqft |
Source: CENTURY 21 Atwood #7018766 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,978 -2.8% | $163,820 -17.3% |
| 2024 | $2,034 +3.5% | $198,200 |
| 2023 | $1,966 +12.2% | $198,200 +7.5% |
| 2022 | $1,752 +1.7% | $184,400 +17.5% |
| 2021 | $1,722 +5.6% | $156,900 +6.9% |
| 2020 | $1,630 | $146,800 |
| 2019 | $1,630 +11% | $146,800 +8.9% |
| 2018 | $1,468 +203.3% | $134,800 +2.4% |
| 2017 | $484 -73.5% | $131,700 +5.9% |
| 2016 | $1,828 +13089% | $124,400 +6.3% |
| 2015 | $14 -99.2% | $117,000 -65.8% |
| 2014 | $1,792 | $342,000 +200% |
| 2013 | -- | $114,000 +0.4% |
| 2012 | -- | $113,600 -4.8% |
| 2011 | -- | $119,300 |
| 2010 | -- | $119,300 |
Find assessor info on the county website
Neighborhood: 56001
Nearby schools
GreatSchools rating
- 9/10Franklin Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Washington
- Middle: Prairie Winds Middle
- High: Mankato East
- 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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- Minnesota
- Blue Earth County
- Mankato
- 56001
- 520 E Elm St
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