$293,000
SOLD AUG 15, 2025

123 Franklin Ave Owatonna, MN 55060

3 Beds
2 Baths
1,550 Sq Ft
0.32 Acres

Recently Sold

$189 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Deck
  • Home Office
  • Patio
  • No HOA
  • Stainless Steel Appliances
  • Entrance Foyer

About This Home

As of August 2025

Nestled on Franklin Ave, this beautifully maintained 2-story stucco home offers the perfect blend of classic 1930s character and tasteful modern updates—all just a short walk from downtown Owatonna. Step inside to a warm and inviting main level featuring original hardwood floors, a spacious living and dining area and French doors leading to a cozy office/den. The highlight of the main floor is the stunning, fully updated kitchen—boasting floor-to-ceiling white cabinetry, stainless steel appliances, a cooktop and wall oven, center island with a sink, and sleek black granite countertops. You'll also find a full bath, a welcoming entryway, and a versatile sunroom/mudroom. Upstairs, you’ll discover three comfortable carpeted bedrooms, a tiled 3⁄4 bath & two built-in hallway cabinets for extra storage. The unfinished basement provides even more storage space, a laundry area, and a convenient laundry chute! Step outside to enjoy the yard filled with perennial landscaping, a relaxing wood deck, and an aggregate patio—perfect for entertaining. The property also includes a two-stall detached garage, a storage shed, and a large concrete driveway. Updates: dishwasher 2025 & dryer 2023. Don’t miss your chance to own this charming home; call today to schedule your showing!

Last Agent to Sell the Property

Molly Erdman

Landmark Realtors, LLC Listed on: 06/16/2025

Last Buyer's Agent

Matthew Kern

RE/MAX Venture

RE/MAX Venture

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1936

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 83x63x83x63

Parking

  • 2 Car Garage

Home Design

  • Rubber Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Storage Room
  • Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Morehouse Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171120105

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1550
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Storage Space, Unfinished
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Water Softener Owned
  • Living Area: 1550
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Dining Room, Kitchen, Office, Sun Room, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Storage, Deck, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Rubber
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 396

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Owatonna
  • SchoolDistrictNumber: 761
  • SchoolDistrictPhone: 507-444-8610

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 83X63X83X63
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 171120105
  • Tax Annual Amount: 3874
  • TaxWithAssessments: 3938.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Owen Trust
Bought by
Schuster Katherine F and Herbst Adam P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Outstanding Balance
$159,899
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$129,041

Purchase Details

Closed on
Jul 10, 2008
Sold by
Owen John R and Mccomeskey Anne L
Bought by
Owen John R and Mccomeskey Anne L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $185,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,450 New Conventional
Closed $179,450 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $293,000 +1.0% $189 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $290,000 -- $187 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,700 $280,400 $39,800 $240,600
2023 $3,668 $256,300 $35,500 $220,800
2022 $3,204 $243,000 $34,600 $208,400
2021 $2,570 $194,824 $30,478 $164,346
2020 $2,478 $159,838 $30,478 $129,360
2019 $2,284 $149,450 $30,478 $118,972
2018 $2,054 $146,804 $25,578 $121,226
2017 $1,928 $134,456 $19,796 $114,660
2016 $1,918 $128,282 $19,796 $108,486
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6739125

NorthstarMLS

APN: 17-112-0105