NOT LISTED FOR SALE

1501 S Franklin St New Ulm, MN 56073

New Ulm Area

Estimated Value: $264,000 - $291,000

3 Beds
2 Baths
2,272 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2026

Last sale price $275,000 $121 Per Sq Ft

Current estimated payment $1,748 / mo

51 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • 1 Car Attached Garage
  • New Ulm High School Rated 9+
  • Fenced Yard
  • 5-minute walk to South Park

About This Home

As of March 2026

Welcome to a beautiful 3 bed 2 bath Rambler! This home features a brand new kitchen, open floor plan, 2 generous bedrooms on the main floor with great closet space and a full bath. The basement has a wonderful family room and a 3rd bedroom and 3/4 bath along with a great laundry room and storage. The garage is a large one stall attached and heated and the yard is beautifully landscaped and fenced. You do not want to miss out on this one!

Last Agent to Sell the Property

Lisa Larson

BOCO REAL ESTATE INC. License #40052598 Listed on: 12/05/2025

Last Buyer's Agent

Kim Katzenmeyer

Keller Williams Realty Integrity NW License #40506003

Keller Williams Realty Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 50x101
  • Fenced Yard
  • Landscaped
  • Corner Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 00100212614140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Washer/Dryer Hookups, Double Pane Windows (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full
  • Assessments: Yes
  • Foundation Size: 1136
  • L V T Date: 12/08/2025
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Circuit Breaker
  • Parcel Number: 00100212614140
  • Stories: 1 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Open Floor Plan
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 17.8x12, On Level: Main
  • Room 2: Living Room, 19x12, On Level: Main
  • Room 3: Bedroom, 14x12, On Level: Main
  • Room 4: Bedroom, 12.7x12.3, On Level: Main
  • Room 5: Family Room, 39.7x11.5, On Level: Basement
  • Room 6: Bedroom, 14.10x13.8, On Level: Basement
  • Room 7: 10.4x9.2, On Level: Basement
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1136
  • Below Grade Finished Sq Ft: 1136
  • Tot Above Grade Sq Ft: 1136
  • Total Fin Square Footage: 2272
  • Total Square Footage: 2272
  • Tot Below Grade Sq Ft: 1136

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Square Footage: 408

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x101
  • Lot/Land Description: Corner Lot, Landscaped, Paved Streets

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2025
  • Tax Value: 2565.24

MLS Schools

  • School District: New Ulm #88

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2025
Closed on
Mar 6, 2026
Sold by
Bought by
Seller's Agent
Lisa Larson
BOCO REAL ESTATE INC.
Buyer's Agent
Kim Katzenmeyer
Keller Williams Realty Integrity NW
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%
Views
2694
Current Estimated Value
$274,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$416
Avg. Annual Appreciation
-0.37%
Original Mortgage
$230,000
Interest Rate
0.061%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 9, 2022
Sold by
Bought by
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 23, 2022
Sold by
Bought by
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$219,900
Sold Price
$219,900

Purchase Details

Listed on
Apr 20, 2022
Closed on
Apr 18, 2022
Sold by
Bought by
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$219,900
Sold Price
$219,900

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 10, 2014
Sold by
Bought by
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
LISA HOFFMANN
New Ulm Real Estate LLC
List Price
$114,900
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$128,000
Interest Rate
0.0413%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
0.0412%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 First American Mortgage Soluti
-- None Listed On Document
$219,900 None Listed On Document
-- None Listed On Document
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $230,000
Previous Owner $24,500
Previous Owner $128,000
Previous Owner $67,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2026 03/06/26 Sold $275,000 0.0% $121 / Sq Ft
01/25/2026 01/25/26 Pending -- -- --
12/05/2025 12/05/25 For Sale $274,900 +25.0% $121 / Sq Ft
05/23/2022 05/23/22 Sold $219,900 0.0% $97 / Sq Ft View Prior Sale
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $219,900 +91.4% $97 / Sq Ft
10/10/2014 10/10/14 Sold $114,900 0.0% $101 / Sq Ft View Prior Sale
08/14/2014 08/14/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $114,900 -- $101 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,878 $219,700 $29,800 $189,900
2024 $2,878 $204,800 $29,800 $175,000
2023 $2,768 $199,600 $29,800 $169,800
2022 $1,803 $151,600 $25,900 $125,700
2021 $1,798 $128,800 $25,900 $102,900
2020 $1,675 $129,600 $25,900 $103,700
2019 $1,627 $122,000 $25,200 $96,800
2018 $1,736 $120,800 $25,200 $95,600
2017 $1,434 $111,100 $25,200 $85,900
2016 $1,434 $106,029 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7039170

REALTOR® Association of Southern Minnesota

APN: 00100212614140

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