NOT LISTED FOR SALE

1509 E Main St Mankato, MN 56001

Erlandson Park Neighborhood

Estimated Value: $214,000 - $241,000

3 Beds
1 Bath
2,496 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $185,000 $74 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,374/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Washington Elementary School Rated 9+
  • Double Pane Windows
  • 4-minute walk to Emerson Park

About This Home

As of July 2022

Charming three bedroom home located in the heart of Mankato with quick access to shopping, schools and parks. Completely move-in ready for its new owners to take possession! Main floor has a functional flow from the large front porch to living room/dining room and spacious kitchen. Upper level features two bedrooms and a full bathroom. Notable updates in the basement include: third bedroom with egress window, another room suitable for an office/TV room and laundry area. Basement was drain tiled, waterproofed and partially carpeted. Detached garage with extra space for storage. Exterior highlights a great backyard equipped with wonderful landscaping and a fire pit! Schedule your showing today!

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 06/08/2022

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1921

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 74x135x74x138

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R01.09.17.329.021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Double Pane Windows (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 20
  • Assessments: Yes
  • Foundation Size: 797
  • L V T Date: 06/09/2022
  • Mechanicals: Water Heater-Gas, Sump Pump, Circuit Breaker
  • Parcel Number: R01.09.17.329.021
  • Price Per Square Foot: 121
  • Sold Price Per Sq Ft: 124
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1394
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x11, On Level: Main
  • Room 2: Dining Room, 14x10, On Level: Main
  • Room 3: Kitchen, 12x11, On Level: Main
  • Room 4: Bedroom, 11x10, On Level: Upper
  • Room 5: Bedroom, 10x6, On Level: Upper
  • Room 6: Porch, 16x6, On Level: Main
  • Room 7: 11x10, On Level: Basement
  • Room 8: Other, 14x7, On Level: Basement
  • Basement Features: Drainage System, Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1488
  • Below Grade Finished Sq Ft: 1008
  • Tot Above Grade Sq Ft: 1008
  • Total Fin Square Footage: 2496
  • Total Square Footage: 1488
  • Tot Below Grade Sq Ft: 480

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 884

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato East, Washington

Lot Info

  • Estimated Lot Dimensions: 74x135x74x138

Building Info

  • Year Built: 1921

Tax Info

  • Year: 2022
  • Tax Value: 1374

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 22, 2022
Sold by
Mendenhall Michael and Mendenhall Sherlyn
Bought by
Leitheiser Cade
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$222,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,317
Avg. Annual Appreciation
3.20%
Original Mortgage
$166,500
Outstanding Balance
$159,269
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$45,293

Purchase Details

Listed on
Apr 13, 2015
Closed on
Nov 5, 2015
Sold by
Sheppard Jamie
Bought by
Mendenhall Michael R
Seller's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
Buyer's Agent
Kellie Krumwiede
Connect Real Estate Group
List Price
$122,500
Sold Price
$106,000
Premium/Discount to List
-$16,500
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$56,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Leitheiser Cade $185,000 --
Mendenhall Michael R $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leitheiser Cade $166,500
Previous Owner Mendenhall Michael R $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $185,000 +2.8% $74 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $179,900 +69.7% $72 / Sq Ft
11/05/2015 11/05/15 Sold $106,000 -13.5% $105 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $122,500 -- $122 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $2,340 $195,100 $35,900 $159,200
2024 $2,340 $168,700 $35,900 $132,800
2023 $2,384 $160,300 $35,900 $124,400
2022 $1,394 $160,300 $35,900 $124,400
2021 $1,406 $130,600 $35,900 $94,700
2020 $1,356 $126,800 $35,900 $90,900
2019 $1,314 $126,800 $35,900 $90,900
2018 $1,226 $123,500 $35,900 $87,600
2017 $1,036 $117,400 $35,900 $81,500
2016 $1,028 $107,700 $35,900 $71,800
2015 $9 $107,700 $35,900 $71,800
2014 $1,016 $101,400 $35,900 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Jen True

    Seller's Agent in 2022

    Jen True

    TRUE REAL ESTATE

    (507) 317-4433

    10 in this area

    463 Total Sales

    Jen True
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non-Member

  • Angie VanEman Lynch

    Seller's Agent in 2015

    Angie VanEman Lynch

    AMERICAN WAY REALTY

    (507) 381-8961

    5 in this area

    225 Total Sales

    Angie VanEman Lynch
    Section Image
  • Kellie Krumwiede

    Buyer's Agent in 2015

    Kellie Krumwiede

    Connect Real Estate Group

    (507) 399-9889

    3 in this area

    130 Total Sales

    Kellie Krumwiede
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7030082

REALTOR® Association of Southern Minnesota

APN: R01-09-17-329-021

Minnesota Blue Earth County Mankato 56001 Erlandson Park

1509 E Main St, Mankato, MN

This home is located at 1509 E Main St, Mankato, MN 56001 since 08 June 2022 and is currently estimated at $222,317, approximately $89 per square foot. This property was built in 1921. 1509 E Main St is a home located in Blue Earth County with nearby schools including Washington Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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