$202,000
SOLD MAY 13, 2025

503 503 N Minnesota St New Ulm, MN 56073

4 Beds
2 Baths
2,971 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

4% Above List Price

19 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Porch
  • New Ulm High School Rated 9+
  • Formal Dining Room
  • 2-minute walk to Johnson Baseball Park

About This Home

As of May 2025

Need space? Check out this 4 bedroom, 2 bath brick home with almost 3000 square feet of finished space. It has 10' ceilings, natural woodwork trim, built-ins, pocket doors, hardwood flooring, newer windows, a 3-season porch, 4 bedrooms on the same floor with a full bathroom. The main floor has a 3/4 bath, a formal dining room, and a large living room area. There is also a 3rd level to the home with a large finished area that can be utilized as an extra bedroom if you need it. It has electrical breakers, hot water heat, gas water heater, and a wall air conditioner. Seller is a licensed Real Estate Agent.

Last Agent to Sell the Property

Clark Diel

ACTION REALTY OF MANKATO License #20337616 Listed on: 04/17/2025

Last Buyer's Agent

Samantha Olsen

TRUE REAL ESTATE License #40776147

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,008

Year Built

  • Built in 1903

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x82
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 2,971 Sq Ft Home
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Boiler Heating System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 00100107101010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,008

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Washer/Dryer Hookups, Combination Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.09
  • Construction: Previously Owned
  • Foundation Size: 1173
  • L V T Date: 04/17/2025
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 00100107101010
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Open Floor Plan
  • Appliances: Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 14x13, On Level: Main
  • Room 2: Living Room, 31x17, On Level: Main
  • Room 3: Dining Room, 15x14, On Level: Main
  • Room 4: Bathroom, 7x4, On Level: Main
  • Room 5: 3 Season Porch, 31x6, On Level: Main
  • Room 6: Primary Bedroom, 15x14, On Level: Second Floor
  • Room 7: 14x14, On Level: Second Floor
  • Room 8: Bedroom, 12x12, On Level: Second Floor
  • Room 9: Bedroom, 12x11, On Level: Second Floor
  • Room 10: Great Room, 27x19, On Level: Third Floor
  • Room 11: Bathroom, 8x5, On Level: Second Floor
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2971
  • Tot Above Grade Sq Ft: 3000
  • Total Fin Square Footage: 2971
  • Total Square Footage: 4173
  • Tot Below Grade Sq Ft: 1173

Exterior Features

  • Frontage Road: City
  • Construction Type: Poured Concrete
  • Exterior: Brick
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Utilities

  • Cooling: Wall, Window
  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x82
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1903

Tax Info

  • Year: 2025
  • Tax Value: 3008

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
May 13, 2025
Sold by
Diel Clark W and Diel Jane
Bought by
Watson Patricia and Sabala Halea
Seller's Agent
Clark Diel
ACTION REALTY OF MANKATO
Buyer's Agent
Samantha Olsen
TRUE REAL ESTATE
List Price
$195,000
Sold Price
$202,000
Premium/Discount to List
$7,000
3.59%
Views
27
Current Estimated Value
$206,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,138
Avg. Annual Appreciation
3.56%
Original Mortgage
$198,341
Outstanding Balance
$197,635
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$8,503

Purchase Details

Closed on
Dec 8, 2022
Sold by
Steinbach Jess and Steinbach Mariah
Bought by
Diel Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2021
Sold by
Breitkreutz Joseph A
Bought by
Steinbach Jesse and Steinbach Mariah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,105
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 2018
Sold by
Kraus Wendy and Kraus Steven
Bought by
Breitkrwutz Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2015
Sold by
Nicholas Nicholas
Bought by
Thomas Christine Christine
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

Date Type Sale Price Title Company
Warranty Deed $202,000 Minnesota River Valley Title
Warranty Deed $142,500 --
Deed $142,500 --
Warranty Deed $135,000 Minneosta River Valley Title
Warranty Deed $105,000 None Available
Deed $65,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,341 New Conventional
Previous Owner $109,000 New Conventional
Previous Owner $138,105 VA
Previous Owner $98,800 New Conventional
Closed $135,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $202,000 +3.6% $68 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $195,000 -- $66 / 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
2024 $3,008 $209,200 $24,300 $184,900
2023 $3,008 $197,100 $24,300 $172,800
2022 $2,112 $166,400 $21,200 $145,200
2021 $1,826 $145,800 $21,200 $124,600
2020 $1,776 $131,100 $21,200 $109,900
2019 $1,742 $127,600 $21,200 $106,400
2018 $2,426 $127,200 $21,200 $106,000
2017 $1,630 $101,000 $21,200 $79,800
2016 $758 $64,548 $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: 7037202

REALTOR® Association of Southern Minnesota

APN: 00100107101010