Pending
$285,500
$94/sqft

Meurers Sub

100 Meadow Lane, Mankato, MN, 56001
4  Bedrooms3  Bathrooms3,026  Square Feet0.174  Acres
Days on market18
Year built1968
Garage spaces1
TypeResidential
Est. $5,565buyer credit when you buy with SODL

About this home

Rare opportunity with built-in income potential, main-level living, and unmatched flexibility! This standout property offers 4 bedrooms, 3 baths, and a highly adaptable layout designed to fit a wide range of lifestyles and investment strategies. Currently used as a single-family home, it functions beautifully as such while offering an easy conversion to an income-producing property if desired. The main level features two expansive living areas, three bedrooms, and convenient main-floor laundry—making it an excellent option for those seeking true main-level living without sacrificing space. A walk-through bath connects directly to the primary suite, adding both comfort and functionality. The lower level takes this home to another level with a private exterior entrance and a fully equipped setup including a full kitchen, large living/family room, bedroom, bonus room, second laundry area, and a ¾ bath with tiled shower—perfect for extended living or maximizing rental potential. What truly sets this property apart is its ACTIVE RENTAL LICENSE—ready for immediate use. Whether you're looking to owner-occupy while generating income, expand your investment portfolio, or simply enjoy the flexibility of additional living space, this property is positioned to deliver. Licensed, flexible properties close to amenities like this are rarely available and highly sought after – don’t miss out! Key updates include a new roof (2022), furnace (2018), and siding (2010), offering added peace of mind. Outside, you’ll find a fenced yard and a shed with electricity—ideal for storage, hobbies, or a workspace. Located just minutes from campus, shopping, and dining, this property combines location, functionality, and income potential in one compelling package.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1968
LevelsOne
Living area3,026 sqft
Above-grade finished1,568 sqft
Below-grade finished1,458 sqft
Lot size0.174 acres (88x80)
Days on market18
ListedAug 25, 2026
MLS #NST7132675
CountyBlue Earth
SubdivisionMeurers Sub
Parcel #R010917352016

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
2 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer

Property

Levels / stories
One
Garage
1 space · 336 SF · 336 sqft
Parking features
Attached Garage
Patio & porch
Patio, Porch
Exterior features
Vinyl
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Concrete, Frame
Foundation
Block · 1,568 sqft
Year built
1968

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Meurers Sub
HOA
No HOA
School district
77 - Mankato
High school district
Mankato

Financial & listing details

Annual tax
$4,188 (2026)
Tax with assessments
4208
Listed
Aug 25, 2026
Days on market
18 · 85 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths0
3/4 baths2
Half baths1
1/4 baths0
BasementBlock, Egress Window(s), Finished, Full, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryLower Level, Main Level
AppliancesDishwasher, Dryer
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Patio, Porch, Washer/Dryer Hookup
AccessibilityGrab Bars In Bathroom, Roll-In Shower
Special features3 BR on One Level, Main Floor Laundry

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,568 sqft
Patio/porchPatio, Porch
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces1
Garage size336 sqft

Financial details

Annual taxes$4,188
Tax year2026
Taxes w/ assessments4208
Assessment pendingYes
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District77 - Mankato
District number77
District phone5073871868
High schoolMankato
SODL flat fee brokerage
$5,565Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,565

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,945/mo
Principal & interest$1,500
Property taxes$349
Home insurance (est.)$95
%
$57,100
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

100 Meadow Lane, Mankato, MN, 56001

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Listing information

MLS #NST7132675
StatusPending
Last updatedSep 18, 2026, 7:47 PM
Originally listedAug 25, 2026, 1:08 PM
Listing officeTrue Real Estate

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.