Listed at
$364,900
$132/sqft

Dolph Heights Add

116 Ridgely Road, Mankato, MN, 56001
4  Bedrooms3  Bathrooms2,762  Square Feet0.482  Acres
Days on market40
Year built1950
Garage spaces2
TypeResidential
Est. $7,947buyer credit when you buy with SODL
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About this home

Rare to find a home within city limits situated on just under a half-acre ravine lot where the ravine doesn’t encroach on your backyard! Located on the secluded and quiet Ridgely Road, this home offers the best of both worlds—a peaceful, private setting with a backyard made for enjoying and entertaining. The spacious backyard features over 650 sqft of deck space, garden boxes, and a storage shed, giving you plenty of room to relax, garden, and gather with friends and family. Step inside and immediately feel at home, with a welcoming tiled foyer leading into the spacious living room featuring beautiful hardwood floors. Just off the living room, the kitchen overlooks the backyard and offers a sliding glass door that opens directly to the deck. Continue into the den, featuring natural woodwork and a gas fireplace to keep you cozy on those cold winter nights. The main level is completed by 3 bedrooms, a full bath, and a convenient half bath located just off a backyard entrance. The finished basement offers even more living space with a spacious family room, 4th bedroom, additional bathroom, utility room, and storage room. For those needing extra room for vehicles, hobbies, or storage, the two-stall tandem garage offers nearly 700 square feet of space, with heater installed. Recent updates include a new sump pump, front door, water heater, radon system, and basement I-beams. A rare combination of usable yard space, a beautiful ravine setting, extensive outdoor living, and a secluded location—this is one you won’t want to miss!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1950
LevelsOne
Living area2,762 sqft
Above-grade finished1,616 sqft
Below-grade finished1,146 sqft
Lot size0.482 acres (97.5x242.8x71x39.3x195.4)
Days on market40
ListedAug 20, 2026
MLS #NST7123950
CountyBlue Earth
SubdivisionDolph Heights Add
Parcel #R010918376016

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 41x17 · 697 sqft
Parking features
Attached Garage, Concrete, Garage Door Opener, Heated Garage, Tandem Garage
Patio & porch
Deck
Exterior features
Metal
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,346 sqft
Roof
Asphalt
Year built
1950

Utilities

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

Community & HOA

Subdivision
Dolph Heights Add
HOA
No HOA
School district
77 - Mankato
High school district
Mankato

Financial & listing details

Annual tax
$3,986 (2026)
Tax with assessments
4006
Listed
Aug 20, 2026
Days on market
40
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementBlock, Egress Window(s), Finished, Storage Space, Sump Pump
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Tile Floors
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorMetal
RoofAsphalt
FoundationBlock
Foundation area1,346 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCity Street, Curbs, No Outlet/Dead End, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener, Heated Garage, Tandem Garage
Garage spaces2
Garage size697 sqft

Financial details

Annual taxes$3,986
Tax year2026
Taxes w/ assessments4006
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District77 - Mankato
District number77
District phone5073871868
High schoolMankato
SODL flat fee brokerage
$7,947Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,947

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

$2,372/mo
Principal & interest$1,918
Property taxes$332
Home insurance (est.)$122
%
$72,980
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

116 Ridgely Road, Mankato, MN, 56001

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Listing information

MLS #NST7123950
StatusActive
Last updatedSep 15, 2026, 5:17 PM
Originally listedAug 20, 2026, 12:24 AM
Listing officeEdina Realty, Inc.

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.