Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,388 (2026).

What school district is this property in?

This property is in the 414 - Minneota school district.

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property has been listed for 1 day.

Listed at

$142,500

$154/sqft

3rd Railroad Add

403 N Madison Street, Minneota, MN, 56264

2 Bedrooms1 Bathroom923 Square Feet0.189 Acres

Days on market1

Year built1920

Garage spaces3

TypeResidential

Est. $1,275buyer credit when you buy with SODL

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About this home

Welcome home to this accessible and quaint property located in the heart of Minneota. All living amenities are on the main floor, including two bedrooms, one bathroom, laundry, and an open layout between the living room and kitchen. There is a one-stall attached garage with a storage area, plus a detached two-stall garage off the alley with utilties connected for potential heater. You will love how low maintenace this property is with composite decking, updated landscaping, newer roof, and so much more! Call to schedule your showing today!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1920

LevelsOne

Living area923 sqft

Above-grade finished923 sqft

Below-grade finished0 sqft

Lot size0.189 acres (50x165)

Days on market1

ListedOct 5, 2026

MLS #NST7154279

CountyLyon

Subdivision3rd Railroad Add

Parcel #281060500

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: One
Garage: 3 spaces · 13x22 · 286 sqft
Parking features: Attached Garage, Detached Garage
Patio & porch: Composite Decking, Deck
Exterior features: Vinyl
Lot size: 0.189 acres

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 923 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1920

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Propane
Electric: 200+ Amp Service

Community & HOA

Subdivision: 3rd Railroad Add
HOA: No HOA
School district: 414 - Minneota
High school district: Minneota

Financial & listing details

Annual tax: $1,388 (2026)
Listed: Oct 5, 2026
Days on market: 1
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths0

3/4 baths1

Half baths0

1/4 baths0

BasementCrawl Space, Partial, Unfinished

HeatingForced Air

CoolingCentral Air

LaundryLaundry Closet, Main Level

AppliancesDishwasher, Range, Refrigerator, Stainless Steel Appliances, Washer

DiningEat In Kitchen

AccessibilityNone

Special featuresMain Floor Laundry

Exterior & lot

ExteriorVinyl

RoofAge 8 Years or Less, Asphalt

FoundationBlock

Foundation area923 sqft

Patio/porchComposite Decking, Deck

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelPropane

Parking & garage

ParkingAttached Garage, Detached Garage

Garage spaces3

Garage size286 sqft

Financial details

Annual taxes$1,388

Tax year2026

Taxes w/ assessments1388

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District414 - Minneota

District number414

District phone5078726532

High schoolMinneota

SODL flat fee brokerage

$1,275Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,275

Buyer-side commission

3.0%

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

$912/mo

Principal & interest$749

Property taxes$116

Home insurance (est.)$48

Down payment

$28,500

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.