Listed at
$295,000
$106/sqft

Wm Anderson Add

501 E Lyon Street, Minneota, MN, 56264
5  Bedrooms2  Bathrooms2,778  Square Feet0.492  Acres
Days on market6
Year built1920
Garage spaces3
TypeResidential
Est. $5,850buyer credit when you buy with SODL
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About this home

This beautifully maintained 5-bedroom, 2-bathroom home offers the rare combination of historic charm and modern peace of mind. Major improvements made while at the same time preserving it’s original character include 30-year shingles installed in 2018, updated boiler and central air systems, replaced sewer and water lines, refreshed exterior paint, low-maintenance composite decking, a converted gas fireplace, and updated GE Slate kitchen appliances. Situated on a large corner lot with a drive-through driveway, attached garage, and rare underground tandem garage featuring an original fireproof door, the home showcases stunning original woodwork, pocket French doors, abundant built-ins, and beautifully refinished oak and maple hardwood floors protected with a durable gymnasium-grade finish. Thoughtfully updated custom kitchen was designed to complement the home's original character, while multiple living spaces, a sunroom, den/hearth room, formal dining room, four upstairs bedrooms, bonus room, screened porch, and exceptional storage provide space to live, gather, and grow. Surrounded by mature trees, perennial gardens, and beautiful landscaping, this distinctive property blends timeless craftsmanship with meaningful modern updates, creating a home that is as practical as it is charming.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1920
LevelsTwo
Living area2,778 sqft
Above-grade finished2,778 sqft
Below-grade finished0 sqft
Lot size0.492 acres (100x148, 46x176)
Days on market6
ListedSep 22, 2026
MLS #NST7148740
CountyLyon
SubdivisionWm Anderson Add
Parcel #281260010

Facts & features

Interior

Bedrooms
5
Bathrooms
2
Bath breakdown
2 3/4
Heating
Baseboard, Forced Air
Cooling
Central Air
Appliances
Chandelier, Dishwasher, Disposal, Electric Water Heater, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
Two
Garage
3 spaces · 23'x19', 11'3x43'7 · 930 sqft
Parking features
Attached Garage, Gravel, Multiple Garages, Tandem Garage, Tuckunder Garage
Patio & porch
Composite Decking
Exterior features
Wood
Lot size
0.492 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block, Combination, Poured Concrete · 1,602 sqft
Roof
Age 8 Years or Less, Architectural Shingle
Year built
1920

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 150 Amp Service

Community & HOA

Subdivision
Wm Anderson Add
HOA
No HOA
School district
414 - Minneota
High school district
Minneota

Financial & listing details

Annual tax
$3,754 (2026)
Tax with assessments
3804
Listed
Sep 22, 2026
Days on market
6 · 106 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths0
3/4 baths2
Half baths0
1/4 baths0
BasementFull, Sump Pump, Unfinished
HeatingBaseboard, Forced Air
CoolingCentral Air
Fireplaces1
LaundryMain Level
AppliancesChandelier, Dishwasher, Disposal, Electric Water Heater, Freezer, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningBreakfast Area, Separate/Formal Dining Room
AmenitiesCeiling Fan(s), Deck, French Doors, Hardwood Floors, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch, Sun Room, Walk-Up Attic
AccessibilityNone
Special features4 BR on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorWood
RoofAge 8 Years or Less, Architectural Shingle
FoundationBlock, Combination, Poured Concrete
Foundation area1,602 sqft
Patio/porchComposite Decking
Lot featuresCorner Lot
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Gravel, Multiple Garages, Tandem Garage, Tuckunder Garage
Garage spaces3
Garage size930 sqft

Financial details

Annual taxes$3,754
Tax year2026
Taxes w/ assessments3804
Assessment pendingYes
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District414 - Minneota
District number414
District phone5078726532
High schoolMinneota
SODL flat fee brokerage
$5,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,850

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

$1,962/mo
Principal & interest$1,550
Property taxes$313
Home insurance (est.)$98
%
$59,000
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

501 E Lyon Street, Minneota, MN, 56264

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Listing information

MLS #NST7148740
StatusActive
Last updatedSep 23, 2026, 10:10 AM
Originally listedSep 22, 2026, 8:15 PM
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.