Does this property have an HOA?

Yes. The HOA fee is $120 per month.

What are the annual property taxes?

Annual property taxes are $5,428 (2026).

What school district is this property in?

This property is in the 413 - Marshall 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 25 days.

Listed at

$465,000

$138/sqft

Carr Estates

501 Mercedes Drive, Marshall, MN, 56258

5 Bedrooms4 Bathrooms3,372 Square Feet0.318 Acres

Days on market25

Year built2007

Garage spaces3

HOA / month$120

TypeResidential

Est. $10,950buyer credit when you buy with SODL

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About this home

Move-in ready home on spacious corner lot features impressive layout with 3 BR & 2.5 baths on main floor with laundry. Lower level boasts large, inviting family room with fireplace and built-in bar area, 2 more spacious BR & large mechanical/storage room with 2nd set of laundry hook-ups. The garage is yet another phenomenal factor of this property - 912 sq ft of finished/heated space!! Appliances, shed all stay. You will love coming home to this very low maintenance property with plenty of space for relaxation on the back deck, yard games & enjoyment of established landscaping. And, when cool weather comes - there is sufficient space for hosting football game nights, a billiards area, workout room, popcorn in front of the LL fireplace, board games or quiet reading time in various sitting areas. Kitchen is well designed for the chef in the house or a cookie baking event with friends!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2007

LevelsOne

Living area3,372 sqft

Above-grade finished1,892 sqft

Below-grade finished1,480 sqft

Lot size0.318 acres (113 x 116 x 112 x 134)

Days on market25

ListedAug 28, 2026

MLS #NST7135795

CountyLyon

SubdivisionCarr Estates

Parcel #271440270

Facts & features

Interior

Bedrooms: 5
Bathrooms: 4
Bath breakdown: 2 full / 1 3/4 / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories: One
Garage: 3 spaces · 34 x 25 · 912 sqft
Parking features: Attached Garage, Finished Garage, Heated Garage, Insulated Garage
Patio & porch: Composite Decking, Deck, Front Porch
Exterior features: Vinyl
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Poured Concrete · 1,892 sqft
Roof: Age Over 8 Years, Asphalt
Year built: 2007

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision: Carr Estates
HOA: $120/annual
HOA name: Majestic Pond Assoc
HOA phone: 5074016134
HOA includes: Other
School district: 413 - Marshall

Financial & listing details

Annual tax: $5,428 (2026)
Listed: Aug 28, 2026
Days on market: 25 · 2 cumulative
Manufactured home: Yes

Interior details

Total bathrooms4

Full baths2

3/4 baths1

Half baths1

1/4 baths0

BasementEgress Window(s), Finished, Full, Storage Space, Sump Pump

HeatingForced Air

CoolingCentral Air

LaundryLower Level, Laundry Room, Main Level

AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

DiningInformal Dining Room, Kitchen/Dining Room

AmenitiesCeiling Fan(s), Deck, Exercise Room, French Doors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

AccessibilityPartially Wheelchair

Special features3 BR on One Level, Divided Bdr Flr Plan, Main Floor Primary, Main Floor Laundry

Exterior & lot

ExteriorVinyl

RoofAge Over 8 Years, Asphalt

FoundationPoured Concrete

Foundation area1,892 sqft

Patio/porchComposite Decking, Deck, Front Porch

Lot featuresCorner Lot

Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Finished Garage, Heated Garage, Insulated Garage

Garage spaces3

Garage size912 sqft

Financial details

Annual taxes$5,428

Tax year2026

Taxes w/ assessments5428

Assessment pendingNo

HOA fee$120

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District413 - Marshall

District number413

District phone5075376924

High schoolMarshall

SODL flat fee brokerage

$10,950Estimated buyer credit

SODL platform fee $3,000Your buyer credit $10,950

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.

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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

$3,171/mo

Principal & interest$2,444

Property taxes$452

Home insurance (est.)$155

HOA fees$120

Down payment

$93,000

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.