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 $2,056 (2026).

What school district is this property in?

This property is in the 635 - Milroy school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 0 days.

Listed at

$140,000

$142/sqft

502 Prospect Street

502 Prospect Street, Milroy, MN, 56263

2 Bedrooms1 Bathroom988 Square Feet0.439 Acres

Days on market0

Year built1965

Garage spaces1

TypeResidential

Est. $1,200buyer credit when you buy with SODL

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About this home

Welcome to 502 Prospect St in Milroy! This 2BD, 1BA home is both well maintained move in ready with some recent upgrades like fresh paint inside, and a newer water heater and furnace (2021). The lot is spacious and well tended!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1965

LevelsOne

Living area988 sqft

Above-grade finished988 sqft

Below-grade finished0 sqft

Lot size0.439 acres (19,125)

Days on market0

ListedOct 2, 2026

MLS #NST7154634

CountyRedwood

Parcel #852000360

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Range, Refrigerator, Water Softener Owned

Property

Levels / stories: One
Garage: 1 space · 364 sqft
Parking features: Attached Garage
Exterior features: Vinyl
Lot size: 0.439 acres
Lot dimensions: 19,125

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 988 sqft
Year built: 1965

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Propane

Community & HOA

HOA: No HOA
School district: 635 - Milroy
High school district: Milroy

Financial & listing details

Annual tax: $2,056 (2026)
Listed: Oct 2, 2026
Days on market: 0
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementFull

HeatingForced Air

CoolingCentral Air

AppliancesDishwasher, Range, Refrigerator, Water Softener Owned

DiningKitchen/Dining Room

AccessibilityNone

Exterior & lot

ExteriorVinyl

FoundationBlock

Foundation area988 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelPropane

Parking & garage

ParkingAttached Garage

Garage spaces1

Garage size364 sqft

Financial details

Annual taxes$2,056

Tax year2026

Taxes w/ assessments2056

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District635 - Milroy

District number635

District phone5073362563

High schoolMilroy

SODL flat fee brokerage

$1,200Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,200

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

$954/mo

Principal & interest$736

Property taxes$171

Home insurance (est.)$47

Down payment

$28,000

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.