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 $2,202 (2025).

What school district is this property in?

This property is in the 2897 - Redwood Area Schools 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 42 days.

Listed at

$49,900

$50/sqft

Lambertons Add

505 E Chestnut Street, Redwood Falls, MN, 56283

3 Bedrooms2 Bathrooms995 Square Feet0.165 Acres

Days on market42

Year built1907

Garage spaces1

TypeResidential

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About this home

As-is sale. Cash only. Property needs repairs and updating. Ideal for investor or renovation project. Buyer and buyer’s agent to verify all information.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1907

LevelsOne and One Half

Living area995 sqft

Above-grade finished995 sqft

Below-grade finished0 sqft

Lot size0.165 acres (60x120)

Days on market42

ListedApr 15, 2026

MLS #NST7055554

CountyRedwood

SubdivisionLambertons Add

Parcel #885330100

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 1/4
Heating: None
Cooling: None
Basement: Unfinished · 0 sqft finished

Property

Levels / stories: One and One Half
Garage: 1 space · 200 sqft
Parking features: Detached Garage
Exterior features: Wood
Lot size: 0.165 acres
Lot dimensions: 60x120

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Other · 995 sqft
Year built: 1907

Utilities

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

Community & HOA

Subdivision: Lambertons Add
HOA: No HOA
School district: 2897 - Redwood Area Schools
High school district: Redwood Area Schools

Financial & listing details

Annual tax: $2,202 (2025)
Listed: Apr 15, 2026
Days on market: 42 · 14 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths0

1/4 baths1

BasementUnfinished

HeatingNone

CoolingNone

AccessibilityNone

Exterior & lot

ExteriorWood

FoundationOther

Foundation area995 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size200 sqft

Financial details

Annual taxes$2,202

Tax year2025

Taxes w/ assessments2202

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2897 - Redwood Area Schools

District number2897

District phone5076448064

High schoolRedwood Area Schools

SODL flat fee brokerage

$0Estimated buyer credit

SODL platform fee $1,497Your buyer credit $0

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

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Estimated monthly payment

$462/mo

Principal & interest$262

Property taxes$184

Home insurance (est.)$17

Down payment

$9,980

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.