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 $3,428 (2025).

What school district is this property in?

This property is in the 761 - Owatonna 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 was listed for 54 days.

Sold / Closed

$275,000

Sold price · Closed Sep 9, 2026

$191/sqft

Replat Of Highland Park - Cham

509 E Academy Street, Owatonna, MN, 55060

3 Bedrooms2 Bathrooms1,494 Square Feet0.201 Acres

Days on market54

Year built1926

Garage spaces1

TypeResidential

Est. $5,550buyer credit when you buy with SODL

About this home

Welcome home! This house features stainless steel appliances, vinyl flooring, a fresh coat of exterior paint and new landscape rock. Primary bedroom with an en suite bathroom and laundry on the main floor. Unfinished basement for you to add additional square footage. Located just outside of downtown - close to all of the retail, recreation, and fun that Owatonna has to offer!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1926

LevelsOne and One Half

Living area1,494 sqft

Above-grade finished1,494 sqft

Below-grade finished0 sqft

Lot size0.201 acres (66 x 133)

Days on market54

ListedJun 12, 2026

MLS #NST7087976

CountySteele

SubdivisionReplat Of Highland Park - Cham

Parcel #171360123

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: One and One Half
Garage: 1 space · 352 sqft
Parking features: Detached Garage, Shared Driveway
Patio & porch: Patio
Exterior features: Wood
Other structures: Garage(s)

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Block
Foundation: Block · 850 sqft
Roof: Age 8 Years or Less
Year built: 1926

Utilities

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

Community & HOA

Subdivision: Replat Of Highland Park - Cham
HOA: No HOA
School district: 761 - Owatonna
High school district: Owatonna

Financial & listing details

Annual tax: $3,428 (2025)
Listed: Jun 12, 2026
Days on market: 54
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementBlock, Drain Tiled, Unfinished

HeatingForced Air

CoolingCentral Air

LaundryMain Level

AppliancesDryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer

DiningInformal Dining Room

AccessibilityNone

Exterior & lot

ExteriorWood

RoofAge 8 Years or Less

FoundationBlock

Foundation area850 sqft

Patio/porchPatio

Lot featuresTree Coverage - Light

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Shared Driveway

Garage spaces1

Garage size352 sqft

Financial details

Annual taxes$3,428

Tax year2025

Taxes w/ assessments3428

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$5,550Estimated buyer credit

SODL platform fee $3,000Your buyer credit $5,550

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

$1,878/mo

Principal & interest$1,498

Property taxes$286

Home insurance (est.)$95

Down payment

$57,000

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.