Sold / Closed
$415,000

Sold price · Closed Jun 30, 2026

$172/sqft

Inver Grove Estates

7531 Banning Way, Inver Grove Heights, MN, 55077
5  Bedrooms3  Bathrooms2,464  Square Feet0.636  Acres
Days on market59
Year built1988
Garage spaces2
TypeResidential
Est. $9,750buyer credit when you buy with SODL

About this home

This home offers a warm, functional layout with a spacious kitchen featuring painted cabinetry, stainless steel appliances, generous counter space, and a charming custom bay window bench near the breakfast nook. The peninsula counter keeps the kitchen connected to the dining area, making everyday meals and entertaining easy. Spacious bedrooms provide comfortable retreats, while the recently finished lower level adds flexible living space, including a custom reading spot perfect for quiet moments or a cozy retreat. The walkout leads to a tiered backyard that opens to mature trees and peaceful open space with no homes directly behind, creating a private setting that feels calm and inviting.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1988
LevelsSplit Entry (Bi-Level)
Living area2,464 sqft
Above-grade finished1,352 sqft
Below-grade finished1,112 sqft
Lot size0.636 acres (0)
Days on market59
ListedApr 30, 2026
MLS #NST6804841
CountyDakota
SubdivisionInver Grove Estates
Parcel #203640004080

Facts & features

Interior

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

Property

Levels / stories
Split Entry (Bi-Level)
Garage
2 spaces · 528 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Patio & porch
Deck
Exterior features
Cedar, Cement Board
Fencing
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete
Foundation
Block · 1,352 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1988

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Inver Grove Estates
HOA
No HOA
School district
199 - Inver Grove Hts. Community Schools
High school district
Inver Grove Hts. Community Schools

Financial & listing details

Annual tax
$3,912 (2024)
Listed
Apr 30, 2026
Days on market
59
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Drain Tiled, Finished, Full, Walkout
HeatingForced Air
CoolingCentral Air
LaundryLower Level
AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningEat In Kitchen
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorCedar, Cement Board
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Foundation area1,352 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage
Garage spaces2
Garage size528 sqft

Financial details

Annual taxes$3,912
Tax year2024
Taxes w/ assessments3912
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District199 - Inver Grove Hts. Community Schools
District number199
District phone6513067800
High schoolInver Grove Hts. Community Schools
SODL flat fee brokerage
$9,750Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,750

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

$2,701/mo
Principal & interest$2,234
Property taxes$326
Home insurance (est.)$142
%
$85,000
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

7531 Banning Way, Inver Grove Heights, MN, 55077

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Listing information

MLS #NST6804841
StatusClosed
Last updatedJun 30, 2026, 8:09 PM
Originally listedMay 2, 2026, 12:00 AM
Listing officeRealty ONE Group SIMPLIFIED

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.