Active

Price cut: $5K (9/23)

$374,900

513 Homestead Rd, Mankato, MN 56001

4beds

3,064sqft

$2,608/mo

Get pre-qualified

Single Family Residence

Built in 1984

9,583 Square Feet Lot

$369,600 Zestimate^®

$122/sqft

$-- HOA

What's special

Hardwood flooring

Need space! This four bedroom 2 bath home one owner home has two bedrooms and a full bathroom on each level of the main home. The upper level has hard wood flooring and there is a 42x16 Recreation Room with a gas fireplace above the 4-stall garage. The home has a 16x12 deck off the dining area with a view of Lion's Lake and Lion's Park. There is also a 14x12 patio area in the back yard. The seller had a retaining wall put in in 2018, added solar panels in 2019; new central air conditioning in 2020, new siding, patio door in the dining room, upper level windows, and added insulation in the attic and walls in 2024, and a new gas water heater in 2025. The solar panels provide enough power to keep the electric bills low. Ask for details.

30 days
494
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Bedroom

Level: Upper
Area: 134.54
Dimensions: 12.11 x 11.11

Bedroom 1

Level: Upper
Area: 116.26
Dimensions: 12.11 x 9.6

Bedroom 2

Level: Lower
Area: 141.9
Dimensions: 12.9 x 11

Bedroom 3

Level: Lower
Area: 104.34
Dimensions: 11.1 x 9.4

Dining room

Description: Combine w/ Kitchen
Features: Informal Dining Room, Open Floorplan
Level: Upper

Family room

Level: Lower
Area: 157.56
Dimensions: 15.6 x 10.1

Kitchen

Level: Upper
Area: 199.8
Dimensions: 18 x 11.1

Living room

Level: Upper
Area: 182.86
Dimensions: 15.1 x 12.11

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Gas Water Heater, Water Softener Owned

Features

Ceiling Fan(s), Vaulted Ceiling(s), Bath Description: Full Basement, Main Floor Full Bath, Upper Level Bath, Walk Thru
Flooring: Hardwood
Windows: Double Pane Windows
Basement: Finished,Sump Pump,Block,Full
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 2,861
Total interior livable area: 3,064 sqft
Finished area above ground: 2,036
Finished area below ground: 825

Property

Parking

Total spaces: 4
Parking features: Concrete, Attached, Garage Door Opener
Attached garage spaces: 4

Features

Levels: Bi-Level Split
Patio & porch: Patio
On waterfront: Yes
Waterfront features: Lake Front
Body of water: Pond
Frontage type: Waterfront

Lot

Size: 9,583 Square Feet
Dimensions: 80 x 120
Features: Few Trees

Details

Foundation area: 1028
Parcel number: R01.09.20.129.004
Other equipment: Air to Air Exchange

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame/Wood, Steel Siding
Roof: Asphalt

Condition

Previously Owned
New construction: No
Year built: 1984

Utilities & green energy

Electric: Fuses
Sewer: City
Water: Public

Community & HOA

Community

Security: Smoke Detector(s), Carbon Monoxide Detector(s)

Location

Region: Mankato

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $350,500
Annual tax amount: $4,066
Date on market: 9/9/2026
Listing terms: Cash,Conventional,DVA,FHA

Estimated market value

$369,600

$351,000 - $388,000

$2,388/mo

Price history

Date	Event	Price
9/23/2026	Price change	$374,900-1.3%$122/sqft
Source: RASM #267041424 Report a problem
9/9/2026	Listed for sale	$379,900+4121.1%$124/sqft
Source: RASM #267041424 Report a problem
12/26/2000	Sold	$9,000$3/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,724 -0.9%	$335,495 -1.8%
2024	$3,758 -0.2%	$341,500 -0.3%
2023	$3,766 +12.9%	$342,500 +4.5%
2022	$3,336 +1.5%	$327,600 +19.9%
2021	$3,286 +6.5%	$273,200 +7.9%
2020	$3,084	$253,100
2019	$3,084 +6.1%	$253,100 +5.7%
2018	$2,906 +9.5%	$239,400 +7.8%
2017	$2,654 +7.4%	$222,100 +2.2%
2016	$2,470 +10742.8%	$217,400 +1.7%
2015	$23 -99%	$213,800 +4.3%
2014	$2,364	$204,900 +2.7%
2013	--	$199,600 -3%
2011	--	$205,800 -9.9%
2010	--	$228,300