Lori Gustafson

40499 520th Street

North Mankato, MN
$ 355,000 Beds 3 Baths 2 Sq 1,760
Monthly Estimate* How much can I afford?

Situated on .52 acres, this 3-bedroom, 2-bathroom home offers an attached 2-stall garage and a spacious open-concept main level. The kitchen features custom hickory cabinets, granite countertops, hardwood flooring, and stainless steel appliances. The upper level includes two bedrooms and a full bathroom, while the lower level offers a third bedroom, bathroom, and family room with a river rock gas fireplace. Enjoy the spacious, tree-filled yard with mature landscaping, summer shade, and beautiful fall colors. A 12x18 storage shed provides additional outdoor storage. Updates include new carpet in the lower level, new sewer line, new well pump, and new shower and tile in the lower bathroom.

Single Family

  • Price
  • $ 355,000
  • City
  • North Mankato
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • NICOLLET
  • Half Bathrooms
  • 0
  • Area
  • Oak Grove Sub
  • Lot Size
  • 0.518 Acres
  • Zip
  • 56003
  • Sqr Footage
  • 1,760
  • Year Built
  • 1974
  • Taxes
  • $ 2652
  • Style
  • Single Family
  • MLS#
  • 7139961
Listed By: True Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1760
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
Garage Spaces 2
Construction Materials Frame
Year Built 1974
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Nicollet
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Oak Grove Sub
Other Structures Storage Shed
Full Baths 1
Directions From Highway 14,take the Nicollet County 41 exit. Head south on Nicollet County 41,then take the roundabout and turn northwest onto 520th Street. Continue on 520th Street to 40499.
City North Mankato
High School District Mankato
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2652
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Center Island
PostalCity North Mankato

Interior Features

Basement Finished,Full,Sump Pump
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 960
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 3
Below Grade Finished Area 800
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
Garage Square Feet 480

Exterior Features

Parking Features Attached Garage
Lot Features Tree Coverage - Heavy
Water Source Private
Lot Size Area 0.518
Building Area Total 1920
Lot Dimensions 226x100
Waterfront Y/N No
Foundation Area 960

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/8/2026 Listed $365,000
9/17/2026 3% - $355,000

Property vs Zip Code Average in 56003

Price
AVG $350K
$360K
Taxes
AVG $3,437
$2,652
Year Built
AVG 1980
1974
Visits
AVG 48
3
Data Provided by Inside Real Estate®

Areas That We Cover

40499 520th Street North Mankato, MN is a Single Family Home for sale at $355000 with 1760 sqft and a lot size of 0.518 Acres Acre(s). 40499 520th Street North Mankato has 3 bedrooms, 2 baths and was built in 1974. The property's zip code is 56003 which is in North Mankato, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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