Lori Gustafson

513 Homestead Road

Mankato, MN
$ 374,900 Beds 4 Baths 2 Sq 2,861
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 374,900
  • City
  • Mankato
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • BLUE EARTH
  • Half Bathrooms
  • 0
  • Area
  • Southeast Village Sub 6
  • Lot Size
  • 0.22 Acres
  • Zip
  • 56001
  • Sqr Footage
  • 2,861
  • Year Built
  • 1984
  • Taxes
  • $ 4066
  • Style
  • Single Family
  • MLS#
  • 7141225
Listed By: Action Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2861
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Exhaust Fan,Microwave,Range,Refrigerator,Washer
Garage Spaces 4
Construction Materials Frame
Year Built 1984
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Blue Earth
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Southeast Village Sub 6
Full Baths 2
Directions Homestead Road goes between Monks and Pohl Road
City 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 4066
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Vaulted Ceiling(s)
PostalCity Mankato

Interior Features

Basement Block,Full
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2036
Total Bedrooms 4
Below Grade Finished Area 825
Total Baths 2
Bath Desc Full Primary,Main Floor Full Bath,Upper Level Full Bath,Walk Thru
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Dimensions 40x24
Garage Square Feet 960

Exterior Features

Parking Features Attached Garage,Concrete
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.22
Building Area Total 3064
Lot Dimensions 80x120
Waterfront Y/N Yes
Foundation Area 1028
Road Frontage Type City Street,Paved Streets,Sidewalks

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
Agent Photo

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

9/9/2026 Listed $379,900
9/23/2026 2% - $374,900

Property vs Zip Code Average in 56001

Price
AVG $390K
$370K
Taxes
AVG $4,028
$4,066
Year Built
AVG 1973
1984
Visits
AVG 72
4
Data Provided by Inside Real Estate®

Areas That We Cover

513 Homestead Road Mankato, MN is a Single Family Home for sale at $374900 with 2861 sqft and a lot size of 0.22 Acres Acre(s). 513 Homestead Road Mankato has 4 bedrooms, 2 baths and was built in 1984. The property's zip code is 56001 which is in 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

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy