Lori Gustafson

416 1st Street Sw

New Richland, MN
$ 189,900 Beds 3 Baths 1.5 Sq 1,431 Virtual Tour
Monthly Estimate* How much can I afford?

Great location! This comfortable 3-bedroom home is situated on a quiet street. Main floor features spacious living room open to the dining room, perfect for entertaining. Close to downtown, parks and school. Small town living at its finest. Schedule your showing today!

Single Family

  • Price
  • $ 189,900
  • City
  • New Richland
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • WASECA
  • Half Bathrooms
  • 1
  • Area
  • Ziegers 2nd Add
  • Lot Size
  • 0.179 Acres
  • Zip
  • 56072
  • Sqr Footage
  • 1,431
  • Year Built
  • 1900
  • Taxes
  • $ 26
  • Style
  • Single Family
  • MLS#
  • 7143828
Listed By: Leland Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1431
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dryer,Gas Water Heater,Range,Refrigerator,Washer
Garage Spaces 1
Pool Features None
Year Built 1900
Electric Circuit Breakers
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Waseca
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Ziegers 2nd Add
Directions From Albert Lea head north on Hwy 13 to New Richland. From Hwy 13 turn left onto SE 2nd St.,then right onto S Cedar Ave.,then left on 1st. SW. Home will be on the left.
City New Richland
High School District N.R.H.E.G.
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 26
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=n6bYzeuebb7&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Kitchen Window,Porch,Washer/Dryer Hookup
PostalCity New Richland

Interior Features

Basement Full,Sump Pump,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1431
Half Baths 1
3/4 Baths 1
Laundry Features In Basement,Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
Total Baths 2
Bath Desc 1/2 Basement,Upper Level 3/4 Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Square Feet 400

Exterior Features

Fencing None
Parking Features Detached Garage,Concrete,Shared Garage/Stall
Water Source City Water/Connected
Lot Size Area 0.179
Building Area Total 2249
Lot Dimensions 52x150
Waterfront Y/N No
Foundation Area 818

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

9/18/2026 Listed $189,900

Property vs Zip Code Average in 56072

Price
AVG $380K
$190K
Year Built
AVG 1963
1900

Areas That We Cover

416 1st Street Sw New Richland, MN is a Single Family Home for sale at $189900 with 1431 sqft and a lot size of 0.179 Acres Acre(s). 416 1st Street Sw New Richland has 3 bedrooms, 1 baths and was built in 1900. The property's zip code is 56072 which is in New Richland, 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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