Lori Gustafson

316 West Street

New Ulm, MN
$ 299,999 Beds 5 Baths 1.5 Sq 1,686
Monthly Estimate* How much can I afford?

Welcome to 316 West St in New Ulm! This move-in-ready 5-bedroom, 2-bath home offers a great combination of space, updates, and functionality.The main floor features two bedrooms, with three additional bedrooms upstairs. Fresh paint throughout and modern touches in the kitchen and bathrooms give the home a fresh, updated feel. The newly refinished basement provides additional usable space ready to fit your needs. Outside, enjoy fresh exterior paint and the bonus of two garages offering plenty of room for vehicles, storage, or hobbies. Located just one block from the hospital and conveniently close to New Ulm amenities. So much has already been done—come take a look!

Single Family

  • Price
  • $ 299,999
  • City
  • New Ulm
  • Bedrooms
  • 5
  • Full Bathrooms
  • 1
  • County
  • BROWN
  • Half Bathrooms
  • 1
  • Area
  • Valley 1st Add
  • Lot Size
  • 0.17 Acres
  • Zip
  • 56073
  • Sqr Footage
  • 1,686
  • Year Built
  • 1960
  • Taxes
  • $ 2512
  • Style
  • Single Family
  • MLS#
  • 7144488
Listed By: True Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1686
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Range,Refrigerator,Washer
Garage Spaces 2
Construction Materials Frame
Year Built 1960
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Brown
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Valley 1st Add
Full Baths 1
Directions From Broadway in New Ulm,head west on 5th St N,then turn right onto West St. Property will be on your right at 316 West St.
City New Ulm
High School District New Ulm
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2512
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Washer/Dryer Hookup
PostalCity New Ulm

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1686
Half Baths 1
Total Bedrooms 5
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level 1/2 Bath
Foundation Dimensions 36x29x36x33
Fuel Natural Gas
Garage Dimensions 17x23
Garage Square Feet 391

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.17
Building Area Total 2810
Lot Dimensions 64x116
Waterfront Y/N No
Foundation Area 1124

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

9/15/2026 Listed $309,900
9/25/2026 4% - $299,999

Property vs Zip Code Average in 56073

Price
AVG $310K
$300K
Taxes
AVG $4,083
$2,512
Year Built
AVG 1961
1960
Visits
AVG 12
17
Data Provided by Inside Real Estate®

Areas That We Cover

316 West Street New Ulm, MN is a Single Family Home for sale at $299999 with 1686 sqft and a lot size of 0.17 Acres Acre(s). 316 West Street New Ulm has 5 bedrooms, 1 baths and was built in 1960. The property's zip code is 56073 which is in New Ulm, 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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