227 1st Street Nw

Elbow Lake, MN
$ 140,000 Beds 3 Baths 1 Sq 1,120
Monthly Estimate* How much can I afford?

Charming 3-Bedroom Home with Lake Views in Elbow Lake Discover this cute and inviting three-bedroom home featuring a spacious, updated kitchen perfect for cooking and entertaining. The full, unfinished basement offers plenty of storage or future expansion potential. Forced air heat and central air conditioning. Enjoy outdoor living on the large composite deck while taking in the beautiful lake views. Located within the City of Elbow Lake, this property offers convenience, comfort, and scenery all in one. A great opportunity you won’t want to miss!

Single Family

  • Price
  • $ 140,000
  • City
  • Elbow Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • GRANT
  • Half Bathrooms
  • 0
  • Area
  • Pioneer Add
  • Lot Size
  • 0.207 Acres
  • Zip
  • 56531
  • Sqr Footage
  • 1,120
  • Year Built
  • 1964
  • Taxes
  • $ 1112
  • Style
  • Single Family
  • MLS#
  • 6801239
Listed By: Central MN Realty LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1120
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Range,Refrigerator
Year Built 1964
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Grant
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Pioneer Add
Full Baths 1
Directions From MN 79 in Elbow Lake take 2nd St NW left to 1st St NW to property on end of road.
City Elbow Lake
High School District West Central Area
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1112
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Elbow Lake

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1120
Total Bedrooms 3
Total Baths 1
Dining Room Description Eat In Kitchen
Fuel Propane

Exterior Features

Parking Features Concrete
Water Source City Water/Connected
Lot Size Area 0.207
Building Area Total 2040
Lot Dimensions 148x60x61x148
Waterfront Y/N No
Foundation Area 1120

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
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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

11/20/2025 Listed $160,000
3/31/2026 1% - $159,000
4/30/2026 3% - $155,000
5/20/2026 4% - $149,900
6/2/2026 4% - $145,000
8/15/2026 4% - $140,000

Property vs Zip Code Average in 56531

Price
AVG $320K
$140K
Taxes
AVG $2,750
$1,112
Year Built
AVG 1956
1964
Visits
AVG 273
122
Data Provided by Inside Real Estate®

227 1st Street Nw Elbow Lake, MN is a Single Family Home for sale at $140000 with 1120 sqft and a lot size of 0.207 Acres Acre(s). 227 1st Street Nw Elbow Lake has 3 bedrooms, 1 baths and was built in 1964. The property's zip code is 56531 which is in Elbow Lake, 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.