501 E Lyon Street

Minneota, MN
$ 295,000 Beds 5 Baths 2 Sq 2,778
Monthly Estimate* How much can I afford?

This beautifully maintained 5-bedroom, 2-bathroom home offers the rare combination of historic charm and modern peace of mind. Major improvements made while at the same time preserving it’s original character include 30-year shingles installed in 2018, updated boiler and central air systems, replaced sewer and water lines, refreshed exterior paint, low-maintenance composite decking, a converted gas fireplace, and updated GE Slate kitchen appliances. Situated on a large corner lot with a drive-through driveway, attached garage, and rare underground tandem garage featuring an original fireproof door, the home showcases stunning original woodwork, pocket French doors, abundant built-ins, and beautifully refinished oak and maple hardwood floors protected with a durable gymnasium-grade finish. Thoughtfully updated custom kitchen was designed to complement the home's original character, while multiple living spaces, a sunroom, den/hearth room, formal dining room, four upstairs bedrooms, bonus room, screened porch, and exceptional storage provide space to live, gather, and grow. Surrounded by mature trees, perennial gardens, and beautiful landscaping, this distinctive property blends timeless craftsmanship with meaningful modern updates, creating a home that is as practical as it is charming.

Single Family

  • Price
  • $ 295,000
  • City
  • Minneota
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • LYON
  • Half Bathrooms
  • 0
  • Area
  • Wm Anderson Add
  • Lot Size
  • 0.492 Acres
  • Zip
  • 56264
  • Sqr Footage
  • 2,778
  • Year Built
  • 1920
  • Taxes
  • $ 3754
  • Style
  • Single Family
  • MLS#
  • 7148740
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2778
Sewer City Sewer/Connected
Heating Baseboard,Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle
Appliances Chandelier,Dishwasher,Disposal,Electric Water Heater,Freezer,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 3
Construction Materials Frame
Year Built 1920
Electric Circuit Breakers,150 Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 280360011
County Lyon
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Wm Anderson Add
Directions From MN Hwy 68,north on Grant St- home is on corner of Grant and E Lyon.
City Minneota
High School District Minneota
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3754
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Sun Room,Walk-Up Attic
PostalCity Minneota

Interior Features

Basement Full,Sump Pump,Unfinished
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2778
3/4 Baths 2
Laundry Features Main Level
Total Bedrooms 5
Total Baths 2
Bath Desc Main Floor 3/4 Bath,Upper Level 3/4 Bath
Dining Room Description Breakfast Area,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 23'x19',11'3x43'7
Garage Square Feet 930

Exterior Features

Parking Features Attached Garage,Gravel,Multiple Garages,Tandem Garage,Tuckunder Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.492
Building Area Total 3738
Lot Dimensions 100x148,46x176
Waterfront Y/N No
Foundation Area 1602
Road Frontage Type City Street
Road Responsibility Public Maintained Road

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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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

9/23/2026 Listed $295,000

Property vs Zip Code Average in 56264

Price
AVG $250K
$300K
Taxes
AVG $2,413
$3,754
Year Built
AVG 1936
1920
Visits
AVG 5
2
Data Provided by Inside Real Estate®

501 E Lyon Street Minneota, MN is a Single Family Home for sale at $295000 with 2778 sqft and a lot size of 0.492 Acres Acre(s). 501 E Lyon Street Minneota has 5 bedrooms, 2 baths and was built in 1920. The property's zip code is 56264 which is in Minneota, 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.