See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1408 Elm St, Alexandria, MN, 56308

4beds
2baths
1,426sqft
$269,000
$189price/sqft
$1,875/moest. monthly cost
$75,000/yrincome needed

About This Home

Welcome to this beautifully updated 4-bedroom, 2-bath home in one of Alexandria's most desirable locations—just steps from the popular Fillmore Park! Offering the perfect blend of comfort, convenience, and outdoor living, this home is ideal for families and anyone looking to enjoy everything the area has to offer. Inside, you'll find tasteful updates throughout, creating a move-in-ready space with plenty of room to spread out. Outside, the property features a fully fenced backyard and a large deck area, perfect for privacy, pets, play, and entertaining. A rare bonus is the two garages, including a spacious two-stall detached garage and an additional single-stall garage, providing ample space for vehicles, storage, or a workshop. Just outside your door, Fillmore Park offers something for everyone with its brand-new splash pad, fantastic playground, and youth baseball field. Plus, you're just minutes from schools, shopping, restaurants, lakes, and all the amenities Alexandria has to offer. Don't miss this opportunity to own a beautifully updated home in an unbeatable location!

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
6/10
8/10

Construction

Condition

  • Year built: 1989

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Egress Window(s),Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 300
  • Finished area above ground: 1,126

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,676
  • Total interior livable area: 1,426 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 632196000
  • Zoning description: Residential-Single Family
  • Foundation area: 550

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,973 sqft
  • Lot size dimensions: 150 x 60 x 150 x 60

Parking

  • Total spaces: 3
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Strong Wind
Lightning
Tornado

FEMA Declared Disasters in Douglas County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$158$1,896
Property Taxes $187$2,244
Electricity $170$2,050
Total$1,875$22,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,285/yr
40% on housing$56,250/yr
45% on housing$50,000/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 56308$180
Douglas County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 56308$167
Douglas County$149

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$269,000
2026-07-02Listed for sale$279,000
2018-11-30Sold$160,000
2018-06-19Sold$101,000
2013-11-30Listing removed$115,000
2013-08-01Listed for sale$115,000

For Sale by Agent

AgentLance Bailey
BrokerageCentral MN Realty LLC

Similar Homes