505 Ash St SE, New London, MN, 56273
About This Home
Welcome home to this charming, move-in ready 4 bedroom home situated on a desirable corner lot near the edge of New London! Thoughtfully updated while maintaining beautiful character, this inviting home offers the perfect blend of charm, comfort and functionality. Enjoy spacious indoor living with room for everyone plus fantastic outdoor space ideal for entertaining, relaxing or play with a covered front porch, cozy side deck and adorable tree house perched in the tree. The oversized 32' x 28' garage provides ample room for vehicles, hobbies and storage while the additional driveway offers convenient parking for boats, campers, trailers or extra vehicles. Located within walking distance to the New London-Spicer Middle School and High School as well as downtown New London's unique shops, restaurants, beaches, parks and year-round community events this home offers the lifestyle you've been looking for. Whether you're enjoying quiet evenings at home or taking advantage of everything New London has to offer, this property is ready for you!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1915
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Crawl Space,Egress Window(s),Finished,Partial
Bedroom
- Level: Second
- Area: 117
- Dimensions: 9x13
Bedroom2
- Level: Second
- Area: 143
- Dimensions: 11x13
Bedroom3
- Level: Upper
- Area: 131.25
- Dimensions: 12.5x10.5
Bedroom4
- Level: Lower
- Area: 70
- Dimensions: 7x10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 325
- Finished area above ground: 1,968
Heating & Cooling
- Heating features: Baseboard,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,360
- Total interior livable area: 2,293 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 602500090
- Zoning description: Residential-Single Family
- Foundation area: 1464
Features
- Levels: Three Level Split
Lot
- Lot size: 9,147 sqft
- Lot size dimensions: 9148
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Cold Wave
- Strong Wind
- Winter Weather
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Kandiyohi County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $216 | $2,592 |
| Property Taxes | $253 | $3,036 |
| Electricity | $193 | $2,320 |
| Total | $2,173 | $26,076 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $299,000 |
| 2019-02-15 | Sold | $139,000 |
| 2019-01-21 | Pending sale | $139,900 |
| 2019-01-11 | Listed for sale | $139,900 |
| 2015-03-04 | Sold | $85,000 |
| 2015-01-29 | Price change | $89,900 |
| 2014-12-27 | Price change | $99,900 |
| 2014-11-26 | Listed for sale | $109,900 |
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