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208 Main St W, Elysian, MN, 56028

2beds
2baths
1,932sqft
$140,000
$72price/sqft
$1,100/moest. monthly cost
$44,000/yrincome needed

About This Home

Rare opportunity in the heart of Elysian! Located on Main Street and just a short walk from the Lake Elysian waterfront, 208 W Main St. offers the flexibility buyers may be looking for with commercial/residential zoning. Create the perfect home, launch or expand a business, establish a live/work space, or add a unique investment to your portfolio. The prime location provides excellent visibility while keeping you only moments from the lake, parks, restaurants, and everything this welcoming community has to offer. Properties with this level of versatility don't come along often—bring your vision and discover the possibilities.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

6/10

Construction

Condition

  • Year built: 1945

Materials

  • Construction materials: Frame/Wood,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Electric Water Heater
  • Laundry features: Washer/Dryer Hookups

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Block,Partial

Bedroom

  • Level: Main
  • Area: 120

Bedroom1

  • Level: Main
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Formal Dining Room
  • Level: Main
  • Area: 272

Family Room

  • Level: Main
  • Area: 252

Features

  • Bath Description: Main Floor 3/4 Bath
  • Finished area below ground: 0
  • Finished area above ground: 1,092

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,092
  • Total interior livable area: 1,932 sqft

Kitchen

  • Level: Main
  • Area: 132

Property

Details

  • Parcel number: 16.410.0750
  • Foundation area: 1092

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 65 x 110

Parking

  • Parking features: Carport
  • Carport: Yes

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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Inland Flooding
Tornado
Cold Wave
Heat Wave
Winter Weather

FEMA Declared Disasters in Le Sueur 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 $707$8,484
Home Insurance *$64$768
Property Taxes $159$1,908
Electricity $170$2,050
Total$1,100$13,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,714/yr
40% on housing$33,000/yr
45% on housing$29,333/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$72This listing

vs Other Active Listings

Avg $/sqft

ZIP 56028$243
Le Sueur County$159

vs Homes Sold Last Month

Median $/sqft

ZIP 56028$254
Le Sueur County$163

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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Listed for sale$140,000
2019-11-08Listing removed$87,500
2019-09-11Listed for sale$87,500
2018-10-01Listing removed$93,000
2018-06-19Price change$93,000
2018-02-23Price change$95,000
2017-08-01Price change$105,000
2017-06-21Listed for sale$112,000
2012-06-29Sold$80,000

For Sale by Agent

AgentPaton Buller
BrokerageEdina Realty Inc. Mankato

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