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409 S 1st St, Marshall, MN, 56258

3beds
2baths
2,240sqft
$199,900
$89price/sqft
$1,632/moest. monthly cost
$65,280/yrincome needed

About This Home

Welcome to 409 1st Street S! This home offers 3 bedrooms and 2 bathrooms. The main living areas are open and spacious. The kitchen offers stainless steel appliances that were new in 2019. The main level flooring in the kitchen, dining, living room and hallway was installed in 2022. The main floor bedrooms have the original wood flooring. The solid wood doors for the bedrooms and bath were replaced in 2023. Also in 2023, the basement ceiling was replaced with sheetrock and new recessed lighting. 2024 the shingles on the house were replaced along with a new cement driveway and the garage floor. Electric water heater was new in 2018, Furnace in 2020, Central Air in 2021. New sump pump in 2025.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

--
6/10
Marshall Middle SchoolGrades 5-80.3 mi
6/10
Marshall High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1959

Materials

  • Roof: Asphalt
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bathroom

  • Level: Main
  • Area: 30
  • Dimensions: 5x6

Bathroom

  • Level: Basement
  • Area: 79.5
  • Dimensions: 6x13'3

Bedroom

  • Level: Main
  • Area: 140
  • Dimensions: 13'4x10'6

Bedroom2

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Basement
  • Area: 100
  • Dimensions: 8x12'6

Dining Room

  • Level: Main
  • Area: 113.625
  • Dimensions: 8'5x13'6

Family Room

  • Level: Basement
  • Area: 317.7292
  • Dimensions: 12'7x25'3

Features

  • Finished area below ground: 1,000
  • Finished area above ground: 1,120

Heating & Cooling

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

Interior Area

  • Total structure area: 2,240
  • Total interior livable area: 2,240 sqft

Kitchen

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Laundry

  • Level: Basement
  • Area: 164.5833
  • Dimensions: 12'6x13'2

Living Room

  • Level: Main
  • Area: 216
  • Dimensions: 13'6x16

Screened Porch

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Storage

  • Level: Basement
  • Area: 111.5833
  • Dimensions: 13x8'7

Utility Room

  • Level: Basement
  • Area: 120.75
  • Dimensions: 13'5x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 273020050
  • Zoning description: Residential-Single Family
  • Foundation area: 1120

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Screened
  • Fencing: Wood

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 66 x 132

Parking

  • Total spaces: 1
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Strong Wind
Heat Wave
Ice Storm
Tornado

FEMA Declared Disasters in Lyon 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 $1,010$12,120
Home Insurance *$190$2,280
Property Taxes $244$2,928
Electricity $188$2,267
Total$1,632$19,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,954/yr
40% on housing$48,960/yr
45% on housing$43,520/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: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$89This listing

vs Other Active Listings

Avg $/sqft

ZIP 56258$102
Lyon County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 56258$118
Lyon County$114

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
2026-03-02Price change$199,900
2026-02-16Listed for sale$225,000

For Sale by Agent

AgentMary Ione Veldhuisen
BrokerageWilson O'Brien REALTORS

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