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501 E Lyon St, Minneota, MN, 56264

5beds
2baths
2,778sqft
$325,000
$117price/sqft
$2,578/moest. monthly cost
$103,120/yrincome needed

About This Home

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.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

8/10
9/10
Minneota SecondaryGrades 7-120.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Chandelier,Dishwasher,Disposal,Electric Water Heater,Freezer,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Sump Pump,Unfinished

Bathroom

  • Level: Main
  • Area: 28
  • Dimensions: 6'x4'8

Bathroom

  • Level: Upper
  • Area: 130.375
  • Dimensions: 10'6x6'77

Bedroom

  • Level: Main
  • Area: 135
  • Dimensions: 15'x9'

Bedroom2

  • Level: Upper
  • Area: 128.3056
  • Dimensions: 10'4x12'5

Bedroom3

  • Level: Upper
  • Area: 147.0278
  • Dimensions: 11'2x13'2

Bedroom4

  • Level: Upper
  • Area: 196.25
  • Dimensions: 15'x13'1

Bedroom5

  • Level: Upper
  • Area: 149.3333
  • Dimensions: 14'x10'8

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • 3/4 bathrooms: 2

Den

  • Level: Main
  • Area: 129.3889
  • Dimensions: 11'5x11'4

Dining Room

  • Level: Main
  • Area: 226.6389
  • Dimensions: 16'7x13'8

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,778

Flex Room

  • Level: Upper
  • Area: 211.3958
  • Dimensions: 11'7x18'3

Garage

  • Level: Main
  • Area: 437
  • Dimensions: 23'x19'

Garage

  • Level: Lower
  • Area: 516
  • Dimensions: 12'x43'

Heating & Cooling

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

Informal Dining Room

  • Level: Main
  • Area: 119.6389
  • Dimensions: 12'2x9'10

Interior Area

  • Total structure area: 3,738
  • Total interior livable area: 2,778 sqft

Kitchen

  • Level: Main
  • Area: 157.9722
  • Dimensions: 10'1x15'8

Laundry

  • Level: Main
  • Area: 46.9444
  • Dimensions: 10'10x4'4

Living Room

  • Level: Main
  • Area: 194.4444
  • Dimensions: 14'7x13'4

Other

  • Level: Main
  • Area: 126.1806
  • Dimensions: 9'7x13'2

Screened Porch

  • Level: Upper
  • Area: 72.8333
  • Dimensions: 6'4x11'6

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 281260010
  • Zoning description: Residential-Single Family
  • Foundation area: 1602

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Composite Decking

Lot

  • Lot size: 0.49 Acres
  • Features: Corner Lot
  • Lot size dimensions: 100 x 148, 46 x 176

Parking

  • Total spaces: 3
  • Parking features: Attached,Gravel,Multiple Garages,Tandem Garage,Tuckunder 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Drought
Hail
Ice Storm
Strong Wind
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 $1,643$19,716
Home Insurance *$379$4,548
Property Taxes $322$3,864
Electricity $234$2,811
Total$2,578$30,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,388/yr
40% on housing$77,340/yr
45% on housing$68,746/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

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 56264$65
Lyon County$92

vs Homes Sold Last Month

Median $/sqft

ZIP 56264$207
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
2026-06-07Listed for sale$325,000

For Sale by Agent

AgentCynthia Rogers– The Deutz Group
BrokerageEdina Realty, Inc.

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