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913 E Elm St, Redwood Falls, MN, 56283

4beds
1baths
1,248sqft
$178,000
$143price/sqft
$1,380/moest. monthly cost
$55,200/yrincome needed

About This Home

Beautifully maintained and full of character, this spacious 4-bedroom home offers a blend of classic charm and thoughtful updates throughout! Step inside and appreciate the gorgeous natural wood floors, abundant natural light, and inviting spaces designed for comfortable living. The kitchen provides modern convenience while maintaining warmth and functionality for everyday living. The main level features two bedrooms and a full bathroom, while the remodeled upper level adds two additional bedrooms with fresh updates and added living appeal. The lower level offers exciting future potential with a basement already framed and in progress, including laundry space, non-conforming bedroom, and a living area ready for your finishing touches. Outside you'll find a detached one-stall garage and a property ready to fit a variety of lifestyles. Whether you're looking for extra space, or move-in-ready comfort with room to personalize, this home is ready for you!

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

5/10
6/10

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Asphalt
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Range,Refrigerator,Washer,Water Softener Rented
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bathroom

  • Level: Main
  • Area: 40
  • Dimensions: 5x8

Bedroom

  • Level: Main
  • Area: 11
  • Dimensions: 11x1

Bedroom2

  • Level: Main
  • Area: 117
  • Dimensions: 9x13

Bedroom3

  • Level: Upper
  • Area: 112
  • Dimensions: 8x14

Bedroom4

  • Level: Upper
  • Area: 143
  • Dimensions: 11x13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,248

Heating & Cooling

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

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 1,248 sqft

Kitchen

  • Level: Main
  • Area: 126
  • Dimensions: 14x9

Living Room

  • Level: Main
  • Area: 176
  • Dimensions: 11x16

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 881314210
  • Zoning description: Residential-Single Family
  • Foundation area: 832

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 60 x 120

Parking

  • Total spaces: 1
  • Parking features: Detached Garage
  • 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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Redwood 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 $900$10,800
Home Insurance *$147$1,764
Property Taxes $163$1,956
Electricity $170$2,050
Total$1,380$16,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,314/yr
40% on housing$41,400/yr
45% on housing$36,800/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: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 6.2%
6.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$143This listing

vs Other Active Listings

Avg $/sqft

ZIP 56283$91
Redwood County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 56283
Redwood County$123

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
2026-05-14Listed for sale$178,000

For Sale by Agent

AgentSarah Jacobson
BrokerageMinnesota Lands and Homes Real Estate

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