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58049 227th St, Mankato, MN, 56001

4beds
4baths
4,717sqft
$1,200,000
$254price/sqft
$7,519/moest. monthly cost
$300,760/yrincome needed

About This Home

Situated on 2.23 acres, this well-maintained two-story home offers over 4 bedrooms, multiple living and entertaining spaces, and exceptional garage and shop storage. The main level features a dedicated home office, large living and dining areas, and spacious kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and informal dining. Just off the kitchen, enjoy a comfortable living area with a fireplace and a stunning four-season sunroom filled with natural light and backyard views. Upstairs, the primary suite offers a private full bath, double vanity, and walk-in closet. Two additional bedrooms, a full bath, and a versatile flex room above the garage provide space for a playroom, media room, fitness area, guest suite, or second office. The finished lower level includes a fourth bedroom with a walk-in closet, spacious recreation and entertainment areas, bar space, storm shelter, and ample storage. Outside you’ll find an attached 3-stall garage, detached workshop/shop, and an additional detached garage—ideal for vehicles, hobbies, toys, or equipment. Shed/shop size is 50 x 80 and the extra garage size is a single stall. 50x36 of that space is heated. Over head doors are 11 ft and 14 ft. Enjoy the privacy of acreage living served by private well and septic. A rare combination of space, storage, flexibility, and location.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

9/10
6/10
6/10

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1994

Materials

  • Roof: Asphalt
  • Construction materials: Block,Frame/Wood,Steel Siding,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Exhaust Fan,Microwave,Refrigerator,Trash Compactor,Oven,Furnace Humidifier,Electric Water Heater,Water Softener Owned
  • Laundry features: Washer/Dryer Hookups,Main Level

Basement

  • Has basement: Yes
  • Basement: Egress Windows,Finished,Sump Pump,Block,Full

Bedroom

  • Level: Upper
  • Area: 221.65

Bedroom1

  • Level: Upper
  • Area: 160.46

Bedroom2

  • Level: Upper
  • Area: 97.056

Bedroom3

  • Level: Lower
  • Area: 193.23000000000002

Bedrooms & Bathrooms

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

Dining Room

  • Features: Combine with Kitchen,Eat-in Kitchen,Formal Dining Room,Informal Dining Room,Open Floorplan
  • Level: Main
  • Area: 153.69

Family Room

  • Level: Main
  • Area: 224.91

Features

  • Ceiling Fan(s),Eat-In Kitchen,Kitchen Center Island,Natural Woodwork,Walk-In Closet(s),Wet Bar,Central Vacuum,Bath Description: Full Basement,Full Primary,Main Floor 1/2 Bath,Private Primary,Upper Level Bath
  • Window features: Skylight(s),Double Pane Windows
  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,320
  • Finished area above ground: 3,397

Heating & Cooling

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

Interior Area

  • Total structure area: 4,717
  • Total interior livable area: 4,717 sqft

Kitchen

  • Level: Main
  • Area: 230.83999999999997

Living Room

  • Level: Main

Property

Details

  • Parcel number: R430904105005
  • Other equipment: Sump Pump
  • Foundation area: 1289

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 2.23 Acres
  • Features: Landscaped,Tree Coverage - Medium,Paved,Inground Sprinkler System
  • Lot size dimensions: 2.23 Acres

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Shared Driveway,RV Access/Parking,Attached,Detached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Blue Earth 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 $6,067$72,804
Home Insurance *$201$2,412
Property Taxes $854$10,248
Electricity $397$4,774
Total$7,519$90,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$257,794/yr
40% on housing$225,570/yr
45% on housing$200,506/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$254This listing

vs Other Active Listings

Avg $/sqft

ZIP 56001$136
Blue Earth County$133

vs Homes Sold Last Month

Median $/sqft

ZIP 56001
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$1,125,000
2026-06-18Listed for sale$1,200,000
1992-11-16Sold$30,000

For Sale by Agent

AgentCandee Deichman
BrokerageCentury 21 Atwood

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