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432 N School St N, Tyler, MN, 56178

3beds
2baths
1,535sqft
$380,000
$248price/sqft
$3,615/moest. monthly cost
$144,600/yrincome needed

About This Home

Start with a vision and make it your reality in Tyler’s newest housing development. Be among the first to build in the new Tyler housing development on School Street. Construction has begun with the foundation and slab already completed, giving you the rare chance to get in early and personalize many of the remaining finishes. When completed, this home will feature 1,521 square feet, three bedrooms, two bathrooms, and a three-car garage, designed with modern comfort and functionality in mind. Even better, qualified buyers may be eligible for a grant program offering up to $55,000 in assistance, making new construction more attainable than ever. The photos include the artist’s concept of the home and the floor plan so you can begin to picture what’s ahead, turning today’s concept into tomorrow’s address. Contact us today to learn more about this exciting opportunity to be part of Tyler’s newest neighborhood.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

7/10
Rtr Elementary SchoolGrades PK-50.6 mi
7/10
RTR Secondary SchoolGrades 6-120.6 mi
--
Rtr Middle SchoolGrades PK,6-89.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: None
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,521

Heating & Cooling

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

Interior Area

  • Total structure area: 1,535
  • Total interior livable area: 1,535 sqft

Property

Accessibility

  • Accessibility features: Doors 36"+,No Stairs External,No Stairs Internal

Details

  • Parcel number: 200829000
  • Zoning description: Residential-Single Family
  • Foundation area: 1535

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.37 Acres
  • Features: Corner Lot,Irregular Lot
  • Lot size dimensions: 133 x 120

Parking

  • Total spaces: 3
  • Parking features: Attached
  • 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

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Lincoln 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 $1,921$23,052
Home Insurance *$1,239$14,868
Property Taxes $285$3,420
Electricity $170$2,050
Total$3,615$43,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,942/yr
40% on housing$108,450/yr
45% on housing$96,400/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: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 56178$143
Lincoln County$128

vs Homes Sold Last Month

Median $/sqft

ZIP 56178
Lincoln County$37

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
2026-03-10Listed for sale$380,000

New Construction

AgentJeffrey Paul Carpenter
BrokerageEdina Realty, Inc.

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