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402 2nd St SE, Melrose, MN, 56352

9beds
3baths
7,064sqft
$279,900
$40price/sqft
$2,443/moest. monthly cost
$97,720/yrincome needed

About This Home

Tons of square footage for the price in this character-filled home featuring hardwood floors, 10' ceilings, pristine woodwork, and dual-pane windows throughout. Recently remodeled kitchen with black stainless appliances. Unique turret room adds extra charm and flexibility. 4-car garage, concrete driveways, and plenty of storage and workspace. A rare combination of size, character, and updates.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

7/10
Melrose Elementary SchoolGrades PK-50.3 mi
5/10
Melrose Middle SchoolGrades 6-80.2 mi
8/10
Melrose SecondaryGrades 9-120.2 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer

Basement

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

Bedroom

  • Level: Main
  • Area: 307.51
  • Dimensions: 19.10x16.1

Bedroom2

  • Level: Main
  • Area: 335.62
  • Dimensions: 19.4x17.3

Bedroom3

  • Level: Upper
  • Area: 187.5
  • Dimensions: 15x12.5

Bedroom4

  • Level: Upper
  • Area: 239.7
  • Dimensions: 17x14.1

Bedroom5

  • Level: Upper
  • Area: 316.8
  • Dimensions: 19.8x16

Bedroom6

  • Level: Upper
  • Area: 339.08
  • Dimensions: 19.6x17.3

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Exercise Room

  • Level: Upper
  • Area: 175.2
  • Dimensions: 14.6x12

Features

  • Finished area below ground: 283
  • Finished area above ground: 5,403

Great Room

  • Level: Main
  • Area: 146.595
  • Dimensions: 14.5x10.11

Guest Room

  • Level: Main
  • Area: 172.28
  • Dimensions: 14.6x11.8

Heating & Cooling

  • Heating features: Boiler,Hot Water
  • Cooling features: Ductless Mini-Split

Interior Area

  • Total structure area: 7,064
  • Total interior livable area: 7,064 sqft

Kitchen

  • Level: Main
  • Area: 169.32
  • Dimensions: 14.11x12

Laundry

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

Living Room

  • Level: Main
  • Area: 404.67
  • Dimensions: 28.7x14.1

Other

  • Level: Main
  • Area: 381.3
  • Dimensions: 41x9.3

Other

  • Level: Third
  • Area: 2090
  • Dimensions: 55x38

Storage

  • Level: Basement
  • Area: 270.29
  • Dimensions: 17.9x15.10

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 66366460110
  • Zoning description: Residential-Single Family
  • Foundation area: 2742

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.70 Acres
  • Features: Tree Coverage - Light
  • Lot size dimensions: 206 x 135

Parking

  • Total spaces: 4
  • Parking features: Attached
  • 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

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Lightning

FEMA Declared Disasters in Stearns 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 $1,415$16,980
Home Insurance *$221$2,652
Property Taxes $212$2,544
Electricity $595$7,149
Total$2,443$29,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,760/yr
40% on housing$73,290/yr
45% on housing$65,146/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: 12.0%
12.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$40This listing

vs Other Active Listings

Avg $/sqft

ZIP 56352$200
Stearns County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 56352$132
Stearns County$148

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
2026-05-06Listed for sale$279,900

For Sale by Agent

AgentJacob Imdieke
BrokerageCentral MN Realty LLC

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