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Pending
  • $105,000

    408 2nd St, Lyle, MN 55953

    3beds
    2,496sqft
    : 
    Single Family
    Built in 1886
    10,193.04 Square Feet Lot
    $-- Zestimate®
    $42/sqft
    $-- HOA

    What's special

    Generous lot
    Welcome home to this charming three-bedroom gem that's ready for your personal touch! Nestled in the heart of a friendly southern Minnesota community, this solid home offers an incredible opportunity for buyers looking to build equity while creating their dream space. With nearly 1,600 square feet of living space and one and a half bathrooms, there's plenty of room to spread out and enjoy. The bones are good here, folks. This is your chance to roll up your sleeves and transform a classic house into the home you've always envisioned. Whether you're a first-time buyer ready to dive into homeownership or a savvy investor looking for your next project, the price point on this property makes it an attractive option worth serious consideration. The generous lot gives you room to breathe and dream big. Picture summer barbecues in the backyard, a vegetable garden, or maybe even that workshop you've been wanting. Speaking of outdoor fun, Lyle City Park is just a short distance down the street, perfect for morning outings, afternoon picnics, or enjoying the outdoors. Small-town living at its finest awaits you here. The kind of community where neighbors wave and folks still look out for one another. You get peace, quiet, and a slower pace of life without sacrificing convenience. Don't let this opportunity slip through your fingers. Properties with this much potential at this price don't come around every day. Schedule your showing today and start imagining the possibilities!
    54 days
    |
    448
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 23, 2026 at 05:33am

    Listed by:

    Luke Ihde 507-272-7960,

    Homes Plus Realty,

    Roger L Ihde 972-971-9769

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7016744MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bathroom
      • Level: Main
      Bathroom
      • Level: Main
      Dining room
      • Level: Main
      Family room
      • Level: Upper
      Foyer
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Porch
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,496
      • Total interior livable area: 2,496 sqft
      • Finished area above ground: 1,596
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Covered, Rear Porch, Side Porch
      Lot
      • Size: 10,193.04 Square Feet
      • Dimensions: 60 x 170
      Details
      • Foundation area: 900
      • Parcel number: 270010780
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1886

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Original Village
      HOA
      • Has HOA: No
      Location
      • Region: Lyle

      Financial & listing details

      • Price per square foot: $42/sqft
      • Tax assessed value: $126,800
      • Annual tax amount: $1,364
      • Date on market: 2/4/2026
      • Cumulative days on market: 54 days
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,764/mo

        Price history

        Price history
        DateEventPrice
        3/23/2026Pending sale$105,000$42/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7016744 Report a problem
        2/4/2026Listed for sale$105,000-30%$42/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7016744 Report a problem
        9/20/2021Sold$150,000+1053.8%$60/sqft
        Source: Public Record Report a problem
        2/19/2021Listing removed--
        Source: Owner Report a problem
        4/24/2020Sold$13,000-12.8%$5/sqft
        Source: Public Record Report a problem
        2/25/2020Price change$14,900-12.4%$6/sqft
        Source: Owner Report a problem
        1/29/2020Listed for sale$17,000+142.9%$7/sqft
        Source: Owner Report a problem
        6/5/2017Sold$7,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,364 -7.5%$126,800 +4.1%
        2023$1,474 -6.6%$121,800
        2022$1,578 +135.5%--
        2021$670 +9.5%--
        2020$612 -2.2%--
        2019$626 +111.5%--
        2018$296 +5.7%--
        2017$280 -5.4%--
        2016$296 +17.5%--
        2015$252 --
        2012$252 --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $634/mo
        Principal & interest
        $541
        Property taxes
        $93
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          Climate risks

          Neighborhood: 55953

          Getting around

          24 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 55953

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