116 E School St, Owatonna, MN 55060
Property image
Property image
FOR SALE
0.32 ACRES

$287,900

Original price: $292,900
  • 4 Beds
  • 1.5 Baths
  • 2,564 sqft (on 0.32 acres)

116 E School St, Owatonna, MN 55060

Est. Mortgage $1,853/mo*
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Home Highlights

Single-Family Home
Built in 1910
0.32 acre lot
$112/sqft
Garage

Local Information

  • Map ViewExplore the area around 116 E School St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This classic 4-bedroom, 1.5-bath home is full of timeless charm and thoughtful updates. The property features beautiful hardwood floors, adding warmth and character to every room.

Recently replaced windows enhance both energy efficiency and natural light. The home’s layout offers ample living space, perfect for both everyday living and entertaining.

Outside enjoy a spacious yard, ideal for relaxing, gardening, or hosting gatherings. An oversized tandem garage proves ample parking space for over two vehicles.
Last check for updates: about 16 hours ago
Listing courtesy of Debra L. Schmidt, (507) 390-4030
Help-U-Sell Heritage Real Est.
Source: NorthstarMLS as distributed by MLS GRID, MLS#7067279
Also Listed on NorthstarMLS as distributed by MLS GRID.

Home Details for 116 E School St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 10Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2564 Square FeetFoundation Area: 1156
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (42x14)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Tandem Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2312 Square FeetFinished Area (below surface): 252 Square Feet

Days on Market

Days on Market: 126

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 171002320

Price & Status

Price
List Price: $287,900Price Per Sqft: $112

Location

Direction & Address
City: OwatonnaCommunity: Original Town
School Information
High School District: Owatonna

Agent Information

Listing Agent
Listing ID: 7067279

Building

Building Area
Building Area: 3189 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.32 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7067279Above Grade Unfinished Area: 2312

Around this home

What Locals Say about Owatonna

At least 111 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 89 % Say car is needed

  • 85 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 64 % Say streets are well-lit

  • 57 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say there are sidewalks

  • 45 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 34 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Circleb46
    "This is a nice, quiet neighborhood with lots of young families with children. A lovely area. Very friendly people in this NE neighborhood. Safe to go for walks. Neighbors look out for each other. "
    9
    Flag
  • d m
    "quiet, well maintained, family oriented neighborhood. nice parks and walking/biking trails good schools. "
    0
    Flag
  • Ismael J.
    " Most of my neighbors have dogs and they dont bark at all its a great neighborhood.I think the only eyesour is that we get a lot more water on the subpump and you see alot of water running down the street."
    3
    Flag
  • Julian R.
    "steele county free fair. Minnesota's largest county fair and free admission which is the only free county fair in Minnesota "
    0
    Flag
  • bcat93
    "We have lived in this neighborhood for 3 years now and love every second of it. The neighborhood is perfectly located for kids as the elementary and middle school are very close and the high school isn't far either. Our area is also very quiet. No loud car sounds from busy roads. It's like country living, but being close to town!"
    0
    Flag
  • Mskristine k.
    "I’ve lived in this neighborhood almost 10 years...we seriously couldn’t ask for a better neighborhood. "
    0
    Flag
  • Nmunye
    "I have been living in this town almost all my life. My neighbors became like family and we all look out for one another. If your thinking about moving here I recommend it but it is a little boring not much to do for teenagers."
    0
    Flag
  • circleb46
    "doesn't take long and we are in downtown Owatonna! Easy to find our street as we are right off of Rose Street. Rose street takes us directly to downtown! nice! "
    0
    Flag
  • Sam P.
    "top of the hill, makes for nice sunsets. good neighbors, little traffic, a nice place to live. close to gas station, lake, and grocery stores."
    1
    Flag
  • 1967sundog
    "I lived in the Rose Street, Owatonna, Mn area for 13 years. It is unique for there are family homes and rental apartments side by side "
    0
    Flag
  • circleb46
    "Very friendly neighborhood! Absolutely love this area. Quiet streets. Neighbors look out for each other. Lived here in this area for almost 3 years and really like it! "
    0
    Flag
  • Dvberg78
    "we've been lucky in this neighborhood to have good long-standing neighbors that we get along with I worry somewhat about the future as some of the houses in our area are becoming rental properties"
    0
    Flag
  • Natasha A.
    "Wonderful Neighborhood! Great neighbors, Safe, Family Friendly, Close to parks, only 1 mile from scenic Downtown Owatonna. Beautiful wooded backyards with deer and great bird watching.Its a must see !"
    0
    Flag

Market trends in Owatonna

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$288K
$10.42KMoM
Sale-to-List Price
99.9%
0.6%MoM
Price per sq ft
$130
$3MoM
Available listings
129
18MoM

Home Value

Trulia Estimate
$287K
Since last month
Decreased$11K (-3.6%)
Since last year
Increased$7K (+2.6%)
Since last sale
Increased$76K (+37%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +102% in the last 10 years
MonthEstimated value
2026
August 2026$283K
August 2026$287K
July 2026$293K
June 2026$295K
May 2026$308K
April 2026$277K
March 2026$276K
February 2026$272K
January 2026$268K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
122 E Rice St, Owatonna, MN
0.07
Single-Family Home
$227,400
08/07/26
4
1.5
2,388
216 Prospect St, Owatonna, MN
0.26
Single-Family Home
$215,000
01/23/26
4
2
2,478
303 E Academy St, Owatonna, MN
0.23
Single-Family Home
$210,000
07/24/26
4
2
2,014
430 S Elm Ave, Owatonna, MN
0.08
Single-Family Home
$240,000
04/28/26
3
2
2,821
604 S Elm Ave, Owatonna, MN
0.14
Single-Family Home
$285,000
11/26/25
4
3
2,684
522 S Oak Ave, Owatonna, MN
0.20
Single-Family Home
$139,100
04/10/26
4
1
2,352
506 S Oak Ave, Owatonna, MN
0.18
Single-Family Home
$211,000
05/06/26
3
2
2,762
139 Phelps St, Owatonna, MN
0.13
Single-Family Home
$284,900
09/08/26
3
2
2,101
233 E School St, Owatonna, MN
0.17
Single-Family Home
$270,000
03/06/26
3
1
2,277

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
403 S Cedar Ave, Owatonna, MN 55060
0.05
$228,800
5
2
1,992
Off Market
430 S Elm Ave, Owatonna, MN 55060
0.08
$240,000
3
2
2,821
Recently Sold
118 E Rice St, Owatonna, MN 55060
0.07
$261,200
3
1
1,547
Off Market
122 E Rice St, Owatonna, MN 55060
0.07
$227,400
4
1.5
2,388
Recently Sold
859 Escalade Ln SE, Owatonna, MN 55060
0.07
$64,395
-
-
-
For Sale
725 Escalade Ln SE, Owatonna, MN 55060
0.07
$60,399
-
-
-
For Sale
116 Phelps St, Owatonna, MN 55060
0.08
$183,100
3
1
1,178
Off Market
134 Phelps St, Owatonna, MN 55060
0.09
$225,400
4
2
2,144
Off Market
140 Phelps St, Owatonna, MN 55060
0.10
$215,600
4
1.5
1,763
Off Market
138 Phelps Street, Owatonna, MN 55060
0.10
$237,600
3
2
2,068
Off Market
122 W School St, Owatonna, MN 55060
0.09
$168,848
1
1.5
1,456
For Sale

Price and Tax history

DateEventPrice
Aug 19, 2026
Source: NorthstarMLS as distributed by MLS GRID #7067279
PriceChange
$287,900
Price decreased by 2%
Aug 4, 2026
Source: NorthstarMLS as distributed by MLS GRID #7067279
PriceChange
$292,900
Price decreased by 2%
Jun 16, 2026
Source: NorthstarMLS as distributed by MLS GRID #7067279
PriceChange
$299,900
Price decreased by 3%
May 5, 2026
Source: NorthstarMLS as distributed by MLS GRID #7067279
Listed For Sale
$309,900
Nov 5, 2021
Source: N/A
Sold
$206,500

LGBTQ Local Legal Protections

Debra L. Schmidt, Help-U-Sell Heritage Real Est.
Agent Phone: (507) 390-4030
Based on information submitted to the MLS GRID as of 2026-09-08 16:58:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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Frequently asked questions about 116 E School St

  • What is the estimated monthly payment for 116 E School St?
    Based on a $287,900 list price with 20% down at today's rates, the estimated monthly payment for 116 E School St in Owatonna, MN is approximately $1,894 (about $1,529 principal & interest, $290 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 116 E School St compare to homes in Owatonna?
    116 E School St in Owatonna, MN is listed at $287,900. The median sale price in Owatonna is $288K.
  • What do residents say about Owatonna?
    Residents describe Owatonna, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Owatonna, MN.
  • What are the closest schools to 116 E School St?
    The closest schools to 116 E School St in Owatonna, MN are Owatonna Junior High School (rated 6/10), Owatonna Senior High School (rated 8/10), Washington Elementary School (rated 5/10).
  • Does 116 E School St have air conditioning?
    Yes, 116 E School St in Owatonna, MN has air conditioning.
  • How big is the lot at 116 E School St?
    The lot at 116 E School St in Owatonna, MN is about 0.32 acres (13,939 sq ft).
116 E School St, Owatonna, MN 55060 is a 4 bedroom, 2 bathroom, 2,564 sqft single-family home built in 1910. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on May 5, 2026. The MLS # for this home is MLS# 7067279.