40091 502nd Ln, Palisade, MN 56469
OFF MARKET

40091 502nd Ln
Palisade, MN 56469

  • 1 Bed
  • 2 Baths
  • 896 sqft (on 1.20 acres)

$327,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,907/mo*

$327,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,907/mo*
1 Bed
2 Baths
896 sqft
(on 1.20 acres)

Home Value

Trulia Estimate
$328K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$25K (+8.1%)
Since last sale
Increased$152K (+87%)
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 +63% in the last 10 years
MonthEstimated value
2026
August 2026$327K
July 2026$325K
June 2026$328K
May 2026$322K
April 2026$312K
March 2026$302K
February 2026$300K
January 2026$291K
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
0.71
Single-Family Home
$180,000
05/21/26
2
1
1,000
0.76
Single-Family Home
$315,000
04/30/26
3
2
2,208
2.12
Single-Family Home
$455,000
05/21/26
4
2
1,633
2.30
Single-Family Home
$335,000
05/12/26
3
2
1,714
3.07
Single-Family Home
$650,000
08/13/26
2
2
996
4.71
Single-Family Home
$175,000
10/31/25
3
1
1,200
7.04
Single-Family Home
$190,000
10/17/25
3
1
1,290
7.54
Single-Family Home
$400,000
05/26/26
2
2
1,738

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
0.31
$162,800
1
-
840
Off Market
0.41
-
-
-
-
Off Market
0.49
-
-
-
-
Off Market
0.55
$497,800
3
2
2,300
Off Market
0.65
$509,300
3
2
2,496
Off Market
0.71
$180,000
2
1
1,000
Recently Sold
0.76
$315,000
3
2
2,208
Recently Sold
0.85
$131,500
-
-
-
Off Market
0.87
$142,000
2
1
1,280
Off Market
0.88
$108,500
-
-
-
Off Market
0.98
$251,200
1
-
568
Off Market
0.98
$536,200
3
2.5
1,980
Off Market

Local Information

  • Map ViewExplore the area around 40091 502nd Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Lot Size
1.2 acres
Living Area
896 sqft
Price/Sqft
$366
Parking
Garage

About this House

This single-family home is located at 40091 502nd Ln, Palisade, MN. 40091 502nd Ln is in Palisade, MN and in ZIP code 56469. This property has 1 bedroom, 2 bathrooms and approximately 896 sqft of floor space. This property has a lot size of 1.21 acres and was built in 1952.
40091 502nd Ln, Palisade, MN 56469 is a 1 bedroom, 2 bathroom, 896 sqft single-family home built in 1952. It last sold for $175,000 on Dec 30, 2019. It is currently off market. The Trulia Estimate is $327,600, with a rent estimate of $1,193/month.

Home Details for 40091 502nd Ln

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: WallHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1989

Lot Information

Lot Area: 1.20 acres

Price and Tax history

DateEventPrice
Dec 30, 2019
Source: NorthstarMLS as distributed by MLS GRID #5327947
Sold
$175,000
Dec 23, 2019
Source: Agent Provided
PendingToActive
$184,900
Dec 23, 2019
Source: Agent Provided
Pending
$184,900
Oct 31, 2019
Source: Agent Provided
Listed For Sale
$184,900

Market trends in Palisade

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
5
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palisade

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's quiet

  • 50 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 50 % Say people would walk alone at night

  • 33 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 40091 502nd Ln

  • What is 40091 502nd Ln estimated to be worth?
    Trulia's estimated value for 40091 502nd Ln in Palisade, MN is $327,600.
  • What is the price history for 40091 502nd Ln?
    40091 502nd Ln in Palisade, MN last sold for $175,000 in December 2019.
  • Is Palisade a buyer's or seller's market?
    Palisade is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 40091 502nd Ln?
    The closest schools to 40091 502nd Ln in Palisade, MN are Aitkin Secondary School (Middle/High, rated 7/10), Rippleside Elementary School (Pre-K, rated 8/10).
  • Does 40091 502nd Ln have air conditioning?
    Yes, 40091 502nd Ln in Palisade, MN has air conditioning.
  • How big is the lot at 40091 502nd Ln?
    The lot at 40091 502nd Ln in Palisade, MN is about 1.2 acres.

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