40694 511th Ave, Nicollet, MN 56074
OFF MARKET

$125,800

Trulia Estimate
  • Studio

40694 511th Ave, Nicollet, MN 56074

Est. Refi. Payment $888/mo*
Refinance Your Home

Home Value

Trulia Estimate
$126K
Since last month
Increased$5K (+3.8%)
Since last year
Increased$7K (+5.5%)
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 decreased by -4% in the last 10 years
MonthEstimated value
2026
October 2026$126K
August 2026$122K
June 2026$115K
May 2026$121K
April 2026$112K
March 2026$116K
2025
2024
2023
2022
2021

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
1.57
Single-Family Home
$45,378
04/08/26
4
2
1,224
2.35
Single-Family Home
$1,989,450
12/19/25
-
-
2.56
Single-Family Home
$637,920
12/17/25
-
-
3.98
Single-Family Home
$229,500
12/31/25
5
2
2,059
4.39
Single-Family Home
$530,000
06/05/26
5
2
4,837
4.30
Single-Family Home
$280,000
06/10/26
4
1
1,363
5.46
Single-Family Home
$325,000
02/13/26
3
1.5
2,935
6.76
Single-Family Home
$490,000
07/31/26
4
2
2,734
6.96
Single-Family Home
$150,000
05/21/26
4
2
1,490
6.69
Single-Family Home
$215,000
11/07/25
3
1
2,256

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
0.00
$469,900
4
2
1,400
Off Market
0.10
$449,300
Studio
-
-
Off Market
0.10
$477,800
Studio
-
2,112
Off Market
0.12
$411,500
Studio
-
-
Off Market
0.17
$246,300
3
1
1,596
Off Market
0.22
$294,800
4
1
1,512
Off Market
0.38
$278,700
4
1
1,602
Off Market
0.54
-
2
2
952
Off Market
0.71
$274,200
2
2
1,020
Off Market
0.73
$284,500
3
1
2,564
Off Market
0.74
-
-
-
-
Off Market
0.79
$437,100
Studio
-
-
Off Market
0.79
-
4
2
2,456
Off Market
0.80
$727,500
4
3
1,813
Off Market
0.80
-
-
-
-
Off Market
0.81
$128,900
3
1
1,056
Off Market
0.93
$440,800
3
2.5
3,904
Off Market
0.97
$390,400
3
3
-
Off Market
0.99
$231,100
Studio
-
-
Off Market
1.00
$325,500
3
2
1,456
Off Market

Local Information

  • Map ViewExplore the area around 40694 511th Ave.
  • Schools1 Preschool School2 Elementary Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1990
5.67 acre lot

About this House

This single-family home is located at 40694 511th Ave, Nicollet, MN. 40694 511th Ave is in Nicollet, MN and in ZIP code 56074. This property has a lot size of 5.67 acres and was built in 1990.
40694 511th Ave, Nicollet, MN 56074 is a studio single-family home built in 1990. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $125,800, with a rent estimate of $1,388/month.

Home Details for 40694 511th Ave

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5.67 acres

Price and Tax history

YearProperty taxTax assessment
2025
$244
$83,000
Home facts updated by county records

Market trends in New Ulm

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
69
10
MoM
Sourced by Trulia Market Trends

What Locals Say about New Ulm

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 92% say there are sidewalks
  • 71% say there's holiday spirit
  • 60% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 24 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say there are sidewalks

  • 91 % Say yards are well-kept

  • 89 % Say car is needed

  • 83 % Say people would walk alone at night

  • 73 % Say kids play outside

  • 71 % Say there's holiday spirit

  • 69 % Say streets are well-lit

  • 60 % Say neighbors are friendly

  • 59 % Say it's walkable to restaurants

  • 56 % Say it's quiet

  • 53 % Say there are community events

  • 44 % Say it's walkable to grocery stores

  • 43 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Steph.mendel5
    "Many parks for children. Amazing recreation center for all ages. Clean city with friendly people. I love the atmosphere on state street during Halloween. Library is close and has a ton of kids events "
  • Teehret
    "My neighborhood is in the middle of downtown. You can walk to small town shops, bars ( also have food ) lots of entertainment and friendly people. Great place to raise a family."
  • rodrigoc58
    "New Ulm is a small city with all the advantages of such, yet it is a place with good nightlife, restaurants and so very many parks. My children were free to bike around town without a lot of concern about safety, they were taught about the dangers any where in the world. Schools are great with good choices between private and public. "
  • Scott W.
    "Great place to raise kids with the parks and the safety. A lot of passion for the community is evident. Community leaders try to make the place better. For the next 8 years, there's a big push for everyone to adopt healthy lifestyles to cut down on heart attacks. It's progressive and traditional at the same time."

LGBTQ Local Legal Protections

Frequently asked questions about 40694 511th Ave

  • What is 40694 511th Ave estimated to be worth?
    Trulia's estimated value for 40694 511th Ave in Nicollet, MN is $125,800.
  • Is Nicollet a buyer's or seller's market?
    Nicollet is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Nicollet?
    Residents describe Nicollet, MN as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Nicollet, MN.
  • What are the closest schools to 40694 511th Ave?
    The closest schools to 40694 511th Ave in Nicollet, MN are Jefferson Elementary School (rated 5/10), New Ulm High School (rated 9/10), Washington Elementary School (Pre-K).
  • How big is the lot at 40694 511th Ave?
    The lot at 40694 511th Ave in Nicollet, MN is about 5.7 acres.

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