502 2nd St, Welcome, MN 56181
OFF MARKET

$156,800

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 3,057 sqft (on 0.92 acres)

502 2nd St, Welcome, MN 56181

Est. Refi. Payment $1,024/mo*
Refinance Your Home

Home Value

Trulia Estimate
$157K
Since last month
Decreased$11K (-6.4%)
Since last year
Increased$19K (+13.2%)
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 +155% in the last 10 years
MonthEstimated value
2026
August 2026$160K
August 2026$157K
July 2026$171K
June 2026$167K
May 2026$170K
April 2026$163K
March 2026$162K
February 2026$150K
January 2026$155K
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
0.23
Single-Family Home
$448,000
06/01/26
3
2
2,138
0.34
Single-Family Home
$230,000
11/10/25
4
2
1,882
0.28
Single-Family Home
$225,000
04/03/26
5
2.5
3,328
0.38
Single-Family Home
$55,000
08/12/26
3
1.5
2,635
0.15
Single-Family Home
$1,657
02/26/26
3
3
3,735
0.38
Single-Family Home
$164,800
01/08/26
5
2.5
2,190
0.22
Single-Family Home
$200,000
07/15/26
3
1.5
1,355
0.25
Single-Family Home
$160,000
11/24/25
3
2
1,610
0.31
Single-Family Home
$145,000
05/01/26
4
1
1,671
0.09
Single-Family Home
$125,000
01/30/26
3
2
1,426

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
0.05
$126,400
3
1
1,355
Off Market
0.07
$199,000
4
2
2,208
Off Market
0.07
$63,000
2
1
-
Recently Sold
0.05
$201,000
4
2
2,358
Off Market
0.10
$125,000
3
2
1,426
Recently Sold
0.15
$122,900
3
1
1,524
Off Market
0.19
$174,100
4
2
1,986
Off Market
0.22
$200,000
3
1.5
1,355
Recently Sold
0.23
$196,400
4
2
2,576
Off Market
0.24
$150,000
2
2.5
2,762
Recently Sold
0.25
$90,000
3
1
1,648
Recently Sold
0.19
$153,000
3
2
1,128
Recently Sold

Local Information

  • Map ViewExplore the area around 502 2nd St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1912
0.92 acre lot
3,057 sqft
$51/sqft
Garage

About this House

This single-family home is located at 502 2nd St, Welcome, MN. 502 2nd St is in Welcome, MN and in ZIP code 56181. This property has 5 bedrooms, 2 bathrooms and approximately 3,057 sqft of floor space. This property has a lot size of 0.92 acres and was built in 1912.
502 2nd St, Welcome, MN 56181 is a 5 bedroom, 2 bathroom, 3,057 sqft single-family home built in 1912. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $156,800.

Home Details for 502 2nd St

Interior Features

Interior Details
BasementAtticTypes of Rooms: Office
Heating & Cooling
Heating: Forced Air, ElectricHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Carpet, Hardwood, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodFoundation Type: StoneGardenLawnPorch
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Lot Information

Lot Area: 0.92 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

YearProperty taxTax assessment
2025
$762
$56,000
Home facts updated by county records

Market trends in Welcome

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

LGBTQ Local Legal Protections

Frequently asked questions about 502 2nd St

  • What is 502 2nd St estimated to be worth?
    Trulia's estimated value for 502 2nd St in Welcome, MN is $156,800.
  • Is Welcome a buyer's or seller's market?
    Welcome is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 502 2nd St?
    The closest schools to 502 2nd St in Welcome, MN are Martin County West Junior High School (rated 5/10), Martin County West Senior High School (rated 6/10), Sherburn Elementary School.
  • Does 502 2nd St have laundry facilities?
    Yes, 502 2nd St in Welcome, MN has in-unit laundry.
  • How big is the lot at 502 2nd St?
    The lot at 502 2nd St in Welcome, MN is about 0.92 acres (40,000 sq ft).
  • Does 502 2nd St have a garage?
    Yes, 502 2nd St in Welcome, MN has a garage.

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Off Market Homes Near 502 2nd St

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Homes for sale near 502 2nd St

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