516 E Academy St, Owatonna, MN 55060
OFF MARKET

$276,100

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 2,292 sqft

516 E Academy St, Owatonna, MN 55060

Est. Refi. Payment $1,828/mo*
Refinance Your Home
Currently Off Market - Sold May 23, 2025 for $287,900

Home Value

Trulia Estimate
$276K
Since last month
Decreased$5K (-1.8%)
Since last year
Decreased$13K (-4.4%)
Since last sale
Decreased$11K (-3.9%)
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 +57% in the last 10 years
MonthEstimated value
2026
September 2026$277K
August 2026$276K
July 2026$282K
June 2026$291K
May 2026$283K
April 2026$282K
March 2026$289K
February 2026$296K
January 2026$289K
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
551 Agnes St, Owatonna, MN
0.08
Single-Family Home
$290,000
04/27/26
3
1.5
2,864
509 E Academy St, Owatonna, MN
0.03
Single-Family Home
$275,000
09/09/26
3
2
1,494
527 E Academy St, Owatonna, MN
0.05
Single-Family Home
$210,000
04/10/26
3
1
2,028
516 E School St, Owatonna, MN
0.07
Single-Family Home
$207,000
11/07/25
3
1.5
2,741
216 Lincoln Ave, Owatonna, MN
0.11
Single-Family Home
$309,900
04/24/26
3
2
2,348
533 E Broadway St, Owatonna, MN
0.18
Single-Family Home
$215,000
05/20/26
3
1.5
2,155
609 Harriet Ave, Owatonna, MN
0.21
Single-Family Home
$300,000
05/29/26
3
2
2,753
516 Truman Ave, Owatonna, MN
0.23
Single-Family Home
$296,200
06/01/26
3
2
1,918
512 Agnes St, Owatonna, MN
0.07
Single-Family Home
$234,800
08/19/26
3
1.5
1,322

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
509 E Academy St, Owatonna, MN 55060
0.03
$275,000
3
2
1,494
Recently Sold
521 E Academy St, Owatonna, MN 55060
0.04
$323,400
3
2
1,805
Off Market
545 Agnes St, Owatonna, MN 55060
0.07
$292,400
3
1.5
-
Off Market
527 E Academy St, Owatonna, MN 55060
0.05
$210,000
3
1
2,028
Recently Sold
512 Agnes St, Owatonna, MN 55060
0.07
$234,800
3
1.5
1,322
Recently Sold
551 Agnes St, Owatonna, MN 55060
0.08
$290,000
3
1.5
2,864
Recently Sold
227 Lincoln Ave, Owatonna, MN 55060
0.07
$192,000
2
1
1,598
Off Market
445 E Academy St, Owatonna, MN 55060
0.06
$206,000
4
1
2,223
Off Market
445 E Academy Street E, Owatonna, MN 55060
0.06
$198,900
4
1
-
Off Market
516 E School St, Owatonna, MN 55060
0.07
$198,400
3
1.5
2,741
Off Market
510 E School St, Owatonna, MN 55060
0.07
$185,000
2
1
1,851
Recently Sold

Local Information

  • Map ViewExplore the area around 516 E Academy St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
2,292 sqft
$120/sqft
Garage

About this House

Welcome home to this charming Colonial style beauty with three levels finished plus plenty of attic space! Great construction and full of character touches, in beautifully maintained condition, this home offers three bedrooms plus an office. The primary bedroom is exceptionally spacious, and the upper level walks out to an open porch. The laundry area is wide open and finished, and the home has original wood flooring through and through, with a tastefully fully renovated bath. And an amazing bonus: three garage stalls for everything you may possibly need!
516 E Academy St, Owatonna, MN 55060 is a 3 bedroom, 2 bathroom, 2,292 sqft single-family home built in 1940. It last sold for $287,900 on May 23, 2025 (5% above the $274,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $276,100, with a rent estimate of $1,936/month.
Last check for updates: about 10 hours ago
Listed by Erin R. Gillespie, (507) 451-7488
ERA Gillespie Real Estate
Bought with: Jeffrey Feigal, (612) 845-9974, Orange House Realty LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#6692563

Home Details for 516 E Academy St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Finished,FullNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Office
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2292 Square FeetFoundation Area: 736
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Patio, Porch
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1556 Square FeetFinished Area (below surface): 736 Square Feet

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 171360203

Price & Status

Price
List Price: $274,900
Status Change & Dates
Off Market Date: Tue Apr 08 2025

Media

Location

Direction & Address
City: OwatonnaCommunity: Replat Of Highland Park - Chambers
School Information
High School District: Owatonna

Building

Building Area
Building Area: 2292 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10454.4 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6692563Above Grade Unfinished Area: 1556

Price and Tax history

DateEventPrice
May 23, 2025
Source: NorthstarMLS as distributed by MLS GRID #6692563
Sold
$287,900
Apr 8, 2025
Source: NorthstarMLS as distributed by MLS GRID #6692563
Pending
$274,900
Apr 1, 2025
Source: NorthstarMLS as distributed by MLS GRID #6692563
Listed For Sale
$274,900
Mar 10, 2021
Source: N/A
ListingRemoved
Oct 20, 2015
Source: N/A
Sold
$162,000

Market trends in Owatonna

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$286K
$1.87KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$135
$6MoM
Available listings
133
4MoM

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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-18 01:03:28 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

Frequently asked questions about 516 E Academy St

  • What is 516 E Academy St estimated to be worth?
    Trulia's estimated value for 516 E Academy St in Owatonna, MN is $276,100.
  • What is the price history for 516 E Academy St?
    516 E Academy St in Owatonna, MN last sold for $287,900 in May 2025.
  • Is Owatonna a buyer's or seller's market?
    Owatonna is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Owatonna?
    The median sale price in Owatonna is $286K. That is down $1.87K from the prior month.
  • Does 516 E Academy St have air conditioning?
    Yes, 516 E Academy St in Owatonna, MN has air conditioning.
  • Does 516 E Academy St have laundry facilities?
    Yes, 516 E Academy St in Owatonna, MN has in-unit laundry.

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