516 E Academy St, Owatonna, MN 55060
OFF MARKET

516 E Academy St
Owatonna, MN 55060

  • 3 Beds
  • 1.5 Baths
  • 2,292 sqft

$290,100

Trulia Estimate
as of Jul 18, 2026

$290,100

Trulia Estimate
as of Jul 18, 2026
3 Beds
1.5 Baths
2,292 sqft

Local Information

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

Description

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). It is currently off market. The Trulia Estimate is $290,100, with a rent estimate of $1,898/month.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 9 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

Price History for 516 E Academy St

DatePriceEventSource
05/23/2025$287,900Sold
NorthstarMLS as distributed by MLS GRID #6692563
04/08/2025$274,900PendingNorthstarMLS as distributed by MLS GRID #6692563
04/01/2025$274,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6692563
03/10/2021ListingRemovedN/A
10/20/2015$162,000Sold
N/A
08/21/2015$169,000Listed For SaleN/A
06/30/2015$174,000ListingRemovedN/A
06/09/2015$174,000Listed For SaleN/A
08/29/2013$167,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #2072843
04/22/2009$161,000Sold
N/A

Market trends in Owatonna

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$278K
$5.33KMoM
Sale-to-List Price
99.3%
0.6%MoM
Price per sq ft
$133
$0MoM
Available listings
111
8MoM
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Property Tax and Assessment

Year2025
Tax$3,458
Assessment$262,900
Home facts updated by county records

Comparable Sales for 516 E Academy St

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
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
603 E Academy St, Owatonna, MN
0.14
Single-Family Home
$239,900
06/29/26
3
1.5
1,321
531 E Main St, Owatonna, MN
0.11
Single-Family Home
$230,000
11/06/25
4
1.5
1,621

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E Academy St.
View nearby schools on GreatSchools
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 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
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Homes for sale near 516 E Academy St

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Off Market Homes Near 516 E Academy St

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Based on information submitted to the MLS GRID as of 2026-07-18 00:18:13 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
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