516 E Thompson St, Mankato, MN 56001
OFF MARKET

$230,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,940 sqft

516 E Thompson St, Mankato, MN 56001

Refinance Your Home
Currently Off Market - Sold Jan 24, 2014 for $114,900

Home Value

Trulia Estimate
$231K
Since last month
$100 (0%)
Since last year
Increased$6K (+2.8%)
Since last sale
Increased$116K (+101.3%)
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 +72% in the last 10 years
MonthEstimated value
2026
August 2026$231K
August 2026$231K
July 2026$231K
June 2026$234K
May 2026$233K
April 2026$231K
March 2026$227K
February 2026$224K
January 2026$221K
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
503 Fountain St, Mankato, MN
0.14
Single-Family Home
$188,000
03/06/26
2
1
1,664
1128 N 5th St, Mankato, MN
0.22
Single-Family Home
$206,000
05/13/26
3
2.5
1,928
614 Adams St, Mankato, MN
0.28
Single-Family Home
$190,000
11/25/25
3
2
1,854
1419 N 5th St, Mankato, MN
0.04
Single-Family Home
$279,900
05/29/26
3
1
1,792
817 N 4th St, Mankato, MN
0.48
Single-Family Home
$180,000
12/22/25
3
1.5
1,722
1415 N 4th St, Mankato, MN
0.10
Single-Family Home
$185,000
09/08/25
4
1
2,386
1322 N 6th St, Mankato, MN
0.08
Single-Family Home
$185,000
05/27/26
2
1
752
913 N 4th St, Mankato, MN
0.42
Single-Family Home
$219,900
01/16/26
3
2
2,021
801 N 4th St, Mankato, MN
0.52
Single-Family Home
$204,000
06/24/26
2
1.5
1,728
1616 N 4th St, Mankato, MN
0.24
Single-Family Home
$340,000
12/05/25
3
1.5
2,242

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
1342 N 6th St, Mankato, MN 56001
0.04
$175,800
1
1
1,316
Off Market
1337 N 5th St, Mankato, MN 56001
0.05
$270,000
3
3
2,464
For Sale
1327 N 5th St, Mankato, MN 56001
0.07
$249,700
2
2
1,716
Off Market
1317 N 5th St, Mankato, MN 56001
0.08
$199,500
2
2
1,417
Off Market
1404 N 5th St, Mankato, MN 56001
0.06
$205,000
3
2
1,557
For Sale
1419 N 5th St, Mankato, MN 56001
0.04
$279,900
3
1
1,792
Recently Sold
1317 N 7th St, Mankato, MN 56001
0.10
$220,500
3
1
1,820
Off Market
1301 N 5th St, Mankato, MN 56001
0.12
$218,700
3
1.5
1,792
Off Market
1339 N 4th St, Mankato, MN 56001
0.11
$210,800
3
1.5
2,084
Off Market
304/306 N 6th Street, Mankato, MN 56001
0.08
$237,100
Studio
-
-
Off Market
1428 N 5th St, Mankato, MN 56001
0.09
$260,300
4
1.5
2,174
Off Market
1415 N 4th St, Mankato, MN 56001
0.10
$190,900
4
1
2,386
Off Market

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1931
Living Area
1,940 sqft
Price/Sqft
$119
Parking
Garage

About this House

Well maintained two-story located three blocks from Tourtellotte Park. Be welcomed into your home with this warm entryway featuring a charming phone nook and convenient coat closet. There is a spacious living room and dining room with plenty of natural light and beautiful oak floors. The exquisite kitchen is equipped with stainless steel appliances, oak cabinets, and tile back splash. On the second floor, you will find two generously sized bedrooms and a tranquil full bath with a built-in linen closet. Through the second-floor hall closet you can find extra hidden storage. The basement features a tidy laundry room, 3/4 bathroom, a gorgeous second living room, and an efficient storage closet. Dont miss the large fenced-in yard featuring a deck, storage shed, and car port. This house is move-in ready! Check it out before it is gone!
516 E Thompson St, Mankato, MN 56001 is a 2 bedroom, 2 bathroom, 1,940 sqft single-family home built in 1931. It last sold for $114,900 on Jan 24, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $230,900, with a rent estimate of $1,772/month.

Home Details for 516 E Thompson St

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Dining Room
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Masonry
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 4356 sqft

Price and Tax history

DateEventPrice
Oct 27, 2022
Source: RASM #7031229
Listed For Sale
$184,900
Jan 24, 2014
Source: Lake Superior Area Realtors as distributed by MLS GRID #2044488
Sold
$114,900
Aug 15, 2013
Source: Agent Provided
PriceChange
$119,000
Price decreased by 5%
Jun 14, 2013
Source: Agent Provided
PriceChange
$124,900
Price decreased by 4%
May 23, 2013
Source: Agent Provided
Listed For Sale
$129,900

Market trends in Mankato

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$297K
$13.17KMoM
Sale-to-List Price
100.2%
0.3%MoM
Price per sq ft
$148
$3MoM
Available listings
172
23MoM

Around this home

What Locals Say about Mankato

At least 172 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say car is needed

  • 76 % Say yards are well-kept

  • 76 % Say there's holiday spirit

  • 75 % Say there are sidewalks

  • 67 % Say kids play outside

  • 64 % Say people would walk alone at night

  • 56 % Say streets are well-lit

  • 56 % Say it's quiet

  • 53 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Steph23prieto
    "Right in middle downtown, and it’s always something going on "
    0
    Flag
  • Trevor Haman
    "Safe area and great surrounding communities and schools. Affordable, a lot of shopping options and can get anywhere in town within 10 mins "
    0
    Flag
  • Elisa L.
    "I have a short drive by car with very light traffic. There are buses but I don’t need them. My son gets rides to and from work by a transportation company. "
    2
    Flag
  • Ehnienkerk
    "It is quiet, the neighbors are friendly and helpful. It is close to a lot of popular places in Mankato."
    0
    Flag
  • Ashley G.
    "they dont like big dogs and it's hard to find anywhere to live if you do own a large dog. other then that it is a nice neighborhood as long as you dont do drugs. "
    3
    Flag
  • Kristen P.
    "There are lots of people going for walks with their families or walking their dogs. It’s a very bike friendly community. "
    1
    Flag
  • Natasha L.
    "nice neighborhood and very welcoming to the area close to schools and grocery stores and work......... "
    0
    Flag
  • Craytone27
    "I've lived in this neighborhood over5 years and don't know my neighbors names. Most of them don't even speak. A few of them do wave to me when I wave and say hello to them. so I stay inside when I'm not going out. There are a lot of big buildings or companies around here.B ig trucks delivering products are always around here blocking my driveway. I just don't think it is a good neighborhood, especially to raise kids. "
    1
    Flag
  • Ruaa
    "Nice to live and settle down . Suitable for family.many jobs available. Good school.safe neighborhood."
    2
    Flag
  • M S.
    "public transportation is easy to navigate and circles frequently, lots of parking. most things are close enough you could even walk if needed. I regularly walk to work."
    1
    Flag
  • M S.
    "I work just a few blocks from home, I frequently walk or ride my bike. If I bike I remember to bring a strong lock, because bike theft is an issue around here. "
    1
    Flag
  • M S.
    "The artist community here is awesome. lots of local talent, and events going on all the time. Really great area for college students. "
    1
    Flag
  • Ruaa
    "We have safe and friendly neighborhoods. Suitable for families and students. There is MSU university and couple of community colleges. Many lakes to fish or trip around. "
    2
    Flag
  • Ruaa
    "Safe neighborhood, good school rating, well maintained road and sidewalks, quite, and full of activity for kids."
    0
    Flag
  • Laura Gunova
    "Friendly neightbors. Close to pharmacy, gastaron, restaurantes, movie teather quiet, park walking areas"
    0
    Flag
  • Chickadee6979
    "my neighborhood is very quiet and has nice people as neighbors. Lots of people decorate for holidays which is a nice touch."
    0
    Flag
  • Ericka M.
    "Quiet but close enough to everything that you don't feel too far from everything. This neighborhood is one of the best I've lived in."
    0
    Flag
  • Sharon
    "Music & arts throughout spring, summer, and fall. There are also bike & walking trails, for hosting competitive events"
    0
    Flag
  • Doglovingmedic
    "There are public buses and taxi service. Commute is light. No rush hour traffic. Easily drive anywhere quickly. Lots of round abouts to reduce crash rates. "
    0
    Flag
  • Isaaclhorn
    "not many other dogs for their dog to meet and play with, also not very many dogs for people's dogs to play with "
    0
    Flag
  • Smokinalice
    "People here are just nice, for no discernable reason. You get acknowledged by nearly everyone you pass on the street and cashiers will, on occasion, cover the remaining balance of your purchase if it's under ten cents. It's just super low key and pleasant."
    1
    Flag
  • Akdimportantemail
    "its low income and the kids are just awful plus it's by a college with 40k coming and going for the school yr. "
    0
    Flag
  • Kaywahmae
    "I’ve lived here for almost a year. It’s a decent place for college kids or someone just starting out. "
    1
    Flag
  • Molly P.
    "lived in Wash Park neighborhood for 3 years. it's always bustling with people. the park is a good place for kids to go in summer. historic and beautiful homes in the area."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 E Thompson St

  • What is 516 E Thompson St estimated to be worth?
    Trulia's estimated value for 516 E Thompson St in Mankato, MN is $230,900.
  • What is the price history for 516 E Thompson St?
    516 E Thompson St in Mankato, MN last sold for $114,900 in January 2014.
  • Is Mankato a buyer's or seller's market?
    Mankato is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mankato?
    The median sale price in Mankato is $297K. That is up $13.17K from the prior month.
  • How big is the lot at 516 E Thompson St?
    The lot at 516 E Thompson St in Mankato, MN is about 0.10 acres (4,356 sq ft).
  • Does 516 E Thompson St have a garage?
    Yes, 516 E Thompson St in Mankato, MN has a garage.

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