531 E School St, Owatonna, MN 55060
Property image
Property image
OFF MARKET

531 E School St
Owatonna, MN 55060

  • 2 Beds
  • 2 Baths
  • 2,222 sqft (on 0.33 acres)

$283,700

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $1,800/mo*
Refinance Your Home

$283,700

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $1,800/mo*
Refinance Your Home
2 Beds
2 Baths
2,222 sqft
(on 0.33 acres)

Local Information

  • Map ViewExplore the area around 531 E School St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Lot Size
0.33 acres
Living Area
2,222 sqft
Price/Sqft
$128
Parking
1 Car Garage
HOA
None

About this House

Welcome to this charming and well cared for Owatonna rambler featuring 2 bedrooms and 2 bathrooms. Enjoy hardwood floors, a bright and inviting living space, and a generous dining area perfect for gatherings. The kitchen offers ample cabinet space, stainless steel appliances, and a cozy breakfast nook. Relax in the screened porch or entertain in the finished lower level complete with a built-in bar. Step outside to a spacious backyard with a new privacy fence - perfect for enjoying the summer months. With comfortable room sizes, a full bath featuring both a walk-in shower and soaking tub, and a convenient location near parks, schools, and local amenities, this move-in-ready home offers a great blend of comfort and character.
531 E School St, Owatonna, MN 55060 is a 2 bedroom, 2 bathroom, 2,222 sqft single-family home built in 1952. It last sold for $282,000 on Jun 20, 2025 (1% above the $279,900 asking price). It is currently off market. The Trulia Estimate is $283,700, with a rent estimate of $1,796/month.

Home Details for 531 E School St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Partially FinishedNumber of Rooms: 15Types of Rooms: Bedroom, Bedroom 2, Bathroom, Dining Room, Foyer, Kitchen, Laundry, Living Room, Recreation Room, Screened Porch, Storage, Utility Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2222 Square FeetFoundation Area: 1440
Appliances & Utilities
Appliances: Dishwasher, Dryer, WasherDishwasherDryerWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years Asphalt
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1319 Square FeetFinished Area (below surface): 903 Square Feet

Days on Market

Cumulative Days on Market: 1

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 170151439

Price & Status

Price
List Price: $279,900
Status Change & Dates
Off Market Date: Sat May 17 2025

Media

Location

Direction & Address
City: Owatonna
School Information
High School District: Owatonna

Building

Building Area
Building Area: 2880 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.33 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6715766Above Grade Unfinished Area: 1319Activation Date: Fri May 16 2025
Last check for updates: about 2 hours ago
Listed by Caleb Carlson, (701) 520-8569
Real Broker, LLC
Molly Muehlbauer, (651) 434-2485
Bought with: Duane Ringhofer, (507) 456-1183, Help-U-Sell Heritage Real Est.
Source: NorthstarMLS as distributed by MLS GRID, MLS#6715766

Price History for 531 E School St

DatePriceEventSource
07/09/2025$279,900ListingRemovedNorthstarMLS as distributed by MLS GRID #6748733
07/02/2025$279,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6748733
06/20/2025$282,000Sold
NorthstarMLS as distributed by MLS GRID #6715766
05/18/2025$279,900PendingNorthstarMLS as distributed by MLS GRID #6715766
05/16/2025$279,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6715766
03/17/2023$239,900Sold
NorthstarMLS as distributed by MLS GRID #6239623
02/23/2023$239,900PendingNorthstarMLS as distributed by MLS GRID #6239623
01/26/2023$239,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6239623
01/08/2016$138,552Sold
N/A
07/17/2006$157,900Sold
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$3,304
Assessment$249,300
Home facts updated by county records

Comparable Sales for 531 E School St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
516 Truman Ave, Owatonna, MN
0.16
Single-Family Home
$296,200
06/01/26
3
2
1,918
618 E University St, Owatonna, MN
0.17
Single-Family Home
$241,000
06/26/26
2
2
1,573
604 Prospect St, Owatonna, MN
0.21
Single-Family Home
$243,500
11/03/25
3
2
2,184
568 Agnes St, Owatonna, MN
0.19
Single-Family Home
$233,990
05/21/26
2
2.5
2,373
551 Agnes St, Owatonna, MN
0.14
Single-Family Home
$290,000
04/27/26
3
1.5
2,864
516 E School St, Owatonna, MN
0.05
Single-Family Home
$207,000
11/07/25
3
1.5
2,741
609 Harriet Ave, Owatonna, MN
0.17
Single-Family Home
$300,000
05/29/26
3
2
2,753
818 Lincoln Ave S, Owatonna, MN
0.26
Single-Family Home
$253,000
12/15/25
3
2
2,394

Nearby homes

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Assigned Schools

These are the assigned schools for 531 E School 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
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 531 E School St

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Off Market Homes Near 531 E School St

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Based on information submitted to the MLS GRID as of 2026-07-26 03:33:27 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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