531 Lincoln Ave, Owatonna, MN 55060
Property image
Property image
OFF MARKET

$427,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 3,358 sqft (on 0.49 acres)

531 Lincoln Ave, Owatonna, MN 55060

Est. Refi. Payment $2,847/mo*
Refinance Your Home

Home Value

Trulia Estimate
$428K
Since last month
Increased$12K (+2.9%)
Since last year
$0 (0%)
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 +49% in the last 10 years
MonthEstimated value
2026
September 2026$429K
August 2026$417K
July 2026$415K
June 2026$424K
May 2026$424K
April 2026$418K
March 2026$418K
February 2026$414K
January 2026$408K
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
516 E School St, Owatonna, MN
0.08
Single-Family Home
$207,000
11/07/25
3
1.5
2,741
609 Harriet Ave, Owatonna, MN
0.11
Single-Family Home
$300,000
05/29/26
3
2
2,753
551 Agnes St, Owatonna, MN
0.19
Single-Family Home
$290,000
04/27/26
3
1.5
2,864
349 McIndoe St, Owatonna, MN
0.36
Single-Family Home
$340,000
01/12/26
3
1.5
3,240
604 Prospect St, Owatonna, MN
0.21
Single-Family Home
$243,500
11/03/25
3
2
2,184
416 E University St, Owatonna, MN
0.11
Single-Family Home
$252,000
05/20/26
2
2
2,151
525 E Main St, Owatonna, MN
0.25
Single-Family Home
$499,900
11/24/25
4
2.5
3,598
516 Truman Ave, Owatonna, MN
0.20
Single-Family Home
$296,200
06/01/26
3
2
1,918
530 S St E, Owatonna, MN
0.23
Single-Family Home
$100,000
07/07/26
3
2
1,335
576 Phelps St E, Owatonna, MN
0.14
Single-Family Home
$330,000
08/26/26
4
2
1,887

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
528 Phelps St, Owatonna, MN 55060
0.03
$293,500
4
2
2,247
Off Market
531 E School St, Owatonna, MN 55060
0.06
$270,900
2
2
2,222
Off Market
503 Lincoln Ave S, Owatonna, MN 55060
0.04
$248,400
3
2
2,682
Off Market
560 Phelps Street, Owatonna, MN 55060
0.05
$297,100
3
3
2,192
Off Market
518 Lincoln Avenue, Owatonna, MN 55060
0.05
$333,900
3
2
1,971
Off Market
516 E School St, Owatonna, MN 55060
0.08
$198,800
3
1.5
2,741
Off Market
510 E School St, Owatonna, MN 55060
0.08
$185,000
2
1
1,851
Recently Sold
556 Phelps St, Owatonna, MN 55060
0.09
$354,800
4
2.5
3,229
Off Market
521 E Academy St, Owatonna, MN 55060
0.11
$323,800
3
2
1,805
Off Market
448 E School St, Owatonna, MN 55060
0.09
$231,000
3
1
1,546
Off Market
527 E Academy St, Owatonna, MN 55060
0.11
$210,000
3
1
2,028
Recently Sold
558 E School St, Owatonna, MN 55060
0.12
$265,600
3
2
2,141
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 1965
0.49 acre lot
3,358 sqft
$127/sqft
Garage

About this House

A Stunning Departure From The Ordinary! Situated On Three Residential Lots, This Red Brick Ranch Is Complimented By Beautiful Landscaping, A Privacy Fence, ''Patina'' Copper Trim And A New Roof In 2012. Interior Features Offer 3 Nicely Appointed Bedrooms Including An Owner's Suite W/Private Bath, Wi Closet & Reading Area, 2 Baths, & 2 Fireplaces. Over 3,800 Sq. Ft. of Finished Area Complimented By
531 Lincoln Ave, Owatonna, MN 55060 is a 3 bedroom, 2 bathroom, 3,358 sqft single-family home built in 1965. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $427,700, with a rent estimate of $1,934/month.

Home Details for 531 Lincoln Ave

Interior Features

Interior Details
BasementNumber of Rooms: 11
Heating & Cooling
Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.49 acres

Price and Tax history

YearProperty taxTax assessment
2025
$6,492
$455,400
Home facts updated by county records

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

Frequently asked questions about 531 Lincoln Ave

  • What is 531 Lincoln Ave estimated to be worth?
    Trulia's estimated value for 531 Lincoln Ave in Owatonna, MN is $427,700.
  • 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.
  • What do residents say about Owatonna?
    Residents describe Owatonna, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Owatonna, MN.
  • Does 531 Lincoln Ave have air conditioning?
    Yes, 531 Lincoln Ave in Owatonna, MN has air conditioning.
  • How big is the lot at 531 Lincoln Ave?
    The lot at 531 Lincoln Ave in Owatonna, MN is about 0.49 acres (21,344 sq ft).

Explore by feature - Pet Friendly

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