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

531 Lincoln Ave
Owatonna, MN 55060

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

$417,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,587/mo*
Refinance Your Home

$417,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,587/mo*
Refinance Your Home
3 Beds
2 Baths
3,358 sqft
(on 0.49 acres)

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

Property Type
Single-Family Home
Year Built
1965
Lot Size
0.49 acres
Living Area
3,358 sqft
Price/Sqft
$124
Parking
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. It is currently off market. The Trulia Estimate is $417,400, with a rent estimate of $1,972/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

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$6,492
Assessment$455,400
Home facts updated by county records

Comparable Sales for 531 Lincoln Ave

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
818 Lincoln Ave S, Owatonna, MN
0.21
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 Lincoln Ave.
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

6 pet-friendly rentals in Owatonna, MN

Explore by feature - Garage

15 rentals with a garage in Owatonna, MN

Explore by feature - Air Conditioning

20 rentals with air conditioning in Owatonna, MN

Explore by feature - Washer/dryer

10 rentals with a washer/dryer in Owatonna, MN

Homes for sale near 531 Lincoln Ave

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Off Market Homes Near 531 Lincoln Ave

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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 $417,400.
  • Is Owatonna a buyer's or seller's market?
    Owatonna is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Owatonna?
    The median sale price in Owatonna is $278K. That is down $5.33K 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).