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  • $105,000

    408 2nd St, Lyle, MN 55953

    3beds
    1,596sqft
    : 
    Single Family Residence
    Built in 1886
    10,193.04 Square Feet Lot
    $105,100 Zestimate®
    $66/sqft
    $-- HOA

    What's special

    Generous lot
    Welcome home to this charming three-bedroom gem that's ready for your personal touch! Nestled in the heart of a friendly southern Minnesota community, this solid home offers an incredible opportunity for buyers looking to build equity while creating their dream space. With nearly 1,600 square feet of living space and one and a half bathrooms, there's plenty of room to spread out and enjoy. The bones are good here, folks. This is your chance to roll up your sleeves and transform a classic house into the home you've always envisioned. Whether you're a first-time buyer ready to dive into homeownership or a savvy investor looking for your next project, the price point on this property makes it an attractive option worth serious consideration. The generous lot gives you room to breathe and dream big. Picture summer barbecues in the backyard, a vegetable garden, or maybe even that workshop you've been wanting. Speaking of outdoor fun, Lyle City Park is just a short distance down the street, perfect for morning outings, afternoon picnics, or enjoying the outdoors. Small-town living at its finest awaits you here. The kind of community where neighbors wave and folks still look out for one another. You get peace, quiet, and a slower pace of life without sacrificing convenience. Don't let this opportunity slip through your fingers. Properties with this much potential at this price don't come around every day. Schedule your showing today and start imagining the possibilities!
    23 days
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    742
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    32
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    Zillow last checked: 8 hours ago

    Listing updated: February 05, 2026 at 03:05am

    Listed by:

    Luke Ihde 507-272-7960,

    Homes Plus Realty,

    Roger L Ihde 972-971-9769

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7016744MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bathroom
    • Level: Main
    Bathroom
    • Level: Main
    Dining room
    • Level: Main
    Family room
    • Level: Upper
    Foyer
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Porch
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,596
    • Total interior livable area: 1,596 sqft
    • Finished area above ground: 1,596
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Covered, Rear Porch, Side Porch
    Lot
    • Size: 10,193.04 Square Feet
    • Dimensions: 60 x 170
    Details
    • Foundation area: 900
    • Parcel number: 270010780
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1886

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Original Village
    HOA
    • Has HOA: No
    Location
    • Region: Lyle

    Financial & listing details

    • Price per square foot: $66/sqft
    • Tax assessed value: $126,800
    • Annual tax amount: $1,364
    • Date on market: 2/4/2026
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
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    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $105,100

    $100,000 - $110,000

    $1,526/mo

    Price history

    Price history
    DateEventPrice
    2/4/2026Listed for sale$105,000-30%$66/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7016744 Report a problem
    9/20/2021Sold$150,000+1053.8%$94/sqft
    Source: Public Record Report a problem
    2/19/2021Listing removed--
    Source: Owner Report a problem
    4/24/2020Sold$13,000-12.8%$8/sqft
    Source: Public Record Report a problem
    2/25/2020Price change$14,900-12.4%$9/sqft
    Source: Owner Report a problem
    1/29/2020Listed for sale$17,000+142.9%$11/sqft
    Source: Owner Report a problem
    6/5/2017Sold$7,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,364 -7.5%$126,800 +4.1%
    2023$1,474 -6.6%$121,800
    2022$1,578 +135.5%--
    2021$670 +9.5%--
    2020$612 -2.2%--
    2019$626 +111.5%--
    2018$296 +5.7%--
    2017$280 -5.4%--
    2016$296 +17.5%--
    2015$252 --
    2012$252 --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $634/mo
    Principal & interest
    $541
    Property taxes
    $93

      Climate risks

      Neighborhood: 55953

      Getting around

      24 / 100
      Car-Dependent
      31 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 55953

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