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!
Active
$105,000
408 2nd St, Lyle, MN 55953
3beds
1,596sqft
Est.:
Single Family Residence
Built in 1886
10,193.04 Square Feet Lot
$105,100 Zestimate®
$66/sqft
$-- HOA
What's special
Generous lot
- 23 days |
- 742 |
- 32 |
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#: 7016744
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
Estimated market value
$105,100
$100,000 - $110,000
$1,526/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listed for sale | $105,000-30%$66/sqft |
Source: | ||
| 9/20/2021 | Sold | $150,000+1053.8%$94/sqft |
Source: Public Record Report a problem | ||
| 2/19/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/24/2020 | Sold | $13,000-12.8%$8/sqft |
Source: Public Record Report a problem | ||
| 2/25/2020 | Price change | $14,900-12.4%$9/sqft |
Source: Owner Report a problem | ||
| 1/29/2020 | Listed for sale | $17,000+142.9%$11/sqft |
Source: Owner Report a problem | ||
| 6/5/2017 | Sold | $7,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 8/10Lyle Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 4/10Lyle High SchoolGrades: 9-12Distance: 0.3 mi





