Step into a piece of history in the heart of Elgin. This property offers a sprawling rambler with all main floor living on a huge double lot offering over a .9 acre lot and 264' of road frontage! Built in 1949 by Doc. Ellis, this home has all the charm with numerous updates throughout. The main floor has over 2,000 square feet with 2 bedrooms, 2 baths, 2 living rooms, a large dining room and a large kitchen with all custom cabinets. New flooring in the primary bedroom and front family room space. Upstairs you will find a large 3rd bedroom with new flooring and paint and recently fully remodeled bathroom. The exterior of the home has stone, brick and cement board siding! The HVAC system was all updated in the last 5 years. This home offers you, the buyer, an opportunity to turn this property into a paradise setting for you to enjoy for years to come!
Single-familyProperty Type
1949Year Built
0.91 acresLot Size
1 car garageParking
Listed by Brad Jech• Tony Montgomery Realty & Auction
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Market trends in 55932, MN
Last updated October 2026
Sale-to-list price
98.6%
+2.5% MoM
Median sale price
$299K
$50K MoM
Avg. days on market
14d
4 days MoM
Recently sold homes
6
1 MoM
Provided by Redfin
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Rental estimate
Est. $3,374 per month, based on comparable rentals
Sale and tax history for 240 1st St SW
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7149895
Nov 5, 2026
Sold
$310,000
Oct 14, 2026
Pending
—
Oct 8, 2026
Contingent
—
Sep 28, 2026
Listed
$329,900
NORTHSTARMLS as Distributed by MLS Grid #6746686
Feb 27, 2026
Sold
$282,000
Jan 12, 2026
Pending
—
Oct 7, 2025
Price Changed
$339,900
Aug 5, 2025
Price Changed
$359,900
Jul 9, 2025
Listed
$379,900
Jun 28, 2025
Coming Soon
$379,900
+47
Step into a piece of history in the heart of Elgin. This property offers a sprawling rambler with all main floor living on a huge double lot offering over a .9 acre lot! Built in 1949 by Doc. Ellis, this home has all the charm with numerous updates throughout. The main floor has over 2,000 square feet with 2 bedrooms, 2 baths, 2 living rooms, a large dining room and a large kitchen with all custom cabinets. Upstairs you will find a large 3rd bedroom and recently fully remodeled bathroom. The exterior of the home has stone, brick and cement board siding! The HVAC system was all updated in the last 4 years. This home offers you, the buyer, an opportunity to turn this property into a paradise setting for you to enjoy for years to come!
Public Records
Jan 11, 2019
Sold
$155,100
Public Records
Oct 31, 2003
Sold
$165,000
Public Records
Nov 24, 1998
Sold
$125,000
Year
Property tax
Land + Additions
Assessment*
2026
$3,822 (+6.7%)
2025
$3,582 (+2.1%)
2024
$3,508 (+5.3%)
2023
$3,330 (+4.2%)
2022
$3,196 (+30.1%)
2021
$2,456 (−1.6%)
2020
$2,496 (−3.0%)
2019
$2,572 (+3.8%)
$32,000 + $120,600
$152,600
2018
$2,478 (−4.5%)
$32,000 + $121,500
$153,500
2017
$2,596 (−6.1%)
$32,000 + $122,400
$154,400
2016
$2,766 (+0.2%)
$32,000 + $139,100
$171,100
2015
$2,760 (−3.8%)
$32,000 + $140,100
$172,100
2014
$2,870 (−6.4%)
$32,000 + $142,100
$174,100
2013
$3,066
$32,000 + $143,200
$175,200
Public record
Beds
3
Baths
3
Stories
1.75
Lot width
—
Lot depth
—
Lot size
0.6 Acres
Year renovated
1985
Sq. Ft.
2,676
Year built
1949
Style
Single Family Residential
County
Wabasha County
APN
R19.00231.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
Property details
Parking
Parking Information
Parking Features: Attached Garage, Concrete, Driveway - Other Surface, Garage Door Opener
Directions: Home is located on 1st Street SW in Elgin.
Map Coordinate: 999-A1
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,676
Stories: 1.75
Lot Size: 0.6 acres
Style: Single Family Residential
Year Built: 1949
Year Renovated: 1985
County: Wabasha County
APN: R19.00231.00
Home facts updated by county records on Aug 28, 2026
Other
Home Information
Living Area: 2536
Living Area Units: Square Feet
Main Level Finished Area: 2036
Building Area Total: 4008
Foundation Details: Block
Foundation Dimensions: 22x100
Levels: One and One Half
Around this home
Schools
Plainview-Elgin-Millville 4-6
Public 4-6 • Assigned • 0.1mi
7/10
Plainview-Elgin-Millville Junior
Public 7-8 • Assigned • 0.3mi
7/10
Plainview-Elgin-Millville High School
Public 9-12 • Assigned • 4.8mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Elgin, MN • 55932
Average low and high temperatures (°F)
22
7
30
15
49
29
56
38
69
49
78
60
82
65
77
60
74
55
61
45
44
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in Elgin. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$314,000 – $380,000
Sell confidently with a local market expert in Elgin.