540 Homestead Rd is a 1,513 square foot house on a 10,193 square foot lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Mankato data, we estimate the home's value is $258,733.
Single-familyProperty Type
1991Year Built
10,193 sq ftLot Size
$171Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$258,733
$4,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.9% lower than the average sale price ($300K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$2,716 (−5.2%)
2025
$2,864 (−2.5%)
2024
$2,938 (−0.3%)
2023
$2,946 (+5.4%)
2021
$2,794 (−7.8%)
2020
$3,032 (+1.7%)
2019
$2,980 (+5.5%)
2018
$2,824 (+25.4%)
$33,100 + $99,000
$132,100
2017
$2,252 (+4.7%)
$30,700 + $88,800
$119,500
2015
$2,150 (+0.7%)
$30,300 + $82,200
$112,500
2014
$2,134 (−1.4%)
$30,100 + $78,900
$109,000
2013
$2,164
$30,100 + $78,900
$109,000
Tax history for 540 Homestead Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,716 (−5.2%)
2025
$2,864 (−2.5%)
2024
$2,938 (−0.3%)
2023
$2,946 (+5.4%)
2021
$2,794 (−7.8%)
2020
$3,032 (+1.7%)
2019
$2,980 (+5.5%)
2018
$2,824 (+25.4%)
$33,100 + $99,000
$132,100
2017
$2,252 (+4.7%)
$30,700 + $88,800
$119,500
2015
$2,150 (+0.7%)
$30,300 + $82,200
$112,500
2014
$2,134 (−1.4%)
$30,100 + $78,900
$109,000
2013
$2,164
$30,100 + $78,900
$109,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Apr 18, 2026 • Final
Right-of-way excavation & obstruction
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 813
Basement Finish: Resident
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Masonry
Building Style Type: Split Foyer
Exterior Wall: Vinyl
Roof Shape Type: Gable
Property Information
Subdivision Name: SOUTHEAST VILLAGE SUB 6
Living Sq. Ft: 1,513
Building Sq. Ft: 2,106
Stories Type: Split Foyer
Legal Description: SOUTHEAST VILLAGE SUB #6 035 001 00
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 480
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,193
Municipality Name: MANKATO
Acres: 0.234
County Use Description: RESIDENTIAL SINGLE UNIT
Financial
Assessor Information
Assessment Year: 2025
Tax Area: MKTO WEST SIDE 2
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,513
Stories: —
Lot Size: 10,193 square feet
Style: Single Family Residential
Year Built: 1991
Year Renovated: 1991
County: Blue Earth County
APN: R010920202004
Home facts updated by county records on Aug 3, 2026
Around this home
Schools
Kennedy Elementary School
Public PreK-5 • Assigned • 1.2mi
9/10
Prairie Winds Middle School
Public 6-8 • Assigned • 1.5mi
6/10
Mankato East Senior High School
Public 9-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Mankato, MN • 56001
Average low and high temperatures (°F)
24
7
32
14
51
29
59
38
72
49
80
61
83
65
79
61
78
56
66
45
45
31
31
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.7 hours in December, which is comparable to the
U.S. average for solar exposure.
10.3 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$246,000 – $298,000
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