Google satellite image for 5402 Ostman Rd, Mountain Iron, MN 55768

Off market

$169,262

•

1 ba

•

1,542

sq ft

5402 Ostman Rd, Mountain Iron, MN 55768

About this home

5402 Ostman Rd is a 1,542 square foot house on a 3.9 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Mountain Iron data, we estimate the home's value is $169,262.

Single-familyProperty Type

3.9 acresLot Size

$110Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$169,262

$8,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.4% lower than the average sale price ($183K) of 6 comparable homes.

SOLD JUL 24, 2026
$210,000
A
3 beds1 bath1,512 sq ft
8426 Centennial Dr, Mountain Iron, MN 55768
SOLD OCT 2, 2026
$118,000
B
3 beds1.25 baths1,612 sq ft
324 11th St S, Virginia, MN 55792
SOLD OCT 8, 2026
$139,000
C
3 beds3 baths1,607 sq ft
8785 Mud Lake Rd, Mountain Iron, MN 55768
SOLD JUN 4, 2026
$165,000
D
3 beds2 baths1,512 sq ft
604 Woodbridge Ave Ave, Buhl, MN 55713
SOLD OCT 20, 2026
$255,000
E
4 beds2 baths— sq ft
5432 Mineral Ave, Mountain Iron, MN 55768
SOLD SEP 25, 2026
$210,000
F
3 beds3 baths— sq ft
4608 Highway 25, Mountain Iron, MN 55768

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Earn from this home

Rent

$2,237/mo

Redfin rental estimate

List your home for rent

Market trends in 55768, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

92.7%

+1.2% MoM

Median sale price

$199K

$24K MoM

Avg. days on market

21d

20 days MoM

Recently sold homes

1 MoM

New listings for sale

$359,900
4 beds2 baths2,242 sq ft
8557 Unity Dr, Mountain Iron, MN 55768
See all

Provided by Redfin

Sale history for 5402 Ostman Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$410 (−25.7%)

$23,072 + $54,311

$77,383

2025

$552 (−27.4%)

$23,931 + $61,627

$85,558

2024

$760 (+6.7%)

$26,535 + $68,333

$94,868

2023

$712 (−17.4%)

$25,925 + $61,640

$87,565

2022

$862 (+50.2%)

$15,886 + $50,097

$65,983

2021

$574 (+19.1%)

$15,886 + $50,097

$65,983

2020

$482 (−9.4%)

$15,886 + $50,097

$65,983

2019

$532 (+18.2%)

$15,254 + $41,355

$56,609

2018

$450 (+45.2%)

$15,254 + $41,355

$56,609

2017

$310 (+14.8%)

$11,883 + $34,262

$46,145

2016

$270 (−47.9%)

$11,900 + $34,200

$46,100

2014

$518 (−18.6%)

$12,800 + $45,400

$58,200

2013

$636

$12,800 + $45,400

$58,200

Tax history for 5402 Ostman Rd

Year

Property tax

Land + Additions

Assessment*

2026

$410 (−25.7%)

$23,072 + $54,311

$77,383

2025

$552 (−27.4%)

$23,931 + $61,627

$85,558

2024

$760 (+6.7%)

$26,535 + $68,333

$94,868

2023

$712 (−17.4%)

$25,925 + $61,640

$87,565

2022

$862 (+50.2%)

$15,886 + $50,097

$65,983

2021

$574 (+19.1%)

$15,886 + $50,097

$65,983

2020

$482 (−9.4%)

$15,886 + $50,097

$65,983

2019

$532 (+18.2%)

$15,254 + $41,355

$56,609

2018

$450 (+45.2%)

$15,254 + $41,355

$56,609

2017

$310 (+14.8%)

$11,883 + $34,262

$46,145

2016

$270 (−47.9%)

$11,900 + $34,200

$46,100

2014

$518 (−18.6%)

$12,800 + $45,400

$58,200

2013

$636

$12,800 + $45,400

$58,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Brick Chimney
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Property Information
Subdivision Name: MOUNTAIN IRON LANDS IN THE CITY
Living Sq. Ft: 1,542
Building Sq. Ft: 1,542
# of Stories: 1.2
Legal Description: ALL THAT PIECE OR PARCEL OF LAND IN THE SE1/4 OF NE1/4 DESCRIBED AS FOLLOWS: BEGINNING ON THE SOUTH LINE OF THE SE1/4 OF NE1/4, 10 FEET EAST OF THE SOUTHWEST CORNER OF SAID SE1/4 OF NE1/4; THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID SE1/4 OF NE1/4, 493.02 FEET; THENCE NORTHERLY 674.75 FEET TO THE SOUTHERLY LINE OF PROPOSED ROAD; THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID PROPOSED ROAD 492.81 FEET TO A POINT ON THE EAST LINE OF PROPOSED ROAD 10 FEET EAST OF THE WEST LINE OF SAID SE1/4 OF NE1/4; THENCE SOUTHERLY ALONG THE EAST LINE OF SAID PROPOSED ROAD 684.5 FEET TO THE POINT OF BEGINNING EXCEPT THE NORTH 337 FEET THEREOF.

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 169,884
Municipality Name: MOUNTAIN IRON
Acres: 3.9
County Use Description: RES 1 UNIT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,542
Stories: 1.2
Lot Size: 3.9 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: St. Louis County
APN: 175-0071-02220

Home facts updated by county records on Oct 28, 2026

Around this home

Schools

K - 12
Preschool & daycare

Merritt Elementary School

Public PreK-6 • Assigned • 3.6mi

6/10

Mountain Iron-Buhl Secondary

Public 7-12 • Assigned • 3.6mi

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

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 92° expected this year, 11 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Mountain Iron, MN • 55768

Average low and high temperatures (°F)

-3

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 2.8 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

2.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 55768

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Home values near 5402 Ostman Rd

Data from public records.

Address	Redfin Estimate
5407 Ostman Road, Mountain Iron, MN 2 Beds \| 1 Baths \| 880 Sq. Ft.	$137,433
9274 Old Highway 169, Mountain Iron, MN 2 Beds \| 1 Baths \| 1324 Sq. Ft.	$180,237
5429 Giorgis Road, Mountain Iron, MN 3 Beds \| 2 Baths \| 1344 Sq. Ft.	$231,767
9296 Old Highway 169, Mountain Iron, MN 2 Beds \| 1 Baths \| 1131 Sq. Ft.	$139,252
9338 Old Highway 169, Mountain Iron, MN 2 Beds \| 1 Baths \| 952 Sq. Ft.	$197,800
9351 Old Highway 169, Mountain Iron, MN 2 Beds \| 2 Baths \| 1013 Sq. Ft.	$246,096
9240 Old Highway 169, Mountain Iron, MN 3 Beds \| 1 Baths \| 884 Sq. Ft.	$125,265

Address	Redfin Estimate
5418 Ostman Road, Mountain Iron, MN 2 Beds \| 1 Baths \| 972 Sq. Ft.	$146,824
9287 Old Highway 169, Mountain Iron, MN 3 Beds \| 2 Baths \| 1064 Sq. Ft.	$211,646
9229 Old Highway 169, Mountain Iron, MN 2 Beds \| 1 Baths \| 984 Sq. Ft.	$195,288
9313 Otto Road, Mountain Iron, MN 3 Beds \| 1 Baths \| 960 Sq. Ft.	$188,444
9323 Old Highway 169, Mountain Iron, MN 3 Beds \| 1 Baths \| 1152 Sq. Ft.	$198,096
9275 Otto Road, Mountain Iron, MN 4 Beds \| 2 Baths \| 1002 Sq. Ft.	$220,116
9350 Old Highway 169, Mountain Iron, MN 4 Beds \| 1 Baths \| 1442 Sq. Ft.	$264,648

Address	Redfin Estimate
9356 Old Highway 169, Mountain Iron, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$343,928
9260 Old Highway 169, Mountain Iron, MN 3 Beds \| 2 Baths \| 1085 Sq. Ft.	$240,778
9293 Otto Road, Mountain Iron, MN 2 Beds \| 1 Baths \| 1152 Sq. Ft.	$157,083
9328 Otto Road, Mountain Iron, MN 3 Beds \| 2 Baths \| 1428 Sq. Ft.	$252,859
9331 Old Highway 169, Mountain Iron, MN 3 Beds \| 2 Baths \| 1276 Sq. Ft.	$270,245
9259 Old Highway 169, Mountain Iron, MN 2 Beds \| 1 Baths \| 1126 Sq. Ft.	$177,868
9336 Old Highway 169, Mountain Iron, MN 3 Beds \| 1 Baths \| 1028 Sq. Ft.	$216,991

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55768, MN

Sale history for 5402 Ostman Rd

Tax history for 5402 Ostman Rd

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 55768

Home values near 5402 Ostman Rd

More real estate resources