2220 Institute Rd SW is a 1,575 square foot house on a 4.52 acre lot with 4 bedrooms and 3 bathrooms. Based on Redfin's Rochester data, we estimate the home's value is $546,328.
Single-familyProperty Type
1924Year Built
4.52 acresLot Size
$347Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$546,328
$7,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.3% higher than the average sale price ($491K) of 5 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
$6,802 (+2.5%)
$124,400 + $364,700
$489,100
2025
$6,638 (+15.8%)
$124,000 + $347,800
$471,800
2024
$5,730 (+6.9%)
$100,000 + $355,000
$455,000
2023
$5,358 (−0.5%)
$100,000 + $322,300
$422,300
2022
$5,386 (+7.5%)
$99,527 + $291,712
$391,239
2021
$5,010 (−3.5%)
$98,860 + $264,260
$363,120
2020
$5,192 (+15.9%)
$98,810 + $262,130
$360,940
2019
$4,478 (+4.7%)
$65,440 + $246,670
$312,110
2018
$4,278 (+2.8%)
$65,100 + $230,800
$295,900
2017
$4,162 (+3.1%)
$64,700 + $218,900
$283,600
2015
$4,038 (+1.6%)
$64,800 + $221,700
$286,500
2014
$3,974
$64,800 + $221,700
$286,500
Tax history for 2220 Institute Rd SW
Year
Property tax
Land + Additions
Assessment*
2026
$6,802 (+2.5%)
$124,400 + $364,700
$489,100
2025
$6,638 (+15.8%)
$124,000 + $347,800
$471,800
2024
$5,730 (+6.9%)
$100,000 + $355,000
$455,000
2023
$5,358 (−0.5%)
$100,000 + $322,300
$422,300
2022
$5,386 (+7.5%)
$99,527 + $291,712
$391,239
2021
$5,010 (−3.5%)
$98,860 + $264,260
$363,120
2020
$5,192 (+15.9%)
$98,810 + $262,130
$360,940
2019
$4,478 (+4.7%)
$65,440 + $246,670
$312,110
2018
$4,278 (+2.8%)
$65,100 + $230,800
$295,900
2017
$4,162 (+3.1%)
$64,700 + $218,900
$283,600
2015
$4,038 (+1.6%)
$64,800 + $221,700
$286,500
2014
$3,974
$64,800 + $221,700
$286,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R1
Mixed Single Family District
The R-1 district is intended to maintain and promote areas of low residential density where the emphasis is generally on the development of single-family dwellings of various styles. Uses supportive and in character with low-density residential are permitted. This district also provides opportunities for in-fill development in established areas through the efficient use of the existing housing stock and infrastructure
Permitted uses
Include but are not limited to:
Library
Museum / gallery
Death related/funeral home
Mar 27, 2024 • Final
Commercial plumbing
Replace the water heater and water softener in a residential building.
Plumbing
Water heater
Jan 24, 2023 • Final
Residential appliance (water heater)
Install a new water heater.
Plumbing
Water heater
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: 1,184
Bathroom Information
# of Full Baths: 3
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Coal/Wood
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Stucco
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: CITY LANDS
Living Sq. Ft: 1,575
Ground Floor Sq. Ft: 1,575
Building Sq. Ft: 2,759
# of Stories: 1.75
Stories Type: 1 3/4
Legal Description: SECT-15 TWP-106 RANGE-014 CITY LANDS 106-14-15 4.52 AC TH PT SW1/4 NW1/4 & NW1/4 SW1/4 DES AS FOL COM NWCOR NW1/4 SW1/4 TH NELY 181.10FT TH SELY AL WLY ROW OF INSTITUTE RD SW 140.9FT TH S 38 DEG 13'11"E 47.97FT TH SELY 475.96FT AL A TANGENTIAL CURVE CONCAVE SWLY CENTRAL ANGLE 10 DEG 36'19" RADIUS 2571.35FT
Parking & Garage Information
Parking Type: Unfinished Detached Garage
Garage/Parking Sq. Ft: 1,000
Garage / Carport Type: Unfinished Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 196,891
Municipality Name: ROCHESTER
Acres: 4.52
County Use Description: SINGLE FAM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER CITY 0535
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,575
Stories: 1.75
Lot Size: 4.52 acres
Style: Single Family Residential
Year Built: 1924
Year Renovated: 1975
County: Olmsted County
APN: 641532081049
Home facts updated by county records on Jul 9, 2026
Around this home
Schools
Bamber Valley Elementary School
Public PreK-5 • Assigned • 0.5mi
8/10
John Adams Middle School
Public 6-8 • Assigned • 5.0mi
5/10
Mayo Senior High School
Public 9-12 • Assigned • 2.9mi
9/10
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
1/10 Heat Factor
7 days above 98° expected this year, 14 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
Rochester, MN • 55902
Average low and high temperatures (°F)
23
7
31
15
49
29
57
39
69
49
78
60
82
65
78
61
76
56
64
46
45
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$520,000 – $629,000
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